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 | |
|---|---|---|---|---|---|---|
576
East-West Bancorp
EWBC
$14.8B
| $24.4M | 0.02% |
255,024
-11,146
| -4% | -$1.07M |
|
577
Aptiv
APTV
$17.5B
| $24.2M | 0.02% |
400,802
-82,106
| -17% | -$4.97M |
|
578
White Mountains Insurance
WTM
$4.63B
| $24.2M | 0.02% |
12,441
-766
| -6% | -$1.49M |
|
|
ALTR
579
DELISTED
Altair Engineering Inc. Class A Common Stock
ALTR
| $24.1M | 0.02% |
220,435
+127,009
| +136% | +$13.9M |
|
580
UDR
UDR
$13B
| $24M | 0.02% |
553,545
-57,089
| -9% | -$2.48M |
|
581
Credicorp
BAP
$20.7B
| $23.9M | 0.02% |
130,638
-5,817
| -4% | -$1.07M |
|
582
First Solar
FSLR
$22B
| $23.9M | 0.02% |
135,734
-46,617
| -26% | -$8.22M |
|
583
Textron
TXT
$14.5B
| $23.9M | 0.02% |
312,641
-30,775
| -9% | -$2.35M |
|
584
Clean Harbors
CLH
$12.7B
| $23.8M | 0.02% |
103,490
-5,400
| -5% | -$1.24M |
|
585
Crown Holdings
CCK
$11B
| $23.7M | 0.02% |
287,189
+63,239
| +28% | +$5.23M |
|
586
XPO
XPO
$15.4B
| $23.5M | 0.02% |
179,267
+28,084
| +19% | +$3.68M |
|
587
Estee Lauder
EL
$32.1B
| $23.2M | 0.02% |
309,866
-22,127
| -7% | -$1.66M |
|
588
Avantor
AVTR
$9.07B
| $23.2M | 0.02% |
1,100,882
-106,859
| -9% | -$2.25M |
|
589
Tenet Healthcare
THC
$17.3B
| $22.7M | 0.02% |
179,465
-5,860
| -3% | -$740K |
|
590
Graco
GGG
$14.2B
| $22.6M | 0.02% |
268,470
-18,388
| -6% | -$1.55M |
|
591
Avnet
AVT
$4.49B
| $22.5M | 0.02% |
430,637
+3,611
| +0.8% | +$189K |
|
592
Pool Corp
POOL
$12.4B
| $22.5M | 0.02% |
65,939
-3,699
| -5% | -$1.26M |
|
593
Dolby
DLB
$6.96B
| $22.4M | 0.02% |
287,109
-4,292
| -1% | -$335K |
|
594
JB Hunt Transport Services
JBHT
$13.9B
| $22.4M | 0.02% |
131,321
-7,851
| -6% | -$1.34M |
|
595
Boston Properties
BXP
$12.2B
| $22.4M | 0.02% |
301,041
-6,654
| -2% | -$495K |
|
596
Performance Food Group
PFGC
$16.5B
| $22.2M | 0.01% |
262,839
-18,864
| -7% | -$1.59M |
|
597
Jones Lang LaSalle
JLL
$14.8B
| $22.2M | 0.01% |
87,699
-5,507
| -6% | -$1.39M |
|
598
Southwest Gas
SWX
$5.66B
| $22.1M | 0.01% |
312,830
-5,668
| -2% | -$401K |
|
599
Host Hotels & Resorts
HST
$12B
| $22M | 0.01% |
1,253,960
-90,152
| -7% | -$1.58M |
|
600
Dick's Sporting Goods
DKS
$17.7B
| $21.9M | 0.01% |
95,757
-7,292
| -7% | -$1.67M |
|