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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Marriott International Class A Common Stock
MAR
$71.9B
| $70.7M | 0.07% |
519,446
-26,502
| -5% | -$3.6M |
|
277
TE Connectivity
TEL
$61.7B
| $70.5M | 0.07% |
623,234
-39,102
| -6% | -$4.42M |
|
278
MarketAxess Holdings
MKTX
$7.01B
| $70.2M | 0.07% |
274,320
-752
| -0.3% | -$193K |
|
279
Campbell Soup
CPB
$10.1B
| $69.8M | 0.07% |
1,452,671
-15,663
| -1% | -$753K |
|
280
Cincinnati Financial
CINF
$24B
| $69.8M | 0.07% |
586,266
-13,496
| -2% | -$1.61M |
|
281
Workday
WDAY
$61.7B
| $69.7M | 0.07% |
499,318
+115,632
| +30% | +$16.1M |
|
282
HP
HPQ
$27.4B
| $68.7M | 0.06% |
2,096,489
-142,045
| -6% | -$4.66M |
|
283
Aflac
AFL
$57.2B
| $68.3M | 0.06% |
1,235,109
-110,556
| -8% | -$6.12M |
|
284
F5
FFIV
$18.1B
| $68.1M | 0.06% |
444,704
-8,515
| -2% | -$1.3M |
|
285
Leidos
LDOS
$23B
| $67.9M | 0.06% |
674,286
+185,334
| +38% | +$18.7M |
|
|
JNPR
286
DELISTED
Juniper Networks
JNPR
| $67.6M | 0.06% |
2,371,630
-61,761
| -3% | -$1.76M |
|
287
CrowdStrike
CRWD
$105B
| $66.4M | 0.06% |
393,929
-5,400
| -1% | -$910K |
|
288
Kinder Morgan
KMI
$59.1B
| $65.4M | 0.06% |
3,899,506
-157,733
| -4% | -$2.64M |
|
289
Monster Beverage
MNST
$61B
| $65.3M | 0.06% |
1,408,244
-64,108
| -4% | -$2.97M |
|
290
Extra Space Storage
EXR
$31.3B
| $65.1M | 0.06% |
382,721
-5,739
| -1% | -$976K |
|
291
MSCI
MSCI
$42.9B
| $65.1M | 0.06% |
157,877
-9,123
| -5% | -$3.76M |
|
292
Cheniere Energy
LNG
$51.8B
| $63.5M | 0.06% |
477,138
-14,367
| -3% | -$1.91M |
|
293
Parker-Hannifin
PH
$96.1B
| $63.3M | 0.06% |
257,155
-10,109
| -4% | -$2.49M |
|
294
Johnson Controls International
JCI
$69.5B
| $63M | 0.06% |
1,316,712
-86,450
| -6% | -$4.14M |
|
295
Neurocrine Biosciences
NBIX
$14.3B
| $62.9M | 0.06% |
645,504
-10,071
| -2% | -$982K |
|
296
Cintas
CTAS
$82.4B
| $62.8M | 0.06% |
672,056
-38,116
| -5% | -$3.56M |
|
297
Uber
UBER
$190B
| $62.1M | 0.06% |
3,032,743
+159,088
| +6% | +$3.25M |
|
298
Global Payments
GPN
$21.3B
| $61.3M | 0.06% |
554,144
-69,036
| -11% | -$7.64M |
|
299
Yum China
YUMC
$16.5B
| $60.6M | 0.06% |
1,250,210
-283,211
| -18% | -$13.7M |
|
300
Simon Property Group
SPG
$59.5B
| $60.5M | 0.06% |
637,112
-23,180
| -4% | -$2.2M |
|