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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Monster Beverage
MNST
$61.9B
| $52.6M | 0.05% |
1,812,810
+109,812
| +6% | +$3.19M |
|
352
Microchip Technology
MCHP
$34.9B
| $51.9M | 0.05% |
1,116,664
+449,642
| +67% | +$20.9M |
|
353
Las Vegas Sands
LVS
$37.1B
| $51.5M | 0.05% |
891,457
+215,755
| +32% | +$12.5M |
|
|
CDK
354
DELISTED
CDK Global, Inc.
CDK
| $51.4M | 0.05% |
1,068,624
+96,896
| +10% | +$4.66M |
|
355
Regeneron Pharmaceuticals
REGN
$59B
| $51M | 0.05% |
183,828
+50,756
| +38% | +$14.1M |
|
356
Hewlett Packard
HPE
$31.5B
| $50.8M | 0.05% |
3,351,704
+371,670
| +12% | +$5.64M |
|
357
Mercado Libre
MELI
$120B
| $49.9M | 0.05% |
90,560
+23,697
| +35% | +$13.1M |
|
358
CoStar Group
CSGP
$37.3B
| $49.8M | 0.05% |
838,840
+223,890
| +36% | +$13.3M |
|
359
Fifth Third Bancorp
FITB
$30.1B
| $49.5M | 0.05% |
1,806,787
+381,119
| +27% | +$10.4M |
|
360
Chipotle Mexican Grill
CMG
$52.9B
| $49.3M | 0.05% |
2,934,400
+673,950
| +30% | +$11.3M |
|
361
Equity Lifestyle Properties
ELS
$11.9B
| $49.3M | 0.05% |
738,064
+430,964
| +140% | +$28.8M |
|
362
Palo Alto Networks
PANW
$132B
| $49.1M | 0.05% |
1,444,476
+290,538
| +25% | +$9.87M |
|
363
CBRE Group
CBRE
$48.2B
| $48.8M | 0.05% |
920,998
+111,277
| +14% | +$5.9M |
|
364
Yum China
YUMC
$16.2B
| $47.9M | 0.05% |
1,054,758
-357,815
| -25% | -$16.3M |
|
365
Weyerhaeuser
WY
$18.2B
| $47.5M | 0.05% |
1,714,255
+251,487
| +17% | +$6.97M |
|
|
PBCT
366
DELISTED
People's United Financial Inc
PBCT
| $47.4M | 0.05% |
3,029,300
+260,107
| +9% | +$4.07M |
|
367
Akamai
AKAM
$11.2B
| $47.3M | 0.05% |
517,424
+77,846
| +18% | +$7.11M |
|
368
Ameriprise Financial
AMP
$46.5B
| $47M | 0.05% |
319,802
+65,620
| +26% | +$9.65M |
|
369
Aptiv
APTV
$17.9B
| $46.8M | 0.05% |
534,779
+128,997
| +32% | +$11.3M |
|
370
CDW
CDW
$22.1B
| $46.5M | 0.05% |
377,358
+82,898
| +28% | +$10.2M |
|
371
Ametek
AME
$43.3B
| $46.4M | 0.05% |
505,790
+142,908
| +39% | +$13.1M |
|
|
ALXN
372
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $46M | 0.05% |
469,855
+113,287
| +32% | +$11.1M |
|
373
Northern Trust
NTRS
$24.6B
| $45.8M | 0.05% |
490,891
+7,634
| +2% | +$712K |
|
374
Royal Caribbean
RCL
$93.8B
| $45.6M | 0.05% |
420,517
+41,206
| +11% | +$4.46M |
|
375
KeyCorp
KEY
$20.9B
| $44.9M | 0.04% |
2,517,661
+410,563
| +19% | +$7.32M |
|