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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$60.2M |
| 3 |
DXC Technology
DXC
|
$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$47.5M |
| 5 |
Amazon
AMZN
|
$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$170M |
| 2 |
Zoetis
ZTS
|
$75.8M |
| 3 |
Yum! Brands
YUM
|
$69M |
| 4 |
Wells Fargo
WFC
|
$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.86% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Ross Stores
ROST
$49.2B
| $55.7M | 0.09% |
964,400
+25,600
| +3% | +$1.48M |
|
|
BCR
227
DELISTED
CR Bard Inc.
BCR
| $55.2M | 0.09% |
174,700
+1,700
| +1% | +$537K |
|
228
Parker-Hannifin
PH
$94.5B
| $55M | 0.09% |
344,224
-2,100
| -0.6% | -$336K |
|
229
Ventas
VTR
$30.7B
| $54.8M | 0.09% |
789,312
-5,700
| -0.7% | -$396K |
|
230
Ameriprise Financial
AMP
$47.6B
| $54.8M | 0.09% |
430,628
-7,300
| -2% | -$929K |
|
231
KeyCorp
KEY
$20.7B
| $54.7M | 0.09% |
2,918,104
-92,600
| -3% | -$1.74M |
|
232
Lam Research
LRCX
$123B
| $54.6M | 0.09% |
386,400
+13,600
| +4% | +$1.92M |
|
|
ALXN
233
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $54.5M | 0.09% |
447,991
+9,300
| +2% | +$1.13M |
|
234
Roper Technologies
ROP
$56.2B
| $54.5M | 0.09% |
235,200
+13,500
| +6% | +$3.13M |
|
235
Edwards Lifesciences
EW
$47.5B
| $54.4M | 0.09% |
460,200
+300
| +0.1% | +$35.5K |
|
|
PXD
236
DELISTED
Pioneer Natural Resource Co.
PXD
| $54.4M | 0.09% |
340,909
-2,600
| -0.8% | -$415K |
|
237
Illumina
ILMN
$15.2B
| $53.8M | 0.09% |
310,100
+700
| +0.2% | +$122K |
|
238
Northern Trust
NTRS
$24.6B
| $53.6M | 0.09% |
551,459
-7,900
| -1% | -$768K |
|
239
Gen Digital
GEN
$18.1B
| $53.5M | 0.09% |
1,892,981
-52,500
| -3% | -$1.48M |
|
240
Omnicom Group
OMC
$15B
| $53.4M | 0.09% |
644,310
-3,300
| -0.5% | -$274K |
|
241
United Airlines
UAL
$34.4B
| $53.2M | 0.09% |
707,400
+30,400
| +4% | +$2.29M |
|
242
Newell Brands
NWL
$2.6B
| $52.8M | 0.08% |
985,482
+19,900
| +2% | +$1.07M |
|
243
O'Reilly Automotive
ORLY
$87.9B
| $52.5M | 0.08% |
240,200
+5,100
| +2% | +$1.12M |
|
244
PACCAR
PCAR
$50.4B
| $52.2M | 0.08% |
790,607
-12,800
| -2% | -$845K |
|
|
245
Zimmer Biomet
ZBH
$20.7B
| $52.1M | 0.08% |
406,000
-346,006
| -46% | -$44.4M |
|
246
Amphenol
APH
$134B
| $52M | 0.08% |
704,100
+11,400
| +2% | +$842K |
|
247
Kroger
KR
$44.9B
| $51.7M | 0.08% |
2,217,638
+101,600
| +5% | +$2.37M |
|
248
Williams Companies
WMB
$70.3B
| $51.1M | 0.08% |
1,688,800
+126,000
| +8% | +$3.82M |
|
249
Citizens Financial Group
CFG
$22.2B
| $51M | 0.08% |
1,429,700
-92,800
| -6% | -$3.31M |
|
250
Stanley Black & Decker
SWK
$11.2B
| $50.8M | 0.08% |
360,884
+12,100
| +3% | +$1.7M |
|