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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Check Point Software Technologies
CHKP
$20.4B
| $93.2M | 0.09% |
765,047
-31,286
| -4% | -$3.81M |
|
227
McKesson
MCK
$85.9B
| $93M | 0.09% |
284,951
-20,377
| -7% | -$6.65M |
|
228
Gen Digital
GEN
$18.2B
| $91.9M | 0.09% |
4,186,746
-90,593
| -2% | -$1.99M |
|
229
Synopsys
SNPS
$111B
| $90.9M | 0.09% |
299,191
-13,485
| -4% | -$4.1M |
|
230
Marathon Petroleum
MPC
$54.4B
| $90.1M | 0.08% |
1,096,431
-173,691
| -14% | -$14.3M |
|
231
Cboe Global Markets
CBOE
$24.5B
| $89.5M | 0.08% |
790,450
-16,015
| -2% | -$1.81M |
|
232
Booz Allen Hamilton
BAH
$12.7B
| $88.9M | 0.08% |
984,355
-19,566
| -2% | -$1.77M |
|
|
CTXS
233
DELISTED
Citrix Systems Inc
CTXS
| $88.9M | 0.08% |
914,842
-26,437
| -3% | -$2.57M |
|
234
Zoom
ZM
$24.9B
| $88.6M | 0.08% |
821,014
-152,219
| -16% | -$16.4M |
|
235
Emerson Electric
EMR
$74.4B
| $88.2M | 0.08% |
1,109,114
-69,144
| -6% | -$5.5M |
|
236
General Motors
GM
$55.2B
| $87.6M | 0.08% |
2,756,994
-65,276
| -2% | -$2.07M |
|
237
Ford
F
$46.4B
| $87.1M | 0.08% |
7,825,914
-332,396
| -4% | -$3.7M |
|
|
238
Warner Bros
WBD
$29.1B
| $86.5M | 0.08% |
+6,443,610
| New | +$86.5M |
|
239
NiSource
NI
$18.5B
| $85.8M | 0.08% |
2,910,585
-63,437
| -2% | -$1.87M |
|
240
Constellation Brands
STZ
$25.7B
| $85.7M | 0.08% |
367,743
+45,025
| +14% | +$10.5M |
|
241
Archer Daniels Midland
ADM
$29.6B
| $85.5M | 0.08% |
1,102,180
-46,977
| -4% | -$3.65M |
|
242
Valero Energy
VLO
$48.5B
| $84.7M | 0.08% |
796,478
-29,906
| -4% | -$3.18M |
|
243
Moody's
MCO
$89.4B
| $84.5M | 0.08% |
310,872
-15,741
| -5% | -$4.28M |
|
244
Sysco
SYY
$39.2B
| $83.8M | 0.08% |
988,731
-54,759
| -5% | -$4.64M |
|
245
Capital One
COF
$144B
| $82.9M | 0.08% |
795,838
-72,677
| -8% | -$7.57M |
|
246
MetLife
MET
$54.4B
| $82.8M | 0.08% |
1,319,277
-130,473
| -9% | -$8.19M |
|
247
Freeport-McMoran
FCX
$66.1B
| $82.5M | 0.08% |
2,818,202
-197,221
| -7% | -$5.77M |
|
248
Labcorp
LH
$22.8B
| $80.8M | 0.08% |
401,332
+175,473
| +78% | +$35.3M |
|
249
Bio-Rad Laboratories Class A
BIO
$7.81B
| $80.7M | 0.08% |
163,009
-2,696
| -2% | -$1.33M |
|
250
IQVIA
IQV
$31B
| $80.5M | 0.08% |
370,884
-21,430
| -5% | -$4.65M |
|