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 |
Walmart
WMT
|
$250M |
| 2 |
Target
TGT
|
$142M |
| 3 |
Abbott
ABT
|
$113M |
| 4 |
Verizon
VZ
|
$87.4M |
| 5 |
NetEase
NTES
|
$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
TransUnion
TRU
$17.5B
| $39.2M | 0.03% |
435,252
-21,348
| -5% | -$1.92M |
|
477
ON Semiconductor
ON
$20.1B
| $39.1M | 0.03% |
940,597
-46,041
| -5% | -$1.92M |
|
|
HZNP
478
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $39M | 0.03% |
423,551
-50,531
| -11% | -$4.65M |
|
479
Royal Caribbean
RCL
$95.7B
| $38.9M | 0.03% |
454,946
+52,106
| +13% | +$4.46M |
|
480
Jacobs Solutions
J
$17.4B
| $38.7M | 0.03% |
361,747
-2,031
| -0.6% | -$217K |
|
481
SS&C Technologies
SSNC
$21.7B
| $38.5M | 0.03% |
551,064
+15,296
| +3% | +$1.07M |
|
482
Boston Properties
BXP
$12.2B
| $38.4M | 0.03% |
378,727
-1,556
| -0.4% | -$158K |
|
483
Ulta Beauty
ULTA
$23.1B
| $38.2M | 0.03% |
123,611
-6,702
| -5% | -$2.07M |
|
484
United Airlines
UAL
$34.5B
| $38.2M | 0.03% |
663,735
+16,513
| +3% | +$950K |
|
485
PENN Entertainment
PENN
$2.99B
| $38.1M | 0.03% |
363,543
-6,278
| -2% | -$658K |
|
|
VAR
486
DELISTED
Varian Medical Systems, Inc.
VAR
| $37.9M | 0.03% |
214,431
+17,746
| +9% | +$3.13M |
|
487
Paycom
PAYC
$12.6B
| $37.7M | 0.03% |
101,929
-6,998
| -6% | -$2.59M |
|
488
MGM Resorts International
MGM
$9.98B
| $37.6M | 0.03% |
990,423
-47,251
| -5% | -$1.8M |
|
489
IAC Inc
IAC
$2.98B
| $37.6M | 0.03% |
318,449
-13,254
| -4% | -$1.56M |
|
490
Steris
STE
$24.2B
| $37.2M | 0.03% |
195,530
-6,488
| -3% | -$1.24M |
|
491
Energy Transfer Partners
ET
$59.7B
| $37.2M | 0.03% |
4,846,813
-710,149
| -13% | -$5.45M |
|
|
CTLT
492
DELISTED
CATALENT, INC.
CTLT
| $37.1M | 0.03% |
352,552
-41,803
| -11% | -$4.4M |
|
493
Carnival Corp
CCL
$42.8B
| $37.1M | 0.03% |
1,398,312
+237,945
| +21% | +$6.32M |
|
494
Seagate
STX
$40B
| $37.1M | 0.03% |
483,378
-51,229
| -10% | -$3.93M |
|
495
Huntington Bancshares
HBAN
$25.7B
| $36.8M | 0.03% |
2,338,400
-135,247
| -5% | -$2.13M |
|
|
496
NVR
NVR
$23.5B
| $36.7M | 0.03% |
7,792
-20,441
| -72% | -$96.3M |
|
497
Caesars Entertainment
CZR
$5.48B
| $36.7M | 0.03% |
419,587
-7,549
| -2% | -$660K |
|
498
Insulet
PODD
$24.5B
| $36.6M | 0.03% |
140,448
-5,143
| -4% | -$1.34M |
|
499
Monolithic Power Systems
MPWR
$41.5B
| $36.6M | 0.03% |
103,725
-1,426
| -1% | -$504K |
|
500
IDEX
IEX
$12.4B
| $36.6M | 0.03% |
174,806
-4,442
| -2% | -$930K |
|