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 |
Vanguard S&P 500 ETF
VOO
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Invitation Homes
INVH
$18.4B
| $32.6M | 0.02% |
936,023
-36,555
| -4% | -$1.27M |
|
477
Vertiv
VRT
$52.2B
| $32.5M | 0.02% |
449,940
-138,220
| -24% | -$9.98M |
|
478
International Flavors & Fragrances
IFF
$16.5B
| $32.2M | 0.02% |
414,975
-18,096
| -4% | -$1.4M |
|
479
Carnival Corp
CCL
$42.5B
| $32.2M | 0.02% |
1,647,969
-12,672
| -0.8% | -$247K |
|
480
Nutanix
NTNX
$20.7B
| $32.2M | 0.02% |
460,937
-24,882
| -5% | -$1.74M |
|
481
Interactive Brokers
IBKR
$27.8B
| $31.9M | 0.02% |
771,456
-3,668
| -0.5% | -$152K |
|
482
The Ensign Group
ENSG
$9.59B
| $31.8M | 0.02% |
245,434
-11,551
| -4% | -$1.49M |
|
483
Liberty Media Series C
FWONK
$24.7B
| $31.5M | 0.02% |
350,376
+5,254
| +2% | +$473K |
|
484
RLI Corp
RLI
$6.08B
| $31.5M | 0.02% |
392,330
-13,062
| -3% | -$1.05M |
|
485
Southwest Airlines
LUV
$16.3B
| $31.4M | 0.02% |
935,831
+200,141
| +27% | +$6.72M |
|
486
Fidelity National Financial
FNF
$16.2B
| $31.4M | 0.02% |
482,625
-10,432
| -2% | -$679K |
|
487
HealthEquity
HQY
$7.88B
| $31.4M | 0.02% |
355,024
-10,754
| -3% | -$950K |
|
488
Primerica
PRI
$8.74B
| $31.2M | 0.02% |
109,812
-1,908
| -2% | -$543K |
|
489
Snap-on
SNA
$16.9B
| $31.2M | 0.02% |
92,625
+1,129
| +1% | +$380K |
|
490
DexCom
DXCM
$29.8B
| $31.1M | 0.02% |
455,700
-153,824
| -25% | -$10.5M |
|
491
Knight Transportation
KNX
$6.76B
| $31.1M | 0.02% |
714,987
+17,074
| +2% | +$743K |
|
492
Insulet
PODD
$23.8B
| $31.1M | 0.02% |
118,274
+6,414
| +6% | +$1.68M |
|
493
Principal Financial Group
PFG
$17.8B
| $31M | 0.02% |
367,039
-4,054
| -1% | -$342K |
|
494
Bunge Global
BG
$16.5B
| $30.8M | 0.02% |
402,594
+147,182
| +58% | +$11.2M |
|
495
DaVita
DVA
$9.46B
| $30.5M | 0.02% |
199,391
+2,603
| +1% | +$398K |
|
496
Molina Healthcare
MOH
$9.71B
| $30.5M | 0.02% |
92,592
-1,126
| -1% | -$371K |
|
497
Packaging Corp of America
PKG
$19.2B
| $30.4M | 0.02% |
153,568
-2,877
| -2% | -$570K |
|
498
Dell
DELL
$84.2B
| $30.4M | 0.02% |
333,596
-110,952
| -25% | -$10.1M |
|
499
BWX Technologies
BWXT
$15.2B
| $30.2M | 0.02% |
305,744
-22,847
| -7% | -$2.25M |
|
500
NetApp
NTAP
$24.7B
| $30.1M | 0.02% |
342,168
-608,291
| -64% | -$53.4M |
|