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 | |
|---|---|---|---|---|---|---|
551
DocuSign
DOCU
$16.1B
| $23.9M | 0.02% |
431,102
-18,762
| -4% | -$1.04M |
|
552
Royal Caribbean
RCL
$95.7B
| $23.8M | 0.02% |
482,012
-15,751
| -3% | -$779K |
|
553
MGM Resorts International
MGM
$9.98B
| $23.8M | 0.02% |
708,958
-76,321
| -10% | -$2.56M |
|
554
Ares Management
ARES
$38.9B
| $23.8M | 0.02% |
347,185
+4,499
| +1% | +$308K |
|
555
Cloudflare
NET
$74.7B
| $23.6M | 0.02% |
522,827
-50,523
| -9% | -$2.28M |
|
556
Jazz Pharmaceuticals
JAZZ
$7.86B
| $23.5M | 0.02% |
147,348
+8,615
| +6% | +$1.37M |
|
557
Seagate
STX
$40B
| $23.5M | 0.02% |
445,790
+13,690
| +3% | +$720K |
|
558
Fidelity National Financial
FNF
$16.5B
| $23.4M | 0.02% |
621,452
-23,396
| -4% | -$880K |
|
559
Flex
FLEX
$20.8B
| $23.3M | 0.02% |
1,440,696
-18,023
| -1% | -$291K |
|
560
Pultegroup
PHM
$27.7B
| $23.3M | 0.02% |
511,703
-18,911
| -4% | -$861K |
|
561
Live Nation Entertainment
LYV
$37.9B
| $23.3M | 0.02% |
333,776
-15,802
| -5% | -$1.1M |
|
562
Eastman Chemical
EMN
$7.93B
| $23.3M | 0.02% |
285,540
-13,116
| -4% | -$1.07M |
|
|
AJRD
563
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $23.2M | 0.02% |
415,155
+20,570
| +5% | +$1.15M |
|
564
Li Auto
LI
$24B
| $23.2M | 0.02% |
1,136,298
-24,244
| -2% | -$495K |
|
565
Darling Ingredients
DAR
$5.07B
| $22.8M | 0.02% |
364,936
+6,875
| +2% | +$430K |
|
566
DoorDash
DASH
$105B
| $22.6M | 0.02% |
463,350
-47,735
| -9% | -$2.33M |
|
567
American Financial Group
AFG
$11.6B
| $22.6M | 0.02% |
164,465
+5,703
| +4% | +$783K |
|
568
Vistra
VST
$63.7B
| $22.5M | 0.02% |
968,598
-75,953
| -7% | -$1.76M |
|
569
Credicorp
BAP
$20.7B
| $22.4M | 0.02% |
164,951
+12,393
| +8% | +$1.68M |
|
570
Reinsurance Group of America
RGA
$12.8B
| $22.4M | 0.02% |
157,385
+6,263
| +4% | +$890K |
|
571
WillScot Mobile Mini Holdings
WSC
$4.32B
| $22.4M | 0.02% |
495,074
-31,505
| -6% | -$1.42M |
|
572
Builders FirstSource
BLDR
$16.5B
| $22.4M | 0.02% |
344,623
-48,665
| -12% | -$3.16M |
|
|
TXNM
573
TXNM Energy, Inc.
TXNM
$5.99B
| $22.3M | 0.02% |
456,080
+171,711
| +60% | +$8.38M |
|
574
Crown Holdings
CCK
$11B
| $22.2M | 0.02% |
270,631
-6,010
| -2% | -$494K |
|
575
Molson Coors Class B
TAP
$9.96B
| $22.2M | 0.02% |
430,076
+12,301
| +3% | +$634K |
|