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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANSS
201
DELISTED
Ansys
ANSS
| $103M | 0.09% |
346,120
+149,496
| +76% | +$44.5M |
|
202
BioMarin Pharmaceuticals
BMRN
$10.9B
| $103M | 0.09% |
1,162,763
-4,568
| -0.4% | -$404K |
|
203
Akamai
AKAM
$11.1B
| $102M | 0.09% |
960,790
-605
| -0.1% | -$64.5K |
|
204
Airbnb
ABNB
$76.8B
| $102M | 0.09% |
742,321
+13,078
| +2% | +$1.79M |
|
205
SBA Communications
SBAC
$21B
| $101M | 0.09% |
505,656
+2,613
| +0.5% | +$523K |
|
206
Clorox
CLX
$15.2B
| $101M | 0.09% |
770,895
-1,588
| -0.2% | -$208K |
|
207
Valero Energy
VLO
$48.3B
| $99M | 0.09% |
698,820
+1,022
| +0.1% | +$145K |
|
208
FirstEnergy
FE
$25.1B
| $98.7M | 0.08% |
2,887,634
| – | – |
|
209
HCA Healthcare
HCA
$96.3B
| $98.7M | 0.08% |
401,114
-9,403
| -2% | -$2.31M |
|
210
Freeport-McMoran
FCX
$66.1B
| $98.5M | 0.08% |
2,641,781
+33,299
| +1% | +$1.24M |
|
211
CMS Energy
CMS
$21.4B
| $97.4M | 0.08% |
1,833,803
+27,644
| +2% | +$1.47M |
|
212
Garmin
GRMN
$45.7B
| $97.4M | 0.08% |
925,441
+15,923
| +2% | +$1.68M |
|
213
Target
TGT
$42.1B
| $97.3M | 0.08% |
879,929
+7,111
| +0.8% | +$786K |
|
214
CenterPoint Energy
CNP
$24.5B
| $97.2M | 0.08% |
3,618,686
+2,304,183
| +175% | +$61.9M |
|
215
Jabil
JBL
$22.3B
| $97.1M | 0.08% |
765,058
+211,078
| +38% | +$26.8M |
|
216
Hologic
HOLX
$14.8B
| $96.8M | 0.08% |
1,394,856
+69,640
| +5% | +$4.83M |
|
217
Parker-Hannifin
PH
$95.9B
| $96.7M | 0.08% |
248,204
-246
| -0.1% | -$95.8K |
|
218
US Bancorp
USB
$76.5B
| $96.5M | 0.08% |
2,917,451
+103,517
| +4% | +$3.42M |
|
219
NetApp
NTAP
$23.7B
| $95.9M | 0.08% |
1,264,200
+55,353
| +5% | +$4.2M |
|
220
PTC
PTC
$25.5B
| $95.9M | 0.08% |
676,546
+54,517
| +9% | +$7.72M |
|
221
Kellanova
K
$27.6B
| $95.5M | 0.08% |
1,708,352
-4,716
| -0.3% | -$264K |
|
222
Chipotle Mexican Grill
CMG
$55.5B
| $95.4M | 0.08% |
2,603,000
-11,450
| -0.4% | -$419K |
|
223
Moody's
MCO
$89.6B
| $95.3M | 0.08% |
301,504
+2,673
| +0.9% | +$845K |
|
224
Marriott International Class A Common Stock
MAR
$73B
| $93.9M | 0.08% |
477,862
-537
| -0.1% | -$106K |
|
225
Atmos Energy
ATO
$26.5B
| $93.9M | 0.08% |
886,404
+7,789
| +0.9% | +$825K |
|