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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XYZ
451
Block, Inc.
XYZ
$45.3B
| $35.7M | 0.02% |
657,214
-218,151
| -25% | -$11.9M |
|
452
Campbell Soup
CPB
$9.83B
| $35.3M | 0.02% |
884,604
-23,194
| -3% | -$926K |
|
453
Martin Marietta Materials
MLM
$37.2B
| $35.3M | 0.02% |
73,857
-23,463
| -24% | -$11.2M |
|
454
AXIS Capital
AXS
$7.57B
| $35.3M | 0.02% |
351,828
-5,246
| -1% | -$526K |
|
455
NVR
NVR
$22.9B
| $35M | 0.02% |
4,838
-466
| -9% | -$3.38M |
|
456
Steel Dynamics
STLD
$19.4B
| $35M | 0.02% |
279,541
-13,811
| -5% | -$1.73M |
|
457
NNN REIT
NNN
$8.07B
| $34.8M | 0.02% |
816,369
-41,667
| -5% | -$1.78M |
|
458
Northern Trust
NTRS
$24.4B
| $34.8M | 0.02% |
352,506
+6,923
| +2% | +$683K |
|
459
Devon Energy
DVN
$22.3B
| $34.8M | 0.02% |
929,727
-56,996
| -6% | -$2.13M |
|
460
Curtiss-Wright
CW
$18.6B
| $34.6M | 0.02% |
109,091
-261
| -0.2% | -$82.8K |
|
461
Dayforce
DAY
$10.9B
| $34.5M | 0.02% |
591,889
+24,328
| +4% | +$1.42M |
|
462
Emcor
EME
$28.5B
| $34.4M | 0.02% |
93,083
+186
| +0.2% | +$68.8K |
|
463
Ryan Specialty Holdings
RYAN
$6.54B
| $34.4M | 0.02% |
465,521
-16,838
| -3% | -$1.24M |
|
464
HEICO Class A
HEI.A
$34.9B
| $34.3M | 0.02% |
162,789
-7,807
| -5% | -$1.65M |
|
465
Reliance Steel & Aluminium
RS
$15.4B
| $34.3M | 0.02% |
118,634
-2,893
| -2% | -$835K |
|
466
AerCap
AER
$21.5B
| $34.1M | 0.02% |
334,235
-7,109
| -2% | -$726K |
|
467
T Rowe Price
TROW
$23.6B
| $33.8M | 0.02% |
367,456
-8,536
| -2% | -$784K |
|
468
Jazz Pharmaceuticals
JAZZ
$7.75B
| $33.6M | 0.02% |
270,800
-15,078
| -5% | -$1.87M |
|
469
Regions Financial
RF
$24.3B
| $33.6M | 0.02% |
1,544,586
+1,970
| +0.1% | +$42.8K |
|
470
Coterra Energy
CTRA
$18.5B
| $33.5M | 0.02% |
1,159,117
+10,582
| +0.9% | +$306K |
|
471
Sun Communities
SUI
$16.1B
| $33.3M | 0.02% |
259,146
+43,813
| +20% | +$5.64M |
|
472
Lennox International
LII
$19.9B
| $33.3M | 0.02% |
59,396
+942
| +2% | +$528K |
|
473
Camden Property Trust
CPT
$11.8B
| $33.1M | 0.02% |
270,642
+6,062
| +2% | +$741K |
|
474
Williams-Sonoma
WSM
$24.6B
| $33M | 0.02% |
208,753
-14,590
| -7% | -$2.31M |
|
475
Coupang
CPNG
$58.8B
| $32.9M | 0.02% |
1,498,535
-6,947
| -0.5% | -$152K |
|