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 |
Walmart
WMT
|
$250M |
| 2 |
Target
TGT
|
$142M |
| 3 |
Abbott
ABT
|
$113M |
| 4 |
Verizon
VZ
|
$87.4M |
| 5 |
NetEase
NTES
|
$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Cintas
CTAS
$82.4B
| $69.2M | 0.05% |
810,556
-38,248
| -5% | -$3.26M |
|
352
Welltower
WELL
$112B
| $69.1M | 0.05% |
965,055
-43,951
| -4% | -$3.15M |
|
353
D.R. Horton
DHI
$54.2B
| $68.3M | 0.05% |
766,743
-28,691
| -4% | -$2.56M |
|
354
Enterprise Products Partners
EPD
$68.6B
| $68.2M | 0.05% |
3,095,256
-485,700
| -14% | -$10.7M |
|
|
ANSS
355
DELISTED
Ansys
ANSS
| $67.7M | 0.05% |
199,274
-5,581
| -3% | -$1.9M |
|
356
Otis Worldwide
OTIS
$34.1B
| $67.6M | 0.05% |
987,737
-38,395
| -4% | -$2.63M |
|
357
Fastenal
FAST
$55.1B
| $67M | 0.05% |
2,666,514
-71,646
| -3% | -$1.8M |
|
358
Ametek
AME
$43.3B
| $67M | 0.05% |
524,637
-21,024
| -4% | -$2.69M |
|
359
CoStar Group
CSGP
$37.9B
| $67M | 0.05% |
814,740
-118,230
| -13% | -$9.72M |
|
360
Peloton Interactive
PTON
$3.27B
| $66.9M | 0.05% |
595,377
-10,948
| -2% | -$1.23M |
|
|
DFS
361
DELISTED
Discover Financial Services
DFS
| $66.9M | 0.05% |
704,270
-33,511
| -5% | -$3.18M |
|
362
Lennar Class A
LEN
$36.7B
| $66.8M | 0.05% |
681,975
-28,061
| -4% | -$2.75M |
|
363
Valero Energy
VLO
$48.7B
| $66.8M | 0.05% |
932,318
-44,592
| -5% | -$3.19M |
|
364
CrowdStrike
CRWD
$105B
| $66.6M | 0.05% |
365,007
+2,205
| +0.6% | +$402K |
|
365
Ameriprise Financial
AMP
$46.1B
| $66.4M | 0.05% |
285,719
-10,640
| -4% | -$2.47M |
|
366
Williams Companies
WMB
$69.9B
| $66.4M | 0.05% |
2,801,811
-118,345
| -4% | -$2.8M |
|
|
FRC
367
DELISTED
First Republic Bank
FRC
| $65.9M | 0.05% |
395,203
-14,840
| -4% | -$2.47M |
|
368
ResMed
RMD
$40.6B
| $65.5M | 0.05% |
337,610
-6,698
| -2% | -$1.3M |
|
|
JNPR
369
DELISTED
Juniper Networks
JNPR
| $65.4M | 0.05% |
2,580,030
-123,833
| -5% | -$3.14M |
|
370
Credicorp
BAP
$20.7B
| $64.8M | 0.05% |
474,819
-4,555
| -1% | -$622K |
|
371
Assurant
AIZ
$10.7B
| $64.8M | 0.05% |
457,015
-23,281
| -5% | -$3.3M |
|
372
LyondellBasell Industries
LYB
$17.7B
| $64.6M | 0.05% |
620,410
-28,707
| -4% | -$2.99M |
|
373
CBRE Group
CBRE
$48.9B
| $64.3M | 0.05% |
813,352
-34,823
| -4% | -$2.75M |
|
374
Fifth Third Bancorp
FITB
$30.2B
| $64.2M | 0.05% |
1,715,033
-87,721
| -5% | -$3.29M |
|
375
Atlassian
TEAM
$45.2B
| $64.1M | 0.05% |
303,992
-9,562
| -3% | -$2.02M |
|