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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
United Rentals
URI
$62.7B
| $60M | 0.05% |
134,689
-11,174
| -8% | -$4.98M |
|
327
Jabil
JBL
$22.5B
| $59.8M | 0.05% |
553,980
+267,049
| +93% | +$28.8M |
|
328
Prudential Financial
PRU
$37.2B
| $59.7M | 0.05% |
676,684
-42,608
| -6% | -$3.76M |
|
329
Mettler-Toledo International
MTD
$26.9B
| $59.2M | 0.05% |
45,139
-1,202
| -3% | -$1.58M |
|
|
DFS
330
DELISTED
Discover Financial Services
DFS
| $59M | 0.05% |
504,597
-48,859
| -9% | -$5.71M |
|
331
ResMed
RMD
$40.6B
| $58.6M | 0.05% |
268,343
-8,395
| -3% | -$1.83M |
|
332
VICI Properties
VICI
$35.8B
| $58.6M | 0.05% |
1,864,493
-60,526
| -3% | -$1.9M |
|
333
Equity Residential
EQR
$25.5B
| $58.4M | 0.05% |
884,576
+17,800
| +2% | +$1.17M |
|
334
PG&E
PCG
$33.2B
| $58.2M | 0.05% |
3,369,615
+194,972
| +6% | +$3.37M |
|
335
F5
FFIV
$18.1B
| $57.7M | 0.05% |
394,791
-7,802
| -2% | -$1.14M |
|
336
Zimmer Biomet
ZBH
$20.9B
| $57.6M | 0.05% |
395,645
-14,803
| -4% | -$2.16M |
|
337
Baker Hughes
BKR
$44.9B
| $57.2M | 0.05% |
1,810,910
-1,581
| -0.1% | -$50K |
|
338
Devon Energy
DVN
$22.1B
| $56.9M | 0.05% |
1,177,883
-84,551
| -7% | -$4.09M |
|
339
Campbell Soup
CPB
$10.1B
| $56.7M | 0.05% |
1,241,491
-54,302
| -4% | -$2.48M |
|
340
Dollar Tree
DLTR
$20.6B
| $56.7M | 0.05% |
394,856
-106,075
| -21% | -$15.2M |
|
341
Knight Transportation
KNX
$7B
| $56.3M | 0.05% |
1,013,314
-13,198
| -1% | -$733K |
|
342
United Therapeutics
UTHR
$18.1B
| $56.2M | 0.05% |
254,664
+2,013
| +0.8% | +$444K |
|
343
GE HealthCare
GEHC
$34.6B
| $56.1M | 0.05% |
691,096
+991
| +0.1% | +$80.5K |
|
344
CrowdStrike
CRWD
$105B
| $56M | 0.05% |
381,117
-19,812
| -5% | -$2.91M |
|
345
Constellation Energy
CEG
$94.2B
| $55.6M | 0.05% |
607,338
-35,312
| -5% | -$3.23M |
|
346
IDEX
IEX
$12.4B
| $55.6M | 0.05% |
258,271
+705
| +0.3% | +$152K |
|
347
Vulcan Materials
VMC
$39B
| $55.5M | 0.05% |
245,964
-13,568
| -5% | -$3.06M |
|
348
Neurocrine Biosciences
NBIX
$14.3B
| $55.4M | 0.05% |
587,230
-16,496
| -3% | -$1.56M |
|
349
Halliburton
HAL
$18.8B
| $55.2M | 0.05% |
1,672,040
-103,095
| -6% | -$3.4M |
|
350
Delta Air Lines
DAL
$39.9B
| $55M | 0.05% |
1,157,653
-44,104
| -4% | -$2.1M |
|