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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPLK
476
DELISTED
Splunk Inc
SPLK
| $29.3M | 0.03% |
305,870
-45,895
| -13% | -$4.4M |
|
477
Western Union
WU
$2.73B
| $29.1M | 0.03% |
2,611,819
-175,933
| -6% | -$1.96M |
|
478
Royal Gold
RGLD
$12.2B
| $29M | 0.03% |
223,228
-11,756
| -5% | -$1.52M |
|
479
Interpublic Group of Companies
IPG
$9.46B
| $28.9M | 0.03% |
775,574
-97,970
| -11% | -$3.65M |
|
480
Cirrus Logic
CRUS
$5.68B
| $28.8M | 0.03% |
263,215
+1,796
| +0.7% | +$196K |
|
481
United Airlines
UAL
$34.8B
| $28.7M | 0.03% |
648,196
-81,186
| -11% | -$3.59M |
|
482
Murphy USA
MUSA
$7.35B
| $28.6M | 0.03% |
110,750
+32,721
| +42% | +$8.44M |
|
483
Snap-on
SNA
$16.9B
| $28.6M | 0.03% |
115,724
-13,302
| -10% | -$3.28M |
|
484
JB Hunt Transport Services
JBHT
$13.3B
| $28.3M | 0.03% |
161,572
-28,090
| -15% | -$4.93M |
|
|
AJRD
485
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $28.3M | 0.03% |
503,224
+88,069
| +21% | +$4.95M |
|
486
Idacorp
IDA
$6.75B
| $28.2M | 0.03% |
260,425
+91,004
| +54% | +$9.86M |
|
487
RLI Corp
RLI
$6.09B
| $28M | 0.02% |
421,280
+26,032
| +7% | +$1.73M |
|
488
Toro Company
TTC
$7.67B
| $27.9M | 0.02% |
251,434
-10,386
| -4% | -$1.15M |
|
489
Flowers Foods
FLO
$3.05B
| $27.6M | 0.02% |
1,008,028
-20,881
| -2% | -$572K |
|
490
Middleby
MIDD
$7B
| $27.6M | 0.02% |
188,153
-18,556
| -9% | -$2.72M |
|
491
Hubbell
HUBB
$23.7B
| $27.5M | 0.02% |
112,879
-11,473
| -9% | -$2.79M |
|
492
Dolby
DLB
$6.85B
| $27.4M | 0.02% |
320,443
+16,104
| +5% | +$1.38M |
|
493
Concentrix
CNXC
$3.3B
| $27.3M | 0.02% |
224,904
+30,578
| +16% | +$3.72M |
|
494
NetApp
NTAP
$24.7B
| $27.1M | 0.02% |
425,002
-75,457
| -15% | -$4.82M |
|
495
Royal Caribbean
RCL
$91.7B
| $27M | 0.02% |
413,092
-68,920
| -14% | -$4.5M |
|
496
Bunge Global
BG
$15.8B
| $26.9M | 0.02% |
281,570
-58,482
| -17% | -$5.59M |
|
497
Expedia Group
EXPE
$26.4B
| $26.9M | 0.02% |
276,831
-54,901
| -17% | -$5.33M |
|
498
Nordson
NDSN
$12.5B
| $26.8M | 0.02% |
120,702
-12,614
| -9% | -$2.8M |
|
499
Cloudflare
NET
$77.6B
| $26.8M | 0.02% |
434,978
-87,849
| -17% | -$5.42M |
|
500
OGE Energy
OGE
$8.81B
| $26.8M | 0.02% |
711,540
-48,832
| -6% | -$1.84M |
|