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 |
Walmart
WMT
|
$250M |
| 2 |
Amphenol
APH
|
$147M |
| 3 |
Target
TGT
|
$142M |
| 4 |
Abbott
ABT
|
$113M |
| 5 |
Verizon
VZ
|
$87.4M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Jack Henry & Associates
JKHY
$11.9B
| $90.1M | 0.07% |
593,879
-26,571
| -4% | -$4.03M |
|
277
Microchip Technology
MCHP
$35.1B
| $90M | 0.07% |
579,876
-18,809
| -3% | -$2.92M |
|
278
Masimo
MASI
$7.59B
| $90M | 0.07% |
391,869
-23,914
| -6% | -$5.49M |
|
|
BKI
279
DELISTED
Black Knight, Inc. Common Stock
BKI
| $89.7M | 0.07% |
1,212,475
-45,561
| -4% | -$3.37M |
|
280
T Rowe Price
TROW
$23.6B
| $88.9M | 0.07% |
518,214
-22,220
| -4% | -$3.81M |
|
|
INFO
281
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $88.7M | 0.07% |
916,202
-35,096
| -4% | -$3.4M |
|
282
Cummins
CMI
$54.9B
| $88.2M | 0.07% |
340,302
-10,629
| -3% | -$2.75M |
|
283
Moderna
MRNA
$9.41B
| $87.8M | 0.07% |
670,733
-10,892
| -2% | -$1.43M |
|
284
Booz Allen Hamilton
BAH
$13.4B
| $87.3M | 0.07% |
1,084,159
-27,187
| -2% | -$2.19M |
|
285
Sysco
SYY
$38.5B
| $87.3M | 0.07% |
1,108,207
-53,887
| -5% | -$4.24M |
|
286
Prudential Financial
PRU
$38.6B
| $87M | 0.07% |
954,685
-41,738
| -4% | -$3.8M |
|
287
Cloudflare
NET
$72.7B
| $86.9M | 0.07% |
1,237,502
+973,328
| +368% | +$68.4M |
|
288
Pinduoduo
PDD
$173B
| $86.5M | 0.07% |
646,056
-21,535
| -3% | -$2.88M |
|
289
Schlumberger
SLB
$53.6B
| $86.4M | 0.07% |
3,177,565
-187,208
| -6% | -$5.09M |
|
290
Simon Property Group
SPG
$59B
| $86.3M | 0.07% |
758,633
-59,317
| -7% | -$6.75M |
|
291
IQVIA
IQV
$32.4B
| $85.6M | 0.07% |
443,093
-14,826
| -3% | -$2.86M |
|
292
Aptiv
APTV
$17.3B
| $85.3M | 0.06% |
618,486
-17,574
| -3% | -$2.42M |
|
293
DocuSign
DOCU
$15B
| $85.2M | 0.06% |
420,860
-4,746
| -1% | -$961K |
|
294
Constellation Brands
STZ
$28.5B
| $85.2M | 0.06% |
373,642
-9,776
| -3% | -$2.23M |
|
295
Centene
CNC
$14.3B
| $85.1M | 0.06% |
1,331,916
-52,350
| -4% | -$3.35M |
|
296
Brown & Brown
BRO
$32B
| $84.8M | 0.06% |
1,855,069
-68,930
| -4% | -$3.15M |
|
297
Aflac
AFL
$57.2B
| $84.7M | 0.06% |
1,655,549
-82,076
| -5% | -$4.2M |
|
298
Carrier Global
CARR
$54B
| $84.2M | 0.06% |
1,993,762
-74,542
| -4% | -$3.15M |
|
299
Iron Mountain
IRM
$27.3B
| $83.9M | 0.06% |
2,266,383
-102,225
| -4% | -$3.78M |
|
300
Spotify
SPOT
$140B
| $83.7M | 0.06% |
312,399
-59
| -0% | -$15.8K |
|