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 |
Walmart
WMT
|
$250M |
| 2 |
Target
TGT
|
$142M |
| 3 |
Abbott
ABT
|
$113M |
| 4 |
Verizon
VZ
|
$87.4M |
| 5 |
NetEase
NTES
|
$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Palo Alto Networks
PANW
$130B
| $83.7M | 0.06% |
1,559,118
-6,438
| -0.4% | -$346K |
|
302
Vipshop
VIPS
$8.45B
| $83.5M | 0.06% |
2,795,940
+1,819,394
| +186% | +$54.3M |
|
303
Equity Lifestyle Properties
ELS
$12B
| $83.4M | 0.06% |
1,310,121
-92,545
| -7% | -$5.89M |
|
304
W.R. Berkley
WRB
$27.3B
| $83M | 0.06% |
2,477,680
-101,533
| -4% | -$3.4M |
|
305
Cboe Global Markets
CBOE
$24.3B
| $82.9M | 0.06% |
840,207
-40,932
| -5% | -$4.04M |
|
306
Roku
ROKU
$14B
| $82.8M | 0.06% |
254,157
-5,459
| -2% | -$1.78M |
|
307
Camden Property Trust
CPT
$11.9B
| $82.4M | 0.06% |
749,951
-33,123
| -4% | -$3.64M |
|
308
Phillips 66
PSX
$53.2B
| $81.6M | 0.06% |
1,000,335
-56,501
| -5% | -$4.61M |
|
309
PPG Industries
PPG
$24.8B
| $81.4M | 0.06% |
541,761
-23,600
| -4% | -$3.55M |
|
310
lululemon athletica
LULU
$19.9B
| $81M | 0.06% |
264,112
-8,821
| -3% | -$2.71M |
|
311
Universal Health Services
UHS
$12.1B
| $80.6M | 0.06% |
604,173
-26,026
| -4% | -$3.47M |
|
312
Corteva
CTVA
$49.1B
| $80.4M | 0.06% |
1,723,577
-67,066
| -4% | -$3.13M |
|
313
International Flavors & Fragrances
IFF
$16.9B
| $80.1M | 0.06% |
573,999
+317,367
| +124% | +$44.3M |
|
314
Western Union
WU
$2.86B
| $79.8M | 0.06% |
3,235,417
-157,622
| -5% | -$3.89M |
|
|
ALXN
315
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $79.6M | 0.06% |
520,238
-15,465
| -3% | -$2.36M |
|
316
Marathon Petroleum
MPC
$54.8B
| $79.1M | 0.06% |
1,479,532
-66,962
| -4% | -$3.58M |
|
317
Everest Group
EG
$14.3B
| $78.2M | 0.06% |
315,756
-7,992
| -2% | -$1.98M |
|
318
Bunge Global
BG
$16.9B
| $77.9M | 0.06% |
983,159
+10,553
| +1% | +$837K |
|
319
Monster Beverage
MNST
$61B
| $77.6M | 0.06% |
1,702,944
-65,666
| -4% | -$2.99M |
|
320
MSCI
MSCI
$42.9B
| $77.4M | 0.06% |
184,504
-11,104
| -6% | -$4.66M |
|
321
Zimmer Biomet
ZBH
$20.9B
| $77.2M | 0.06% |
496,491
-13,945
| -3% | -$2.17M |
|
322
Henry Schein
HSIC
$8.42B
| $77.1M | 0.06% |
1,114,083
-43,994
| -4% | -$3.05M |
|
323
Marvell Technology
MRVL
$54.6B
| $76.4M | 0.06% |
1,559,340
-29,667
| -2% | -$1.45M |
|
324
Hilton Worldwide
HLT
$64B
| $76.3M | 0.06% |
631,238
-26,086
| -4% | -$3.15M |
|
325
Globe Life
GL
$11.3B
| $76.2M | 0.06% |
788,266
-37,833
| -5% | -$3.66M |
|