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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Air Products & Chemicals
APD
$64.3B
| $79.1M | 0.06% |
268,089
-6,471
| -2% | -$1.91M |
|
277
Synopsys
SNPS
$113B
| $77.9M | 0.05% |
181,667
-264,708
| -59% | -$114M |
|
278
Ametek
AME
$43.6B
| $77.7M | 0.05% |
451,559
-7,154
| -2% | -$1.23M |
|
279
Tradeweb Markets
TW
$25.5B
| $77.5M | 0.05% |
521,822
-12,846
| -2% | -$1.91M |
|
280
Expeditors International
EXPD
$16.5B
| $76.5M | 0.05% |
636,145
-32,051
| -5% | -$3.85M |
|
281
Copart
CPRT
$47.1B
| $76.3M | 0.05% |
1,348,240
-46,056
| -3% | -$2.61M |
|
282
Baxter International
BAX
$12.4B
| $75.5M | 0.05% |
2,205,846
-111,731
| -5% | -$3.82M |
|
283
Fair Isaac
FICO
$36.9B
| $75.5M | 0.05% |
40,941
-1,364
| -3% | -$2.52M |
|
284
Factset
FDS
$14.2B
| $75.4M | 0.05% |
165,942
-5,245
| -3% | -$2.38M |
|
285
Kenvue
KVUE
$35.4B
| $74.8M | 0.05% |
3,118,787
+174,256
| +6% | +$4.18M |
|
286
Sysco
SYY
$39B
| $74.4M | 0.05% |
992,075
-21,336
| -2% | -$1.6M |
|
287
AvalonBay Communities
AVB
$27.7B
| $74.2M | 0.05% |
345,746
+913
| +0.3% | +$196K |
|
288
Cummins
CMI
$54.8B
| $74M | 0.05% |
236,243
-4,300
| -2% | -$1.35M |
|
289
Targa Resources
TRGP
$34.5B
| $73.8M | 0.05% |
368,220
-842
| -0.2% | -$169K |
|
290
Loews
L
$19.9B
| $73.7M | 0.05% |
801,433
-50,222
| -6% | -$4.62M |
|
291
Alliant Energy
LNT
$16.5B
| $73.5M | 0.05% |
1,142,229
-32,399
| -3% | -$2.08M |
|
292
Digital Realty Trust
DLR
$55B
| $72.8M | 0.05% |
508,361
-10,585
| -2% | -$1.52M |
|
293
Baker Hughes
BKR
$45B
| $72.8M | 0.05% |
1,655,981
-6,432
| -0.4% | -$283K |
|
294
F5
FFIV
$18.4B
| $72.6M | 0.05% |
272,520
-1,094
| -0.4% | -$291K |
|
295
Valero Energy
VLO
$48.9B
| $72.6M | 0.05% |
549,425
-13,435
| -2% | -$1.77M |
|
296
Seagate
STX
$40.2B
| $72.5M | 0.05% |
853,328
-23,386
| -3% | -$1.99M |
|
|
HES
297
DELISTED
Hess
HES
| $71.2M | 0.05% |
445,585
-5,480
| -1% | -$875K |
|
298
Casey's General Stores
CASY
$19.4B
| $71.1M | 0.05% |
163,824
-5,637
| -3% | -$2.45M |
|
299
Guidewire Software
GWRE
$22B
| $71M | 0.05% |
379,150
-7,096
| -2% | -$1.33M |
|
300
Monster Beverage
MNST
$61.5B
| $70.9M | 0.05% |
1,212,012
+218,163
| +22% | +$12.8M |
|