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 | |
|---|---|---|---|---|---|---|
651
Molson Coors Class B
TAP
$9.71B
| $21.9M | 0.02% |
407,830
-31,000
| -7% | -$1.66M |
|
652
Franklin Resources
BEN
$12.9B
| $21.8M | 0.02% |
681,192
+2,725
| +0.4% | +$87.2K |
|
653
HEICO Class A
HEI.A
$35.3B
| $21.7M | 0.02% |
174,790
-7,090
| -4% | -$880K |
|
654
Dropbox
DBX
$8.34B
| $21.6M | 0.02% |
712,329
+134,506
| +23% | +$4.08M |
|
655
Liberty Media Series C
FWONK
$25.5B
| $21.6M | 0.02% |
462,912
-23,070
| -5% | -$1.08M |
|
656
Universal Display
OLED
$6.56B
| $21.6M | 0.02% |
97,004
-4,423
| -4% | -$983K |
|
|
ZNGA
657
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $21.5M | 0.02% |
2,026,188
-78,034
| -4% | -$829K |
|
658
Guidewire Software
GWRE
$21.3B
| $21.4M | 0.02% |
190,285
-8,573
| -4% | -$966K |
|
659
Watsco
WSO
$16.1B
| $21.4M | 0.02% |
74,667
-2,330
| -3% | -$668K |
|
|
NLSN
660
DELISTED
Nielsen Holdings plc
NLSN
| $21.4M | 0.02% |
866,523
+8,329
| +1% | +$205K |
|
661
Middleby
MIDD
$7.03B
| $21.4M | 0.02% |
123,228
-4,925
| -4% | -$853K |
|
662
First Solar
FSLR
$21.8B
| $21.3M | 0.02% |
235,507
+16,025
| +7% | +$1.45M |
|
663
Aecom
ACM
$16.9B
| $21.3M | 0.02% |
336,439
-11,474
| -3% | -$727K |
|
664
Invesco
IVZ
$10.1B
| $21.2M | 0.02% |
791,568
-72,569
| -8% | -$1.94M |
|
665
Western Alliance Bancorporation
WAL
$9.9B
| $21.1M | 0.02% |
227,546
+1,890
| +0.8% | +$175K |
|
666
Cable One
CABO
$1B
| $21.1M | 0.02% |
11,043
-499
| -4% | -$954K |
|
667
Vistra
VST
$69.1B
| $21.1M | 0.02% |
1,137,825
-73,407
| -6% | -$1.36M |
|
|
AZPN
668
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $21.1M | 0.02% |
153,298
-5,393
| -3% | -$742K |
|
|
BERY
669
DELISTED
Berry Global Group, Inc.
BERY
| $21.1M | 0.02% |
351,781
-6,602
| -2% | -$395K |
|
670
CubeSmart
CUBE
$9.49B
| $20.9M | 0.02% |
451,689
-4,419
| -1% | -$205K |
|
|
DISCK
671
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $20.9M | 0.02% |
721,937
+4,696
| +0.7% | +$136K |
|
672
Lamar Advertising Co
LAMR
$13B
| $20.8M | 0.02% |
199,008
-5,776
| -3% | -$603K |
|
673
Manhattan Associates
MANH
$13.3B
| $20.8M | 0.02% |
143,311
-6,495
| -4% | -$941K |
|
674
Sealed Air
SEE
$4.99B
| $20.7M | 0.02% |
349,093
-20,345
| -6% | -$1.21M |
|
675
AptarGroup
ATR
$9.03B
| $20.7M | 0.02% |
146,683
-1,745
| -1% | -$246K |
|