California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Tractor Supply
TSCO
$31.3B
| $22.8M | 0.03% |
1,348,235
-87,990
| -6% | -$1.49M |
|
452
Twilio
TWLO
$16.4B
| $22.5M | 0.03% |
251,400
-5,300
| -2% | -$474K |
|
453
Paycom
PAYC
$12.6B
| $22.5M | 0.03% |
111,232
-6,538
| -6% | -$1.32M |
|
454
International Flavors & Fragrances
IFF
$17B
| $22.4M | 0.03% |
219,422
-14,000
| -6% | -$1.43M |
|
455
GoDaddy
GDDY
$20.6B
| $22.3M | 0.03% |
390,165
-31,999
| -8% | -$1.83M |
|
|
NBIS
456
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.8B
| $22.3M | 0.03% |
653,521
+547
| +0.1% | +$18.6K |
|
457
Factset
FDS
$14.1B
| $22.2M | 0.03% |
85,086
-4,857
| -5% | -$1.27M |
|
458
Zebra Technologies
ZBRA
$15.9B
| $22.1M | 0.03% |
120,637
-4,958
| -4% | -$910K |
|
459
Insulet
PODD
$24.6B
| $22.1M | 0.03% |
133,645
-7,853
| -6% | -$1.3M |
|
460
Masco
MAS
$15.4B
| $22.1M | 0.03% |
639,874
-55,615
| -8% | -$1.92M |
|
461
NetApp
NTAP
$24.2B
| $22M | 0.03% |
527,009
-62,553
| -11% | -$2.61M |
|
462
SS&C Technologies
SSNC
$21.7B
| $21.9M | 0.03% |
500,200
-29,035
| -5% | -$1.27M |
|
463
EPAM Systems
EPAM
$9.19B
| $21.9M | 0.03% |
117,792
-6,772
| -5% | -$1.26M |
|
464
Ulta Beauty
ULTA
$23B
| $21.8M | 0.03% |
124,113
-136,818
| -52% | -$24M |
|
|
VMW
465
DELISTED
VMware, Inc
VMW
| $21.3M | 0.03% |
175,949
-11,338
| -6% | -$1.37M |
|
466
Qorvo
QRVO
$8.53B
| $21.3M | 0.03% |
264,028
-24,092
| -8% | -$1.94M |
|
467
MPLX
MPLX
$51B
| $21.1M | 0.03% |
1,814,705
-30,933
| -2% | -$359K |
|
468
U-Haul Holding Co
UHAL
$10.9B
| $21M | 0.03% |
724,370
-9,000
| -1% | -$262K |
|
469
AES
AES
$9.06B
| $21M | 0.03% |
1,541,528
-61,142
| -4% | -$832K |
|
|
AMTD
470
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.8M | 0.03% |
601,453
-47,894
| -7% | -$1.66M |
|
471
Hologic
HOLX
$14.8B
| $20.8M | 0.03% |
592,009
-44,778
| -7% | -$1.57M |
|
472
Teradyne
TER
$18.3B
| $20.5M | 0.02% |
379,187
-51,329
| -12% | -$2.78M |
|
473
Hasbro
HAS
$11B
| $20.2M | 0.02% |
282,968
+606
| +0.2% | +$43.4K |
|
474
Celanese
CE
$4.89B
| $20.2M | 0.02% |
275,157
-23,868
| -8% | -$1.75M |
|
475
Medical Properties Trust
MPW
$2.77B
| $20.1M | 0.02% |
1,161,029
-63,128
| -5% | -$1.09M |
|