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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Coupang
CPNG
$59.2B
| $32.5M | 0.02% |
1,550,401
+54,010
| +4% | +$1.13M |
|
477
Principal Financial Group
PFG
$18.2B
| $32.4M | 0.02% |
413,609
-19,075
| -4% | -$1.5M |
|
478
Curtiss-Wright
CW
$19.2B
| $32.4M | 0.02% |
119,697
-2,743
| -2% | -$743K |
|
479
First Solar
FSLR
$22.2B
| $32.3M | 0.02% |
143,393
-3,001
| -2% | -$677K |
|
480
BWX Technologies
BWXT
$15.7B
| $32.3M | 0.02% |
340,093
-48,391
| -12% | -$4.6M |
|
481
Owens Corning
OC
$13.1B
| $32.2M | 0.02% |
185,479
+1,529
| +0.8% | +$266K |
|
482
NRG Energy
NRG
$31B
| $32.2M | 0.02% |
413,625
-8,710
| -2% | -$678K |
|
483
Align Technology
ALGN
$9.82B
| $32.1M | 0.02% |
133,123
-2,836
| -2% | -$685K |
|
484
Jazz Pharmaceuticals
JAZZ
$7.77B
| $31.9M | 0.02% |
298,677
-11,448
| -4% | -$1.22M |
|
485
Pure Storage
PSTG
$26.9B
| $31.8M | 0.02% |
494,991
-12,369
| -2% | -$794K |
|
486
Teledyne Technologies
TDY
$26.2B
| $31.8M | 0.02% |
81,895
-1,958
| -2% | -$760K |
|
487
Best Buy
BBY
$16.5B
| $31.7M | 0.02% |
375,679
+10,400
| +3% | +$877K |
|
488
H&R Block
HRB
$6.89B
| $31.6M | 0.02% |
582,643
-12,087
| -2% | -$655K |
|
489
Saic
SAIC
$4.8B
| $31.5M | 0.02% |
267,692
-41,125
| -13% | -$4.83M |
|
490
Builders FirstSource
BLDR
$16.4B
| $31.3M | 0.02% |
225,974
-6,004
| -3% | -$831K |
|
491
Textron
TXT
$14.7B
| $31M | 0.02% |
360,681
-3,179
| -0.9% | -$273K |
|
492
Dollar Tree
DLTR
$20.3B
| $30.9M | 0.02% |
289,382
-67,600
| -19% | -$7.22M |
|
493
Expedia Group
EXPE
$27B
| $30.9M | 0.02% |
245,205
-4,000
| -2% | -$504K |
|
494
Packaging Corp of America
PKG
$19.5B
| $30.9M | 0.02% |
168,995
+1,474
| +0.9% | +$269K |
|
495
Waters Corp
WAT
$17.8B
| $30.6M | 0.02% |
105,579
+19,756
| +23% | +$5.73M |
|
496
Northern Trust
NTRS
$24.5B
| $30.6M | 0.02% |
364,435
-1,505
| -0.4% | -$126K |
|
497
Healthcare Realty
HR
$6.41B
| $30.3M | 0.02% |
1,838,108
-319,818
| -15% | -$5.27M |
|
498
Mid-America Apartment Communities
MAA
$16.7B
| $30.1M | 0.02% |
211,245
-2,970
| -1% | -$424K |
|
499
Masco
MAS
$15.7B
| $30M | 0.02% |
450,176
+34,611
| +8% | +$2.31M |
|
500
Illumina
ILMN
$15.1B
| $29.9M | 0.02% |
286,220
+61,813
| +28% | +$6.45M |
|