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 |
Alphabet (Google) Class A
GOOGL
|
$394M |
| 2 |
Amazon
AMZN
|
$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
$99.1M |
| 4 |
Unilever
UL
|
$79.5M |
| 5 |
Alibaba
BABA
|
$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
$61.1M |
| 3 |
Apple
AAPL
|
$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Quest Diagnostics
DGX
$20.5B
| $37.8M | 0.05% |
383,745
-28,055
| -7% | -$2.76M |
|
|
MMP
352
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $37.7M | 0.05% |
532,115
+12,848
| +2% | +$911K |
|
353
Xylem
XYL
$34.2B
| $37.7M | 0.05% |
552,443
+33,511
| +6% | +$2.29M |
|
354
Essex Property Trust
ESS
$17.3B
| $37.6M | 0.05% |
155,918
+9,411
| +6% | +$2.27M |
|
355
Fastenal
FAST
$55.1B
| $37.6M | 0.05% |
2,749,724
+120,416
| +5% | +$1.65M |
|
356
Capri Holdings
CPRI
$2.53B
| $37.6M | 0.05% |
596,707
+96,680
| +19% | +$6.09M |
|
|
LLL
357
DELISTED
L3 Technologies, Inc.
LLL
| $37.6M | 0.05% |
189,841
+5,327
| +3% | +$1.05M |
|
358
Blackstone
BX
$133B
| $37.6M | 0.05% |
1,172,956
-332
| -0% | -$10.6K |
|
359
J.M. Smucker
SJM
$12B
| $37.4M | 0.05% |
301,194
+33,373
| +12% | +$4.15M |
|
360
Yum China
YUMC
$16.5B
| $37.3M | 0.05% |
932,298
+88,854
| +11% | +$3.56M |
|
361
Realty Income
O
$54.2B
| $37.3M | 0.05% |
674,177
+96,407
| +17% | +$5.33M |
|
|
MXIM
362
DELISTED
Maxim Integrated Products
MXIM
| $37.2M | 0.05% |
712,399
+4,930
| +0.7% | +$258K |
|
363
DaVita
DVA
$9.86B
| $37M | 0.05% |
511,756
+21,624
| +4% | +$1.56M |
|
364
iShares Core MSCI EAFE ETF
IEFA
$150B
| $36.9M | 0.05% |
+558,723
| New | +$36.9M |
|
365
Invesco
IVZ
$9.81B
| $36.9M | 0.05% |
1,009,713
+449
| +0% | +$16.4K |
|
366
United Rentals
URI
$62.7B
| $36.8M | 0.05% |
214,234
+4,230
| +2% | +$727K |
|
367
Darden Restaurants
DRI
$24.5B
| $36.7M | 0.05% |
381,805
+96,632
| +34% | +$9.28M |
|
368
IQVIA
IQV
$31.9B
| $36.7M | 0.05% |
374,388
+56,334
| +18% | +$5.52M |
|
|
ETFC
369
DELISTED
E*Trade Financial Corporation
ETFC
| $36.6M | 0.05% |
739,333
-8,577
| -1% | -$425K |
|
370
Incyte
INCY
$16.9B
| $36.6M | 0.05% |
386,208
+26,936
| +7% | +$2.55M |
|
371
Markel Group
MKL
$24.2B
| $36.3M | 0.05% |
31,866
+2,432
| +8% | +$2.77M |
|
|
TSS
372
DELISTED
Total System Services, Inc.
TSS
| $36M | 0.05% |
455,681
+32,487
| +8% | +$2.57M |
|
373
NVR
NVR
$23.5B
| $36M | 0.05% |
10,271
-1,593
| -13% | -$5.59M |
|
374
Centene
CNC
$14.2B
| $36M | 0.05% |
713,674
+17,634
| +3% | +$889K |
|
375
Extra Space Storage
EXR
$31.3B
| $35.9M | 0.05% |
410,079
+129,209
| +46% | +$11.3M |
|