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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
LPL Financial
LPLA
$27.2B
| $33.2M | 0.03% |
152,814
-11,712
| -7% | -$2.55M |
|
452
Mid-America Apartment Communities
MAA
$17B
| $33M | 0.03% |
217,225
-7,758
| -3% | -$1.18M |
|
453
Liberty Global Class C
LBTYK
$4.04B
| $32.8M | 0.03% |
1,846,428
-49,960
| -3% | -$888K |
|
454
Regions Financial
RF
$24.1B
| $32.6M | 0.03% |
1,829,089
-144,001
| -7% | -$2.57M |
|
455
Teradyne
TER
$18.3B
| $32.5M | 0.03% |
292,017
-18,622
| -6% | -$2.07M |
|
456
DoorDash
DASH
$110B
| $32.3M | 0.03% |
423,118
+41,604
| +11% | +$3.18M |
|
457
Nu Holdings
NU
$74.7B
| $32.2M | 0.03% |
4,083,417
+1,422,380
| +53% | +$11.2M |
|
458
Snap-on
SNA
$17.1B
| $32.1M | 0.03% |
111,554
-4,170
| -4% | -$1.2M |
|
459
Targa Resources
TRGP
$34.5B
| $31.9M | 0.03% |
419,107
-35,551
| -8% | -$2.71M |
|
460
Exact Sciences
EXAS
$10.2B
| $31.2M | 0.03% |
331,752
+60,640
| +22% | +$5.69M |
|
|
SPLK
461
DELISTED
Splunk Inc
SPLK
| $31.1M | 0.03% |
293,368
-12,502
| -4% | -$1.33M |
|
462
Best Buy
BBY
$16.3B
| $30.9M | 0.03% |
377,278
-21,274
| -5% | -$1.74M |
|
463
Agree Realty
ADC
$8.04B
| $30.9M | 0.03% |
472,325
+14,330
| +3% | +$937K |
|
464
Western Union
WU
$2.79B
| $30.7M | 0.03% |
2,614,721
+2,902
| +0.1% | +$34K |
|
465
Paycom
PAYC
$12.6B
| $30.5M | 0.03% |
95,004
-4,708
| -5% | -$1.51M |
|
466
Selective Insurance
SIGI
$4.85B
| $30.3M | 0.03% |
316,151
+1,202
| +0.4% | +$115K |
|
467
Zoom
ZM
$25.6B
| $30.3M | 0.03% |
445,891
-99,762
| -18% | -$6.77M |
|
|
AJRD
468
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $30.2M | 0.03% |
550,294
+47,070
| +9% | +$2.58M |
|
469
Sun Communities
SUI
$16.2B
| $30.2M | 0.03% |
231,251
-11,049
| -5% | -$1.44M |
|
470
Waters Corp
WAT
$18.4B
| $29.7M | 0.03% |
111,391
-6,300
| -5% | -$1.68M |
|
471
Pinterest
PINS
$24.8B
| $29.6M | 0.03% |
1,081,131
-37,871
| -3% | -$1.04M |
|
472
LKQ Corp
LKQ
$8.39B
| $29.5M | 0.03% |
505,992
-18,393
| -4% | -$1.07M |
|
473
Huntington Bancshares
HBAN
$25.9B
| $29.5M | 0.03% |
2,732,136
-73,496
| -3% | -$792K |
|
474
International Flavors & Fragrances
IFF
$17B
| $29.4M | 0.03% |
368,904
-111,733
| -23% | -$8.89M |
|
475
Jacobs Solutions
J
$17.3B
| $29.3M | 0.03% |
297,534
-15,444
| -5% | -$1.52M |
|