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 |
Gilead Sciences
GILD
|
$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
$408M |
| 4 |
Adobe
ADBE
|
$333M |
| 5 |
T-Mobile US
TMUS
|
$205M |
Top Sells
| 1 |
Apple
AAPL
|
$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$146M |
| 3 |
Sysco
SYY
|
$144M |
| 4 |
AGN
Allergan plc
AGN
|
$134M |
| 5 |
Welltower
WELL
|
$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Edwards Lifesciences
EW
$47.5B
| $95.6M | 0.09% |
1,382,787
-24,180
| -2% | -$1.67M |
|
227
NVR
NVR
$23.5B
| $94.8M | 0.09% |
29,084
+145
| +0.5% | +$473K |
|
228
Estee Lauder
EL
$32.1B
| $94.5M | 0.09% |
500,743
+3,728
| +0.8% | +$703K |
|
229
Tyson Foods
TSN
$20B
| $92.9M | 0.09% |
1,556,067
+58,145
| +4% | +$3.47M |
|
230
UDR
UDR
$13B
| $92.3M | 0.09% |
2,470,221
+4,842
| +0.2% | +$181K |
|
231
Mercado Libre
MELI
$123B
| $92.3M | 0.09% |
93,653
-7,687
| -8% | -$7.58M |
|
232
Booz Allen Hamilton
BAH
$12.6B
| $91.5M | 0.09% |
1,175,670
-6,047
| -0.5% | -$470K |
|
233
Equity Lifestyle Properties
ELS
$12B
| $91.1M | 0.09% |
1,457,417
-768
| -0.1% | -$48K |
|
|
BKI
234
DELISTED
Black Knight, Inc. Common Stock
BKI
| $90.5M | 0.09% |
1,247,807
-1,310
| -0.1% | -$95.1K |
|
235
Roper Technologies
ROP
$55.8B
| $90.4M | 0.09% |
232,897
+1,793
| +0.8% | +$696K |
|
236
C.H. Robinson
CHRW
$14.9B
| $89.5M | 0.09% |
1,131,843
+21,623
| +2% | +$1.71M |
|
237
DuPont de Nemours
DD
$32.6B
| $87.9M | 0.09% |
1,654,396
-25,918
| -2% | -$1.38M |
|
238
Charles Schwab
SCHW
$167B
| $87.5M | 0.09% |
2,592,640
+2,510
| +0.1% | +$84.7K |
|
239
Zoom
ZM
$25B
| $86.5M | 0.09% |
341,358
+280,288
| +459% | +$71.1M |
|
240
Uber
UBER
$190B
| $86.4M | 0.09% |
2,781,100
+835,400
| +43% | +$26M |
|
241
Cboe Global Markets
CBOE
$24.3B
| $86.4M | 0.09% |
926,402
-7,775
| -0.8% | -$725K |
|
242
General Dynamics
GD
$86.8B
| $85.2M | 0.08% |
570,037
-6,213
| -1% | -$929K |
|
243
Electronic Arts
EA
$42.2B
| $84.3M | 0.08% |
638,527
-2,116
| -0.3% | -$279K |
|
244
DexCom
DXCM
$31.6B
| $83.3M | 0.08% |
822,228
+77,148
| +10% | +$7.82M |
|
245
Emerson Electric
EMR
$74.6B
| $83.2M | 0.08% |
1,341,933
-42,733
| -3% | -$2.65M |
|
246
Cincinnati Financial
CINF
$24B
| $82.4M | 0.08% |
1,286,191
+44,088
| +4% | +$2.82M |
|
247
Centene
CNC
$14.2B
| $82M | 0.08% |
1,291,009
+96,057
| +8% | +$6.1M |
|
248
Brown & Brown
BRO
$31.3B
| $81.9M | 0.08% |
2,009,528
+48,868
| +2% | +$1.99M |
|
249
Blackstone
BX
$133B
| $81.8M | 0.08% |
1,443,576
-8,111
| -0.6% | -$460K |
|
250
eBay
EBAY
$42.3B
| $81.6M | 0.08% |
1,556,395
-188,081
| -11% | -$9.86M |
|