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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Emcor
EME
$28.9B
| $36.3M | 0.03% |
99,455
+2,990
| +3% | +$1.09M |
|
452
Hubbell
HUBB
$23.8B
| $36.2M | 0.03% |
99,004
-613
| -0.6% | -$224K |
|
453
Ventas
VTR
$31.5B
| $36.2M | 0.03% |
705,722
-22,549
| -3% | -$1.16M |
|
454
Synchrony
SYF
$28.2B
| $36.1M | 0.03% |
764,222
+36,262
| +5% | +$1.71M |
|
455
Axon Enterprise
AXON
$59.7B
| $35.8M | 0.03% |
121,633
+20,438
| +20% | +$6.01M |
|
456
Ulta Beauty
ULTA
$23.3B
| $35.6M | 0.03% |
92,147
+764
| +0.8% | +$295K |
|
457
Alexandria Real Estate Equities
ARE
$14.5B
| $35.3M | 0.03% |
301,463
-2,363
| -0.8% | -$276K |
|
458
Reliance Steel & Aluminium
RS
$15.6B
| $34.8M | 0.03% |
121,944
+7,469
| +7% | +$2.13M |
|
459
Entegris
ENTG
$12.3B
| $34.8M | 0.03% |
256,684
-2,867
| -1% | -$388K |
|
460
Jacobs Solutions
J
$17.7B
| $34.7M | 0.03% |
300,139
+23,509
| +8% | +$2.72M |
|
461
Williams-Sonoma
WSM
$24.9B
| $34.6M | 0.03% |
245,048
+5,204
| +2% | +$735K |
|
462
Regions Financial
RF
$24.2B
| $34.6M | 0.03% |
1,724,657
-40,446
| -2% | -$811K |
|
463
AerCap
AER
$21.8B
| $34.5M | 0.03% |
370,597
+10,155
| +3% | +$946K |
|
464
Take-Two Interactive
TTWO
$45.4B
| $34.5M | 0.03% |
221,564
-15,048
| -6% | -$2.34M |
|
465
Corpay
CPAY
$22B
| $33.9M | 0.02% |
127,353
-3,222
| -2% | -$858K |
|
466
Huntington Bancshares
HBAN
$25.8B
| $33.5M | 0.02% |
2,543,477
-121,897
| -5% | -$1.61M |
|
467
Coterra Energy
CTRA
$18.6B
| $33.4M | 0.02% |
1,253,389
-93,185
| -7% | -$2.49M |
|
468
The Ensign Group
ENSG
$9.74B
| $33.2M | 0.02% |
268,632
-5,421
| -2% | -$671K |
|
469
Ball Corp
BALL
$13.8B
| $33.1M | 0.02% |
551,748
+20,770
| +4% | +$1.25M |
|
470
Aptiv
APTV
$18.2B
| $33M | 0.02% |
468,572
-1,631
| -0.3% | -$115K |
|
471
Lennox International
LII
$20.1B
| $32.9M | 0.02% |
61,572
-601
| -1% | -$322K |
|
472
Exelixis
EXEL
$10.3B
| $32.9M | 0.02% |
1,464,672
-471,150
| -24% | -$10.6M |
|
473
OGE Energy
OGE
$8.9B
| $32.9M | 0.02% |
920,709
-212,562
| -19% | -$7.59M |
|
474
Carnival Corp
CCL
$43.9B
| $32.8M | 0.02% |
1,753,492
-28,806
| -2% | -$539K |
|
475
Avery Dennison
AVY
$13.1B
| $32.8M | 0.02% |
149,961
+1,503
| +1% | +$329K |
|