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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
PNC Financial Services
PNC
$81.7B
| $94.3M | 0.08% |
748,636
-45,916
| -6% | -$5.78M |
|
227
Booz Allen Hamilton
BAH
$12.7B
| $94M | 0.08% |
842,456
-37,806
| -4% | -$4.22M |
|
228
Cboe Global Markets
CBOE
$24.5B
| $93.8M | 0.08% |
679,667
-18,077
| -3% | -$2.49M |
|
229
Airbnb
ABNB
$76.8B
| $93.5M | 0.08% |
729,243
+24,267
| +3% | +$3.11M |
|
|
PXD
230
DELISTED
Pioneer Natural Resource Co.
PXD
| $93.2M | 0.08% |
449,799
-22,021
| -5% | -$4.56M |
|
231
US Bancorp
USB
$76.5B
| $93M | 0.08% |
2,813,934
+109,575
| +4% | +$3.62M |
|
232
NetApp
NTAP
$23.7B
| $92.4M | 0.08% |
1,208,847
+783,845
| +184% | +$59.9M |
|
233
Marvell Technology
MRVL
$55.3B
| $92.2M | 0.08% |
1,542,500
-71,350
| -4% | -$4.27M |
|
234
Fortinet
FTNT
$58.6B
| $91.8M | 0.08% |
1,214,166
-29,266
| -2% | -$2.21M |
|
235
DexCom
DXCM
$31.7B
| $91.1M | 0.08% |
709,076
-12,327
| -2% | -$1.58M |
|
236
TransDigm Group
TDG
$72.2B
| $88.8M | 0.08% |
99,331
-4,340
| -4% | -$3.88M |
|
237
PTC
PTC
$25.5B
| $88.5M | 0.08% |
622,029
+228,828
| +58% | +$32.6M |
|
238
Marriott International Class A Common Stock
MAR
$73B
| $87.9M | 0.08% |
478,399
-39,906
| -8% | -$7.33M |
|
239
HP
HPQ
$27B
| $87.6M | 0.08% |
2,853,686
+842,460
| +42% | +$25.9M |
|
240
Akamai
AKAM
$11.1B
| $86.4M | 0.07% |
961,395
-24,128
| -2% | -$2.17M |
|
241
Cooper Companies
COO
$13.5B
| $86.3M | 0.07% |
900,004
-367,880
| -29% | -$35.3M |
|
242
Estee Lauder
EL
$31.5B
| $85.7M | 0.07% |
436,532
-22,698
| -5% | -$4.46M |
|
243
Alexandria Real Estate Equities
ARE
$14.2B
| $85.5M | 0.07% |
753,118
+663
| +0.1% | +$75.2K |
|
244
Autodesk
ADSK
$68.1B
| $85M | 0.07% |
415,424
-13,704
| -3% | -$2.8M |
|
245
Evergy
EVRG
$16.5B
| $84.8M | 0.07% |
1,451,328
-21,484
| -1% | -$1.26M |
|
246
PACCAR
PCAR
$51.6B
| $84.8M | 0.07% |
1,013,235
-17,099
| -2% | -$1.43M |
|
247
Ecolab
ECL
$78B
| $84.5M | 0.07% |
452,638
-19,858
| -4% | -$3.71M |
|
248
Cintas
CTAS
$83.4B
| $84.5M | 0.07% |
679,716
-56,796
| -8% | -$7.06M |
|
249
Ametek
AME
$43.4B
| $84.2M | 0.07% |
519,906
-9,407
| -2% | -$1.52M |
|
250
Workday
WDAY
$61.7B
| $83.3M | 0.07% |
368,733
-42,197
| -10% | -$9.53M |
|