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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Alliant Energy
LNT
$16.6B
| $94.2M | 0.09% |
1,777,239
-49,161
| -3% | -$2.61M |
|
227
HCA Healthcare
HCA
$95.4B
| $93.7M | 0.09% |
509,740
+50,594
| +11% | +$9.3M |
|
228
Gartner
IT
$18.8B
| $93.2M | 0.09% |
336,915
+166,190
| +97% | +$46M |
|
229
Chipotle Mexican Grill
CMG
$56B
| $92.8M | 0.09% |
61,739
+5,891
| +11% | +$8.85M |
|
230
Autodesk
ADSK
$67.9B
| $91.7M | 0.08% |
491,131
+64,664
| +15% | +$12.1M |
|
231
Devon Energy
DVN
$22.3B
| $91.1M | 0.08% |
1,514,825
+230,809
| +18% | +$13.9M |
|
232
Digital Realty Trust
DLR
$55.1B
| $91M | 0.08% |
917,177
+128,608
| +16% | +$12.8M |
|
233
Akamai
AKAM
$11.1B
| $90.9M | 0.08% |
1,131,963
-44,985
| -4% | -$3.61M |
|
234
Airbnb
ABNB
$76.5B
| $90.5M | 0.08% |
+861,206
| New | +$90.5M |
|
235
Pool Corp
POOL
$11.4B
| $90.1M | 0.08% |
283,227
-7,937
| -3% | -$2.53M |
|
236
Moderna
MRNA
$9.36B
| $90M | 0.08% |
761,480
+105,663
| +16% | +$12.5M |
|
237
Dollar Tree
DLTR
$21.3B
| $89.9M | 0.08% |
660,765
-59,821
| -8% | -$8.14M |
|
238
Cboe Global Markets
CBOE
$24.6B
| $89.2M | 0.08% |
760,388
-30,062
| -4% | -$3.53M |
|
239
Agilent Technologies
A
$35.5B
| $89.1M | 0.08% |
733,127
+109,604
| +18% | +$13.3M |
|
240
Freeport-McMoran
FCX
$66.3B
| $89M | 0.08% |
3,257,376
+439,174
| +16% | +$12M |
|
241
Booz Allen Hamilton
BAH
$13.2B
| $89M | 0.08% |
963,509
-20,846
| -2% | -$1.93M |
|
242
Phillips 66
PSX
$52.8B
| $88.9M | 0.08% |
1,101,479
+184,589
| +20% | +$14.9M |
|
243
C.H. Robinson
CHRW
$15.2B
| $87.8M | 0.08% |
911,157
-40,628
| -4% | -$3.91M |
|
244
NXP Semiconductors
NXPI
$57.5B
| $87.8M | 0.08% |
594,882
+84,331
| +17% | +$12.4M |
|
245
Incyte
INCY
$17B
| $87.6M | 0.08% |
1,314,796
-29,466
| -2% | -$1.96M |
|
246
Marriott International Class A Common Stock
MAR
$72B
| $86.8M | 0.08% |
619,162
+99,716
| +19% | +$14M |
|
247
Moody's
MCO
$89B
| $86.7M | 0.08% |
356,473
+45,601
| +15% | +$11.1M |
|
248
CDW
CDW
$21.4B
| $86M | 0.08% |
551,217
+287,957
| +109% | +$44.9M |
|
249
Hologic
HOLX
$14.7B
| $85.7M | 0.08% |
1,327,540
+306,433
| +30% | +$19.8M |
|
250
Workday
WDAY
$62.3B
| $84.9M | 0.08% |
558,054
+58,736
| +12% | +$8.94M |
|