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 | |
|---|---|---|---|---|---|---|
551
UDR
UDR
$12.7B
| $24.6M | 0.02% |
598,948
+2,785
| +0.5% | +$115K |
|
552
Southwest Airlines
LUV
$16.3B
| $24.4M | 0.02% |
852,531
-203,065
| -19% | -$5.81M |
|
553
Tenet Healthcare
THC
$16.9B
| $24.3M | 0.02% |
182,488
-8,308
| -4% | -$1.11M |
|
554
CF Industries
CF
$14.1B
| $24.3M | 0.02% |
327,422
-23,329
| -7% | -$1.73M |
|
555
TopBuild
BLD
$11.8B
| $24.1M | 0.02% |
62,673
+1,499
| +2% | +$578K |
|
556
Clean Harbors
CLH
$12.6B
| $24.1M | 0.02% |
106,602
+5,143
| +5% | +$1.16M |
|
557
Nordson
NDSN
$12.6B
| $24M | 0.02% |
103,461
-1,473
| -1% | -$342K |
|
558
Sarepta Therapeutics
SRPT
$1.8B
| $24M | 0.02% |
151,851
+28,066
| +23% | +$4.43M |
|
559
Acadia Healthcare
ACHC
$1.94B
| $24M | 0.02% |
354,723
-12,493
| -3% | -$844K |
|
560
nVent Electric
NVT
$15.3B
| $23.9M | 0.02% |
311,574
-11,197
| -3% | -$858K |
|
561
Wingstop
WING
$7.84B
| $23.6M | 0.02% |
55,856
-190
| -0.3% | -$80.3K |
|
562
US Foods
USFD
$17.5B
| $23.6M | 0.02% |
445,107
+20,484
| +5% | +$1.09M |
|
563
Casella Waste Systems
CWST
$5.81B
| $23.5M | 0.02% |
236,598
+15,135
| +7% | +$1.5M |
|
564
Dolby
DLB
$6.8B
| $23.5M | 0.02% |
296,136
-52,011
| -15% | -$4.12M |
|
565
Southwest Gas
SWX
$5.67B
| $23.4M | 0.02% |
332,616
-11,790
| -3% | -$830K |
|
566
Fox Class A
FOXA
$25.5B
| $23.4M | 0.02% |
680,630
+150,847
| +28% | +$5.18M |
|
567
AXIS Capital
AXS
$7.59B
| $23.4M | 0.02% |
330,806
+185,825
| +128% | +$13.1M |
|
568
Pentair
PNR
$17.9B
| $23.3M | 0.02% |
303,516
-10,294
| -3% | -$789K |
|
569
Middleby
MIDD
$6.99B
| $23.2M | 0.02% |
189,420
+4,297
| +2% | +$527K |
|
570
Grand Canyon Education
LOPE
$5.69B
| $23.2M | 0.02% |
165,753
-7,121
| -4% | -$996K |
|
571
Graco
GGG
$14.1B
| $22.9M | 0.02% |
288,914
-8,663
| -3% | -$687K |
|
572
American Financial Group
AFG
$11.4B
| $22.9M | 0.02% |
186,118
-1,083
| -0.6% | -$133K |
|
573
Aecom
ACM
$16.6B
| $22.9M | 0.02% |
259,667
+11,817
| +5% | +$1.04M |
|
574
KeyCorp
KEY
$21.1B
| $22.7M | 0.02% |
1,596,556
-1,667
| -0.1% | -$23.7K |
|
575
Kimco Realty
KIM
$15.1B
| $22.6M | 0.02% |
1,163,517
-10,943
| -0.9% | -$213K |
|