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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Bio-Rad Laboratories Class A
BIO
$7.86B
| $69.4M | 0.06% |
144,965
-8,856
| -6% | -$4.24M |
|
302
Cummins
CMI
$54.8B
| $69.3M | 0.06% |
289,986
-39,610
| -12% | -$9.46M |
|
303
Ameriprise Financial
AMP
$46.4B
| $68.7M | 0.06% |
224,119
-33,862
| -13% | -$10.4M |
|
|
ANSS
304
DELISTED
Ansys
ANSS
| $68.1M | 0.06% |
204,772
-204,382
| -50% | -$68M |
|
305
Amdocs
DOX
$9.44B
| $68.1M | 0.06% |
708,694
+16,281
| +2% | +$1.56M |
|
306
Tractor Supply
TSCO
$31.8B
| $68M | 0.06% |
1,446,350
-143,560
| -9% | -$6.75M |
|
307
Rockwell Automation
ROK
$38.8B
| $67M | 0.06% |
228,436
-29,433
| -11% | -$8.64M |
|
308
Bank of New York Mellon
BK
$73.4B
| $66.8M | 0.06% |
1,470,173
-246,732
| -14% | -$11.2M |
|
309
Otis Worldwide
OTIS
$34.3B
| $65.9M | 0.06% |
781,118
-134,087
| -15% | -$11.3M |
|
310
Welltower
WELL
$113B
| $65.3M | 0.06% |
911,267
-132,537
| -13% | -$9.5M |
|
311
DuPont de Nemours
DD
$32.6B
| $65.1M | 0.06% |
906,761
-229,614
| -20% | -$16.5M |
|
312
Edison International
EIX
$20.5B
| $64.4M | 0.06% |
911,722
-108,803
| -11% | -$7.68M |
|
313
Devon Energy
DVN
$21.8B
| $63.9M | 0.06% |
1,262,434
-252,012
| -17% | -$12.8M |
|
314
Pinduoduo
PDD
$179B
| $62.9M | 0.06% |
828,985
+11,190
| +1% | +$849K |
|
315
VICI Properties
VICI
$35.5B
| $62.8M | 0.06% |
1,925,019
-229,305
| -11% | -$7.48M |
|
316
Copart
CPRT
$47.1B
| $62.6M | 0.06% |
1,664,534
-252,860
| -13% | -$9.51M |
|
317
Cardinal Health
CAH
$35.9B
| $62.3M | 0.06% |
824,906
-17,860
| -2% | -$1.35M |
|
318
Cincinnati Financial
CINF
$24B
| $61.8M | 0.05% |
551,338
-48,169
| -8% | -$5.4M |
|
319
Gen Digital
GEN
$18.4B
| $61.5M | 0.05% |
3,585,879
-210,963
| -6% | -$3.62M |
|
320
D.R. Horton
DHI
$53B
| $61.3M | 0.05% |
627,010
-75,300
| -11% | -$7.36M |
|
321
Liberty Broadband Class C
LBRDK
$8.69B
| $61.2M | 0.05% |
749,353
-41,020
| -5% | -$3.35M |
|
322
Neurocrine Biosciences
NBIX
$14.3B
| $61.1M | 0.05% |
603,726
-27,808
| -4% | -$2.81M |
|
323
PPG Industries
PPG
$25.2B
| $60.6M | 0.05% |
453,926
-65,278
| -13% | -$8.72M |
|
324
ResMed
RMD
$40.9B
| $60.6M | 0.05% |
276,738
-49,836
| -15% | -$10.9M |
|
|
SGEN
325
DELISTED
Seagen Inc. Common Stock
SGEN
| $60M | 0.05% |
296,338
-150,479
| -34% | -$30.5M |
|