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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Cadence Design Systems
CDNS
$98.6B
| $59.2M | 0.05% |
853,549
-18,462
| -2% | -$1.28M |
|
352
Synchrony
SYF
$28B
| $58.9M | 0.05% |
1,635,793
-77,405
| -5% | -$2.79M |
|
|
XLNX
353
DELISTED
Xilinx Inc
XLNX
| $58.9M | 0.05% |
602,169
+17,795
| +3% | +$1.74M |
|
354
T-Mobile US
TMUS
$273B
| $58.9M | 0.05% |
750,636
-33,579
| -4% | -$2.63M |
|
355
Monster Beverage
MNST
$61.9B
| $58.6M | 0.05% |
1,844,790
+31,980
| +2% | +$1.02M |
|
356
iShares Russell 2000 ETF
IWM
$66.5B
| $58.6M | 0.05% |
+353,812
| New | +$58.6M |
|
357
Uber
UBER
$199B
| $58.4M | 0.05% |
1,963,765
+1,626,401
| +482% | +$48.4M |
|
|
WBC
358
DELISTED
WABCO HOLDINGS INC.
WBC
| $58.4M | 0.05% |
430,876
+310,751
| +259% | +$42.1M |
|
359
Microchip Technology
MCHP
$34.9B
| $58.1M | 0.05% |
1,110,474
-6,190
| -0.6% | -$324K |
|
360
Aptiv
APTV
$17.9B
| $57.6M | 0.05% |
606,689
+71,910
| +13% | +$6.83M |
|
|
TWTR
361
DELISTED
Twitter, Inc.
TWTR
| $57.3M | 0.05% |
1,788,624
+167,170
| +10% | +$5.36M |
|
|
PARA
362
DELISTED
Paramount Global Class B
PARA
| $56.7M | 0.05% |
1,349,880
+574,369
| +74% | +$24.1M |
|
363
Archer Daniels Midland
ADM
$29.9B
| $56.6M | 0.05% |
1,222,090
-995,593
| -45% | -$46.1M |
|
364
Las Vegas Sands
LVS
$37.1B
| $56.6M | 0.05% |
819,236
-72,221
| -8% | -$4.99M |
|
365
Centene
CNC
$15.3B
| $56.5M | 0.05% |
899,176
+28,202
| +3% | +$1.77M |
|
366
Hewlett Packard
HPE
$31.5B
| $56.4M | 0.05% |
3,555,199
+203,495
| +6% | +$3.23M |
|
|
ALXN
367
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $56.2M | 0.05% |
519,973
+50,118
| +11% | +$5.42M |
|
368
Rockwell Automation
ROK
$38.8B
| $56.1M | 0.05% |
276,773
+7,984
| +3% | +$1.62M |
|
369
Burlington
BURL
$18.3B
| $55.9M | 0.05% |
245,223
+29,892
| +14% | +$6.82M |
|
370
Cintas
CTAS
$81.7B
| $55.4M | 0.05% |
824,028
-32,712
| -4% | -$2.2M |
|
|
CDK
371
DELISTED
CDK Global, Inc.
CDK
| $55.4M | 0.05% |
1,012,813
-55,811
| -5% | -$3.05M |
|
|
PXD
372
DELISTED
Pioneer Natural Resource Co.
PXD
| $55.1M | 0.05% |
364,229
+20,480
| +6% | +$3.1M |
|
373
M&T Bank
MTB
$31.1B
| $54.9M | 0.05% |
323,437
-20,381
| -6% | -$3.46M |
|
374
Royal Caribbean
RCL
$93.8B
| $54.9M | 0.05% |
411,011
-9,506
| -2% | -$1.27M |
|
375
Fifth Third Bancorp
FITB
$30.1B
| $54.4M | 0.05% |
1,770,101
-36,686
| -2% | -$1.13M |
|