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 | |
|---|---|---|---|---|---|---|
601
AES
AES
$9.06B
| $20.4M | 0.02% |
1,163,086
-43,853
| -4% | -$770K |
|
602
ITT
ITT
$13.6B
| $20.4M | 0.01% |
157,549
-437
| -0.3% | -$56.5K |
|
603
Ovintiv
OVV
$11B
| $20.3M | 0.01% |
432,916
-20,902
| -5% | -$980K |
|
604
CyberArk
CYBR
$23.6B
| $20.3M | 0.01% |
74,205
+887
| +1% | +$243K |
|
605
Liberty Global Class C
LBTYK
$3.99B
| $20.3M | 0.01% |
1,135,240
-408,606
| -26% | -$7.29M |
|
606
LKQ Corp
LKQ
$8.26B
| $20.2M | 0.01% |
486,427
-612
| -0.1% | -$25.5K |
|
607
e.l.f. Beauty
ELF
$7.63B
| $20.2M | 0.01% |
95,772
-5,985
| -6% | -$1.26M |
|
608
Ally Financial
ALLY
$12.7B
| $20.1M | 0.01% |
505,643
+26,116
| +5% | +$1.04M |
|
609
Insulet
PODD
$23.8B
| $20M | 0.01% |
98,948
+2,846
| +3% | +$574K |
|
610
Charles River Laboratories
CRL
$7.54B
| $20M | 0.01% |
96,653
+1,525
| +2% | +$315K |
|
611
Lincoln Electric
LECO
$13.4B
| $19.9M | 0.01% |
105,720
-2,021
| -2% | -$381K |
|
612
New Jersey Resources
NJR
$4.71B
| $19.9M | 0.01% |
466,507
-18,481
| -4% | -$790K |
|
613
Comfort Systems
FIX
$26.5B
| $19.9M | 0.01% |
65,534
-457
| -0.7% | -$139K |
|
614
Interpublic Group of Companies
IPG
$9.51B
| $19.8M | 0.01% |
682,328
-21,316
| -3% | -$620K |
|
615
Haemonetics
HAE
$2.59B
| $19.8M | 0.01% |
239,648
+1,547
| +0.6% | +$128K |
|
616
DocuSign
DOCU
$15.9B
| $19.8M | 0.01% |
369,505
+19,847
| +6% | +$1.06M |
|
617
Onto Innovation
ONTO
$5.2B
| $19.7M | 0.01% |
89,934
-776
| -0.9% | -$170K |
|
618
Portland General Electric
POR
$4.63B
| $19.7M | 0.01% |
455,419
-43,597
| -9% | -$1.89M |
|
619
East-West Bancorp
EWBC
$14.9B
| $19.7M | 0.01% |
268,810
+2,842
| +1% | +$208K |
|
620
Woodward
WWD
$14.3B
| $19.7M | 0.01% |
112,875
+1,138
| +1% | +$198K |
|
621
Performance Food Group
PFGC
$16.3B
| $19.5M | 0.01% |
294,768
+9,901
| +3% | +$655K |
|
|
MZTI
622
The Marzetti Company Common Stock
MZTI
$4.97B
| $19.4M | 0.01% |
102,847
-2,296
| -2% | -$434K |
|
623
MGM Resorts International
MGM
$9.79B
| $19.3M | 0.01% |
434,755
-35,313
| -8% | -$1.57M |
|
624
Liberty Media Series C
FWONK
$24.7B
| $19.2M | 0.01% |
267,054
-75,531
| -22% | -$5.43M |
|
625
Tapestry
TPR
$21.9B
| $19.2M | 0.01% |
448,046
+27,283
| +6% | +$1.17M |
|