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 | |
|---|---|---|---|---|---|---|
551
Idacorp
IDA
$6.68B
| $26.9M | 0.02% |
246,137
+1,655
| +0.7% | +$181K |
|
552
Watsco
WSO
$16.6B
| $26.9M | 0.02% |
56,725
-4,612
| -8% | -$2.19M |
|
553
Skyworks Solutions
SWKS
$11.2B
| $26.6M | 0.02% |
299,889
-21,250
| -7% | -$1.88M |
|
554
Aecom
ACM
$16.8B
| $26.6M | 0.02% |
248,710
-13,675
| -5% | -$1.46M |
|
555
Sun Communities
SUI
$16.2B
| $26.5M | 0.02% |
215,333
-13,860
| -6% | -$1.7M |
|
556
Dollar General
DG
$23.9B
| $26.4M | 0.02% |
348,319
-27,886
| -7% | -$2.11M |
|
557
Toast
TOST
$23.8B
| $26.3M | 0.02% |
721,318
-14,753
| -2% | -$538K |
|
558
Jefferies Financial Group
JEF
$13.2B
| $26.2M | 0.02% |
334,790
-15,827
| -5% | -$1.24M |
|
559
Align Technology
ALGN
$9.92B
| $25.9M | 0.02% |
124,414
-5,639
| -4% | -$1.18M |
|
560
Tapestry
TPR
$21.8B
| $25.9M | 0.02% |
396,442
-50,066
| -11% | -$3.27M |
|
561
Kimco Realty
KIM
$15.3B
| $25.6M | 0.02% |
1,090,636
-78,692
| -7% | -$1.84M |
|
562
Comfort Systems
FIX
$25.3B
| $25.4M | 0.02% |
59,871
-3,338
| -5% | -$1.42M |
|
563
Viatris
VTRS
$12.2B
| $25.2M | 0.02% |
2,025,306
-165,796
| -8% | -$2.06M |
|
564
Dollar Tree
DLTR
$20.3B
| $25.2M | 0.02% |
336,266
-12,204
| -4% | -$915K |
|
565
Casella Waste Systems
CWST
$5.92B
| $25.2M | 0.02% |
238,105
+1
| +0% | +$106 |
|
566
Affirm
AFRM
$28B
| $25.1M | 0.02% |
412,074
+106,074
| +35% | +$6.46M |
|
567
SoFi Technologies
SOFI
$31.1B
| $25M | 0.02% |
1,624,450
+322,967
| +25% | +$4.97M |
|
568
Avery Dennison
AVY
$13.1B
| $24.9M | 0.02% |
133,320
-10,077
| -7% | -$1.89M |
|
569
Healthpeak Properties
DOC
$12.7B
| $24.8M | 0.02% |
1,225,682
-88,587
| -7% | -$1.8M |
|
570
KeyCorp
KEY
$21B
| $24.8M | 0.02% |
1,448,132
-139,745
| -9% | -$2.4M |
|
571
FTAI Aviation
FTAI
$17.1B
| $24.8M | 0.02% |
171,960
-7,573
| -4% | -$1.09M |
|
572
Grand Canyon Education
LOPE
$5.77B
| $24.8M | 0.02% |
151,144
-2,875
| -2% | -$471K |
|
573
Southwest Airlines
LUV
$16.7B
| $24.7M | 0.02% |
735,690
-88,374
| -11% | -$2.97M |
|
574
Toll Brothers
TOL
$14.3B
| $24.6M | 0.02% |
195,451
-16,273
| -8% | -$2.05M |
|
575
Hanover Insurance
THG
$6.36B
| $24.6M | 0.02% |
158,828
+5,949
| +4% | +$920K |
|