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 |
Microsoft
MSFT
|
$555M |
| 2 |
Apple
AAPL
|
$534M |
| 3 |
Amazon
AMZN
|
$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$268M |
| 5 |
Alibaba
BABA
|
$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
$145M |
| 3 |
Becton Dickinson
BDX
|
$103M |
| 4 |
HCA Healthcare
HCA
|
$84.7M |
| 5 |
Pfizer
PFE
|
$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
TransDigm Group
TDG
$71.6B
| $58.6M | 0.06% |
112,526
+25,922
| +30% | +$13.5M |
|
|
FLIR
327
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $58.4M | 0.06% |
1,111,313
+98,054
| +10% | +$5.16M |
|
328
Synchrony
SYF
$28.1B
| $58.4M | 0.06% |
1,713,198
+388,914
| +29% | +$13.3M |
|
329
Parker-Hannifin
PH
$96.1B
| $57.7M | 0.06% |
319,367
+46,249
| +17% | +$8.35M |
|
330
Cadence Design Systems
CDNS
$95.6B
| $57.6M | 0.06% |
872,011
+136,169
| +19% | +$9M |
|
331
Cintas
CTAS
$82.4B
| $57.4M | 0.06% |
856,740
+164,032
| +24% | +$11M |
|
|
LSXMK
332
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $56.7M | 0.06% |
1,774,984
+77,426
| +5% | +$2.47M |
|
333
International Flavors & Fragrances
IFF
$16.9B
| $56.7M | 0.06% |
462,045
-106,720
| -19% | -$13.1M |
|
334
Sun Communities
SUI
$16.2B
| $56.7M | 0.06% |
381,623
+234,704
| +160% | +$34.8M |
|
335
KLA
KLAC
$119B
| $56.4M | 0.06% |
353,637
+69,361
| +24% | +$11.1M |
|
|
XLNX
336
DELISTED
Xilinx Inc
XLNX
| $56M | 0.06% |
584,374
+137,263
| +31% | +$13.2M |
|
337
Agilent Technologies
A
$36.5B
| $54.8M | 0.05% |
715,746
+74,766
| +12% | +$5.73M |
|
338
Edison International
EIX
$21B
| $54.4M | 0.05% |
721,172
+183,336
| +34% | +$13.8M |
|
339
Idexx Laboratories
IDXX
$51.4B
| $54.3M | 0.05% |
199,848
+41,845
| +26% | +$11.4M |
|
340
M&T Bank
MTB
$31.2B
| $54.3M | 0.05% |
343,818
+70,002
| +26% | +$11.1M |
|
341
Baidu
BIDU
$35.1B
| $54.2M | 0.05% |
527,830
+318,582
| +152% | +$32.7M |
|
342
State Street
STT
$32B
| $53.9M | 0.05% |
911,409
+108,463
| +14% | +$6.42M |
|
|
CMCT
343
Creative Media & Community Trust
CMCT
$5.34M
| $53.7M | 0.05% |
+14,134
| New | +$53.7M |
|
344
Conagra Brands
CAG
$9.23B
| $53.6M | 0.05% |
1,748,068
+167,690
| +11% | +$5.14M |
|
345
Stanley Black & Decker
SWK
$12.1B
| $53.6M | 0.05% |
370,944
+84,352
| +29% | +$12.2M |
|
346
Kroger
KR
$44.8B
| $53.3M | 0.05% |
2,066,142
+367,392
| +22% | +$9.47M |
|
347
Corning
GLW
$61B
| $53.2M | 0.05% |
1,863,918
+352,220
| +23% | +$10M |
|
348
United Airlines
UAL
$34.5B
| $53.1M | 0.05% |
600,077
+104,553
| +21% | +$9.24M |
|
349
Bunge Global
BG
$16.9B
| $52.8M | 0.05% |
931,687
+92,780
| +11% | +$5.25M |
|
350
lululemon athletica
LULU
$19.9B
| $52.7M | 0.05% |
273,863
+78,647
| +40% | +$15.1M |
|