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
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Kimco Realty
KIM
$15.1B
| $24.7M | 0.02% |
1,160,017
-20,722
| -2% | -$442K |
|
552
Exact Sciences
EXAS
$10.5B
| $24.5M | 0.02% |
331,655
-10,289
| -3% | -$761K |
|
553
Interpublic Group of Companies
IPG
$9.74B
| $24.5M | 0.02% |
750,645
-41,886
| -5% | -$1.37M |
|
554
Trimble
TRMB
$19.1B
| $24.4M | 0.02% |
458,090
-17,622
| -4% | -$937K |
|
555
Okta
OKTA
$16.5B
| $24.3M | 0.02% |
268,604
-4,960
| -2% | -$449K |
|
556
Loews
L
$19.9B
| $24.3M | 0.02% |
348,800
-9,042
| -3% | -$629K |
|
557
International Paper
IP
$24.8B
| $24.2M | 0.02% |
670,630
-34,374
| -5% | -$1.24M |
|
558
KeyCorp
KEY
$20.9B
| $24.2M | 0.02% |
1,683,324
-129,349
| -7% | -$1.86M |
|
559
United Airlines
UAL
$34.2B
| $24.2M | 0.02% |
586,481
-58,249
| -9% | -$2.4M |
|
560
Albemarle
ALB
$8.54B
| $24.2M | 0.02% |
167,458
-7,631
| -4% | -$1.1M |
|
561
AES
AES
$9.06B
| $24.1M | 0.02% |
1,254,227
-55,654
| -4% | -$1.07M |
|
562
Williams-Sonoma
WSM
$24.7B
| $24M | 0.02% |
238,362
-1,326
| -0.6% | -$134K |
|
563
Lincoln Electric
LECO
$13.2B
| $23.8M | 0.02% |
109,503
-3,271
| -3% | -$711K |
|
564
Dynatrace
DT
$15.3B
| $23.6M | 0.02% |
431,069
+1,834
| +0.4% | +$100K |
|
565
TopBuild
BLD
$11.8B
| $23.5M | 0.02% |
62,761
-1,930
| -3% | -$722K |
|
566
Pentair
PNR
$17.9B
| $23.4M | 0.02% |
322,259
-16,931
| -5% | -$1.23M |
|
567
Avantor
AVTR
$8.75B
| $23.4M | 0.02% |
1,025,220
+3,161
| +0.3% | +$72.2K |
|
568
LKQ Corp
LKQ
$8.31B
| $23.4M | 0.02% |
489,309
-11,389
| -2% | -$544K |
|
569
TransUnion
TRU
$18.3B
| $23.3M | 0.02% |
339,512
+47,250
| +16% | +$3.25M |
|
570
Grand Canyon Education
LOPE
$5.77B
| $23.1M | 0.02% |
174,828
+2,822
| +2% | +$373K |
|
571
Aecom
ACM
$16.5B
| $23.1M | 0.02% |
249,737
-13,725
| -5% | -$1.27M |
|
572
Box
BOX
$4.86B
| $22.9M | 0.02% |
894,241
-34,180
| -4% | -$875K |
|
573
UDR
UDR
$12.9B
| $22.8M | 0.02% |
595,501
-3,349
| -0.6% | -$128K |
|
574
Charles River Laboratories
CRL
$7.75B
| $22.7M | 0.02% |
96,011
-2,962
| -3% | -$700K |
|
575
NRG Energy
NRG
$29.5B
| $22.7M | 0.02% |
438,530
+2,545
| +0.6% | +$132K |
|