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
|
$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
$334M |
| 3 |
Abbott
ABT
|
$271M |
| 4 |
Stryker
SYK
|
$155M |
| 5 |
McDonald's
MCD
|
$154M |
Top Sells
| 1 |
Apple
AAPL
|
$1.14B |
| 2 |
Costco
COST
|
$440M |
| 3 |
Oracle
ORCL
|
$194M |
| 4 |
Micron Technology
MU
|
$192M |
| 5 |
Gilead Sciences
GILD
|
$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Newmont
NEM
$83.7B
| $87.7M | 0.06% |
1,815,825
-886
| -0% | -$42.8K |
|
252
Hilton Worldwide
HLT
$64B
| $87.4M | 0.06% |
384,301
-9,457
| -2% | -$2.15M |
|
253
Check Point Software Technologies
CHKP
$20.7B
| $86.7M | 0.06% |
380,195
-7,828
| -2% | -$1.78M |
|
254
Leidos
LDOS
$23B
| $86M | 0.06% |
636,960
-20,715
| -3% | -$2.8M |
|
255
Truist Financial
TFC
$60B
| $85.6M | 0.06% |
2,080,436
-29,825
| -1% | -$1.23M |
|
256
Ameriprise Financial
AMP
$46.1B
| $85.1M | 0.06% |
175,730
-339
| -0.2% | -$164K |
|
257
Chipotle Mexican Grill
CMG
$55.1B
| $85M | 0.06% |
1,692,969
-597,863
| -26% | -$30M |
|
258
NXP Semiconductors
NXPI
$57.2B
| $84.9M | 0.06% |
446,643
-648,103
| -59% | -$123M |
|
259
Freeport-McMoran
FCX
$66.5B
| $83.9M | 0.06% |
2,216,797
-59,829
| -3% | -$2.27M |
|
260
Marvell Technology
MRVL
$54.6B
| $83.2M | 0.06% |
1,350,572
-518,780
| -28% | -$31.9M |
|
261
Quest Diagnostics
DGX
$20.5B
| $83.1M | 0.06% |
491,284
-11,925
| -2% | -$2.02M |
|
262
Phillips 66
PSX
$53.2B
| $82.8M | 0.06% |
670,339
-27,468
| -4% | -$3.39M |
|
263
PTC
PTC
$25.6B
| $82.6M | 0.06% |
533,372
-10,600
| -2% | -$1.64M |
|
264
VICI Properties
VICI
$35.8B
| $82.5M | 0.06% |
2,527,792
+162,998
| +7% | +$5.32M |
|
265
Carrier Global
CARR
$55.8B
| $81.5M | 0.06% |
1,285,805
-21,923
| -2% | -$1.39M |
|
266
Clorox
CLX
$15.5B
| $81.4M | 0.06% |
553,100
-12,710
| -2% | -$1.87M |
|
267
General Motors
GM
$55.5B
| $81.3M | 0.06% |
1,728,995
-161,858
| -9% | -$7.61M |
|
268
NiSource
NI
$19B
| $81.1M | 0.06% |
2,023,038
-52,334
| -3% | -$2.1M |
|
269
SS&C Technologies
SSNC
$21.7B
| $80.6M | 0.06% |
964,471
-19,462
| -2% | -$1.63M |
|
270
ON Semiconductor
ON
$20.1B
| $80.5M | 0.06% |
1,979,417
+1,294,639
| +189% | +$52.7M |
|
271
Labcorp
LH
$23.2B
| $80.1M | 0.06% |
344,130
-8,309
| -2% | -$1.93M |
|
272
Royal Caribbean
RCL
$95.7B
| $80.1M | 0.06% |
389,834
-5,287
| -1% | -$1.09M |
|
273
Tyson Foods
TSN
$20B
| $80M | 0.06% |
1,254,076
-31,116
| -2% | -$1.99M |
|
274
Norfolk Southern
NSC
$62.3B
| $79.6M | 0.06% |
336,232
+65,806
| +24% | +$15.6M |
|
275
MetLife
MET
$52.9B
| $79.4M | 0.06% |
989,296
-21,498
| -2% | -$1.73M |
|