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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Halliburton
HAL
$19.3B
| $45.6M | 0.03% |
1,971,836
-82,101
| -4% | -$1.9M |
|
452
Steris
STE
$24B
| $45M | 0.03% |
218,318
+22,788
| +12% | +$4.7M |
|
453
Hewlett Packard
HPE
$32.2B
| $44.8M | 0.03% |
3,071,593
-81,501
| -3% | -$1.19M |
|
454
Zillow
Z
$20.8B
| $44.8M | 0.03% |
366,382
+20,566
| +6% | +$2.51M |
|
455
U-Haul Holding Co
UHAL
$10.8B
| $44.4M | 0.03% |
753,550
+1,920
| +0.3% | +$113K |
|
456
Ally Financial
ALLY
$12.7B
| $44.2M | 0.03% |
887,525
-18,894
| -2% | -$942K |
|
457
Albemarle
ALB
$8.63B
| $44.1M | 0.03% |
261,622
+17,951
| +7% | +$3.02M |
|
458
Essex Property Trust
ESS
$17B
| $44.1M | 0.03% |
146,850
-119,425
| -45% | -$35.8M |
|
459
NetApp
NTAP
$24.7B
| $43.7M | 0.03% |
533,622
-9,177
| -2% | -$751K |
|
460
Devon Energy
DVN
$22.5B
| $43.2M | 0.03% |
1,480,810
+74,644
| +5% | +$2.18M |
|
461
Teledyne Technologies
TDY
$25.6B
| $43M | 0.03% |
102,688
+19,978
| +24% | +$8.37M |
|
462
Exact Sciences
EXAS
$10.4B
| $43M | 0.03% |
345,638
+27,931
| +9% | +$3.47M |
|
463
Darden Restaurants
DRI
$24.7B
| $42.7M | 0.03% |
292,691
-7,572
| -3% | -$1.11M |
|
464
Teleflex
TFX
$5.76B
| $42.2M | 0.03% |
105,029
-3,381
| -3% | -$1.36M |
|
465
M&T Bank
MTB
$31B
| $42.1M | 0.03% |
289,851
-7,798
| -3% | -$1.13M |
|
466
Charles River Laboratories
CRL
$7.54B
| $41.9M | 0.03% |
113,367
-3,457
| -3% | -$1.28M |
|
467
Ulta Beauty
ULTA
$23.1B
| $41.8M | 0.03% |
121,001
-2,610
| -2% | -$902K |
|
|
HZNP
468
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $41.7M | 0.03% |
444,798
+21,247
| +5% | +$1.99M |
|
469
Royal Caribbean
RCL
$92.8B
| $41.7M | 0.03% |
488,395
+33,449
| +7% | +$2.85M |
|
470
AES
AES
$9.06B
| $41.5M | 0.03% |
1,590,271
-44,052
| -3% | -$1.15M |
|
471
Jacobs Solutions
J
$17.3B
| $41.3M | 0.03% |
374,627
+12,880
| +4% | +$1.42M |
|
472
Paycom
PAYC
$12.4B
| $41.2M | 0.03% |
113,314
+11,385
| +11% | +$4.14M |
|
473
Ingersoll Rand
IR
$31.9B
| $40.8M | 0.03% |
836,726
+36,707
| +5% | +$1.79M |
|
474
Boston Properties
BXP
$11.7B
| $40.8M | 0.03% |
356,301
-22,426
| -6% | -$2.57M |
|
475
Bath & Body Works
BBWI
$5.81B
| $40.4M | 0.03% |
693,350
-2,135
| -0.3% | -$124K |
|