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 | |
|---|---|---|---|---|---|---|
251
Johnson Controls International
JCI
$69.3B
| $100M | 0.08% |
1,677,031
-62,833
| -4% | -$3.75M |
|
252
EOG Resources
EOG
$68.8B
| $99.9M | 0.08% |
1,378,042
-93,555
| -6% | -$6.79M |
|
253
Snap
SNAP
$12.4B
| $99.6M | 0.08% |
1,903,912
-247,645
| -12% | -$12.9M |
|
254
HP
HPQ
$27.1B
| $99.2M | 0.08% |
3,125,769
-323,774
| -9% | -$10.3M |
|
255
TE Connectivity
TEL
$60.4B
| $98.3M | 0.07% |
761,474
-24,628
| -3% | -$3.18M |
|
256
Bio-Rad Laboratories Class A
BIO
$7.87B
| $98.2M | 0.07% |
171,939
-4,007
| -2% | -$2.29M |
|
257
eBay
EBAY
$41.1B
| $98.2M | 0.07% |
1,602,714
-65,397
| -4% | -$4M |
|
258
Align Technology
ALGN
$9.94B
| $98M | 0.07% |
181,007
-5,328
| -3% | -$2.89M |
|
259
Blackstone
BX
$132B
| $97.8M | 0.07% |
1,311,614
-220,715
| -14% | -$16.4M |
|
|
WBA
260
DELISTED
Walgreens Boots Alliance
WBA
| $96.8M | 0.07% |
1,763,094
+14,578
| +0.8% | +$800K |
|
261
Idexx Laboratories
IDXX
$51.2B
| $96.3M | 0.07% |
196,784
-5,138
| -3% | -$2.51M |
|
262
Atmos Energy
ATO
$26.6B
| $96.2M | 0.07% |
973,339
+1,641
| +0.2% | +$162K |
|
263
Roper Technologies
ROP
$55.9B
| $96.2M | 0.07% |
238,437
-9,545
| -4% | -$3.85M |
|
264
DuPont de Nemours
DD
$31.7B
| $95.7M | 0.07% |
1,238,568
-522,486
| -30% | -$40.4M |
|
265
Check Point Software Technologies
CHKP
$20.4B
| $95.3M | 0.07% |
851,318
-35,200
| -4% | -$3.94M |
|
266
FirstEnergy
FE
$25.1B
| $95M | 0.07% |
2,739,291
-89,598
| -3% | -$3.11M |
|
267
Veeva Systems
VEEV
$44.1B
| $94.4M | 0.07% |
361,183
+12,441
| +4% | +$3.25M |
|
268
Parker-Hannifin
PH
$95B
| $93M | 0.07% |
294,913
-11,790
| -4% | -$3.72M |
|
269
Chipotle Mexican Grill
CMG
$56B
| $92.3M | 0.07% |
64,954
-1,842
| -3% | -$2.62M |
|
270
ZTO Express
ZTO
$14.3B
| $92M | 0.07% |
3,156,879
-140,200
| -4% | -$4.09M |
|
271
Marriott International Class A Common Stock
MAR
$71.8B
| $91.8M | 0.07% |
619,896
-27,719
| -4% | -$4.11M |
|
272
American International
AIG
$44.9B
| $91.6M | 0.07% |
1,981,205
-95,057
| -5% | -$4.39M |
|
273
Bank of New York Mellon
BK
$73.8B
| $90.9M | 0.07% |
1,921,462
-85,850
| -4% | -$4.06M |
|
274
Agilent Technologies
A
$35.6B
| $90.8M | 0.07% |
713,890
-24,033
| -3% | -$3.06M |
|
275
Trane Technologies
TT
$91.4B
| $90.5M | 0.07% |
546,878
-22,705
| -4% | -$3.76M |
|