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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
SolarEdge
SEDG
$1.99B
| $31.8M | 0.03% |
104,603
+1,989
| +2% | +$605K |
|
452
Iron Mountain
IRM
$27.3B
| $31.7M | 0.03% |
599,979
-85,705
| -12% | -$4.53M |
|
453
Howmet Aerospace
HWM
$72.3B
| $31.5M | 0.03% |
742,919
-114,990
| -13% | -$4.87M |
|
454
Huntington Bancshares
HBAN
$25.9B
| $31.4M | 0.03% |
2,805,632
-424,203
| -13% | -$4.75M |
|
455
Agree Realty
ADC
$8.04B
| $31.4M | 0.03% |
457,995
+80,258
| +21% | +$5.51M |
|
|
MRO
456
DELISTED
Marathon Oil Corporation
MRO
| $31.3M | 0.03% |
1,305,937
-245,678
| -16% | -$5.89M |
|
457
Best Buy
BBY
$16.3B
| $31.2M | 0.03% |
398,552
-54,922
| -12% | -$4.3M |
|
458
Corpay
CPAY
$22B
| $31.2M | 0.03% |
147,855
-24,871
| -14% | -$5.24M |
|
459
The Mosaic Company
MOS
$10.3B
| $30.9M | 0.03% |
673,845
-130,439
| -16% | -$5.98M |
|
460
Revvity
RVTY
$10B
| $30.8M | 0.03% |
231,216
-48,719
| -17% | -$6.49M |
|
461
Dropbox
DBX
$8.19B
| $30.8M | 0.03% |
1,423,952
+213,427
| +18% | +$4.61M |
|
462
Pinterest
PINS
$25.8B
| $30.5M | 0.03% |
1,119,002
-166,718
| -13% | -$4.55M |
|
463
Jacobs Solutions
J
$17.3B
| $30.4M | 0.03% |
312,978
-44,199
| -12% | -$4.3M |
|
464
Axon Enterprise
AXON
$58.1B
| $30.4M | 0.03% |
134,997
-13,307
| -9% | -$2.99M |
|
465
Everest Group
EG
$14.2B
| $30.3M | 0.03% |
84,690
-9,636
| -10% | -$3.45M |
|
466
Paycom
PAYC
$12.6B
| $30.3M | 0.03% |
99,712
-14,295
| -13% | -$4.35M |
|
467
FMC
FMC
$4.73B
| $30.2M | 0.03% |
247,542
-39,838
| -14% | -$4.87M |
|
468
Selective Insurance
SIGI
$4.85B
| $30M | 0.03% |
314,949
+113,910
| +57% | +$10.9M |
|
469
Camden Property Trust
CPT
$11.9B
| $30M | 0.03% |
286,315
-13,939
| -5% | -$1.46M |
|
470
LKQ Corp
LKQ
$8.39B
| $29.8M | 0.03% |
524,385
-109,442
| -17% | -$6.21M |
|
471
Textron
TXT
$14.7B
| $29.7M | 0.03% |
420,875
-75,484
| -15% | -$5.33M |
|
472
CF Industries
CF
$13.7B
| $29.7M | 0.03% |
409,818
-72,940
| -15% | -$5.29M |
|
473
Liberty Media Series C
FWONK
$25.5B
| $29.7M | 0.03% |
409,819
-58,819
| -13% | -$4.26M |
|
474
Avery Dennison
AVY
$13.1B
| $29.6M | 0.03% |
165,577
-16,291
| -9% | -$2.91M |
|
475
Citizens Financial Group
CFG
$22.3B
| $29.6M | 0.03% |
973,968
-146,199
| -13% | -$4.44M |
|