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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
U-Haul Holding Co Series N
UHAL.B
$10B
| $25.9M | 0.02% |
+470,976
| New | +$25.9M |
|
527
Concentrix
CNXC
$3.39B
| $25.9M | 0.02% |
194,326
+2,487
| +1% | +$331K |
|
528
Graco
GGG
$14.2B
| $25.8M | 0.02% |
383,923
-3,562
| -0.9% | -$240K |
|
529
Celanese
CE
$5.34B
| $25.7M | 0.02% |
250,927
+936
| +0.4% | +$95.7K |
|
530
Manhattan Associates
MANH
$13B
| $25.7M | 0.02% |
211,298
-1,523
| -0.7% | -$185K |
|
531
Coupang
CPNG
$52.7B
| $25.6M | 0.02% |
1,737,917
+548,387
| +46% | +$8.07M |
|
532
Burlington
BURL
$18.4B
| $25.5M | 0.02% |
125,855
-22,463
| -15% | -$4.55M |
|
533
Regency Centers
REG
$13.4B
| $25.5M | 0.02% |
407,476
+362
| +0.1% | +$22.6K |
|
534
NIO
NIO
$13.4B
| $25.4M | 0.02% |
2,601,252
-314,635
| -11% | -$3.07M |
|
535
Advance Auto Parts
AAP
$3.63B
| $25.2M | 0.02% |
171,477
-3,352
| -2% | -$493K |
|
536
Equitable Holdings
EQH
$16B
| $25.1M | 0.02% |
875,734
-18,573
| -2% | -$533K |
|
537
Sarepta Therapeutics
SRPT
$1.96B
| $24.9M | 0.02% |
192,211
+947
| +0.5% | +$123K |
|
538
RenaissanceRe
RNR
$11.3B
| $24.9M | 0.02% |
134,901
+35,533
| +36% | +$6.55M |
|
539
Boston Properties
BXP
$12.2B
| $24.7M | 0.02% |
366,214
-2,867
| -0.8% | -$194K |
|
540
TransUnion
TRU
$17.5B
| $24.7M | 0.02% |
434,558
+1,829
| +0.4% | +$104K |
|
541
Axon Enterprise
AXON
$57.2B
| $24.6M | 0.02% |
148,304
+14,982
| +11% | +$2.49M |
|
542
Spotify
SPOT
$146B
| $24.5M | 0.02% |
310,762
-2,317
| -0.7% | -$183K |
|
543
Essential Utilities
WTRG
$11B
| $24.5M | 0.02% |
513,351
-13,676
| -3% | -$653K |
|
544
Guidewire Software
GWRE
$22B
| $24.5M | 0.02% |
390,854
+197
| +0.1% | +$12.3K |
|
545
Charles River Laboratories
CRL
$8.07B
| $24.4M | 0.02% |
111,975
-1,578
| -1% | -$344K |
|
546
Coca-Cola Europacific Partners
CCEP
$40.4B
| $24.4M | 0.02% |
440,524
-14,801
| -3% | -$819K |
|
547
Masco
MAS
$15.9B
| $24.1M | 0.02% |
516,184
-25,267
| -5% | -$1.18M |
|
548
Genpact
G
$7.82B
| $24.1M | 0.02% |
520,035
+89,300
| +21% | +$4.14M |
|
549
American Homes 4 Rent
AMH
$12.9B
| $24M | 0.02% |
797,071
+113,763
| +17% | +$3.43M |
|
550
MongoDB
MDB
$26.4B
| $23.9M | 0.02% |
121,405
-25,563
| -17% | -$5.03M |
|