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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Prudential Financial
PRU
$37.2B
| $55.9M | 0.06% |
917,533
+3,412
| +0.4% | +$208K |
|
327
Marathon Petroleum
MPC
$55.1B
| $55.8M | 0.06% |
1,492,082
+13,337
| +0.9% | +$499K |
|
328
Zimmer Biomet
ZBH
$20.7B
| $55.7M | 0.05% |
480,796
+1,783
| +0.4% | +$207K |
|
329
Microchip Technology
MCHP
$35.2B
| $55.6M | 0.05% |
1,056,714
-4,154
| -0.4% | -$219K |
|
330
SiriusXM
SIRI
$8.17B
| $55.6M | 0.05% |
947,170
-285,408
| -23% | -$16.8M |
|
331
Pinduoduo
PDD
$179B
| $55.6M | 0.05% |
647,565
+389,650
| +151% | +$33.4M |
|
332
Rockwell Automation
ROK
$38.8B
| $55.6M | 0.05% |
260,939
+1,197
| +0.5% | +$255K |
|
333
Valero Energy
VLO
$50.3B
| $55.4M | 0.05% |
941,716
-3,845
| -0.4% | -$226K |
|
334
Fastenal
FAST
$55B
| $55.2M | 0.05% |
2,577,100
+217,512
| +9% | +$4.66M |
|
335
Otis Worldwide
OTIS
$34.3B
| $55.1M | 0.05% |
+968,256
| New | +$55.1M |
|
|
ALXN
336
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $54.9M | 0.05% |
488,701
+2,781
| +0.6% | +$312K |
|
337
Ford
F
$45.7B
| $54.7M | 0.05% |
8,990,956
-884
| -0% | -$5.38K |
|
338
IAC Inc
IAC
$2.92B
| $54.1M | 0.05% |
935,860
+1,679
| +0.2% | +$97K |
|
|
XLNX
339
DELISTED
Xilinx Inc
XLNX
| $53.7M | 0.05% |
546,169
-16,555
| -3% | -$1.63M |
|
340
Cintas
CTAS
$81.7B
| $53.1M | 0.05% |
797,200
+15,600
| +2% | +$1.04M |
|
341
Parker-Hannifin
PH
$95.7B
| $52.9M | 0.05% |
288,465
-1,324
| -0.5% | -$243K |
|
342
Federal Realty Investment Trust
FRT
$8.78B
| $52.3M | 0.05% |
613,358
+12,521
| +2% | +$1.07M |
|
343
Williams Companies
WMB
$69.4B
| $51.9M | 0.05% |
2,727,797
+2,355
| +0.1% | +$44.8K |
|
344
Marvell Technology
MRVL
$57.6B
| $51.9M | 0.05% |
1,479,478
-17,175
| -1% | -$602K |
|
345
Marriott International Class A Common Stock
MAR
$72.8B
| $51.8M | 0.05% |
604,535
-17,527
| -3% | -$1.5M |
|
346
State Street
STT
$31.8B
| $51.8M | 0.05% |
815,493
-5,780
| -0.7% | -$367K |
|
347
TransDigm Group
TDG
$72.9B
| $51.6M | 0.05% |
116,686
+3,668
| +3% | +$1.62M |
|
348
Rollins
ROL
$27.7B
| $51.6M | 0.05% |
1,824,425
+112,134
| +7% | +$3.17M |
|
349
Okta
OKTA
$16.3B
| $51.5M | 0.05% |
256,991
+21,329
| +9% | +$4.27M |
|
350
Atlassian
TEAM
$47.8B
| $50.4M | 0.05% |
279,602
+10,050
| +4% | +$1.81M |
|