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 | |
|---|---|---|---|---|---|---|
251
Workday
WDAY
$61.7B
| $104M | 0.08% |
414,833
+922
| +0.2% | +$230K |
|
252
IQVIA
IQV
$31.9B
| $104M | 0.08% |
432,229
-2,189
| -0.5% | -$524K |
|
253
MetLife
MET
$52.9B
| $104M | 0.08% |
1,676,960
-80,394
| -5% | -$4.96M |
|
254
Cboe Global Markets
CBOE
$24.3B
| $103M | 0.08% |
832,482
+3,505
| +0.4% | +$434K |
|
255
eBay
EBAY
$42.3B
| $103M | 0.08% |
1,479,554
-124,340
| -8% | -$8.66M |
|
|
CTXS
256
DELISTED
Citrix Systems Inc
CTXS
| $103M | 0.08% |
955,849
+27,177
| +3% | +$2.92M |
|
257
lululemon athletica
LULU
$20.1B
| $103M | 0.08% |
253,308
-1,455
| -0.6% | -$589K |
|
258
Dollar Tree
DLTR
$20.6B
| $102M | 0.08% |
1,070,089
+6,971
| +0.7% | +$667K |
|
259
TE Connectivity
TEL
$61.7B
| $102M | 0.08% |
744,213
-229
| -0% | -$31.4K |
|
260
Brown & Brown
BRO
$31.3B
| $102M | 0.08% |
1,841,261
+4,461
| +0.2% | +$247K |
|
261
J.M. Smucker
SJM
$12B
| $102M | 0.08% |
848,236
-9,981
| -1% | -$1.2M |
|
262
Carrier Global
CARR
$55.8B
| $101M | 0.08% |
1,951,563
-3,969
| -0.2% | -$205K |
|
263
NIO
NIO
$13.4B
| $101M | 0.08% |
2,828,865
+28,352
| +1% | +$1.01M |
|
264
T Rowe Price
TROW
$23.8B
| $99.6M | 0.07% |
506,419
-1,092
| -0.2% | -$215K |
|
265
Incyte
INCY
$16.9B
| $99.3M | 0.07% |
1,444,432
+10,093
| +0.7% | +$694K |
|
266
FirstEnergy
FE
$25.1B
| $98.8M | 0.07% |
2,772,809
+31,105
| +1% | +$1.11M |
|
|
INFO
267
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $97.6M | 0.07% |
836,808
-7,538
| -0.9% | -$879K |
|
268
Check Point Software Technologies
CHKP
$20.7B
| $96.5M | 0.07% |
853,770
-3,047
| -0.4% | -$344K |
|
269
Zscaler
ZS
$42.7B
| $96.4M | 0.07% |
367,599
+5,479
| +2% | +$1.44M |
|
270
Match Group
MTCH
$9.18B
| $96.2M | 0.07% |
612,475
+7,927
| +1% | +$1.24M |
|
271
Dow Inc
DOW
$17.4B
| $95.6M | 0.07% |
1,661,222
-87,414
| -5% | -$5.03M |
|
272
NetEase
NTES
$85B
| $95.5M | 0.07% |
1,118,825
-623,643
| -36% | -$53.3M |
|
273
Simon Property Group
SPG
$59.5B
| $95.4M | 0.07% |
734,125
+2,294
| +0.3% | +$298K |
|
274
Bank of New York Mellon
BK
$73.1B
| $95.4M | 0.07% |
1,839,425
-58,433
| -3% | -$3.03M |
|
275
Jack Henry & Associates
JKHY
$11.8B
| $95.3M | 0.07% |
580,815
+1,322
| +0.2% | +$217K |
|