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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Curtiss-Wright
CW
$18.1B
| $38.8M | 0.03% |
109,352
-3,631
| -3% | -$1.29M |
|
452
Albertsons Companies
ACI
$10.7B
| $38.3M | 0.03% |
1,951,422
-15,408
| -0.8% | -$303K |
|
453
Take-Two Interactive
TTWO
$44.2B
| $38.1M | 0.03% |
207,193
-18,808
| -8% | -$3.46M |
|
454
Essential Utilities
WTRG
$11B
| $38.1M | 0.03% |
1,047,706
-27,627
| -3% | -$1M |
|
455
Campbell Soup
CPB
$10.1B
| $38M | 0.03% |
907,798
+10,580
| +1% | +$443K |
|
456
West Pharmaceutical
WST
$18B
| $37.9M | 0.03% |
115,810
+16,595
| +17% | +$5.44M |
|
457
Waters Corp
WAT
$18.2B
| $37.9M | 0.03% |
102,198
-3,585
| -3% | -$1.33M |
|
458
Hubbell
HUBB
$23.2B
| $37.7M | 0.03% |
90,028
-4,715
| -5% | -$1.98M |
|
459
Carvana
CVNA
$50.9B
| $37.5M | 0.03% |
184,357
-11,889
| -6% | -$2.42M |
|
460
Fox Class A
FOXA
$27.4B
| $37.1M | 0.02% |
762,722
-22,389
| -3% | -$1.09M |
|
461
Knight Transportation
KNX
$7B
| $37M | 0.02% |
697,913
+22,713
| +3% | +$1.2M |
|
462
Chemed
CHE
$6.79B
| $36.8M | 0.02% |
69,548
-1,438
| -2% | -$762K |
|
463
International Flavors & Fragrances
IFF
$16.9B
| $36.6M | 0.02% |
433,071
-20,260
| -4% | -$1.71M |
|
464
BWX Technologies
BWXT
$15B
| $36.6M | 0.02% |
328,591
-4,209
| -1% | -$469K |
|
465
KBR
KBR
$6.4B
| $36.5M | 0.02% |
630,592
-2,063
| -0.3% | -$120K |
|
466
NRG Energy
NRG
$28.6B
| $36.5M | 0.02% |
404,661
-16,737
| -4% | -$1.51M |
|
467
Live Nation Entertainment
LYV
$37.9B
| $36.5M | 0.02% |
281,770
-6,784
| -2% | -$879K |
|
468
Regions Financial
RF
$24.1B
| $36.3M | 0.02% |
1,542,616
-128,481
| -8% | -$3.02M |
|
469
Ulta Beauty
ULTA
$23.1B
| $36.2M | 0.02% |
83,346
-6,499
| -7% | -$2.83M |
|
470
Weyerhaeuser
WY
$18.9B
| $36.2M | 0.02% |
1,284,814
-83,845
| -6% | -$2.36M |
|
471
Lennox International
LII
$20.3B
| $35.6M | 0.02% |
58,454
-3,342
| -5% | -$2.04M |
|
472
Northern Trust
NTRS
$24.3B
| $35.4M | 0.02% |
345,583
-13,658
| -4% | -$1.4M |
|
473
Zimmer Biomet
ZBH
$20.9B
| $35.2M | 0.02% |
333,503
-31,358
| -9% | -$3.31M |
|
474
Packaging Corp of America
PKG
$19.8B
| $35.2M | 0.02% |
156,445
-3,930
| -2% | -$885K |
|
475
Jazz Pharmaceuticals
JAZZ
$7.86B
| $35.2M | 0.02% |
285,878
-6,530
| -2% | -$804K |
|