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 | |
|---|---|---|---|---|---|---|
576
Liberty Media Series C
FWONK
$25.4B
| $22.6M | 0.02% |
357,973
-8,209
| -2% | -$518K |
|
577
Toll Brothers
TOL
$14.3B
| $22.6M | 0.02% |
219,792
-3,094
| -1% | -$318K |
|
578
Regency Centers
REG
$13.3B
| $22.5M | 0.02% |
335,440
-12,443
| -4% | -$834K |
|
|
TXNM
579
TXNM Energy, Inc.
TXNM
$5.98B
| $22.5M | 0.02% |
539,694
-6,503
| -1% | -$271K |
|
580
Burlington
BURL
$18.3B
| $22.3M | 0.02% |
114,827
-6,127
| -5% | -$1.19M |
|
581
Perrigo
PRGO
$3.07B
| $22.3M | 0.02% |
692,916
+32,002
| +5% | +$1.03M |
|
582
MGM Resorts International
MGM
$9.85B
| $22.3M | 0.02% |
498,657
-77,711
| -13% | -$3.47M |
|
583
Teleflex
TFX
$5.75B
| $22.3M | 0.02% |
89,337
-1,451
| -2% | -$362K |
|
584
Rivian
RIVN
$16.9B
| $22.2M | 0.02% |
945,042
-31,552
| -3% | -$740K |
|
585
HEICO Class A
HEI.A
$34.8B
| $22.1M | 0.02% |
155,293
-2,178
| -1% | -$310K |
|
586
Equitable Holdings
EQH
$15.9B
| $22.1M | 0.02% |
664,110
-34,779
| -5% | -$1.16M |
|
587
Emcor
EME
$27.8B
| $22M | 0.02% |
102,264
-3,078
| -3% | -$663K |
|
588
Southwest Gas
SWX
$5.58B
| $22M | 0.02% |
347,747
+1,351
| +0.4% | +$85.6K |
|
589
Saia
SAIA
$8.16B
| $22M | 0.02% |
50,202
-1,093
| -2% | -$479K |
|
590
Portland General Electric
POR
$4.61B
| $21.8M | 0.02% |
503,943
+6,207
| +1% | +$269K |
|
591
New Jersey Resources
NJR
$4.67B
| $21.8M | 0.02% |
489,779
+8,589
| +2% | +$383K |
|
592
Bio-Techne
TECH
$8.42B
| $21.7M | 0.02% |
281,755
-6,881
| -2% | -$531K |
|
593
Insulet
PODD
$24.6B
| $21.5M | 0.02% |
99,253
-29,389
| -23% | -$6.38M |
|
594
WD-40
WDFC
$2.94B
| $21.4M | 0.02% |
89,636
-1,236
| -1% | -$295K |
|
595
American Financial Group
AFG
$11.5B
| $21.4M | 0.02% |
180,172
+45,752
| +34% | +$5.44M |
|
596
American Homes 4 Rent
AMH
$12.9B
| $21.4M | 0.02% |
593,972
-10,349
| -2% | -$372K |
|
597
Wendy's
WEN
$1.89B
| $21.4M | 0.02% |
1,096,163
+21,266
| +2% | +$414K |
|
598
Genpact
G
$7.71B
| $21.3M | 0.02% |
614,802
+2,108
| +0.3% | +$73.2K |
|
599
Qorvo
QRVO
$8.53B
| $21.3M | 0.02% |
189,282
-11,818
| -6% | -$1.33M |
|
600
The Mosaic Company
MOS
$10.3B
| $21.3M | 0.02% |
594,918
-45,332
| -7% | -$1.62M |
|