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 |
Vanguard S&P 500 ETF
VOO
|
+$9.2B |
| 2 |
Apple
AAPL
|
+$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$180M |
| 4 |
Texas Instruments
TXN
|
+$102M |
| 5 |
Costco
COST
|
+$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$192M |
| 3 |
Amazon
AMZN
|
+$188M |
| 4 |
Applied Materials
AMAT
|
+$163M |
| 5 |
Meta Platforms (Facebook)
META
|
+$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Principal Financial Group
PFG
$17.8B
| $28.7M | 0.02% |
371,093
-37,406
| -9% | -$2.9M |
|
527
US Foods
USFD
$17.6B
| $28.7M | 0.02% |
425,484
-23,868
| -5% | -$1.61M |
|
|
AZPN
528
DELISTED
Aspen Technology Inc
AZPN
| $28.6M | 0.02% |
114,647
+69,596
| +154% | +$17.4M |
|
529
Builders FirstSource
BLDR
$15.5B
| $28.6M | 0.02% |
199,988
-18,093
| -8% | -$2.59M |
|
530
Coca-Cola Europacific Partners
CCEP
$41.6B
| $28.5M | 0.02% |
371,378
-26,867
| -7% | -$2.06M |
|
531
Alexandria Real Estate Equities
ARE
$14.3B
| $28.5M | 0.02% |
292,208
-4,174
| -1% | -$407K |
|
532
Ball Corp
BALL
$13.7B
| $28.4M | 0.02% |
515,036
-61,890
| -11% | -$3.41M |
|
533
Twilio
TWLO
$16.4B
| $28.4M | 0.02% |
262,507
-47,320
| -15% | -$5.11M |
|
534
TransUnion
TRU
$18.3B
| $28.3M | 0.02% |
305,756
-13,137
| -4% | -$1.22M |
|
535
Burlington
BURL
$17.7B
| $28.3M | 0.02% |
99,236
-7,718
| -7% | -$2.2M |
|
536
FTI Consulting
FCN
$5.41B
| $28.1M | 0.02% |
146,858
+4,853
| +3% | +$928K |
|
537
Pentair
PNR
$17.9B
| $27.9M | 0.02% |
277,088
-21,262
| -7% | -$2.14M |
|
538
Post Holdings
POST
$5.75B
| $27.7M | 0.02% |
242,126
-3,408
| -1% | -$390K |
|
539
Fidelity National Financial
FNF
$16.3B
| $27.7M | 0.02% |
493,057
-24,358
| -5% | -$1.37M |
|
540
Revvity
RVTY
$9.87B
| $27.7M | 0.02% |
247,779
-10,417
| -4% | -$1.16M |
|
541
Saic
SAIC
$4.73B
| $27.6M | 0.02% |
247,111
-3,411
| -1% | -$381K |
|
542
SPS Commerce
SPSC
$4.21B
| $27.6M | 0.02% |
150,011
+82,370
| +122% | +$15.2M |
|
543
CF Industries
CF
$13.7B
| $27.5M | 0.02% |
322,775
-12,235
| -4% | -$1.04M |
|
544
Pinterest
PINS
$24.8B
| $27.4M | 0.02% |
943,200
-91,306
| -9% | -$2.65M |
|
545
RPM International
RPM
$16.1B
| $27.3M | 0.02% |
221,827
-6,316
| -3% | -$777K |
|
546
Molina Healthcare
MOH
$9.84B
| $27.3M | 0.02% |
93,718
-172,429
| -65% | -$50.2M |
|
547
American Financial Group
AFG
$11.5B
| $27.3M | 0.02% |
199,181
+9,304
| +5% | +$1.27M |
|
548
Selective Insurance
SIGI
$4.79B
| $27.2M | 0.02% |
291,368
+103
| +0% | +$9.63K |
|
549
Equitable Holdings
EQH
$15.8B
| $27.2M | 0.02% |
577,178
-67,860
| -11% | -$3.2M |
|
550
Owens Corning
OC
$12.5B
| $27.1M | 0.02% |
159,129
-11,385
| -7% | -$1.94M |
|