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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Gartner
IT
$17.6B
| $26.7M | 0.03% |
168,448
-22,788
| -12% | -$3.61M |
|
502
BioMarin Pharmaceuticals
BMRN
$10.5B
| $26.7M | 0.03% |
274,857
-24,212
| -8% | -$2.35M |
|
503
IDEX
IEX
$12.1B
| $26.6M | 0.03% |
176,365
-7,435
| -4% | -$1.12M |
|
504
Diamondback Energy
FANG
$40.4B
| $26.5M | 0.03% |
196,368
+5,210
| +3% | +$704K |
|
505
CoStar Group
CSGP
$36.6B
| $26.5M | 0.03% |
630,570
-3,510
| -0.6% | -$148K |
|
506
Rollins
ROL
$27.3B
| $26.5M | 0.03% |
982,001
+192,411
| +24% | +$5.19M |
|
507
CarMax
KMX
$8.88B
| $26.4M | 0.03% |
353,773
-77,991
| -18% | -$5.82M |
|
508
Energy Transfer Partners
ET
$59.8B
| $26.2M | 0.03% |
1,504,964
+13,446
| +0.9% | +$234K |
|
509
Xylem
XYL
$33.5B
| $26.2M | 0.03% |
328,285
-38,984
| -11% | -$3.11M |
|
510
Raymond James Financial
RJF
$33.2B
| $26.1M | 0.03% |
425,325
-5,261
| -1% | -$323K |
|
511
Invesco
IVZ
$9.88B
| $26.1M | 0.03% |
1,140,502
+31,320
| +3% | +$717K |
|
512
Ralph Lauren
RL
$18.9B
| $26M | 0.03% |
188,983
-8,639
| -4% | -$1.19M |
|
513
NRG Energy
NRG
$31.2B
| $25.9M | 0.03% |
693,379
+45,390
| +7% | +$1.7M |
|
514
Keysight
KEYS
$29.3B
| $25.9M | 0.03% |
390,843
-13,231
| -3% | -$877K |
|
515
Copart
CPRT
$46.9B
| $25.8M | 0.03% |
2,005,348
+33,352
| +2% | +$430K |
|
|
JWN
516
DELISTED
Nordstrom
JWN
| $25.8M | 0.03% |
431,253
-82,152
| -16% | -$4.91M |
|
517
JB Hunt Transport Services
JBHT
$13.3B
| $25.6M | 0.03% |
214,852
-2,482
| -1% | -$295K |
|
518
Helmerich & Payne
HP
$2.07B
| $25.5M | 0.03% |
370,430
+48,180
| +15% | +$3.31M |
|
519
NNN REIT
NNN
$8.06B
| $25.4M | 0.03% |
566,969
+94,370
| +20% | +$4.23M |
|
520
AerCap
AER
$21.7B
| $25.3M | 0.03% |
440,351
+10,363
| +2% | +$596K |
|
|
GAP
521
The Gap, Inc.
GAP
$8.93B
| $25.3M | 0.03% |
875,645
+27,578
| +3% | +$796K |
|
522
Avnet
AVT
$4.5B
| $25.2M | 0.03% |
563,515
+149,512
| +36% | +$6.69M |
|
|
VER
523
DELISTED
VEREIT, Inc.
VER
| $25.2M | 0.03% |
693,297
+281,450
| +68% | +$10.2M |
|
524
Packaging Corp of America
PKG
$19.2B
| $25.2M | 0.03% |
229,334
-11,113
| -5% | -$1.22M |
|
525
TransUnion
TRU
$17.5B
| $24.9M | 0.03% |
338,593
-4,742
| -1% | -$349K |
|