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 |
Microsoft
MSFT
|
$555M |
| 2 |
Apple
AAPL
|
$534M |
| 3 |
Amazon
AMZN
|
$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$268M |
| 5 |
Alibaba
BABA
|
$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
$145M |
| 3 |
Becton Dickinson
BDX
|
$103M |
| 4 |
HCA Healthcare
HCA
|
$84.7M |
| 5 |
Pfizer
PFE
|
$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
VF Corp
VFC
$5.86B
| $81.4M | 0.08% |
914,442
-838,482
| -48% | -$74.6M |
|
277
Moody's
MCO
$89.5B
| $80.8M | 0.08% |
394,239
+89,719
| +29% | +$18.4M |
|
|
278
HCA Healthcare
HCA
$98.5B
| $80.4M | 0.08% |
667,244
-703,227
| -51% | -$84.7M |
|
279
Federal Realty Investment Trust
FRT
$8.86B
| $79.9M | 0.08% |
586,552
+35,310
| +6% | +$4.81M |
|
280
SiriusXM
SIRI
$8.1B
| $79.4M | 0.08% |
1,269,008
+71,405
| +6% | +$4.47M |
|
281
Henry Schein
HSIC
$8.42B
| $77.5M | 0.08% |
1,219,759
+85,831
| +8% | +$5.45M |
|
|
VER
282
DELISTED
VEREIT, Inc.
VER
| $77.2M | 0.08% |
1,578,731
+101,663
| +7% | +$4.97M |
|
283
NNN REIT
NNN
$8.18B
| $75.5M | 0.08% |
1,338,779
+131,691
| +11% | +$7.43M |
|
|
ATVI
284
DELISTED
Activision Blizzard Inc.
ATVI
| $74.8M | 0.07% |
1,414,378
+374,900
| +36% | +$19.8M |
|
|
JNPR
285
DELISTED
Juniper Networks
JNPR
| $74.1M | 0.07% |
2,993,311
+357,360
| +14% | +$8.84M |
|
286
Credicorp
BAP
$20.7B
| $73.6M | 0.07% |
352,903
+51,073
| +17% | +$10.6M |
|
287
AGNC Investment
AGNC
$10.8B
| $73.3M | 0.07% |
4,554,611
+730,571
| +19% | +$11.8M |
|
288
Dow Inc
DOW
$17.4B
| $72.4M | 0.07% |
1,518,638
+357,952
| +31% | +$17.1M |
|
289
TE Connectivity
TEL
$61.7B
| $72.1M | 0.07% |
774,139
+72,650
| +10% | +$6.77M |
|
290
RenaissanceRe
RNR
$11.3B
| $71.6M | 0.07% |
370,353
+62,565
| +20% | +$12.1M |
|
|
STI
291
DELISTED
SunTrust Banks, Inc.
STI
| $71.6M | 0.07% |
1,041,161
+163,831
| +19% | +$11.3M |
|
292
F5
FFIV
$18.1B
| $71.4M | 0.07% |
508,794
+47,483
| +10% | +$6.67M |
|
293
Trane Technologies
TT
$92.1B
| $71.4M | 0.07% |
579,409
+97,049
| +20% | +$12M |
|
294
PPG Industries
PPG
$24.8B
| $70.8M | 0.07% |
597,304
+98,419
| +20% | +$11.7M |
|
295
Iron Mountain
IRM
$27.2B
| $69.9M | 0.07% |
2,159,449
+176,684
| +9% | +$5.72M |
|
296
HP
HPQ
$27.4B
| $69.7M | 0.07% |
3,682,478
+350,379
| +11% | +$6.63M |
|
297
Autodesk
ADSK
$69.5B
| $69.6M | 0.07% |
471,426
+125,771
| +36% | +$18.6M |
|
298
American Financial Group
AFG
$11.6B
| $68.6M | 0.07% |
635,797
+50,989
| +9% | +$5.5M |
|
299
Zimmer Biomet
ZBH
$20.9B
| $68M | 0.07% |
510,179
+126,950
| +33% | +$16.9M |
|
300
Constellation Brands
STZ
$26.2B
| $67.4M | 0.07% |
325,290
-16,955
| -5% | -$3.51M |
|