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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Loews
L
$19.9B
| $22.7M | 0.02% |
357,842
+3,271
| +0.9% | +$207K |
|
552
Zebra Technologies
ZBRA
$15.6B
| $22.6M | 0.02% |
95,510
-2,155
| -2% | -$510K |
|
553
Ball Corp
BALL
$13.6B
| $22.6M | 0.02% |
453,319
| – | – |
|
554
Box
BOX
$4.74B
| $22.5M | 0.02% |
928,421
+99,781
| +12% | +$2.42M |
|
555
Toro Company
TTC
$7.68B
| $22.4M | 0.02% |
269,631
+5,835
| +2% | +$485K |
|
556
Cirrus Logic
CRUS
$5.78B
| $22.3M | 0.02% |
301,892
+13,194
| +5% | +$976K |
|
557
Okta
OKTA
$15.9B
| $22.3M | 0.02% |
273,564
+4,559
| +2% | +$372K |
|
558
Genpact
G
$7.49B
| $22.2M | 0.02% |
612,694
+52,263
| +9% | +$1.89M |
|
559
Emcor
EME
$28.4B
| $22.2M | 0.02% |
105,342
-35
| -0% | -$7.36K |
|
560
Texas Pacific Land
TPL
$21.6B
| $22.1M | 0.02% |
36,378
| – | – |
|
561
Pentair
PNR
$17.9B
| $22M | 0.02% |
339,190
+27,519
| +9% | +$1.78M |
|
562
Wendy's
WEN
$1.87B
| $21.9M | 0.02% |
1,074,897
+179,868
| +20% | +$3.67M |
|
563
Aecom
ACM
$16.6B
| $21.9M | 0.02% |
263,462
+1,806
| +0.7% | +$150K |
|
564
Avantor
AVTR
$8.6B
| $21.5M | 0.02% |
1,022,059
+92,039
| +10% | +$1.94M |
|
565
UDR
UDR
$12.7B
| $21.4M | 0.02% |
598,850
+34,162
| +6% | +$1.22M |
|
566
MGM Resorts International
MGM
$9.79B
| $21.2M | 0.02% |
576,368
+10,157
| +2% | +$373K |
|
567
TD Synnex
SNX
$12.5B
| $21.2M | 0.02% |
212,128
+12,609
| +6% | +$1.26M |
|
568
Perrigo
PRGO
$3.04B
| $21.1M | 0.02% |
660,914
+143,577
| +28% | +$4.59M |
|
569
White Mountains Insurance
WTM
$4.53B
| $21.1M | 0.02% |
14,078
+196
| +1% | +$293K |
|
570
TransUnion
TRU
$17.5B
| $21M | 0.02% |
292,262
+4,033
| +1% | +$290K |
|
571
Southwest Gas
SWX
$5.67B
| $20.9M | 0.02% |
346,396
+10,596
| +3% | +$640K |
|
572
Kimco Realty
KIM
$15.1B
| $20.8M | 0.02% |
1,180,739
+48,389
| +4% | +$851K |
|
573
Insight Enterprises
NSIT
$3.96B
| $20.8M | 0.02% |
142,688
+17,167
| +14% | +$2.5M |
|
574
Fidelity National Financial
FNF
$16.2B
| $20.8M | 0.02% |
502,594
+11,253
| +2% | +$465K |
|
575
Regency Centers
REG
$13.1B
| $20.7M | 0.02% |
347,883
+14,124
| +4% | +$840K |
|