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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Trane Technologies
TT
$92.1B
| $84M | 0.07% |
456,843
-61,650
| -12% | -$11.3M |
|
252
DexCom
DXCM
$31.6B
| $83.8M | 0.07% |
721,403
-123,968
| -15% | -$14.4M |
|
253
TE Connectivity
TEL
$61.7B
| $82.8M | 0.07% |
631,379
-97,300
| -13% | -$12.8M |
|
254
Fortinet
FTNT
$60.4B
| $82.6M | 0.07% |
1,243,432
-200,800
| -14% | -$13.3M |
|
255
Digital Realty Trust
DLR
$55.7B
| $82.2M | 0.07% |
836,314
-82,072
| -9% | -$8.07M |
|
256
Factset
FDS
$14B
| $82M | 0.07% |
197,443
-7,919
| -4% | -$3.29M |
|
257
Booz Allen Hamilton
BAH
$12.6B
| $81.6M | 0.07% |
880,262
-50,314
| -5% | -$4.66M |
|
258
Nucor
NUE
$33.8B
| $81.5M | 0.07% |
527,506
-78,432
| -13% | -$12.1M |
|
259
Monster Beverage
MNST
$61B
| $80.7M | 0.07% |
1,494,304
-201,118
| -12% | -$10.9M |
|
260
Aflac
AFL
$57.2B
| $80.6M | 0.07% |
1,249,040
-207,527
| -14% | -$13.4M |
|
261
Idexx Laboratories
IDXX
$51.4B
| $80.1M | 0.07% |
160,100
-27,369
| -15% | -$13.7M |
|
262
Old Dominion Freight Line
ODFL
$31.7B
| $78.3M | 0.07% |
459,564
-397,820
| -46% | -$67.8M |
|
263
Ecolab
ECL
$77.6B
| $78.2M | 0.07% |
472,496
-71,598
| -13% | -$11.9M |
|
264
lululemon athletica
LULU
$19.9B
| $78.1M | 0.07% |
214,348
-31,857
| -13% | -$11.6M |
|
265
Sysco
SYY
$39.4B
| $77.8M | 0.07% |
1,007,272
-171,733
| -15% | -$13.3M |
|
266
Cheniere Energy
LNG
$51.8B
| $77.7M | 0.07% |
492,725
-83,547
| -14% | -$13.2M |
|
267
American International
AIG
$43.9B
| $77.6M | 0.07% |
1,540,048
-187,988
| -11% | -$9.47M |
|
268
Akamai
AKAM
$11.3B
| $77.2M | 0.07% |
985,523
-59,567
| -6% | -$4.66M |
|
269
Ametek
AME
$43.3B
| $76.9M | 0.07% |
529,313
-69,555
| -12% | -$10.1M |
|
270
Dow Inc
DOW
$17.4B
| $76.9M | 0.07% |
1,402,146
-259,523
| -16% | -$14.2M |
|
271
C.H. Robinson
CHRW
$14.9B
| $76.7M | 0.07% |
771,775
-65,530
| -8% | -$6.51M |
|
272
TransDigm Group
TDG
$71.6B
| $76.4M | 0.07% |
103,671
-13,512
| -12% | -$9.96M |
|
273
MetLife
MET
$52.9B
| $76.2M | 0.07% |
1,315,180
-198,952
| -13% | -$11.5M |
|
274
W.P. Carey
WPC
$14.9B
| $76M | 0.07% |
1,001,316
-15,526
| -2% | -$1.18M |
|
275
Domino's
DPZ
$15.7B
| $75.6M | 0.07% |
229,325
-11,002
| -5% | -$3.63M |
|