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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
American International
AIG
$43.9B
| $79.8M | 0.07% |
1,560,018
-136,510
| -8% | -$6.98M |
|
252
Henry Schein
HSIC
$8.42B
| $78.7M | 0.07% |
1,026,119
-15,631
| -2% | -$1.2M |
|
253
Take-Two Interactive
TTWO
$44.2B
| $77.4M | 0.07% |
631,359
-224,609
| -26% | -$27.5M |
|
254
HCA Healthcare
HCA
$98.5B
| $77.2M | 0.07% |
459,146
-50,593
| -10% | -$8.5M |
|
255
Biogen
BIIB
$20.6B
| $75.8M | 0.07% |
371,897
-54,459
| -13% | -$11.1M |
|
|
BKI
256
DELISTED
Black Knight, Inc. Common Stock
BKI
| $75.6M | 0.07% |
1,156,130
-16,563
| -1% | -$1.08M |
|
257
NXP Semiconductors
NXPI
$57.2B
| $75.6M | 0.07% |
510,551
-34,458
| -6% | -$5.1M |
|
258
Phillips 66
PSX
$53.2B
| $75.2M | 0.07% |
916,890
-13,922
| -1% | -$1.14M |
|
|
VMW
259
DELISTED
VMware, Inc
VMW
| $74.8M | 0.07% |
656,622
-398,458
| -38% | -$45.4M |
|
260
Williams Companies
WMB
$69.9B
| $74.4M | 0.07% |
2,383,437
-123,583
| -5% | -$3.86M |
|
261
Agilent Technologies
A
$36.5B
| $74.1M | 0.07% |
623,523
-45,073
| -7% | -$5.35M |
|
262
Fortinet
FTNT
$60.4B
| $73.4M | 0.07% |
1,297,770
-87,095
| -6% | -$4.93M |
|
263
Autodesk
ADSK
$69.5B
| $73.3M | 0.07% |
426,467
-16,936
| -4% | -$2.91M |
|
264
Corteva
CTVA
$49.1B
| $73.2M | 0.07% |
1,352,951
-94,698
| -7% | -$5.13M |
|
265
Ecolab
ECL
$77.6B
| $73.2M | 0.07% |
475,785
-23,260
| -5% | -$3.58M |
|
266
Assurant
AIZ
$10.7B
| $73.1M | 0.07% |
423,144
-14,645
| -3% | -$2.53M |
|
267
Chipotle Mexican Grill
CMG
$55.1B
| $73M | 0.07% |
2,792,400
-137,650
| -5% | -$3.6M |
|
268
Realty Income
O
$54.2B
| $72.8M | 0.07% |
1,067,067
-41,942
| -4% | -$2.86M |
|
269
Dow Inc
DOW
$17.4B
| $72.3M | 0.07% |
1,400,287
-81,429
| -5% | -$4.2M |
|
270
Arista Networks
ANET
$180B
| $72.2M | 0.07% |
3,079,452
-800,328
| -21% | -$18.8M |
|
271
Prudential Financial
PRU
$37.2B
| $71.5M | 0.07% |
747,352
-49,661
| -6% | -$4.75M |
|
272
Welltower
WELL
$112B
| $71.2M | 0.07% |
864,899
-30,595
| -3% | -$2.52M |
|
273
Marvell Technology
MRVL
$54.6B
| $71M | 0.07% |
1,632,032
-53,795
| -3% | -$2.34M |
|
274
Hologic
HOLX
$14.8B
| $70.8M | 0.07% |
1,021,107
+525,047
| +106% | +$36.4M |
|
275
Devon Energy
DVN
$22.1B
| $70.8M | 0.07% |
1,284,016
-103,935
| -7% | -$5.73M |
|