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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Healthcare Realty
HR
$6.44B
| $30.5M | 0.02% |
2,157,926
+57,537
| +3% | +$814K |
|
502
International Flavors & Fragrances
IFF
$16.5B
| $30.4M | 0.02% |
353,858
-12,849
| -4% | -$1.1M |
|
503
Lennox International
LII
$19.6B
| $30.4M | 0.02% |
62,173
+455
| +0.7% | +$222K |
|
504
TD Synnex
SNX
$12.5B
| $30.3M | 0.02% |
268,188
+8,784
| +3% | +$993K |
|
505
Zscaler
ZS
$43.4B
| $30.3M | 0.02% |
157,107
-3,902
| -2% | -$752K |
|
506
Celanese
CE
$4.84B
| $30.3M | 0.02% |
176,091
-1,470
| -0.8% | -$253K |
|
507
Citizens Financial Group
CFG
$22.3B
| $30.2M | 0.02% |
831,042
-37,412
| -4% | -$1.36M |
|
508
Tyson Foods
TSN
$19.7B
| $30.1M | 0.02% |
512,066
-10,822
| -2% | -$636K |
|
|
MRO
509
DELISTED
Marathon Oil Corporation
MRO
| $30M | 0.02% |
1,059,758
-62,532
| -6% | -$1.77M |
|
510
Illumina
ILMN
$14.7B
| $30M | 0.02% |
224,407
-7,071
| -3% | -$945K |
|
511
Best Buy
BBY
$16.1B
| $30M | 0.02% |
365,279
-14,975
| -4% | -$1.23M |
|
512
Snap-on
SNA
$16.9B
| $29.8M | 0.02% |
100,569
-7,046
| -7% | -$2.09M |
|
513
Middleby
MIDD
$6.99B
| $29.8M | 0.02% |
185,123
+1,120
| +0.6% | +$180K |
|
514
Waters Corp
WAT
$17.4B
| $29.5M | 0.02% |
85,823
-1,774
| -2% | -$611K |
|
515
Live Nation Entertainment
LYV
$39.6B
| $29.3M | 0.02% |
277,150
-11,342
| -4% | -$1.2M |
|
516
H&R Block
HRB
$6.73B
| $29.2M | 0.02% |
594,730
+43,574
| +8% | +$2.14M |
|
517
CF Industries
CF
$14.1B
| $29.2M | 0.02% |
350,751
-17,376
| -5% | -$1.45M |
|
518
Zoom
ZM
$25.1B
| $29.2M | 0.02% |
446,155
-2,285
| -0.5% | -$149K |
|
519
Dolby
DLB
$6.8B
| $29.2M | 0.02% |
348,147
-8,869
| -2% | -$743K |
|
520
Carnival Corp
CCL
$42.5B
| $29.1M | 0.02% |
1,782,298
-33,151
| -2% | -$542K |
|
521
Acadia Healthcare
ACHC
$1.94B
| $29.1M | 0.02% |
367,216
+7,409
| +2% | +$587K |
|
522
Saia
SAIA
$8.19B
| $28.9M | 0.02% |
49,409
-793
| -2% | -$464K |
|
523
JB Hunt Transport Services
JBHT
$13.3B
| $28.8M | 0.02% |
144,662
-4,502
| -3% | -$897K |
|
524
Nordson
NDSN
$12.6B
| $28.8M | 0.02% |
104,934
-4,581
| -4% | -$1.26M |
|
525
NRG Energy
NRG
$31.2B
| $28.6M | 0.02% |
422,335
-16,195
| -4% | -$1.1M |
|