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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Ares Management
ARES
$38.7B
| $29.1M | 0.02% |
301,660
-8,941
| -3% | -$861K |
|
477
Interpublic Group of Companies
IPG
$9.89B
| $29M | 0.02% |
751,642
-23,932
| -3% | -$923K |
|
478
Zebra Technologies
ZBRA
$16B
| $28.9M | 0.02% |
97,665
-4,248
| -4% | -$1.26M |
|
479
OGE Energy
OGE
$8.82B
| $28.8M | 0.02% |
802,300
+90,760
| +13% | +$3.26M |
|
480
Everest Group
EG
$14.2B
| $28.7M | 0.02% |
83,916
-774
| -0.9% | -$265K |
|
481
Dolby
DLB
$7.02B
| $28.6M | 0.02% |
341,839
+21,396
| +7% | +$1.79M |
|
482
Expedia Group
EXPE
$26.9B
| $28.6M | 0.02% |
261,485
-15,346
| -6% | -$1.68M |
|
483
Nordson
NDSN
$12.7B
| $28.4M | 0.02% |
114,630
-6,072
| -5% | -$1.51M |
|
484
RLI Corp
RLI
$6.27B
| $28.4M | 0.02% |
416,724
-4,556
| -1% | -$311K |
|
485
Flowers Foods
FLO
$3.15B
| $28.4M | 0.02% |
1,141,097
+133,069
| +13% | +$3.31M |
|
486
Northern Trust
NTRS
$24.3B
| $28.3M | 0.02% |
381,933
-18,956
| -5% | -$1.41M |
|
487
Liberty Media Series C
FWONK
$25.4B
| $27.9M | 0.02% |
383,682
-26,137
| -6% | -$1.9M |
|
488
First Citizens BancShares
FCNCA
$25.1B
| $27.8M | 0.02% |
21,634
-3,123
| -13% | -$4.01M |
|
489
Synchrony
SYF
$28B
| $27.6M | 0.02% |
813,910
-39,202
| -5% | -$1.33M |
|
490
EQT Corp
EQT
$31.4B
| $27.6M | 0.02% |
671,114
-46,052
| -6% | -$1.89M |
|
491
Tyson Foods
TSN
$19.9B
| $27.5M | 0.02% |
539,355
-54,917
| -9% | -$2.8M |
|
492
JB Hunt Transport Services
JBHT
$13.8B
| $27.5M | 0.02% |
151,974
-9,598
| -6% | -$1.74M |
|
493
Cloudflare
NET
$76.2B
| $27.4M | 0.02% |
419,339
-15,639
| -4% | -$1.02M |
|
494
RenaissanceRe
RNR
$11.3B
| $27.4M | 0.02% |
146,653
+14,030
| +11% | +$2.62M |
|
495
SolarEdge
SEDG
$1.78B
| $27.3M | 0.02% |
101,409
-3,194
| -3% | -$859K |
|
496
Revvity
RVTY
$10B
| $27.2M | 0.02% |
228,910
-2,306
| -1% | -$274K |
|
497
Pool Corp
POOL
$12.5B
| $27.1M | 0.02% |
72,467
-24,510
| -25% | -$9.18M |
|
498
Middleby
MIDD
$7.03B
| $27M | 0.02% |
182,772
-5,381
| -3% | -$795K |
|
499
Idacorp
IDA
$6.68B
| $27M | 0.02% |
263,205
+2,780
| +1% | +$285K |
|
500
Deckers Outdoor
DECK
$17.1B
| $26.9M | 0.02% |
306,282
+44,634
| +17% | +$3.93M |
|