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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
First Solar
FSLR
$22B
| $28.7M | 0.03% |
217,233
+39,425
| +22% | +$5.21M |
|
477
Las Vegas Sands
LVS
$36.9B
| $28.6M | 0.03% |
762,620
+140,550
| +23% | +$5.27M |
|
478
Etsy
ETSY
$5.36B
| $28.5M | 0.03% |
284,562
+40,378
| +17% | +$4.04M |
|
479
CACI
CACI
$10.4B
| $28.4M | 0.03% |
108,708
+14,764
| +16% | +$3.85M |
|
480
First Horizon
FHN
$11.3B
| $28.3M | 0.03% |
1,237,132
+264,285
| +27% | +$6.05M |
|
481
Manhattan Associates
MANH
$13B
| $28.3M | 0.03% |
212,821
+9,685
| +5% | +$1.29M |
|
482
NVR
NVR
$23.5B
| $28.1M | 0.03% |
7,056
+179
| +3% | +$714K |
|
483
Ovintiv
OVV
$10.6B
| $28.1M | 0.03% |
609,873
+86,289
| +16% | +$3.97M |
|
484
Nordson
NDSN
$12.6B
| $27.9M | 0.03% |
131,521
+13,299
| +11% | +$2.82M |
|
485
Entegris
ENTG
$12.4B
| $27.8M | 0.03% |
334,582
+68,775
| +26% | +$5.71M |
|
486
HubSpot
HUBS
$25.7B
| $27.8M | 0.03% |
102,752
+14,354
| +16% | +$3.88M |
|
487
Hubbell
HUBB
$23.2B
| $27.7M | 0.03% |
124,412
+16,784
| +16% | +$3.74M |
|
488
Avantor
AVTR
$9.07B
| $27.7M | 0.03% |
1,413,620
+304,037
| +27% | +$5.96M |
|
489
Boston Properties
BXP
$12.2B
| $27.7M | 0.03% |
369,081
+45,602
| +14% | +$3.42M |
|
490
Teradyne
TER
$19.1B
| $27.6M | 0.03% |
367,750
+51,040
| +16% | +$3.84M |
|
491
Healthpeak Properties
DOC
$12.8B
| $27.5M | 0.03% |
1,200,920
+184,027
| +18% | +$4.22M |
|
492
Advance Auto Parts
AAP
$3.63B
| $27.3M | 0.03% |
174,829
+6,278
| +4% | +$982K |
|
|
SPLK
493
DELISTED
Splunk Inc
SPLK
| $27.2M | 0.03% |
361,308
+55,080
| +18% | +$4.14M |
|
494
Howmet Aerospace
HWM
$71.8B
| $27.1M | 0.03% |
877,454
+163,440
| +23% | +$5.06M |
|
495
Spotify
SPOT
$146B
| $27M | 0.02% |
313,079
+72,275
| +30% | +$6.24M |
|
496
Arrow Electronics
ARW
$6.57B
| $26.9M | 0.02% |
291,844
+22,206
| +8% | +$2.05M |
|
497
International Paper
IP
$25.7B
| $26.9M | 0.02% |
848,743
+159,380
| +23% | +$5.05M |
|
498
APA Corp
APA
$8.14B
| $26.9M | 0.02% |
786,157
+87,238
| +12% | +$2.98M |
|
499
Bunge Global
BG
$16.9B
| $26.9M | 0.02% |
325,338
+53,713
| +20% | +$4.44M |
|
500
Li Auto
LI
$24B
| $26.7M | 0.02% |
1,160,542
+201,837
| +21% | +$4.64M |
|