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
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Illumina
ILMN
$15.1B
| $31.4M | 0.02% |
231,478
-10,045
| -4% | -$1.36M |
|
477
The Ensign Group
ENSG
$9.78B
| $31.3M | 0.02% |
278,902
+4,021
| +1% | +$451K |
|
478
Southwest Airlines
LUV
$16.3B
| $31.2M | 0.02% |
1,081,156
-65,793
| -6% | -$1.9M |
|
479
Western Union
WU
$2.79B
| $31.2M | 0.02% |
2,613,283
-20,423
| -0.8% | -$243K |
|
480
Enphase Energy
ENPH
$4.96B
| $31.1M | 0.02% |
235,485
-7,735
| -3% | -$1.02M |
|
481
Snap-on
SNA
$16.8B
| $31.1M | 0.02% |
107,615
-3,330
| -3% | -$962K |
|
482
Roblox
RBLX
$91.4B
| $31M | 0.02% |
679,052
+883
| +0.1% | +$40.4K |
|
483
Entegris
ENTG
$12.3B
| $30.8M | 0.02% |
257,147
+38,557
| +18% | +$4.62M |
|
484
Dolby
DLB
$6.93B
| $30.8M | 0.02% |
357,016
-2,574
| -0.7% | -$222K |
|
485
Teradyne
TER
$18.3B
| $30.8M | 0.02% |
283,397
-10,817
| -4% | -$1.17M |
|
486
Jacobs Solutions
J
$17.2B
| $30.4M | 0.02% |
283,449
-12,768
| -4% | -$1.37M |
|
487
Vertiv
VRT
$48B
| $30.4M | 0.02% |
631,958
-20,949
| -3% | -$1.01M |
|
488
First Citizens BancShares
FCNCA
$25.1B
| $30.2M | 0.02% |
21,259
-259
| -1% | -$368K |
|
489
Avery Dennison
AVY
$13B
| $30.1M | 0.02% |
148,996
-3,241
| -2% | -$655K |
|
490
Royal Gold
RGLD
$12.2B
| $29.9M | 0.02% |
247,112
+7,334
| +3% | +$887K |
|
491
JB Hunt Transport Services
JBHT
$13.6B
| $29.8M | 0.02% |
149,164
-4,203
| -3% | -$840K |
|
492
Best Buy
BBY
$16.2B
| $29.8M | 0.02% |
380,254
-5,207
| -1% | -$408K |
|
493
Sun Communities
SUI
$16.3B
| $29.7M | 0.02% |
222,524
-7,049
| -3% | -$942K |
|
494
Textron
TXT
$14.4B
| $29.7M | 0.02% |
369,622
-18,924
| -5% | -$1.52M |
|
495
BWX Technologies
BWXT
$14.8B
| $29.7M | 0.02% |
387,038
+12,803
| +3% | +$982K |
|
496
International Flavors & Fragrances
IFF
$16.7B
| $29.7M | 0.02% |
366,707
-13,199
| -3% | -$1.07M |
|
497
Carlisle Companies
CSL
$16.3B
| $29.6M | 0.02% |
94,774
-5,381
| -5% | -$1.68M |
|
498
EPAM Systems
EPAM
$9.19B
| $29.4M | 0.02% |
98,854
-3,117
| -3% | -$927K |
|
499
CF Industries
CF
$13.7B
| $29.3M | 0.02% |
368,127
-14,869
| -4% | -$1.18M |
|
500
Nordson
NDSN
$12.5B
| $28.9M | 0.02% |
109,515
-4,190
| -4% | -$1.11M |
|