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 | |
|---|---|---|---|---|---|---|
751
Exact Sciences
EXAS
$10.2B
| $13.3M | 0.01% |
237,319
-14,145
| -6% | -$795K |
|
752
Core & Main
CNM
$12.7B
| $13.3M | 0.01% |
260,788
-104,976
| -29% | -$5.34M |
|
753
Onto Innovation
ONTO
$5.1B
| $13.3M | 0.01% |
79,557
-7,922
| -9% | -$1.32M |
|
754
Donaldson
DCI
$9.44B
| $13.3M | 0.01% |
196,775
-27,544
| -12% | -$1.86M |
|
755
SEI Investments
SEIC
$10.8B
| $13.2M | 0.01% |
160,101
-7,494
| -4% | -$618K |
|
756
Axalta
AXTA
$6.89B
| $13.2M | 0.01% |
385,698
-45,021
| -10% | -$1.54M |
|
757
Rexford Industrial Realty
REXR
$10.2B
| $13.2M | 0.01% |
341,192
-25,323
| -7% | -$979K |
|
758
Coca-Cola Consolidated
COKE
$10.5B
| $13.2M | 0.01% |
104,450
+1,780
| +2% | +$224K |
|
759
Universal Display
OLED
$6.91B
| $13.1M | 0.01% |
89,380
-4,158
| -4% | -$608K |
|
760
Popular Inc
BPOP
$8.47B
| $13.1M | 0.01% |
138,870
-12,195
| -8% | -$1.15M |
|
761
Wendy's
WEN
$1.97B
| $13.1M | 0.01% |
801,070
+35,016
| +5% | +$571K |
|
762
EastGroup Properties
EGP
$8.97B
| $13M | 0.01% |
81,270
+690
| +0.9% | +$111K |
|
763
Southern Copper
SCCO
$83.6B
| $13M | 0.01% |
146,853
-14,353
| -9% | -$1.27M |
|
|
CNH
764
CNH Industrial
CNH
$14.3B
| $13M | 0.01% |
1,148,290
-417,985
| -27% | -$4.74M |
|
765
Zions Bancorporation
ZION
$8.34B
| $13M | 0.01% |
239,594
-11,002
| -4% | -$597K |
|
766
SouthState Bank Corporation
SSB
$10.4B
| $12.9M | 0.01% |
129,755
-11,297
| -8% | -$1.12M |
|
767
Crane Co
CR
$10.6B
| $12.9M | 0.01% |
84,810
-7,744
| -8% | -$1.18M |
|
768
Robert Half
RHI
$3.77B
| $12.8M | 0.01% |
182,166
-12,757
| -7% | -$899K |
|
769
Frontier Communications
FYBR
$9.33B
| $12.8M | 0.01% |
369,607
-58,776
| -14% | -$2.04M |
|
770
UFP Industries
UFPI
$6.08B
| $12.8M | 0.01% |
113,731
-10,565
| -8% | -$1.19M |
|
771
Hasbro
HAS
$11.2B
| $12.8M | 0.01% |
228,801
-8,507
| -4% | -$476K |
|
772
Flowserve
FLS
$7.22B
| $12.8M | 0.01% |
222,346
-13,114
| -6% | -$754K |
|
773
APi Group
APG
$14.5B
| $12.8M | 0.01% |
533,087
-29,002
| -5% | -$695K |
|
774
WEX
WEX
$5.87B
| $12.7M | 0.01% |
72,721
-4,384
| -6% | -$769K |
|
775
Louisiana-Pacific
LPX
$6.9B
| $12.7M | 0.01% |
122,836
-6,284
| -5% | -$651K |
|