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 | |
|---|---|---|---|---|---|---|
|
EXE
576
Expand Energy Corporation Common Stock
EXE
$23B
| $20.6M | 0.02% |
239,233
+13,473
| +6% | +$1.16M |
|
577
Entegris
ENTG
$12B
| $20.5M | 0.02% |
218,590
-1,386
| -0.6% | -$130K |
|
578
Sprouts Farmers Market
SFM
$13.1B
| $20.5M | 0.02% |
+479,526
| New | +$20.5M |
|
579
Insulet
PODD
$23.8B
| $20.5M | 0.02% |
128,642
-2,088
| -2% | -$333K |
|
580
Lincoln Electric
LECO
$13.4B
| $20.5M | 0.02% |
112,774
| – | – |
|
581
Unum
UNM
$12.6B
| $20.5M | 0.02% |
416,060
+4,041
| +1% | +$199K |
|
582
Saia
SAIA
$8.19B
| $20.4M | 0.02% |
51,295
+2,630
| +5% | +$1.05M |
|
583
American Homes 4 Rent
AMH
$12.7B
| $20.4M | 0.02% |
604,321
+33,018
| +6% | +$1.11M |
|
584
HEICO Class A
HEI.A
$35B
| $20.3M | 0.02% |
157,471
-6,528
| -4% | -$844K |
|
585
BorgWarner
BWA
$9.34B
| $20.3M | 0.02% |
502,773
-48,281
| -9% | -$1.95M |
|
586
Stanley Black & Decker
SWK
$11.9B
| $20.3M | 0.02% |
242,602
+16,603
| +7% | +$1.39M |
|
587
ONE Gas
OGS
$4.5B
| $20.2M | 0.02% |
296,382
+21,323
| +8% | +$1.46M |
|
588
Match Group
MTCH
$9.12B
| $20.2M | 0.02% |
515,291
+3,956
| +0.8% | +$155K |
|
589
Portland General Electric
POR
$4.63B
| $20.1M | 0.02% |
497,736
+28,436
| +6% | +$1.15M |
|
590
Zscaler
ZS
$43.4B
| $20.1M | 0.02% |
129,434
+4,334
| +3% | +$674K |
|
591
Grand Canyon Education
LOPE
$5.69B
| $20.1M | 0.02% |
172,006
+12,974
| +8% | +$1.52M |
|
592
Dynatrace
DT
$14.4B
| $20.1M | 0.02% |
429,235
+42,636
| +11% | +$1.99M |
|
593
Blackbaud
BLKB
$3.33B
| $20M | 0.02% |
284,676
+3,886
| +1% | +$273K |
|
594
Sarepta Therapeutics
SRPT
$1.8B
| $19.9M | 0.02% |
164,457
-3,649
| -2% | -$442K |
|
595
AES
AES
$9.06B
| $19.9M | 0.02% |
1,309,881
+43,359
| +3% | +$659K |
|
596
Equitable Holdings
EQH
$15.8B
| $19.8M | 0.02% |
698,889
+19,692
| +3% | +$559K |
|
597
Bio-Techne
TECH
$7.93B
| $19.6M | 0.02% |
288,636
+11,647
| +4% | +$793K |
|
598
Roblox
RBLX
$92.1B
| $19.6M | 0.02% |
678,169
-152,924
| -18% | -$4.43M |
|
599
Healthpeak Properties
DOC
$12.5B
| $19.6M | 0.02% |
1,069,298
+48,846
| +5% | +$897K |
|
600
Globe Life
GL
$11.3B
| $19.6M | 0.02% |
180,040
-786
| -0.4% | -$85.5K |
|