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 | |
|---|---|---|---|---|---|---|
226
Expeditors International
EXPD
$16.4B
| $117M | 0.09% |
1,086,991
+453,490
| +72% | +$48.8M |
|
227
Teladoc Health
TDOC
$1.35B
| $116M | 0.09% |
640,090
+176,284
| +38% | +$32M |
|
228
Boston Scientific
BSX
$158B
| $116M | 0.09% |
3,001,972
-131,274
| -4% | -$5.07M |
|
|
TWTR
229
DELISTED
Twitter, Inc.
TWTR
| $116M | 0.09% |
1,818,222
-37,565
| -2% | -$2.39M |
|
230
Corpay
CPAY
$22.4B
| $115M | 0.09% |
429,145
-8,135
| -2% | -$2.19M |
|
231
Ford
F
$46.6B
| $115M | 0.09% |
9,378,842
+38,740
| +0.4% | +$475K |
|
232
Twilio
TWLO
$16B
| $114M | 0.09% |
335,117
+1,656
| +0.5% | +$564K |
|
233
Dow Inc
DOW
$17.3B
| $113M | 0.09% |
1,770,970
-84,819
| -5% | -$5.42M |
|
234
Domino's
DPZ
$15.9B
| $112M | 0.09% |
305,503
-12,790
| -4% | -$4.7M |
|
235
Moody's
MCO
$89.4B
| $111M | 0.08% |
372,574
-15,743
| -4% | -$4.7M |
|
236
MetLife
MET
$53.6B
| $111M | 0.08% |
1,827,182
-101,644
| -5% | -$6.18M |
|
237
J.M. Smucker
SJM
$11.7B
| $111M | 0.08% |
877,702
-37,821
| -4% | -$4.79M |
|
238
Freeport-McMoran
FCX
$64.5B
| $109M | 0.08% |
3,322,875
-146,227
| -4% | -$4.82M |
|
239
Edwards Lifesciences
EW
$48B
| $109M | 0.08% |
1,298,823
-60,928
| -4% | -$5.1M |
|
240
Hormel Foods
HRL
$13.8B
| $108M | 0.08% |
2,263,726
-89,602
| -4% | -$4.28M |
|
241
NIO
NIO
$14.8B
| $108M | 0.08% |
2,773,413
+194,043
| +8% | +$7.56M |
|
242
General Dynamics
GD
$87.3B
| $106M | 0.08% |
583,612
-22,268
| -4% | -$4.04M |
|
243
Evergy
EVRG
$16.4B
| $105M | 0.08% |
1,762,208
-75,817
| -4% | -$4.51M |
|
244
Alliant Energy
LNT
$16.6B
| $104M | 0.08% |
1,928,363
-84,276
| -4% | -$4.56M |
|
245
Biogen
BIIB
$20.5B
| $104M | 0.08% |
372,703
-15,019
| -4% | -$4.2M |
|
246
Workday
WDAY
$61.1B
| $103M | 0.08% |
413,265
-5,933
| -1% | -$1.47M |
|
247
F5
FFIV
$17.6B
| $101M | 0.08% |
483,205
-13,402
| -3% | -$2.8M |
|
248
C.H. Robinson
CHRW
$15.2B
| $101M | 0.08% |
1,055,372
-31,424
| -3% | -$3M |
|
249
Sea Limited
SE
$106B
| $101M | 0.08% |
450,895
-18,974
| -4% | -$4.24M |
|
250
Leidos
LDOS
$23.2B
| $100M | 0.08% |
1,042,961
-50,212
| -5% | -$4.83M |
|