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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Camden Property Trust
CPT
$11.5B
| $71.7M | 0.06% |
806,058
-5,760
| -0.7% | -$513K |
|
|
TWTR
277
DELISTED
Twitter, Inc.
TWTR
| $71.7M | 0.06% |
1,610,476
+40,900
| +3% | +$1.82M |
|
278
Cummins
CMI
$58.8B
| $71.7M | 0.06% |
339,339
+6,396
| +2% | +$1.35M |
|
279
Agilent Technologies
A
$36.2B
| $71.5M | 0.06% |
708,564
+11,906
| +2% | +$1.2M |
|
280
TAL Education Group
TAL
$6.82B
| $71.1M | 0.06% |
935,329
+74,318
| +9% | +$5.65M |
|
281
Twilio
TWLO
$16.6B
| $71M | 0.06% |
287,383
+25,237
| +10% | +$6.24M |
|
282
NiSource
NI
$18.9B
| $70.5M | 0.06% |
3,202,645
+66,914
| +2% | +$1.47M |
|
283
Johnson Controls International
JCI
$71B
| $70.1M | 0.06% |
1,716,223
+40,827
| +2% | +$1.67M |
|
284
Henry Schein
HSIC
$8.31B
| $70M | 0.06% |
1,191,390
-16,263
| -1% | -$956K |
|
285
Pinnacle West Capital
PNW
$10.3B
| $70M | 0.06% |
938,577
-8,546
| -0.9% | -$637K |
|
286
Constellation Brands
STZ
$23.5B
| $69.5M | 0.06% |
366,687
+7,825
| +2% | +$1.48M |
|
287
KLA
KLAC
$138B
| $69.4M | 0.06% |
358,279
+9,355
| +3% | +$1.81M |
|
288
Sysco
SYY
$39.2B
| $69.3M | 0.06% |
1,114,505
+26,286
| +2% | +$1.64M |
|
289
IQVIA
IQV
$32.3B
| $69.3M | 0.06% |
439,791
+10,890
| +3% | +$1.72M |
|
290
BioMarin Pharmaceuticals
BMRN
$10.6B
| $69.2M | 0.06% |
909,984
+98,374
| +12% | +$7.48M |
|
291
Sea Limited
SE
$113B
| $69M | 0.06% |
447,749
+11,400
| +3% | +$1.76M |
|
|
ONC
292
BeOne Medicines Ltd
ONC
$37.7B
| $68.8M | 0.06% |
240,287
+108,324
| +82% | +$31M |
|
293
MetLife
MET
$52.6B
| $68.7M | 0.06% |
1,849,345
+64,824
| +4% | +$2.41M |
|
294
RenaissanceRe
RNR
$11.4B
| $68.5M | 0.06% |
403,416
+11,681
| +3% | +$1.98M |
|
|
SPLK
295
DELISTED
Splunk Inc
SPLK
| $68.5M | 0.06% |
363,853
+8,458
| +2% | +$1.59M |
|
296
Universal Health Services
UHS
$12B
| $68.4M | 0.06% |
639,299
-19,104
| -3% | -$2.04M |
|
297
Globe Life
GL
$11.6B
| $68.1M | 0.06% |
852,106
+3,934
| +0.5% | +$314K |
|
298
Cintas
CTAS
$80.4B
| $67.9M | 0.06% |
815,432
+18,232
| +2% | +$1.52M |
|
299
Monster Beverage
MNST
$63.1B
| $67.8M | 0.06% |
1,689,874
+35,178
| +2% | +$1.41M |
|
300
MSCI
MSCI
$43B
| $66.9M | 0.06% |
187,600
+1,730
| +0.9% | +$617K |
|