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 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$506M |
| 4 |
Cisco
CSCO
|
$402M |
| 5 |
O'Reilly Automotive
ORLY
|
$178M |
Top Sells
| 1 |
Coca-Cola
KO
|
$247M |
| 2 |
Apple
AAPL
|
$220M |
| 3 |
Medtronic
MDT
|
$192M |
| 4 |
American Tower
AMT
|
$186M |
| 5 |
L3Harris
LHX
|
$157M |
Sector Composition
| 1 | Technology | 23.93% |
| 2 | Healthcare | 13.69% |
| 3 | Financials | 11.26% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Communication Services | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
lululemon athletica
LULU
$20.4B
| $95.7M | 0.06% |
244,550
-8,758
| -3% | -$3.43M |
|
277
Aptiv
APTV
$17.8B
| $95.6M | 0.06% |
579,548
-23,283
| -4% | -$3.84M |
|
278
Datadog
DDOG
$47.2B
| $95.5M | 0.06% |
536,055
+68,305
| +15% | +$12.2M |
|
279
Check Point Software Technologies
CHKP
$20.7B
| $95.2M | 0.06% |
816,705
-37,065
| -4% | -$4.32M |
|
280
Jack Henry & Associates
JKHY
$11.9B
| $94M | 0.06% |
562,621
-18,194
| -3% | -$3.04M |
|
281
eBay
EBAY
$43B
| $92.5M | 0.06% |
1,391,237
-88,317
| -6% | -$5.87M |
|
282
Hilton Worldwide
HLT
$65.8B
| $92M | 0.06% |
589,610
-20,861
| -3% | -$3.25M |
|
283
KKR & Co
KKR
$123B
| $91.8M | 0.06% |
1,232,438
-7,173
| -0.6% | -$534K |
|
284
Prudential Financial
PRU
$38.4B
| $91.7M | 0.06% |
847,553
-44,359
| -5% | -$4.8M |
|
285
DuPont de Nemours
DD
$32.8B
| $91.4M | 0.06% |
1,132,075
-52,608
| -4% | -$4.25M |
|
286
Dow Inc
DOW
$17.5B
| $91.1M | 0.06% |
1,605,255
-55,967
| -3% | -$3.17M |
|
287
Schlumberger
SLB
$54B
| $90.2M | 0.06% |
3,012,384
-127,017
| -4% | -$3.8M |
|
288
Veeva Systems
VEEV
$44.8B
| $89.7M | 0.06% |
351,163
-8,954
| -2% | -$2.29M |
|
|
JNPR
289
DELISTED
Juniper Networks
JNPR
| $89.6M | 0.06% |
2,509,966
-48,358
| -2% | -$1.73M |
|
|
CTXS
290
DELISTED
Citrix Systems Inc
CTXS
| $89M | 0.06% |
941,279
-14,570
| -2% | -$1.38M |
|
291
Parker-Hannifin
PH
$96.8B
| $88.5M | 0.06% |
278,212
-11,665
| -4% | -$3.71M |
|
292
Ross Stores
ROST
$50.2B
| $88.1M | 0.06% |
771,001
-9,438
| -1% | -$1.08M |
|
293
Rockwell Automation
ROK
$38.7B
| $87.8M | 0.06% |
251,675
-10,409
| -4% | -$3.63M |
|
294
CrowdStrike
CRWD
$105B
| $87.8M | 0.06% |
428,774
-6,977
| -2% | -$1.43M |
|
295
PPG Industries
PPG
$25.2B
| $87.8M | 0.06% |
509,011
-18,935
| -4% | -$3.27M |
|
296
Realty Income
O
$53.8B
| $87.4M | 0.06% |
1,220,358
+333,975
| +38% | +$23.9M |
|
297
Booz Allen Hamilton
BAH
$12.9B
| $87.1M | 0.06% |
1,027,498
-31,295
| -3% | -$2.65M |
|
298
Trade Desk
TTD
$25.6B
| $86.7M | 0.06% |
946,417
-9,935
| -1% | -$910K |
|
299
Marathon Petroleum
MPC
$54.5B
| $86.6M | 0.06% |
1,353,024
-87,578
| -6% | -$5.6M |
|
300
Baidu
BIDU
$34.4B
| $86M | 0.06% |
578,041
-26,095
| -4% | -$3.88M |
|