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 |
Walmart
WMT
|
$250M |
| 2 |
Amphenol
APH
|
$147M |
| 3 |
Target
TGT
|
$142M |
| 4 |
Abbott
ABT
|
$113M |
| 5 |
Verizon
VZ
|
$87.4M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Entergy
ETR
$39.3B
| $154M | 0.12% |
1,552,824
-66,792
| -4% | -$6.64M |
|
177
Waste Connections
WCN
$47.5B
| $154M | 0.12% |
1,422,425
-76,292
| -5% | -$8.24M |
|
178
Cooper Companies
COO
$13.4B
| $152M | 0.12% |
394,796
-17,169
| -4% | -$6.59M |
|
179
Estee Lauder
EL
$33B
| $151M | 0.12% |
520,242
-8,997
| -2% | -$2.62M |
|
|
180
Ross Stores
ROST
$48.1B
| $150M | 0.11% |
1,254,812
-1,398,821
| -53% | -$168M |
|
181
Garmin
GRMN
$46.5B
| $143M | 0.11% |
1,083,291
-12,195
| -1% | -$1.61M |
|
182
Liberty Broadband Class C
LBRDK
$8.73B
| $142M | 0.11% |
944,749
-28,906
| -3% | -$4.34M |
|
183
MarketAxess Holdings
MKTX
$6.87B
| $142M | 0.11% |
284,811
+115,417
| +68% | +$57.5M |
|
184
Autodesk
ADSK
$67.3B
| $141M | 0.11% |
508,377
-16,268
| -3% | -$4.51M |
|
185
Sherwin-Williams
SHW
$91.2B
| $140M | 0.11% |
190,227
-6,648
| -3% | -$4.91M |
|
186
Invitation Homes
INVH
$19.2B
| $139M | 0.11% |
4,337,551
-194,974
| -4% | -$6.24M |
|
187
Capital One
COF
$145B
| $138M | 0.11% |
1,084,373
-2,649
| -0.2% | -$337K |
|
188
Broadridge
BR
$29.9B
| $138M | 0.1% |
900,242
-28,194
| -3% | -$4.32M |
|
|
SGEN
189
DELISTED
Seagen Inc. Common Stock
SGEN
| $136M | 0.1% |
980,989
-17,623
| -2% | -$2.45M |
|
190
CMS Energy
CMS
$21.4B
| $135M | 0.1% |
2,212,691
-91,122
| -4% | -$5.58M |
|
191
Northrop Grumman
NOC
$84.5B
| $135M | 0.1% |
417,163
-17,497
| -4% | -$5.66M |
|
192
O'Reilly Automotive
ORLY
$88B
| $134M | 0.1% |
265,035
-9,884
| -4% | -$5.01M |
|
193
Quest Diagnostics
DGX
$20.3B
| $134M | 0.1% |
1,045,887
-40,403
| -4% | -$5.19M |
|
194
Tyler Technologies
TYL
$24.4B
| $134M | 0.1% |
315,203
-8,885
| -3% | -$3.77M |
|
195
Analog Devices
ADI
$124B
| $132M | 0.1% |
853,849
-22,858
| -3% | -$3.54M |
|
196
Extra Space Storage
EXR
$30.5B
| $132M | 0.1% |
996,382
-39,652
| -4% | -$5.26M |
|
197
Illumina
ILMN
$15.8B
| $132M | 0.1% |
343,460
-8,264
| -2% | -$3.17M |
|
198
Nasdaq
NDAQ
$54.4B
| $131M | 0.1% |
891,033
-36,271
| -4% | -$5.35M |
|
199
Baidu
BIDU
$32.8B
| $131M | 0.1% |
601,226
-25,426
| -4% | -$5.53M |
|
200
Genuine Parts
GPC
$19.4B
| $131M | 0.1% |
1,129,161
-30,758
| -3% | -$3.56M |
|