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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Waters Corp
WAT
$17.9B
| $28.8M | 0.02% |
87,597
-24,223
| -22% | -$7.97M |
|
502
Citizens Financial Group
CFG
$22.3B
| $28.8M | 0.02% |
868,454
-63,082
| -7% | -$2.09M |
|
503
Mid-America Apartment Communities
MAA
$17B
| $28.7M | 0.02% |
213,124
-3,555
| -2% | -$478K |
|
504
Synchrony
SYF
$28.3B
| $28.7M | 0.02% |
750,318
-61,869
| -8% | -$2.36M |
|
505
Pool Corp
POOL
$12B
| $28.5M | 0.02% |
71,423
-2,158
| -3% | -$860K |
|
506
RLI Corp
RLI
$6.16B
| $28.2M | 0.02% |
424,120
-2,002
| -0.5% | -$133K |
|
507
Masco
MAS
$15.4B
| $28.1M | 0.02% |
419,798
-9,006
| -2% | -$603K |
|
508
Tyson Foods
TSN
$19.9B
| $28.1M | 0.02% |
522,888
-18,297
| -3% | -$983K |
|
509
Packaging Corp of America
PKG
$19.3B
| $28.1M | 0.02% |
172,419
-9,061
| -5% | -$1.48M |
|
510
Acadia Healthcare
ACHC
$2.15B
| $28M | 0.02% |
359,807
-8,575
| -2% | -$667K |
|
511
TD Synnex
SNX
$12.3B
| $27.9M | 0.02% |
259,404
+47,276
| +22% | +$5.09M |
|
512
Molson Coors Class B
TAP
$9.78B
| $27.9M | 0.02% |
455,577
+94,125
| +26% | +$5.76M |
|
513
Bunge Global
BG
$16.8B
| $27.8M | 0.02% |
275,634
+34,566
| +14% | +$3.49M |
|
514
Vistra
VST
$65.7B
| $27.8M | 0.02% |
722,078
+26,221
| +4% | +$1.01M |
|
515
Owens Corning
OC
$12.5B
| $27.7M | 0.02% |
187,146
-7,696
| -4% | -$1.14M |
|
516
Lennox International
LII
$19.6B
| $27.6M | 0.02% |
61,718
-415
| -0.7% | -$186K |
|
517
Celanese
CE
$4.89B
| $27.6M | 0.02% |
177,561
-6,553
| -4% | -$1.02M |
|
518
Stanley Black & Decker
SWK
$11.9B
| $27.6M | 0.02% |
281,137
+38,535
| +16% | +$3.78M |
|
519
Sprouts Farmers Market
SFM
$13.3B
| $27.5M | 0.02% |
571,879
+92,353
| +19% | +$4.44M |
|
520
Curtiss-Wright
CW
$18.2B
| $27.3M | 0.02% |
122,656
+30,229
| +33% | +$6.73M |
|
521
Watsco
WSO
$16.3B
| $27.2M | 0.02% |
63,380
-1,997
| -3% | -$856K |
|
|
MRO
522
DELISTED
Marathon Oil Corporation
MRO
| $27.1M | 0.02% |
1,122,290
-56,806
| -5% | -$1.37M |
|
523
Middleby
MIDD
$7.03B
| $27.1M | 0.02% |
184,003
-5,022
| -3% | -$739K |
|
524
Axon Enterprise
AXON
$57.5B
| $27M | 0.02% |
104,638
-28,352
| -21% | -$7.32M |
|
525
DraftKings
DKNG
$22.8B
| $27M | 0.02% |
766,528
-25,384
| -3% | -$895K |
|