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 | |
|---|---|---|---|---|---|---|
626
nVent Electric
NVT
$14.9B
| $19.6M | 0.01% |
287,485
-9,947
| -3% | -$678K |
|
627
Evercore
EVR
$12.3B
| $19.6M | 0.01% |
70,584
-5,158
| -7% | -$1.43M |
|
628
MongoDB
MDB
$26.4B
| $19.6M | 0.01% |
84,002
-7,236
| -8% | -$1.68M |
|
629
Zscaler
ZS
$42.7B
| $19.5M | 0.01% |
108,058
-42,740
| -28% | -$7.71M |
|
630
Acuity Brands
AYI
$10.4B
| $19.5M | 0.01% |
66,666
-5,353
| -7% | -$1.56M |
|
631
Madison Square Garden
MSGS
$4.71B
| $19.5M | 0.01% |
86,266
+241
| +0.3% | +$54.4K |
|
632
Genpact
G
$7.82B
| $19.4M | 0.01% |
452,631
-24,796
| -5% | -$1.06M |
|
633
Lamar Advertising Co
LAMR
$13B
| $19.4M | 0.01% |
159,181
-2,704
| -2% | -$329K |
|
634
Coherent
COHR
$15.2B
| $19.2M | 0.01% |
202,723
-20,678
| -9% | -$1.96M |
|
635
American Airlines Group
AAL
$8.63B
| $19.1M | 0.01% |
1,094,906
+138,839
| +15% | +$2.42M |
|
636
Flowers Foods
FLO
$3.13B
| $19M | 0.01% |
919,272
+16,690
| +2% | +$345K |
|
637
Service Corp International
SCI
$10.9B
| $18.9M | 0.01% |
237,290
-19,154
| -7% | -$1.53M |
|
638
Ciena
CIEN
$16.5B
| $18.8M | 0.01% |
221,681
-15,807
| -7% | -$1.34M |
|
639
Western Union
WU
$2.86B
| $18.7M | 0.01% |
1,768,627
+102,823
| +6% | +$1.09M |
|
640
Super Micro Computer
SMCI
$24B
| $18.7M | 0.01% |
614,287
-256,743
| -29% | -$7.83M |
|
641
Toro Company
TTC
$7.99B
| $18.7M | 0.01% |
233,193
+83
| +0% | +$6.65K |
|
642
WIX.com
WIX
$8.52B
| $18.6M | 0.01% |
86,681
-4,719
| -5% | -$1.01M |
|
643
Blue Owl Capital
OWL
$11.6B
| $18.6M | 0.01% |
798,955
+38,879
| +5% | +$904K |
|
644
Entegris
ENTG
$12.4B
| $18.5M | 0.01% |
187,099
-11,731
| -6% | -$1.16M |
|
645
Duolingo
DUOL
$12.4B
| $18.5M | 0.01% |
57,124
+9,823
| +21% | +$3.18M |
|
646
Lincoln Electric
LECO
$13.5B
| $18.5M | 0.01% |
98,690
-6,587
| -6% | -$1.23M |
|
647
Sabra Healthcare REIT
SBRA
$4.56B
| $18.4M | 0.01% |
1,064,368
+18,834
| +2% | +$326K |
|
648
Eastman Chemical
EMN
$7.93B
| $18.4M | 0.01% |
201,808
-10,847
| -5% | -$991K |
|
649
Universal Health Services
UHS
$12.1B
| $18.4M | 0.01% |
102,532
-3,210
| -3% | -$576K |
|
650
TopBuild
BLD
$12.3B
| $18.4M | 0.01% |
58,988
-3,381
| -5% | -$1.05M |
|