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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Owens Corning
OC
$12.8B
| $19.2M | 0.02% |
200,022
-29,221
| -13% | -$2.8M |
|
602
Crown Holdings
CCK
$11B
| $19.1M | 0.02% |
231,175
-39,456
| -15% | -$3.26M |
|
603
White Mountains Insurance
WTM
$4.53B
| $19.1M | 0.02% |
13,875
+1,542
| +13% | +$2.12M |
|
604
WillScot Mobile Mini Holdings
WSC
$4.17B
| $19.1M | 0.02% |
407,581
-87,493
| -18% | -$4.1M |
|
605
Emcor
EME
$28.4B
| $19M | 0.02% |
117,042
-12,831
| -10% | -$2.09M |
|
606
TransUnion
TRU
$17.5B
| $19M | 0.02% |
305,941
-128,617
| -30% | -$7.99M |
|
|
AZPN
607
DELISTED
Aspen Technology Inc
AZPN
| $19M | 0.02% |
82,826
-47,531
| -36% | -$10.9M |
|
608
Lamar Advertising Co
LAMR
$12.8B
| $18.8M | 0.02% |
188,026
-21,902
| -10% | -$2.19M |
|
609
Essential Utilities
WTRG
$10.6B
| $18.8M | 0.02% |
429,682
-83,669
| -16% | -$3.65M |
|
610
Box
BOX
$4.74B
| $18.7M | 0.02% |
698,582
+222,058
| +47% | +$5.95M |
|
611
Caesars Entertainment
CZR
$5.33B
| $18.6M | 0.02% |
382,066
-64,932
| -15% | -$3.17M |
|
612
Stanley Black & Decker
SWK
$11.9B
| $18.6M | 0.02% |
231,212
-51,047
| -18% | -$4.11M |
|
613
Zscaler
ZS
$43.4B
| $18.6M | 0.02% |
159,243
-24,755
| -13% | -$2.89M |
|
614
Carnival Corp
CCL
$42.5B
| $18.6M | 0.02% |
1,832,519
-289,357
| -14% | -$2.94M |
|
615
Avantor
AVTR
$8.6B
| $18.6M | 0.02% |
879,804
-433,271
| -33% | -$9.16M |
|
616
TEGNA Inc
TGNA
$3.37B
| $18.5M | 0.02% |
1,095,054
+115,137
| +12% | +$1.95M |
|
617
Darling Ingredients
DAR
$4.95B
| $18.5M | 0.02% |
316,306
-48,630
| -13% | -$2.84M |
|
618
Credicorp
BAP
$21B
| $18.5M | 0.02% |
139,514
-25,437
| -15% | -$3.37M |
|
619
Fidelity National Financial
FNF
$16.2B
| $18.4M | 0.02% |
528,090
-93,362
| -15% | -$3.26M |
|
620
Performance Food Group
PFGC
$16.3B
| $18.4M | 0.02% |
304,946
-42,715
| -12% | -$2.58M |
|
621
Exact Sciences
EXAS
$10.4B
| $18.4M | 0.02% |
271,112
-57,661
| -18% | -$3.91M |
|
|
CTLT
622
DELISTED
CATALENT, INC.
CTLT
| $18.3M | 0.02% |
277,946
-42,897
| -13% | -$2.82M |
|
623
Advance Auto Parts
AAP
$3.55B
| $18.2M | 0.02% |
150,026
-21,451
| -13% | -$2.61M |
|
624
American Airlines Group
AAL
$8.46B
| $18.2M | 0.02% |
1,230,590
-156,185
| -11% | -$2.3M |
|
625
Allegion
ALLE
$14.6B
| $18.1M | 0.02% |
169,251
-27,119
| -14% | -$2.89M |
|