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 |
Verizon
VZ
|
$165M |
| 2 |
Oracle
ORCL
|
$139M |
| 3 |
CME Group
CME
|
$99.7M |
| 4 |
Gilead Sciences
GILD
|
$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$334M |
| 2 |
RTX Corp
RTX
|
$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$192M |
| 5 |
Humana
HUM
|
$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Southwest Airlines
LUV
$16.5B
| $38.3M | 0.05% |
1,075,049
-96,946
| -8% | -$3.45M |
|
352
Chipotle Mexican Grill
CMG
$55.1B
| $37.7M | 0.05% |
2,883,500
-168,800
| -6% | -$2.21M |
|
353
Parker-Hannifin
PH
$96.1B
| $37.6M | 0.05% |
289,789
-20,336
| -7% | -$2.64M |
|
354
Bunge Global
BG
$16.9B
| $37.6M | 0.05% |
915,179
+6,181
| +0.7% | +$254K |
|
355
VF Corp
VFC
$5.86B
| $37.5M | 0.05% |
693,935
-36,052
| -5% | -$1.95M |
|
356
Delta Air Lines
DAL
$39.9B
| $37.5M | 0.05% |
1,313,866
-90,652
| -6% | -$2.59M |
|
357
Atlassian
TEAM
$45.2B
| $37M | 0.04% |
269,552
+1,163
| +0.4% | +$160K |
|
358
Mettler-Toledo International
MTD
$26.9B
| $36.9M | 0.04% |
53,499
-4,284
| -7% | -$2.96M |
|
|
XYZ
359
Block, Inc.
XYZ
$45.7B
| $36.9M | 0.04% |
705,100
-79,630
| -10% | -$4.17M |
|
360
Ametek
AME
$43.3B
| $36.9M | 0.04% |
512,133
-29,762
| -5% | -$2.14M |
|
361
Fastenal
FAST
$55.1B
| $36.9M | 0.04% |
2,359,588
-146,400
| -6% | -$2.29M |
|
362
Fortive
FTV
$16.2B
| $36.6M | 0.04% |
791,872
-45,211
| -5% | -$2.09M |
|
363
TransDigm Group
TDG
$71.6B
| $36.2M | 0.04% |
113,018
-4,261
| -4% | -$1.36M |
|
364
Pultegroup
PHM
$27.7B
| $36.1M | 0.04% |
1,618,402
-57,425
| -3% | -$1.28M |
|
365
Microchip Technology
MCHP
$35.6B
| $36M | 0.04% |
1,060,868
-49,606
| -4% | -$1.68M |
|
366
RingCentral
RNG
$2.89B
| $35.6M | 0.04% |
167,795
-1,164
| -0.7% | -$247K |
|
367
Keysight
KEYS
$28.9B
| $35.5M | 0.04% |
423,702
-24,347
| -5% | -$2.04M |
|
|
FLIR
368
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $35.4M | 0.04% |
1,109,642
-49,986
| -4% | -$1.59M |
|
369
Corning
GLW
$61B
| $35.2M | 0.04% |
1,715,089
-122,229
| -7% | -$2.51M |
|
|
TIF
370
DELISTED
Tiffany & Co.
TIF
| $35.2M | 0.04% |
271,966
+10,957
| +4% | +$1.42M |
|
371
Kraft Heinz
KHC
$32.3B
| $35M | 0.04% |
1,415,339
-80,894
| -5% | -$2M |
|
372
Marathon Petroleum
MPC
$54.8B
| $34.9M | 0.04% |
1,478,745
-87,174
| -6% | -$2.06M |
|
373
New Oriental
EDU
$7.98B
| $34.9M | 0.04% |
322,406
+3,851
| +1% | +$417K |
|
374
Yum China
YUMC
$16.5B
| $34.6M | 0.04% |
812,796
-120,151
| -13% | -$5.12M |
|
375
Stanley Black & Decker
SWK
$12.1B
| $34.4M | 0.04% |
343,574
-16,246
| -5% | -$1.62M |
|