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 |
Verizon
VZ
|
$165M |
| 2 |
Oracle
ORCL
|
$139M |
| 3 |
CME Group
CME
|
$99.7M |
| 4 |
Gilead Sciences
GILD
|
$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$334M |
| 2 |
RTX Corp
RTX
|
$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$192M |
| 5 |
Humana
HUM
|
$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Uber
UBER
$190B
| $54.3M | 0.07% |
1,945,700
-18,065
| -0.9% | -$504K |
|
277
Kroger
KR
$44.8B
| $54.3M | 0.07% |
1,803,467
-318,278
| -15% | -$9.59M |
|
278
NetEase
NTES
$85B
| $54M | 0.07% |
841,740
+10,035
| +1% | +$644K |
|
279
Cadence Design Systems
CDNS
$95.6B
| $54M | 0.07% |
817,235
-36,314
| -4% | -$2.4M |
|
280
RenaissanceRe
RNR
$11.3B
| $54M | 0.07% |
361,348
-4,640
| -1% | -$693K |
|
281
MSCI
MSCI
$42.9B
| $53.9M | 0.07% |
186,418
-13,760
| -7% | -$3.98M |
|
|
JNPR
282
DELISTED
Juniper Networks
JNPR
| $53.8M | 0.07% |
2,811,381
-58,370
| -2% | -$1.12M |
|
283
NXP Semiconductors
NXPI
$57.2B
| $53.4M | 0.06% |
643,824
-40,715
| -6% | -$3.38M |
|
284
Capital One
COF
$142B
| $52.8M | 0.06% |
1,048,036
-78,210
| -7% | -$3.94M |
|
|
INFO
285
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $52.7M | 0.06% |
878,716
-65,881
| -7% | -$3.95M |
|
286
F5
FFIV
$18.1B
| $52.5M | 0.06% |
492,543
-9,613
| -2% | -$1.03M |
|
287
eBay
EBAY
$42.3B
| $52.4M | 0.06% |
1,744,476
-373,126
| -18% | -$11.2M |
|
288
MarketAxess Holdings
MKTX
$7.01B
| $52M | 0.06% |
156,453
+37,208
| +31% | +$12.4M |
|
289
Iron Mountain
IRM
$27.2B
| $51.5M | 0.06% |
2,164,169
-32,452
| -1% | -$772K |
|
290
KLA
KLAC
$119B
| $50.9M | 0.06% |
353,888
-28,568
| -7% | -$4.11M |
|
291
T Rowe Price
TROW
$23.8B
| $50.7M | 0.06% |
519,580
-31,016
| -6% | -$3.03M |
|
292
lululemon athletica
LULU
$19.9B
| $50.5M | 0.06% |
266,555
-15,464
| -5% | -$2.93M |
|
293
DexCom
DXCM
$31.6B
| $50.2M | 0.06% |
745,080
-120,656
| -14% | -$8.12M |
|
294
Agilent Technologies
A
$36.5B
| $50.2M | 0.06% |
700,313
-49,048
| -7% | -$3.51M |
|
295
Dow Inc
DOW
$17.4B
| $49.9M | 0.06% |
1,705,077
-67,463
| -4% | -$1.97M |
|
296
Mercado Libre
MELI
$123B
| $49.5M | 0.06% |
101,340
-8,078
| -7% | -$3.95M |
|
297
Omega Healthcare
OHI
$12.7B
| $49.3M | 0.06% |
1,859,127
+66,376
| +4% | +$1.76M |
|
298
Darden Restaurants
DRI
$24.5B
| $49.1M | 0.06% |
900,852
-110,203
| -11% | -$6M |
|
299
Regency Centers
REG
$13.4B
| $49M | 0.06% |
1,275,881
-14,700
| -1% | -$565K |
|
300
Monster Beverage
MNST
$61B
| $48.6M | 0.06% |
1,726,648
-118,142
| -6% | -$3.32M |
|