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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Pinterest
PINS
$24B
| $29.4M | 0.03% |
1,087,833
+6,702
| +0.6% | +$181K |
|
477
Enphase Energy
ENPH
$4.85B
| $29.2M | 0.03% |
243,220
+461
| +0.2% | +$55.4K |
|
478
Huntington Bancshares
HBAN
$25.8B
| $29.1M | 0.03% |
2,794,810
+62,674
| +2% | +$652K |
|
479
RLI Corp
RLI
$6.08B
| $29M | 0.02% |
426,122
+9,398
| +2% | +$639K |
|
480
JB Hunt Transport Services
JBHT
$13.3B
| $28.9M | 0.02% |
153,367
+1,393
| +0.9% | +$263K |
|
481
Dolby
DLB
$6.8B
| $28.5M | 0.02% |
359,590
+17,751
| +5% | +$1.41M |
|
482
Snap-on
SNA
$16.9B
| $28.3M | 0.02% |
110,945
-609
| -0.5% | -$155K |
|
483
Agree Realty
ADC
$7.96B
| $28.2M | 0.02% |
509,845
+37,520
| +8% | +$2.07M |
|
484
BWX Technologies
BWXT
$15.2B
| $28.1M | 0.02% |
374,235
+38,110
| +11% | +$2.86M |
|
485
EQT Corp
EQT
$31.9B
| $28M | 0.02% |
690,037
+18,923
| +3% | +$768K |
|
486
Mid-America Apartment Communities
MAA
$16.6B
| $27.9M | 0.02% |
216,679
-546
| -0.3% | -$70.2K |
|
487
Packaging Corp of America
PKG
$19.2B
| $27.9M | 0.02% |
181,480
+3,103
| +2% | +$476K |
|
488
Avery Dennison
AVY
$12.8B
| $27.8M | 0.02% |
152,237
-1,901
| -1% | -$347K |
|
489
Deckers Outdoor
DECK
$16.9B
| $27.7M | 0.02% |
322,932
+16,650
| +5% | +$1.43M |
|
490
Coupang
CPNG
$58.6B
| $27.6M | 0.02% |
1,622,879
-329,335
| -17% | -$5.6M |
|
491
Tyson Foods
TSN
$19.7B
| $27.3M | 0.02% |
541,185
+1,830
| +0.3% | +$92.4K |
|
492
United Airlines
UAL
$34.8B
| $27.3M | 0.02% |
644,730
+17,980
| +3% | +$761K |
|
493
Northern Trust
NTRS
$24.2B
| $27.2M | 0.02% |
391,087
+9,154
| +2% | +$636K |
|
494
Sun Communities
SUI
$16.1B
| $27.2M | 0.02% |
229,573
-1,678
| -0.7% | -$199K |
|
495
Alkermes
ALKS
$4.45B
| $27.1M | 0.02% |
967,804
+116,474
| +14% | +$3.26M |
|
496
Expedia Group
EXPE
$26.7B
| $27M | 0.02% |
262,357
+872
| +0.3% | +$89.9K |
|
497
Best Buy
BBY
$16.1B
| $26.8M | 0.02% |
385,461
+8,183
| +2% | +$568K |
|
498
Western Digital
WDC
$33B
| $26.7M | 0.02% |
774,036
+20,118
| +3% | +$694K |
|
499
Owens Corning
OC
$12.8B
| $26.6M | 0.02% |
194,842
+8,686
| +5% | +$1.18M |
|
500
Axon Enterprise
AXON
$58.7B
| $26.5M | 0.02% |
132,990
+2,209
| +2% | +$440K |
|