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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
NVR
NVR
$23B
| $37.2M | 0.03% |
7,479
-313
| -4% | -$1.56M |
|
502
Entegris
ENTG
$12B
| $37.2M | 0.03% |
302,417
-7,857
| -3% | -$966K |
|
503
Insulet
PODD
$23.8B
| $36.9M | 0.03% |
134,591
-5,857
| -4% | -$1.61M |
|
504
Textron
TXT
$14.4B
| $36.8M | 0.03% |
535,101
-14,898
| -3% | -$1.02M |
|
505
Raymond James Financial
RJF
$33.2B
| $36.8M | 0.03% |
424,836
-1,419
| -0.3% | -$123K |
|
506
10x Genomics
TXG
$1.57B
| $36.5M | 0.03% |
186,387
+48,621
| +35% | +$9.52M |
|
507
ON Semiconductor
ON
$19.7B
| $36.3M | 0.03% |
947,476
+6,879
| +0.7% | +$263K |
|
508
Eastman Chemical
EMN
$7.47B
| $36.2M | 0.03% |
309,730
-8,208
| -3% | -$958K |
|
509
Las Vegas Sands
LVS
$37.4B
| $36M | 0.03% |
682,844
-87,546
| -11% | -$4.61M |
|
|
CTLT
510
DELISTED
CATALENT, INC.
CTLT
| $35.6M | 0.03% |
329,656
-22,896
| -6% | -$2.48M |
|
511
DraftKings
DKNG
$22.7B
| $35.5M | 0.03% |
681,008
-15,769
| -2% | -$823K |
|
|
FTCH
512
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $35.5M | 0.03% |
704,161
+159,743
| +29% | +$8.04M |
|
|
NUAN
513
DELISTED
Nuance Communications, Inc.
NUAN
| $35.2M | 0.03% |
645,714
-29,153
| -4% | -$1.59M |
|
|
ZEN
514
DELISTED
ZENDESK INC
ZEN
| $34.8M | 0.03% |
241,392
-4,080
| -2% | -$589K |
|
515
Lyft
LYFT
$7.87B
| $34.4M | 0.03% |
569,106
+45,892
| +9% | +$2.78M |
|
516
Novavax
NVAX
$1.29B
| $34.4M | 0.03% |
162,026
+14,431
| +10% | +$3.06M |
|
517
Li Auto
LI
$24.3B
| $34.4M | 0.03% |
983,235
+25,886
| +3% | +$904K |
|
518
Arch Capital
ACGL
$33.8B
| $34.2M | 0.03% |
879,140
-42,222
| -5% | -$1.64M |
|
519
Pultegroup
PHM
$26.7B
| $34.2M | 0.03% |
626,275
-44,008
| -7% | -$2.4M |
|
520
Masco
MAS
$15.3B
| $33.9M | 0.03% |
575,663
-19,733
| -3% | -$1.16M |
|
521
Wabtec
WAB
$32.4B
| $33.9M | 0.03% |
411,757
-12,715
| -3% | -$1.05M |
|
522
Lumen
LUMN
$6.3B
| $33.9M | 0.03% |
2,492,237
-60,168
| -2% | -$818K |
|
523
PTC
PTC
$24.5B
| $33.4M | 0.03% |
236,516
-7,391
| -3% | -$1.04M |
|
524
Molina Healthcare
MOH
$9.71B
| $33.3M | 0.03% |
131,468
-6,171
| -4% | -$1.56M |
|
525
LKQ Corp
LKQ
$8.26B
| $33.2M | 0.02% |
675,322
-68,306
| -9% | -$3.36M |
|