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 | |
|---|---|---|---|---|---|---|
576
Avnet
AVT
$4.5B
| $22.4M | 0.02% |
434,212
-69,757
| -14% | -$3.59M |
|
577
JB Hunt Transport Services
JBHT
$13.6B
| $22.3M | 0.02% |
139,581
-5,081
| -4% | -$813K |
|
578
MongoDB
MDB
$27.2B
| $22.3M | 0.02% |
89,210
-30,970
| -26% | -$7.74M |
|
579
Western Union
WU
$2.73B
| $22.1M | 0.02% |
1,812,224
-731,794
| -29% | -$8.94M |
|
|
AZPN
580
DELISTED
Aspen Technology Inc
AZPN
| $21.9M | 0.02% |
110,139
+63,047
| +134% | +$12.5M |
|
581
Dick's Sporting Goods
DKS
$20.5B
| $21.9M | 0.02% |
101,789
-5,415
| -5% | -$1.16M |
|
582
XPO
XPO
$15.9B
| $21.7M | 0.02% |
204,546
-5,801
| -3% | -$616K |
|
583
TechnipFMC
FTI
$16.7B
| $21.7M | 0.02% |
828,679
+4,314
| +0.5% | +$113K |
|
584
Varonis Systems
VRNS
$6.39B
| $21.7M | 0.02% |
451,461
+256,100
| +131% | +$12.3M |
|
585
Pool Corp
POOL
$12.2B
| $21.7M | 0.02% |
70,457
+1,114
| +2% | +$342K |
|
586
EQT Corp
EQT
$31.8B
| $21.5M | 0.02% |
582,567
-58,629
| -9% | -$2.17M |
|
587
Tetra Tech
TTEK
$9.45B
| $21.5M | 0.02% |
526,175
+12,055
| +2% | +$493K |
|
588
Idacorp
IDA
$6.8B
| $21.5M | 0.02% |
230,840
-22,608
| -9% | -$2.11M |
|
589
American Homes 4 Rent
AMH
$12.8B
| $21.3M | 0.02% |
574,208
-24,504
| -4% | -$911K |
|
590
Stanley Black & Decker
SWK
$12.2B
| $21.3M | 0.02% |
266,051
-16,234
| -6% | -$1.3M |
|
591
Zebra Technologies
ZBRA
$15.9B
| $21.2M | 0.02% |
68,779
-3,036
| -4% | -$938K |
|
592
Eastman Chemical
EMN
$7.75B
| $21.2M | 0.02% |
216,431
-1,227
| -0.6% | -$120K |
|
593
Natera
NTRA
$23.6B
| $21.1M | 0.02% |
194,763
+44,574
| +30% | +$4.83M |
|
594
Credicorp
BAP
$21B
| $21M | 0.02% |
130,232
+5,218
| +4% | +$842K |
|
595
Qorvo
QRVO
$8.03B
| $20.9M | 0.02% |
179,950
-185,414
| -51% | -$21.5M |
|
596
Lamar Advertising Co
LAMR
$12.9B
| $20.8M | 0.02% |
173,824
+966
| +0.6% | +$115K |
|
597
Advanced Drainage Systems
WMS
$11.3B
| $20.8M | 0.02% |
129,392
+3,130
| +2% | +$502K |
|
598
Regency Centers
REG
$13.1B
| $20.7M | 0.02% |
332,980
+4,276
| +1% | +$266K |
|
599
Allete
ALE
$3.7B
| $20.7M | 0.02% |
332,096
| – | – |
|
600
Toro Company
TTC
$7.78B
| $20.4M | 0.02% |
218,667
-8,343
| -4% | -$780K |
|