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
|
$292M |
| 2 |
NVIDIA
NVDA
|
$284M |
| 3 |
Applied Materials
AMAT
|
$233M |
| 4 |
NXP Semiconductors
NXPI
|
$190M |
| 5 |
Microchip Technology
MCHP
|
$184M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Unum
UNM
$12.6B
| $33M | 0.02% |
554,405
+30,534
| +6% | +$1.81M |
|
502
Toll Brothers
TOL
$14.2B
| $32.7M | 0.02% |
211,724
-3,210
| -1% | -$496K |
|
503
Las Vegas Sands
LVS
$36.9B
| $32.6M | 0.02% |
648,495
+10,756
| +2% | +$541K |
|
504
Jazz Pharmaceuticals
JAZZ
$7.86B
| $32.6M | 0.02% |
292,408
-6,269
| -2% | -$698K |
|
505
Northern Trust
NTRS
$24.3B
| $32.3M | 0.02% |
359,241
-5,194
| -1% | -$468K |
|
506
FTI Consulting
FCN
$5.46B
| $32.3M | 0.02% |
142,005
+83,322
| +142% | +$19M |
|
507
Citizens Financial Group
CFG
$22.3B
| $32.2M | 0.02% |
783,406
+11,069
| +1% | +$455K |
|
508
Fidelity National Financial
FNF
$16.5B
| $32.1M | 0.02% |
517,415
-5,176
| -1% | -$321K |
|
509
Carnival Corp
CCL
$42.8B
| $32.1M | 0.02% |
1,737,536
-15,956
| -0.9% | -$295K |
|
510
Dollar General
DG
$24.1B
| $31.8M | 0.02% |
376,205
+82,776
| +28% | +$7M |
|
511
Skyworks Solutions
SWKS
$11.2B
| $31.7M | 0.02% |
321,139
-393,476
| -55% | -$38.9M |
|
512
Avery Dennison
AVY
$13.1B
| $31.7M | 0.02% |
143,397
-6,564
| -4% | -$1.45M |
|
513
International Paper
IP
$25.7B
| $31.7M | 0.02% |
647,906
+3,563
| +0.6% | +$174K |
|
514
Live Nation Entertainment
LYV
$37.9B
| $31.6M | 0.02% |
288,554
+7,413
| +3% | +$812K |
|
515
RLI Corp
RLI
$6.16B
| $31.4M | 0.02% |
405,088
-8,024
| -2% | -$622K |
|
516
Coca-Cola Europacific Partners
CCEP
$40.4B
| $31.4M | 0.02% |
398,245
+15,665
| +4% | +$1.23M |
|
517
Camden Property Trust
CPT
$11.9B
| $31.4M | 0.02% |
253,804
-14,901
| -6% | -$1.84M |
|
518
Avantor
AVTR
$9.07B
| $31.2M | 0.02% |
1,207,741
+28,400
| +2% | +$735K |
|
519
Sun Communities
SUI
$16.2B
| $31M | 0.02% |
229,193
+2,424
| +1% | +$328K |
|
520
Tenet Healthcare
THC
$17.3B
| $30.8M | 0.02% |
185,325
+2,837
| +2% | +$472K |
|
521
Ryan Specialty Holdings
RYAN
$6.96B
| $30.7M | 0.02% |
463,028
+12,573
| +3% | +$835K |
|
522
Zebra Technologies
ZBRA
$16B
| $30.5M | 0.02% |
82,486
+13,707
| +20% | +$5.08M |
|
523
Healthcare Realty
HR
$6.35B
| $30.5M | 0.02% |
1,681,417
-156,691
| -9% | -$2.84M |
|
524
Textron
TXT
$14.5B
| $30.4M | 0.02% |
343,416
-17,265
| -5% | -$1.53M |
|
525
Insight Enterprises
NSIT
$4.02B
| $30.2M | 0.02% |
140,127
-2,101
| -1% | -$453K |
|