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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Celanese
CE
$5.02B
| $26.6M | 0.02% |
196,830
+20,739
| +12% | +$2.8M |
|
527
Nutanix
NTNX
$21.2B
| $26.5M | 0.02% |
465,497
+26,970
| +6% | +$1.53M |
|
528
Live Nation Entertainment
LYV
$40.2B
| $26.4M | 0.02% |
281,141
+3,991
| +1% | +$374K |
|
529
Burlington
BURL
$17.7B
| $26.3M | 0.02% |
109,419
-1,613
| -1% | -$387K |
|
530
Jabil
JBL
$23.2B
| $26.2M | 0.02% |
240,437
-11,794
| -5% | -$1.28M |
|
531
Ryan Specialty Holdings
RYAN
$6.6B
| $26.1M | 0.02% |
450,455
+35,188
| +8% | +$2.04M |
|
532
White Mountains Insurance
WTM
$4.53B
| $26M | 0.02% |
14,302
+224
| +2% | +$407K |
|
533
Dropbox
DBX
$8.3B
| $25.9M | 0.02% |
1,151,253
+614,310
| +114% | +$13.8M |
|
534
Equitable Holdings
EQH
$16.1B
| $25.9M | 0.02% |
633,049
+4,165
| +0.7% | +$170K |
|
535
Fidelity National Financial
FNF
$16.4B
| $25.8M | 0.02% |
522,591
+30,418
| +6% | +$1.5M |
|
536
Robinhood
HOOD
$106B
| $25.6M | 0.02% |
1,128,845
+32,024
| +3% | +$727K |
|
537
Snap-on
SNA
$17.1B
| $25.6M | 0.02% |
97,843
-2,726
| -3% | -$713K |
|
538
Okta
OKTA
$16B
| $25.3M | 0.02% |
270,609
+6,172
| +2% | +$578K |
|
539
Flex
FLEX
$21.9B
| $25.1M | 0.02% |
850,778
-1,561,453
| -65% | -$46M |
|
540
Revvity
RVTY
$9.81B
| $25.1M | 0.02% |
239,160
+6,077
| +3% | +$637K |
|
541
Interactive Brokers
IBKR
$27.9B
| $25.1M | 0.02% |
818,196
+6,816
| +0.8% | +$209K |
|
542
Avantor
AVTR
$8.84B
| $25M | 0.02% |
1,179,341
-38,542
| -3% | -$817K |
|
543
Roblox
RBLX
$93.8B
| $25M | 0.02% |
671,455
+25,912
| +4% | +$964K |
|
|
WRK
544
DELISTED
WestRock Company
WRK
| $24.8M | 0.02% |
494,262
-3,650
| -0.7% | -$183K |
|
545
Carvana
CVNA
$48.8B
| $24.8M | 0.02% |
192,755
+9,678
| +5% | +$1.25M |
|
546
Host Hotels & Resorts
HST
$12.2B
| $24.8M | 0.02% |
1,378,195
+449
| +0% | +$8.07K |
|
547
Toll Brothers
TOL
$14.1B
| $24.8M | 0.02% |
214,934
+1,627
| +0.8% | +$187K |
|
548
RPM International
RPM
$16.3B
| $24.7M | 0.02% |
229,295
-2,182
| -0.9% | -$235K |
|
549
Trimble
TRMB
$19.7B
| $24.7M | 0.02% |
441,509
-2,102
| -0.5% | -$118K |
|
550
Viatris
VTRS
$12B
| $24.7M | 0.02% |
2,320,331
-20,147
| -0.9% | -$214K |
|