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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Arista Networks
ANET
$180B
| $83.8M | 0.08% |
2,969,460
-109,992
| -4% | -$3.1M |
|
252
American International
AIG
$43.9B
| $83.8M | 0.08% |
1,764,931
+204,913
| +13% | +$9.73M |
|
253
Garmin
GRMN
$45.7B
| $83M | 0.08% |
1,033,917
-2,679
| -0.3% | -$215K |
|
254
Gen Digital
GEN
$18.2B
| $82.9M | 0.08% |
4,115,848
-70,898
| -2% | -$1.43M |
|
255
Omnicom Group
OMC
$15.4B
| $82.8M | 0.08% |
1,312,859
-201,900
| -13% | -$12.7M |
|
256
Marvell Technology
MRVL
$54.6B
| $82.5M | 0.08% |
1,923,388
+291,356
| +18% | +$12.5M |
|
257
Enphase Energy
ENPH
$5.18B
| $82.2M | 0.08% |
296,311
+73,103
| +33% | +$20.3M |
|
258
Aflac
AFL
$57.2B
| $82.1M | 0.08% |
1,461,036
+225,927
| +18% | +$12.7M |
|
259
Capital One
COF
$142B
| $82M | 0.08% |
889,507
+93,669
| +12% | +$8.63M |
|
260
Check Point Software Technologies
CHKP
$20.7B
| $81.6M | 0.08% |
728,672
-36,375
| -5% | -$4.07M |
|
261
Sysco
SYY
$39.4B
| $81.3M | 0.07% |
1,149,128
+160,397
| +16% | +$11.3M |
|
262
FedEx
FDX
$53.7B
| $81.2M | 0.07% |
546,982
+79,163
| +17% | +$11.8M |
|
263
Emerson Electric
EMR
$74.6B
| $81.2M | 0.07% |
1,109,114
| – | – |
|
264
Ecolab
ECL
$77.6B
| $80.5M | 0.07% |
557,229
+81,444
| +17% | +$11.8M |
|
265
TE Connectivity
TEL
$61.7B
| $80.3M | 0.07% |
727,268
+104,034
| +17% | +$11.5M |
|
266
Williams Companies
WMB
$69.9B
| $79.3M | 0.07% |
2,771,069
+387,632
| +16% | +$11.1M |
|
267
Domino's
DPZ
$15.7B
| $78.8M | 0.07% |
254,085
-13,152
| -5% | -$4.08M |
|
268
Coterra Energy
CTRA
$18.3B
| $78.7M | 0.07% |
3,013,917
-819,384
| -21% | -$21.4M |
|
269
Johnson Controls International
JCI
$69.5B
| $78.4M | 0.07% |
1,593,097
+276,385
| +21% | +$13.6M |
|
270
CrowdStrike
CRWD
$105B
| $78M | 0.07% |
473,547
+79,618
| +20% | +$13.1M |
|
271
IQVIA
IQV
$31.9B
| $77.8M | 0.07% |
429,257
+58,373
| +16% | +$10.6M |
|
272
Mercado Libre
MELI
$123B
| $77.8M | 0.07% |
93,931
+14,138
| +18% | +$11.7M |
|
273
Cintas
CTAS
$82.4B
| $77M | 0.07% |
793,320
+121,264
| +18% | +$11.8M |
|
274
Trane Technologies
TT
$92.1B
| $76.4M | 0.07% |
527,423
+81,819
| +18% | +$11.8M |
|
275
Kinder Morgan
KMI
$59.1B
| $76.2M | 0.07% |
4,579,500
+679,994
| +17% | +$11.3M |
|