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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
UGI
UGI
$7.45B
| $23.3M | 0.02% |
502,053
-15,775
| -3% | -$731K |
|
627
Targa Resources
TRGP
$35.4B
| $23.2M | 0.02% |
522,586
-26,214
| -5% | -$1.17M |
|
628
DXC Technology
DXC
$2.57B
| $23.2M | 0.02% |
595,037
-2,828
| -0.5% | -$110K |
|
629
Gaming and Leisure Properties
GLPI
$13.6B
| $23.2M | 0.02% |
499,933
-18,258
| -4% | -$846K |
|
630
Reliance Steel & Aluminium
RS
$15.5B
| $23.1M | 0.02% |
153,035
-2,733
| -2% | -$412K |
|
631
Axon Enterprise
AXON
$58.6B
| $23.1M | 0.02% |
130,381
-3,012
| -2% | -$533K |
|
632
Globe Life
GL
$11.5B
| $23M | 0.02% |
241,777
-546,489
| -69% | -$52.1M |
|
633
Zai Lab
ZLAB
$3.58B
| $23M | 0.02% |
129,951
-20,933
| -14% | -$3.7M |
|
634
Hubbell
HUBB
$23.7B
| $23M | 0.02% |
123,073
-1,469
| -1% | -$274K |
|
635
Wolfspeed
WOLF
$280M
| $22.9M | 0.02% |
233,796
-25,520
| -10% | -$2.5M |
|
636
East-West Bancorp
EWBC
$15B
| $22.9M | 0.02% |
319,338
-7,269
| -2% | -$521K |
|
637
Carlisle Companies
CSL
$16.8B
| $22.7M | 0.02% |
118,416
-6,421
| -5% | -$1.23M |
|
638
Clarivate
CLVT
$2.94B
| $22.6M | 0.02% |
821,655
+397,993
| +94% | +$11M |
|
639
Guardant Health
GH
$7.09B
| $22.5M | 0.02% |
181,464
+6,310
| +4% | +$784K |
|
640
Sunrun
RUN
$3.82B
| $22.5M | 0.02% |
403,597
+28,883
| +8% | +$1.61M |
|
|
PFPT
641
DELISTED
Proofpoint, Inc.
PFPT
| $22.4M | 0.02% |
128,759
-5,846
| -4% | -$1.02M |
|
642
Lithia Motors
LAD
$8.79B
| $22.3M | 0.02% |
64,999
+3,835
| +6% | +$1.32M |
|
643
First Horizon
FHN
$11.5B
| $22.2M | 0.02% |
1,286,028
-26,147
| -2% | -$452K |
|
644
CRISPR Therapeutics
CRSP
$5.04B
| $22.2M | 0.02% |
137,261
-10,534
| -7% | -$1.71M |
|
645
Cleveland-Cliffs
CLF
$5.83B
| $22.2M | 0.02% |
1,030,420
+77,348
| +8% | +$1.67M |
|
646
Repligen
RGEN
$6.74B
| $22.2M | 0.02% |
111,265
-18,968
| -15% | -$3.79M |
|
647
PagSeguro Digital
PAGS
$2.76B
| $22.2M | 0.02% |
396,738
+26,956
| +7% | +$1.51M |
|
648
MKS Inc. Common Stock
MKSI
$7.69B
| $22.1M | 0.02% |
124,359
-5,735
| -4% | -$1.02M |
|
649
Elastic
ESTC
$9.45B
| $22.1M | 0.02% |
151,273
-3,610
| -2% | -$526K |
|
650
A.O. Smith
AOS
$10.4B
| $22M | 0.02% |
305,155
-7,281
| -2% | -$525K |
|