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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Zscaler
ZS
$42.7B
| $31.4M | 0.03% |
190,917
+36,969
| +24% | +$6.08M |
|
452
NetApp
NTAP
$23.7B
| $31.3M | 0.03% |
505,673
+70,860
| +16% | +$4.38M |
|
453
Jacobs Solutions
J
$17.4B
| $31.1M | 0.03% |
347,087
+38,888
| +13% | +$3.49M |
|
454
Skyworks Solutions
SWKS
$11.2B
| $31M | 0.03% |
364,119
+46,047
| +14% | +$3.93M |
|
455
Dell
DELL
$84.4B
| $30.9M | 0.03% |
903,962
+123,384
| +16% | +$4.22M |
|
456
W.R. Berkley
WRB
$27.3B
| $30.8M | 0.03% |
714,623
+160,796
| +29% | +$6.92M |
|
457
Pinterest
PINS
$25.8B
| $30.8M | 0.03% |
1,319,879
+230,816
| +21% | +$5.38M |
|
|
AZPN
458
DELISTED
Aspen Technology Inc
AZPN
| $30.7M | 0.03% |
128,672
+22,386
| +21% | +$5.33M |
|
459
Match Group
MTCH
$9.18B
| $30.5M | 0.03% |
639,221
+85,545
| +15% | +$4.08M |
|
460
UDR
UDR
$13B
| $30.3M | 0.03% |
727,315
+145,568
| +25% | +$6.07M |
|
461
Trimble
TRMB
$19.2B
| $30.3M | 0.03% |
557,646
+72,632
| +15% | +$3.94M |
|
462
KBR
KBR
$6.4B
| $30M | 0.03% |
695,013
+163,200
| +31% | +$7.05M |
|
463
Palantir
PLTR
$363B
| $30M | 0.03% |
3,689,606
+747,047
| +25% | +$6.07M |
|
464
Steel Dynamics
STLD
$19.8B
| $30M | 0.03% |
422,670
+50,998
| +14% | +$3.62M |
|
465
Zebra Technologies
ZBRA
$16B
| $29.9M | 0.03% |
114,090
+10,629
| +10% | +$2.78M |
|
466
JB Hunt Transport Services
JBHT
$13.9B
| $29.8M | 0.03% |
190,641
+29,823
| +19% | +$4.66M |
|
467
Corpay
CPAY
$22.4B
| $29.8M | 0.03% |
169,156
+14,284
| +9% | +$2.52M |
|
468
LKQ Corp
LKQ
$8.33B
| $29.8M | 0.03% |
631,977
+122,729
| +24% | +$5.79M |
|
469
FMC
FMC
$4.72B
| $29.8M | 0.03% |
281,898
+42,737
| +18% | +$4.52M |
|
470
Equity Lifestyle Properties
ELS
$12B
| $29.8M | 0.03% |
473,932
+122,855
| +35% | +$7.72M |
|
471
Best Buy
BBY
$16.1B
| $29.5M | 0.03% |
465,169
+33,536
| +8% | +$2.12M |
|
472
Iron Mountain
IRM
$27.2B
| $29.4M | 0.03% |
667,636
+81,875
| +14% | +$3.6M |
|
473
Avery Dennison
AVY
$13.1B
| $29.3M | 0.03% |
180,256
+21,077
| +13% | +$3.43M |
|
474
MongoDB
MDB
$26.4B
| $29.2M | 0.03% |
146,968
+26,126
| +22% | +$5.19M |
|
475
Textron
TXT
$14.5B
| $29.1M | 0.03% |
498,685
+55,901
| +13% | +$3.26M |
|