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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
NIO
NIO
$13.9B
| $53.6M | 0.05% |
2,466,961
-76,718
| -3% | -$1.67M |
|
327
Knight Transportation
KNX
$6.94B
| $53.5M | 0.05% |
1,154,668
-19,245
| -2% | -$891K |
|
328
Tradeweb Markets
TW
$25.5B
| $53.4M | 0.05% |
783,140
-11,495
| -1% | -$785K |
|
|
DFS
329
DELISTED
Discover Financial Services
DFS
| $53.3M | 0.05% |
563,306
-36,482
| -6% | -$3.45M |
|
330
Mettler-Toledo International
MTD
$27.1B
| $53.2M | 0.05% |
46,268
-2,147
| -4% | -$2.47M |
|
331
Illumina
ILMN
$15.5B
| $53.1M | 0.05% |
296,150
-10,576
| -3% | -$1.9M |
|
|
WBA
332
DELISTED
Walgreens Boots Alliance
WBA
| $53M | 0.05% |
1,397,392
-66,381
| -5% | -$2.52M |
|
333
PPG Industries
PPG
$25.2B
| $52.9M | 0.05% |
462,789
-20,523
| -4% | -$2.35M |
|
334
Snowflake
SNOW
$75.6B
| $52.8M | 0.05% |
379,748
-24,237
| -6% | -$3.37M |
|
|
XYZ
335
Block, Inc.
XYZ
$46.2B
| $52.8M | 0.05% |
859,120
-1,756
| -0.2% | -$108K |
|
336
Equity Residential
EQR
$25.4B
| $52.6M | 0.05% |
728,982
-29,907
| -4% | -$2.16M |
|
337
SS&C Technologies
SSNC
$21.7B
| $52.6M | 0.05% |
905,186
+454,517
| +101% | +$26.4M |
|
338
Liberty Global Class C
LBTYK
$4.04B
| $52.4M | 0.05% |
2,372,983
-106,055
| -4% | -$2.34M |
|
339
KKR & Co
KKR
$124B
| $51.5M | 0.05% |
1,113,445
-40,462
| -4% | -$1.87M |
|
340
VICI Properties
VICI
$35.5B
| $51.4M | 0.05% |
1,726,587
+516,692
| +43% | +$15.4M |
|
341
Factset
FDS
$14.2B
| $51.4M | 0.05% |
133,610
-2,590
| -2% | -$996K |
|
342
Mercado Libre
MELI
$119B
| $50.8M | 0.05% |
79,793
-4,631
| -5% | -$2.95M |
|
|
FRC
343
DELISTED
First Republic Bank
FRC
| $50.8M | 0.05% |
352,385
-17,648
| -5% | -$2.54M |
|
344
Atlassian
TEAM
$45.3B
| $50.7M | 0.05% |
270,429
-15,700
| -5% | -$2.94M |
|
345
Weyerhaeuser
WY
$18.7B
| $49.6M | 0.05% |
1,497,154
-59,228
| -4% | -$1.96M |
|
346
CBRE Group
CBRE
$48.7B
| $49.3M | 0.05% |
669,475
-38,636
| -5% | -$2.84M |
|
347
Tractor Supply
TSCO
$31.8B
| $49.2M | 0.05% |
1,269,015
-93,200
| -7% | -$3.61M |
|
348
T Rowe Price
TROW
$23.8B
| $49.1M | 0.05% |
432,494
-19,990
| -4% | -$2.27M |
|
349
Tyson Foods
TSN
$19.9B
| $49M | 0.05% |
569,450
-22,159
| -4% | -$1.91M |
|
350
Oneok
OKE
$44.9B
| $48.8M | 0.05% |
878,459
-33,445
| -4% | -$1.86M |
|