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 |
Netflix
NFLX
|
$376M |
| 2 |
Charter Communications
CHTR
|
$360M |
| 3 |
Costco
COST
|
$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$185M |
| 5 |
Microsoft
MSFT
|
$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$174M |
| 3 |
Labcorp
LH
|
$151M |
| 4 |
Stryker
SYK
|
$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
F5
FFIV
$18.1B
| $94.7M | 0.07% |
476,233
+3,676
| +0.8% | +$731K |
|
277
Prudential Financial
PRU
$37.2B
| $93.8M | 0.07% |
891,912
-36,022
| -4% | -$3.79M |
|
278
Schlumberger
SLB
$53.4B
| $93.1M | 0.07% |
3,139,401
+42,208
| +1% | +$1.25M |
|
279
Trane Technologies
TT
$92.1B
| $93M | 0.07% |
538,850
-1,816
| -0.3% | -$314K |
|
280
Baidu
BIDU
$35.1B
| $92.9M | 0.07% |
604,136
+5,229
| +0.9% | +$804K |
|
281
Hormel Foods
HRL
$14.1B
| $92.9M | 0.07% |
2,265,255
+21,917
| +1% | +$899K |
|
282
C.H. Robinson
CHRW
$14.9B
| $90.6M | 0.07% |
1,040,907
+471
| +0% | +$41K |
|
283
Cincinnati Financial
CINF
$24B
| $90.3M | 0.07% |
790,752
-376,430
| -32% | -$43M |
|
284
Microchip Technology
MCHP
$35.6B
| $90M | 0.07% |
1,173,336
+38,410
| +3% | +$2.95M |
|
285
Marriott International Class A Common Stock
MAR
$71.9B
| $90M | 0.07% |
607,826
-3,819
| -0.6% | -$566K |
|
286
Yum China
YUMC
$16.5B
| $90M | 0.07% |
1,548,803
+43,148
| +3% | +$2.51M |
|
287
Aptiv
APTV
$17.5B
| $89.8M | 0.07% |
602,831
+70
| +0% | +$10.4K |
|
288
Marathon Petroleum
MPC
$54.8B
| $89M | 0.07% |
1,440,602
-15,933
| -1% | -$985K |
|
289
Fortinet
FTNT
$60.4B
| $88M | 0.07% |
1,506,365
+5,300
| +0.4% | +$310K |
|
290
Atmos Energy
ATO
$26.7B
| $87.3M | 0.07% |
990,120
+14,533
| +1% | +$1.28M |
|
|
BKI
291
DELISTED
Black Knight, Inc. Common Stock
BKI
| $86.8M | 0.06% |
1,206,060
+9,319
| +0.8% | +$671K |
|
292
Palantir
PLTR
$363B
| $86.2M | 0.06% |
+3,585,244
| New | +$86.2M |
|
293
Sysco
SYY
$39.4B
| $85.8M | 0.06% |
1,093,231
+2,432
| +0.2% | +$191K |
|
294
ResMed
RMD
$40.6B
| $85.7M | 0.06% |
324,986
+1,003
| +0.3% | +$264K |
|
295
Ross Stores
ROST
$49.4B
| $85M | 0.06% |
780,439
-8,278
| -1% | -$901K |
|
296
Booz Allen Hamilton
BAH
$12.6B
| $84M | 0.06% |
1,058,793
-13,399
| -1% | -$1.06M |
|
297
Henry Schein
HSIC
$8.42B
| $83.5M | 0.06% |
1,096,819
+2,267
| +0.2% | +$173K |
|
|
XLNX
298
DELISTED
Xilinx Inc
XLNX
| $83.5M | 0.06% |
552,684
-1,548
| -0.3% | -$234K |
|
|
SIVB
299
DELISTED
SVB Financial Group
SIVB
| $83.3M | 0.06% |
128,789
+7,514
| +6% | +$4.86M |
|
|
DFS
300
DELISTED
Discover Financial Services
DFS
| $83M | 0.06% |
675,981
-6,843
| -1% | -$841K |
|