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 |
Netflix
NFLX
|
$376M |
| 2 |
Charter Communications
CHTR
|
$360M |
| 3 |
Costco
COST
|
$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$185M |
| 5 |
Microsoft
MSFT
|
$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$174M |
| 3 |
Labcorp
LH
|
$151M |
| 4 |
Stryker
SYK
|
$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
NXP Semiconductors
NXPI
$57.2B
| $118M | 0.09% |
600,879
-25,459
| -4% | -$4.99M |
|
227
Align Technology
ALGN
$10.1B
| $117M | 0.09% |
176,395
-268
| -0.2% | -$178K |
|
228
KLA
KLAC
$119B
| $115M | 0.09% |
344,145
-2,464
| -0.7% | -$824K |
|
229
Chipotle Mexican Grill
CMG
$55.1B
| $114M | 0.09% |
3,147,950
-13,000
| -0.4% | -$473K |
|
230
Humana
HUM
$37B
| $112M | 0.08% |
288,059
-5,722
| -2% | -$2.23M |
|
231
Corpay
CPAY
$22.4B
| $111M | 0.08% |
425,634
+3,900
| +0.9% | +$1.02M |
|
232
General Dynamics
GD
$86.8B
| $111M | 0.08% |
564,850
-2,920
| -0.5% | -$572K |
|
233
Johnson Controls International
JCI
$69.5B
| $111M | 0.08% |
1,626,183
-3,971
| -0.2% | -$270K |
|
234
Evergy
EVRG
$16.5B
| $110M | 0.08% |
1,773,948
+25,053
| +1% | +$1.56M |
|
235
Freeport-McMoran
FCX
$66.5B
| $110M | 0.08% |
3,379,779
+70,359
| +2% | +$2.29M |
|
236
Marvell Technology
MRVL
$54.6B
| $109M | 0.08% |
1,812,654
+8,805
| +0.5% | +$531K |
|
237
MSCI
MSCI
$42.9B
| $109M | 0.08% |
179,621
-509
| -0.3% | -$310K |
|
238
DocuSign
DOCU
$16.1B
| $109M | 0.08% |
422,834
+35,587
| +9% | +$9.16M |
|
239
Alliant Energy
LNT
$16.6B
| $109M | 0.08% |
1,944,047
+23,369
| +1% | +$1.31M |
|
240
BioMarin Pharmaceuticals
BMRN
$11.1B
| $109M | 0.08% |
1,403,799
+107,359
| +8% | +$8.3M |
|
241
Masimo
MASI
$8B
| $108M | 0.08% |
400,556
+2,493
| +0.6% | +$675K |
|
242
EOG Resources
EOG
$64.4B
| $108M | 0.08% |
1,349,315
-6,890
| -0.5% | -$553K |
|
243
CrowdStrike
CRWD
$105B
| $107M | 0.08% |
435,751
+72,851
| +20% | +$17.9M |
|
244
Twilio
TWLO
$16.7B
| $107M | 0.08% |
335,447
+6,541
| +2% | +$2.09M |
|
245
DexCom
DXCM
$31.6B
| $107M | 0.08% |
780,288
-1,500
| -0.2% | -$205K |
|
246
American International
AIG
$43.9B
| $106M | 0.08% |
1,940,187
-2,929
| -0.2% | -$161K |
|
|
TWTR
247
DELISTED
Twitter, Inc.
TWTR
| $105M | 0.08% |
1,745,337
-2,162
| -0.1% | -$131K |
|
248
Roper Technologies
ROP
$55.8B
| $104M | 0.08% |
233,882
-798
| -0.3% | -$356K |
|
249
Global Payments
GPN
$21.3B
| $104M | 0.08% |
659,959
-245,888
| -27% | -$38.7M |
|
250
Veeva Systems
VEEV
$44.7B
| $104M | 0.08% |
360,117
+2,664
| +0.7% | +$768K |
|