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 | |
|---|---|---|---|---|---|---|
526
Trimble
TRMB
$19.1B
| $28.6M | 0.02% |
443,611
-14,479
| -3% | -$932K |
|
527
Host Hotels & Resorts
HST
$12.1B
| $28.5M | 0.02% |
1,377,746
-1,281,259
| -48% | -$26.5M |
|
528
Insight Enterprises
NSIT
$3.96B
| $28.3M | 0.02% |
152,775
+3,930
| +3% | +$729K |
|
529
Mid-America Apartment Communities
MAA
$16.6B
| $28.2M | 0.02% |
214,215
+1,091
| +0.5% | +$144K |
|
530
Pool Corp
POOL
$11.9B
| $28M | 0.02% |
69,343
-2,080
| -3% | -$839K |
|
531
Viatris
VTRS
$11.9B
| $27.9M | 0.02% |
2,340,478
-34,957
| -1% | -$417K |
|
532
Sun Communities
SUI
$16.1B
| $27.9M | 0.02% |
217,071
-5,453
| -2% | -$701K |
|
533
Graco
GGG
$14.1B
| $27.8M | 0.02% |
297,577
-7,045
| -2% | -$658K |
|
534
Okta
OKTA
$15.9B
| $27.7M | 0.02% |
264,437
-4,167
| -2% | -$436K |
|
535
Stanley Black & Decker
SWK
$11.9B
| $27.6M | 0.02% |
282,285
+1,148
| +0.4% | +$112K |
|
536
Toll Brothers
TOL
$13.8B
| $27.6M | 0.02% |
213,307
-6,485
| -3% | -$839K |
|
537
RPM International
RPM
$16B
| $27.5M | 0.02% |
231,477
-3,244
| -1% | -$386K |
|
538
Lincoln Electric
LECO
$13.4B
| $27.5M | 0.02% |
107,741
-1,762
| -2% | -$450K |
|
|
WBA
539
DELISTED
Walgreens Boots Alliance
WBA
| $27.3M | 0.02% |
1,258,439
-23,587
| -2% | -$512K |
|
540
Liberty Global Class C
LBTYK
$3.99B
| $27.2M | 0.02% |
1,543,846
-149,208
| -9% | -$2.63M |
|
541
Flowers Foods
FLO
$3.02B
| $27.2M | 0.02% |
1,145,313
-15,442
| -1% | -$367K |
|
542
Bunge Global
BG
$16.5B
| $27.2M | 0.02% |
265,046
-10,588
| -4% | -$1.09M |
|
543
Watsco
WSO
$15.8B
| $27.2M | 0.02% |
62,892
-488
| -0.8% | -$211K |
|
544
Nutanix
NTNX
$20.7B
| $27.1M | 0.02% |
438,527
+21,615
| +5% | +$1.33M |
|
545
Applovin
APP
$192B
| $27M | 0.02% |
390,299
-16,001
| -4% | -$1.11M |
|
546
TopBuild
BLD
$11.8B
| $27M | 0.02% |
61,174
-1,587
| -3% | -$699K |
|
547
United Airlines
UAL
$34.8B
| $26.9M | 0.02% |
561,873
-24,608
| -4% | -$1.18M |
|
548
Pentair
PNR
$17.9B
| $26.8M | 0.02% |
313,810
-8,449
| -3% | -$722K |
|
549
Coca-Cola Europacific Partners
CCEP
$40.4B
| $26.7M | 0.02% |
381,726
-18,602
| -5% | -$1.3M |
|
550
EPAM Systems
EPAM
$8.53B
| $26.7M | 0.02% |
96,547
-2,307
| -2% | -$637K |
|