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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Cencora
COR
$56.5B
| $75.5M | 0.06% |
455,727
+74,107
| +19% | +$12.3M |
|
302
Neurocrine Biosciences
NBIX
$13.8B
| $75.4M | 0.06% |
631,534
-18,250
| -3% | -$2.18M |
|
303
Hilton Worldwide
HLT
$64.9B
| $75.3M | 0.06% |
595,806
-16,534
| -3% | -$2.09M |
|
304
Carrier Global
CARR
$55.5B
| $75.3M | 0.06% |
1,824,639
-86,193
| -5% | -$3.56M |
|
305
NiSource
NI
$19.9B
| $74.8M | 0.06% |
2,727,827
-144,330
| -5% | -$3.96M |
|
306
TransDigm Group
TDG
$78.8B
| $73.8M | 0.06% |
117,183
+3,640
| +3% | +$2.29M |
|
307
Mettler-Toledo International
MTD
$26.8B
| $73.2M | 0.06% |
50,661
+1,393
| +3% | +$2.01M |
|
308
MarketAxess Holdings
MKTX
$6.87B
| $72.7M | 0.06% |
260,754
-8,862
| -3% | -$2.47M |
|
309
Otis Worldwide
OTIS
$33.9B
| $71.7M | 0.06% |
915,205
-52,714
| -5% | -$4.13M |
|
310
Tractor Supply
TSCO
$32.7B
| $71.5M | 0.06% |
317,982
+40,400
| +15% | +$9.09M |
|
311
Airbnb
ABNB
$79.9B
| $70.7M | 0.06% |
827,316
-33,890
| -4% | -$2.9M |
|
312
Fortinet
FTNT
$60.4B
| $70.6M | 0.06% |
1,444,232
-31,651
| -2% | -$1.55M |
|
313
Marvell Technology
MRVL
$54.2B
| $69.8M | 0.06% |
1,885,097
-38,291
| -2% | -$1.42M |
|
314
VICI Properties
VICI
$36B
| $69.8M | 0.06% |
2,154,324
-44,010
| -2% | -$1.43M |
|
315
CoStar Group
CSGP
$37.9B
| $69M | 0.06% |
893,228
-4,853
| -0.5% | -$375K |
|
316
Welltower
WELL
$113B
| $68.4M | 0.06% |
1,043,804
+13,177
| +1% | +$864K |
|
317
Apollo Global Management
APO
$77.9B
| $68.3M | 0.06% |
1,070,812
+26,024
| +2% | +$1.66M |
|
318
ResMed
RMD
$40.2B
| $68M | 0.06% |
326,574
+5,254
| +2% | +$1.09M |
|
|
JNPR
319
DELISTED
Juniper Networks
JNPR
| $67.1M | 0.06% |
2,100,550
-205,310
| -9% | -$6.56M |
|
|
BKI
320
DELISTED
Black Knight, Inc. Common Stock
BKI
| $66.7M | 0.06% |
1,080,792
-58,645
| -5% | -$3.62M |
|
321
Pinduoduo
PDD
$171B
| $66.7M | 0.06% |
817,795
-2,034
| -0.2% | -$166K |
|
322
Rockwell Automation
ROK
$38.6B
| $66.4M | 0.06% |
257,869
-3,967
| -2% | -$1.02M |
|
323
State Street
STT
$32.6B
| $65.8M | 0.06% |
847,704
+2,835
| +0.3% | +$220K |
|
324
PPG Industries
PPG
$25.1B
| $65.3M | 0.06% |
519,204
-11,933
| -2% | -$1.5M |
|
325
Oneok
OKE
$48.1B
| $65.2M | 0.06% |
992,642
-23,770
| -2% | -$1.56M |
|