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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Jabil
JBL
$23.2B
| $33.8M | 0.02% |
252,231
-532,438
| -68% | -$71.3M |
|
477
Emcor
EME
$28.4B
| $33.8M | 0.02% |
96,465
-5,799
| -6% | -$2.03M |
|
478
Veralto
VLTO
$26.3B
| $33.8M | 0.02% |
380,683
-8,979
| -2% | -$796K |
|
479
Camden Property Trust
CPT
$11.6B
| $33.4M | 0.02% |
339,876
+5,328
| +2% | +$524K |
|
480
Qualys
QLYS
$4.75B
| $33.4M | 0.02% |
200,401
+7,345
| +4% | +$1.23M |
|
481
Warner Bros
WBD
$31B
| $33.3M | 0.02% |
3,819,696
-66,349
| -2% | -$579K |
|
482
Las Vegas Sands
LVS
$37.4B
| $33.2M | 0.02% |
642,035
+120
| +0% | +$6.2K |
|
483
Avery Dennison
AVY
$12.8B
| $33.1M | 0.02% |
148,458
-538
| -0.4% | -$120K |
|
484
Masco
MAS
$15.3B
| $32.8M | 0.02% |
415,565
-4,233
| -1% | -$334K |
|
485
Skyworks Solutions
SWKS
$10.9B
| $32.6M | 0.02% |
300,510
-8,518
| -3% | -$923K |
|
486
Northern Trust
NTRS
$24.2B
| $32.5M | 0.02% |
365,940
-13,973
| -4% | -$1.24M |
|
487
Alnylam Pharmaceuticals
ALNY
$61.5B
| $32M | 0.02% |
214,330
+35,000
| +20% | +$5.23M |
|
488
Packaging Corp of America
PKG
$19.2B
| $31.8M | 0.02% |
167,521
-4,898
| -3% | -$930K |
|
489
Ventas
VTR
$31.5B
| $31.7M | 0.02% |
728,271
-20,820
| -3% | -$907K |
|
490
Axon Enterprise
AXON
$58.7B
| $31.7M | 0.02% |
101,195
-3,443
| -3% | -$1.08M |
|
491
RLI Corp
RLI
$6.08B
| $31.6M | 0.02% |
425,790
+1,670
| +0.4% | +$124K |
|
492
Post Holdings
POST
$5.69B
| $31.5M | 0.02% |
295,964
+8,790
| +3% | +$934K |
|
493
Synchrony
SYF
$27.8B
| $31.4M | 0.02% |
727,960
-22,358
| -3% | -$964K |
|
494
Curtiss-Wright
CW
$18.7B
| $31.3M | 0.02% |
122,440
-216
| -0.2% | -$55.3K |
|
495
AerCap
AER
$21.7B
| $31.3M | 0.02% |
360,442
+1,753
| +0.5% | +$152K |
|
496
Avantor
AVTR
$8.6B
| $31.1M | 0.02% |
1,217,883
+192,663
| +19% | +$4.93M |
|
497
Agree Realty
ADC
$7.96B
| $30.9M | 0.02% |
541,765
+15,084
| +3% | +$862K |
|
498
Southwest Airlines
LUV
$16.3B
| $30.8M | 0.02% |
1,055,596
-25,560
| -2% | -$746K |
|
499
Teradyne
TER
$18.7B
| $30.8M | 0.02% |
272,721
-10,676
| -4% | -$1.2M |
|
500
Owens Corning
OC
$12.8B
| $30.7M | 0.02% |
183,950
-3,196
| -2% | -$533K |
|