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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Enterprise Products Partners
EPD
$68.9B
| $54M | 0.05% |
3,417,318
+96,455
| +3% | +$1.52M |
|
352
Hilton Worldwide
HLT
$62.6B
| $53.6M | 0.05% |
627,673
+15,513
| +3% | +$1.32M |
|
353
Welltower
WELL
$111B
| $53.2M | 0.05% |
965,096
+24,453
| +3% | +$1.35M |
|
354
Lennar Class A
LEN
$34.4B
| $53.1M | 0.05% |
670,921
+23,948
| +4% | +$1.89M |
|
355
Atlassian
TEAM
$44.5B
| $53M | 0.05% |
291,615
+12,013
| +4% | +$2.18M |
|
356
Snap
SNAP
$14.3B
| $53M | 0.05% |
2,027,947
+121,662
| +6% | +$3.18M |
|
357
Mettler-Toledo International
MTD
$26.5B
| $52.2M | 0.05% |
54,074
+1,290
| +2% | +$1.25M |
|
358
Phillips 66
PSX
$53.1B
| $52.2M | 0.05% |
1,006,958
+22,100
| +2% | +$1.15M |
|
359
Ametek
AME
$43.6B
| $52.2M | 0.05% |
525,042
+12,094
| +2% | +$1.2M |
|
360
Fortive
FTV
$16.5B
| $52.2M | 0.05% |
817,766
+22,499
| +3% | +$1.43M |
|
361
Freeport-McMoran
FCX
$64.5B
| $51.8M | 0.05% |
3,313,001
+359,701
| +12% | +$5.63M |
|
362
VF Corp
VFC
$5.9B
| $51.8M | 0.05% |
736,999
+6,506
| +0.9% | +$457K |
|
363
SiriusXM
SIRI
$7.75B
| $50.3M | 0.04% |
938,517
-8,653
| -0.9% | -$464K |
|
364
State Street
STT
$32.1B
| $50.3M | 0.04% |
847,208
+31,715
| +4% | +$1.88M |
|
365
Schlumberger
SLB
$51.9B
| $49.5M | 0.04% |
3,178,699
+66,667
| +2% | +$1.04M |
|
366
Weyerhaeuser
WY
$17.7B
| $49.3M | 0.04% |
1,727,489
+46,874
| +3% | +$1.34M |
|
367
Corteva
CTVA
$48B
| $49.2M | 0.04% |
1,709,285
+38,964
| +2% | +$1.12M |
|
368
New Oriental
EDU
$8.59B
| $49.1M | 0.04% |
328,753
+6,752
| +2% | +$1.01M |
|
369
Trade Desk
TTD
$21.5B
| $49.1M | 0.04% |
946,750
+43,450
| +5% | +$2.25M |
|
370
RingCentral
RNG
$2.88B
| $48.9M | 0.04% |
178,141
+6,740
| +4% | +$1.85M |
|
371
Pinduoduo
PDD
$189B
| $48.9M | 0.04% |
659,522
+11,957
| +2% | +$887K |
|
372
NIO
NIO
$17.8B
| $48.7M | 0.04% |
2,294,528
+381,439
| +20% | +$8.09M |
|
373
Yum China
YUMC
$16B
| $48.5M | 0.04% |
915,510
+101,706
| +12% | +$5.39M |
|
374
EOG Resources
EOG
$64.6B
| $48.4M | 0.04% |
1,347,343
+33,495
| +3% | +$1.2M |
|
375
PPL Corp
PPL
$26.3B
| $48.3M | 0.04% |
1,775,864
+47,717
| +3% | +$1.3M |
|