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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Reinsurance Group of America
RGA
$12.7B
| $19.3M | 0.02% |
139,266
-6,363
| -4% | -$882K |
|
602
TEGNA Inc
TGNA
$3.38B
| $19.3M | 0.02% |
1,188,332
+93,278
| +9% | +$1.51M |
|
603
Allegion
ALLE
$14.9B
| $19.3M | 0.02% |
160,788
-8,463
| -5% | -$1.02M |
|
604
White Mountains Insurance
WTM
$4.55B
| $19.3M | 0.02% |
13,882
+7
| +0.1% | +$9.72K |
|
605
CarMax
KMX
$9.21B
| $19.3M | 0.02% |
230,212
-16,068
| -7% | -$1.34M |
|
606
Sarepta Therapeutics
SRPT
$1.84B
| $19.3M | 0.02% |
168,106
+1,260
| +0.8% | +$144K |
|
607
Avantor
AVTR
$8.95B
| $19.1M | 0.02% |
930,020
+50,216
| +6% | +$1.03M |
|
608
Tapestry
TPR
$21.8B
| $19.1M | 0.02% |
445,736
-26,770
| -6% | -$1.15M |
|
609
Darling Ingredients
DAR
$5.07B
| $18.9M | 0.02% |
296,411
-19,895
| -6% | -$1.27M |
|
|
EXE
610
Expand Energy Corporation Common Stock
EXE
$22.5B
| $18.9M | 0.02% |
225,760
-11,210
| -5% | -$938K |
|
611
Etsy
ETSY
$5.77B
| $18.9M | 0.02% |
223,195
-12,174
| -5% | -$1.03M |
|
612
TD Synnex
SNX
$12.4B
| $18.8M | 0.02% |
199,519
+109,661
| +122% | +$10.3M |
|
613
Okta
OKTA
$16.3B
| $18.7M | 0.02% |
269,005
+36,514
| +16% | +$2.53M |
|
614
WillScot Mobile Mini Holdings
WSC
$4.22B
| $18.6M | 0.02% |
389,561
-18,020
| -4% | -$861K |
|
615
Concentrix
CNXC
$3.31B
| $18.5M | 0.02% |
229,565
+4,661
| +2% | +$376K |
|
616
Universal Health Services
UHS
$11.8B
| $18.4M | 0.02% |
116,937
-12,022
| -9% | -$1.9M |
|
617
Equitable Holdings
EQH
$15.9B
| $18.4M | 0.02% |
679,197
-79,319
| -10% | -$2.15M |
|
618
Vistra
VST
$63.7B
| $18.4M | 0.02% |
702,237
-105,596
| -13% | -$2.77M |
|
619
Burlington
BURL
$18.3B
| $18.4M | 0.02% |
117,002
-5,973
| -5% | -$940K |
|
620
Grab
GRAB
$21.2B
| $18.4M | 0.02% |
5,363,971
+642,546
| +14% | +$2.2M |
|
621
DocuSign
DOCU
$16.4B
| $18.4M | 0.02% |
359,882
-6,639
| -2% | -$339K |
|
622
MarketAxess Holdings
MKTX
$6.99B
| $18.4M | 0.02% |
70,286
-175,369
| -71% | -$45.8M |
|
623
Insight Enterprises
NSIT
$4.03B
| $18.4M | 0.02% |
125,521
+26,604
| +27% | +$3.89M |
|
624
Pure Storage
PSTG
$26B
| $18.4M | 0.02% |
498,455
-44,604
| -8% | -$1.64M |
|
625
Crown Holdings
CCK
$11B
| $18.3M | 0.02% |
211,038
-20,137
| -9% | -$1.75M |
|