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 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$506M |
| 4 |
Cisco
CSCO
|
$402M |
| 5 |
O'Reilly Automotive
ORLY
|
$178M |
Top Sells
| 1 |
Coca-Cola
KO
|
$247M |
| 2 |
Apple
AAPL
|
$220M |
| 3 |
Medtronic
MDT
|
$192M |
| 4 |
American Tower
AMT
|
$186M |
| 5 |
L3Harris
LHX
|
$157M |
Sector Composition
| 1 | Technology | 23.93% |
| 2 | Healthcare | 13.69% |
| 3 | Financials | 11.26% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Communication Services | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
FirstEnergy
FE
$25.1B
| $111M | 0.07% |
2,660,583
-112,226
| -4% | -$4.67M |
|
252
Hormel Foods
HRL
$13.9B
| $109M | 0.07% |
2,223,284
-41,971
| -2% | -$2.05M |
|
253
Biogen
BIIB
$20.5B
| $108M | 0.07% |
450,741
-17,527
| -4% | -$4.21M |
|
254
MSCI
MSCI
$43.1B
| $108M | 0.07% |
175,689
-3,932
| -2% | -$2.41M |
|
255
C.H. Robinson
CHRW
$15.1B
| $107M | 0.07% |
996,578
-44,329
| -4% | -$4.77M |
|
256
Cboe Global Markets
CBOE
$24.5B
| $107M | 0.07% |
819,049
-13,433
| -2% | -$1.75M |
|
257
Chipotle Mexican Grill
CMG
$55.5B
| $106M | 0.07% |
3,040,150
-107,800
| -3% | -$3.77M |
|
258
Gen Digital
GEN
$18.2B
| $106M | 0.07% |
4,078,340
+1,223,805
| +43% | +$31.8M |
|
259
Fortinet
FTNT
$58.6B
| $105M | 0.07% |
1,465,885
-40,480
| -3% | -$2.91M |
|
260
Coterra Energy
CTRA
$18.6B
| $105M | 0.07% |
5,531,868
+4,641,071
| +521% | +$88.2M |
|
|
INFO
261
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $105M | 0.07% |
790,143
-46,665
| -6% | -$6.2M |
|
262
Incyte
INCY
$16.7B
| $104M | 0.07% |
1,422,446
-21,986
| -2% | -$1.61M |
|
263
Trane Technologies
TT
$91.9B
| $104M | 0.07% |
512,449
-26,401
| -5% | -$5.33M |
|
264
Centene
CNC
$14.1B
| $103M | 0.07% |
1,248,676
-53,209
| -4% | -$4.38M |
|
265
American International
AIG
$45.3B
| $103M | 0.07% |
1,807,599
-132,588
| -7% | -$7.54M |
|
266
Carrier Global
CARR
$54.1B
| $101M | 0.07% |
1,861,190
-90,373
| -5% | -$4.9M |
|
267
Microchip Technology
MCHP
$34.8B
| $101M | 0.07% |
1,157,313
-16,023
| -1% | -$1.39M |
|
268
Atmos Energy
ATO
$26.5B
| $99.5M | 0.07% |
949,500
-40,620
| -4% | -$4.26M |
|
269
Bank of New York Mellon
BK
$74.4B
| $98.6M | 0.07% |
1,697,144
-142,281
| -8% | -$8.26M |
|
|
BKI
270
DELISTED
Black Knight, Inc. Common Stock
BKI
| $98.4M | 0.07% |
1,186,879
-19,181
| -2% | -$1.59M |
|
271
MetLife
MET
$54.4B
| $97.6M | 0.07% |
1,562,012
-114,948
| -7% | -$7.18M |
|
272
Cloudflare
NET
$73.2B
| $97.2M | 0.07% |
738,793
-833,932
| -53% | -$110M |
|
273
HP
HPQ
$27B
| $97M | 0.06% |
2,576,072
-268,838
| -9% | -$10.1M |
|
274
Marriott International Class A Common Stock
MAR
$73B
| $96.2M | 0.06% |
582,163
-25,663
| -4% | -$4.24M |
|
275
T Rowe Price
TROW
$24.5B
| $96M | 0.06% |
488,077
-18,342
| -4% | -$3.61M |
|