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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
PACCAR
PCAR
$53.3B
| $66.8M | 0.06% |
1,175,757
+30,265
| +3% | +$1.72M |
|
302
T Rowe Price
TROW
$23.2B
| $66.8M | 0.06% |
520,947
+11,932
| +2% | +$1.53M |
|
303
Trane Technologies
TT
$89.6B
| $66.6M | 0.06% |
549,319
+13,865
| +3% | +$1.68M |
|
304
PPG Industries
PPG
$24.6B
| $66.4M | 0.06% |
543,945
+12,771
| +2% | +$1.56M |
|
305
Rollins
ROL
$27B
| $66.4M | 0.06% |
1,837,469
+13,044
| +0.7% | +$471K |
|
306
Bank of New York Mellon
BK
$76.5B
| $65.9M | 0.06% |
1,918,850
+68,430
| +4% | +$2.35M |
|
307
Everest Group
EG
$14B
| $65.8M | 0.06% |
333,319
-7,785
| -2% | -$1.54M |
|
308
AGNC Investment
AGNC
$10.6B
| $65.6M | 0.06% |
4,716,037
+88,555
| +2% | +$1.23M |
|
309
HP
HPQ
$26.4B
| $65.4M | 0.06% |
3,441,395
+122,846
| +4% | +$2.33M |
|
310
Zimmer Biomet
ZBH
$19.9B
| $64.7M | 0.06% |
489,141
+8,345
| +2% | +$1.1M |
|
|
ANSS
311
DELISTED
Ansys
ANSS
| $64.2M | 0.06% |
196,336
+4,573
| +2% | +$1.5M |
|
312
Iron Mountain
IRM
$29.2B
| $63.2M | 0.06% |
2,358,924
+67,710
| +3% | +$1.81M |
|
313
Palo Alto Networks
PANW
$138B
| $62.6M | 0.06% |
1,533,930
-63,270
| -4% | -$2.58M |
|
314
F5
FFIV
$19.1B
| $62.4M | 0.06% |
508,641
-3,246
| -0.6% | -$399K |
|
|
Y
315
DELISTED
Alleghany Corporation
Y
| $61.9M | 0.06% |
118,945
-894
| -0.7% | -$465K |
|
316
Otis Worldwide
OTIS
$35.5B
| $61.8M | 0.06% |
990,858
+22,602
| +2% | +$1.41M |
|
317
Best Buy
BBY
$15.5B
| $61.6M | 0.05% |
553,825
+22,017
| +4% | +$2.45M |
|
|
318
Realty Income
O
$54B
| $61.6M | 0.05% |
1,045,610
-1,871,304
| -64% | -$110M |
|
319
Carrier Global
CARR
$52B
| $60.5M | 0.05% |
1,981,276
+45,224
| +2% | +$1.38M |
|
320
Prudential Financial
PRU
$36.6B
| $60.4M | 0.05% |
951,116
+33,583
| +4% | +$2.13M |
|
|
WBA
321
DELISTED
Walgreens Boots Alliance
WBA
| $60M | 0.05% |
1,670,736
-28,909
| -2% | -$1.04M |
|
322
Arch Capital
ACGL
$32.9B
| $59.9M | 0.05% |
2,049,274
-1,328,494
| -39% | -$38.9M |
|
323
Marvell Technology
MRVL
$64B
| $59.9M | 0.05% |
1,509,474
+29,996
| +2% | +$1.19M |
|
324
Parker-Hannifin
PH
$95.7B
| $59.7M | 0.05% |
295,050
+6,585
| +2% | +$1.33M |
|
325
Fastenal
FAST
$54.2B
| $59.5M | 0.05% |
2,640,166
+63,066
| +2% | +$1.42M |
|