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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Cloudflare
NET
$77.3B
| $33M | 0.03% |
523,856
+104,517
| +25% | +$6.59M |
|
452
CF Industries
CF
$13.9B
| $32.8M | 0.03% |
382,996
-514
| -0.1% | -$44.1K |
|
453
Builders FirstSource
BLDR
$15.5B
| $32.7M | 0.03% |
262,841
+6,384
| +2% | +$795K |
|
454
Ventas
VTR
$31.5B
| $32.7M | 0.03% |
776,160
+9,194
| +1% | +$387K |
|
455
Healthcare Realty
HR
$6.47B
| $32.5M | 0.03% |
2,126,850
+123,910
| +6% | +$1.89M |
|
456
Illumina
ILMN
$14.8B
| $32.3M | 0.03% |
241,523
+3,714
| +2% | +$496K |
|
457
Zoom
ZM
$25.2B
| $32.2M | 0.03% |
460,836
+14,945
| +3% | +$1.05M |
|
458
First Solar
FSLR
$22B
| $32.1M | 0.03% |
198,696
-3,648
| -2% | -$589K |
|
459
Regions Financial
RF
$24.2B
| $31.8M | 0.03% |
1,849,389
+20,300
| +1% | +$349K |
|
460
Skyworks Solutions
SWKS
$10.8B
| $31.7M | 0.03% |
321,152
+9,692
| +3% | +$956K |
|
461
Everest Group
EG
$14.2B
| $31.6M | 0.03% |
84,989
+1,073
| +1% | +$399K |
|
462
Ares Management
ARES
$39.3B
| $31.5M | 0.03% |
306,621
+4,961
| +2% | +$510K |
|
|
MRO
463
DELISTED
Marathon Oil Corporation
MRO
| $31.5M | 0.03% |
1,179,096
+9,370
| +0.8% | +$251K |
|
464
Camden Property Trust
CPT
$11.8B
| $31.2M | 0.03% |
329,573
+22,636
| +7% | +$2.14M |
|
465
Southwest Airlines
LUV
$16.2B
| $31M | 0.03% |
1,146,949
+23,962
| +2% | +$649K |
|
466
Nu Holdings
NU
$75.1B
| $31M | 0.03% |
4,281,256
+197,839
| +5% | +$1.43M |
|
467
Waters Corp
WAT
$17.4B
| $30.7M | 0.03% |
111,820
+429
| +0.4% | +$118K |
|
468
Textron
TXT
$14.4B
| $30.4M | 0.03% |
388,546
+404
| +0.1% | +$31.6K |
|
469
Las Vegas Sands
LVS
$37.3B
| $29.9M | 0.03% |
652,220
+30,500
| +5% | +$1.4M |
|
470
Gaming and Leisure Properties
GLPI
$13.6B
| $29.8M | 0.03% |
653,721
+190,975
| +41% | +$8.7M |
|
471
Albemarle
ALB
$8.62B
| $29.8M | 0.03% |
175,089
-39,305
| -18% | -$6.68M |
|
472
Ionis Pharmaceuticals
IONS
$10.1B
| $29.7M | 0.03% |
655,371
+397,897
| +155% | +$18M |
|
473
First Citizens BancShares
FCNCA
$25.1B
| $29.7M | 0.03% |
21,518
-116
| -0.5% | -$160K |
|
474
Teradyne
TER
$18.6B
| $29.6M | 0.03% |
294,214
+2,197
| +0.8% | +$221K |
|
|
WBA
475
DELISTED
Walgreens Boots Alliance
WBA
| $29.4M | 0.03% |
1,323,721
-28,076
| -2% | -$624K |
|