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 | |
|---|---|---|---|---|---|---|
326
Edison International
EIX
$21.3B
| $64.9M | 0.06% |
1,020,525
-18,199
| -2% | -$1.16M |
|
327
Cardinal Health
CAH
$35.7B
| $64.8M | 0.06% |
842,766
+193,572
| +30% | +$14.9M |
|
328
Bio-Rad Laboratories Class A
BIO
$7.8B
| $64.7M | 0.06% |
153,821
-6,926
| -4% | -$2.91M |
|
329
HP
HPQ
$26.9B
| $64.6M | 0.06% |
2,405,767
-28,367
| -1% | -$762K |
|
330
Alnylam Pharmaceuticals
ALNY
$58.5B
| $64.4M | 0.05% |
270,883
+1,123
| +0.4% | +$267K |
|
331
Constellation Energy
CEG
$95.9B
| $63.8M | 0.05% |
740,145
-2,821
| -0.4% | -$243K |
|
332
SS&C Technologies
SSNC
$21.1B
| $63.5M | 0.05% |
1,219,016
+35,799
| +3% | +$1.86M |
|
|
DFS
333
DELISTED
Discover Financial Services
DFS
| $63.4M | 0.05% |
648,317
+11,819
| +2% | +$1.16M |
|
334
Amdocs
DOX
$9.25B
| $62.9M | 0.05% |
692,413
+57,075
| +9% | +$5.19M |
|
335
D.R. Horton
DHI
$51.8B
| $62.6M | 0.05% |
702,310
-24,865
| -3% | -$2.22M |
|
336
Global Payments
GPN
$20.9B
| $62.2M | 0.05% |
626,306
-15,216
| -2% | -$1.51M |
|
|
XYZ
337
Block, Inc.
XYZ
$46.2B
| $62M | 0.05% |
986,869
-92,802
| -9% | -$5.83M |
|
338
Baker Hughes
BKR
$44.4B
| $62M | 0.05% |
2,098,895
-55,620
| -3% | -$1.64M |
|
|
WBA
339
DELISTED
Walgreens Boots Alliance
WBA
| $61.8M | 0.05% |
1,655,027
+3,111
| +0.2% | +$116K |
|
340
ON Semiconductor
ON
$19.2B
| $61.4M | 0.05% |
984,643
-8,625
| -0.9% | -$538K |
|
341
Cincinnati Financial
CINF
$23.9B
| $61.4M | 0.05% |
599,507
-12,638
| -2% | -$1.29M |
|
342
IDEX
IEX
$12.1B
| $61.2M | 0.05% |
268,200
+99,166
| +59% | +$22.6M |
|
343
AvalonBay Communities
AVB
$27.1B
| $60.8M | 0.05% |
376,309
+60,885
| +19% | +$9.83M |
|
344
Coterra Energy
CTRA
$18.5B
| $60.5M | 0.05% |
2,462,122
-551,795
| -18% | -$13.6M |
|
345
Liberty Broadband Class C
LBRDK
$8.58B
| $60.3M | 0.05% |
790,373
-120,201
| -13% | -$9.17M |
|
346
F5
FFIV
$17.5B
| $60.2M | 0.05% |
419,416
-21,205
| -5% | -$3.04M |
|
347
Zimmer Biomet
ZBH
$20.7B
| $60.2M | 0.05% |
471,837
-9,262
| -2% | -$1.18M |
|
348
GoDaddy
GDDY
$19.8B
| $59.5M | 0.05% |
795,886
+154,722
| +24% | +$11.6M |
|
349
Illumina
ILMN
$15.2B
| $59.5M | 0.05% |
294,432
-25,623
| -8% | -$5.18M |
|
350
PG&E
PCG
$33.5B
| $59.4M | 0.05% |
3,652,717
+83,197
| +2% | +$1.35M |
|