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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Monster Beverage
MNST
$61.2B
| $58.8M | 0.05% |
736,176
-57,480
| -7% | -$4.59M |
|
352
Equifax
EFX
$28.8B
| $58.6M | 0.05% |
247,331
-14,460
| -6% | -$3.43M |
|
353
Fifth Third Bancorp
FITB
$30.2B
| $58.3M | 0.05% |
1,354,504
-109,826
| -8% | -$4.73M |
|
|
ANSS
354
DELISTED
Ansys
ANSS
| $57.2M | 0.04% |
180,186
-8,730
| -5% | -$2.77M |
|
355
MongoDB
MDB
$26B
| $57.2M | 0.04% |
128,893
-8,219
| -6% | -$3.65M |
|
356
Expedia Group
EXPE
$26.2B
| $57.1M | 0.04% |
291,817
-18,408
| -6% | -$3.6M |
|
357
Rollins
ROL
$27.5B
| $56.8M | 0.04% |
1,621,339
-74,174
| -4% | -$2.6M |
|
358
Western Union
WU
$2.83B
| $55.6M | 0.04% |
2,967,712
-124,908
| -4% | -$2.34M |
|
359
Corning
GLW
$58.7B
| $55.5M | 0.04% |
1,503,224
-133,613
| -8% | -$4.93M |
|
360
LyondellBasell Industries
LYB
$18B
| $55.3M | 0.04% |
537,869
-50,374
| -9% | -$5.18M |
|
361
Baker Hughes
BKR
$44.7B
| $54.5M | 0.04% |
1,497,140
-68,607
| -4% | -$2.5M |
|
362
Kraft Heinz
KHC
$30.8B
| $54.2M | 0.04% |
1,377,155
-90,152
| -6% | -$3.55M |
|
363
Southwest Airlines
LUV
$16.9B
| $54.1M | 0.04% |
1,181,796
-110,534
| -9% | -$5.06M |
|
364
NIO
NIO
$14.8B
| $53.5M | 0.04% |
2,543,679
-74,197
| -3% | -$1.56M |
|
365
ON Semiconductor
ON
$20B
| $53.5M | 0.04% |
853,895
-66,903
| -7% | -$4.19M |
|
366
Copart
CPRT
$46.9B
| $53.4M | 0.04% |
425,386
-27,203
| -6% | -$3.41M |
|
367
Tyson Foods
TSN
$20.1B
| $53M | 0.04% |
591,609
-40,718
| -6% | -$3.65M |
|
368
Albemarle
ALB
$9.36B
| $53M | 0.04% |
239,758
-13,420
| -5% | -$2.97M |
|
369
Leidos
LDOS
$23.2B
| $52.8M | 0.04% |
488,952
-37,640
| -7% | -$4.07M |
|
370
Gartner
IT
$19B
| $52.4M | 0.04% |
175,991
-11,104
| -6% | -$3.3M |
|
371
United Rentals
URI
$61.7B
| $52.3M | 0.04% |
147,375
-10,930
| -7% | -$3.88M |
|
372
Zimmer Biomet
ZBH
$20.8B
| $52.3M | 0.04% |
409,085
-31,270
| -7% | -$4M |
|
373
CoStar Group
CSGP
$37.3B
| $51.7M | 0.04% |
776,886
-56,525
| -7% | -$3.77M |
|
374
Diamondback Energy
FANG
$43.4B
| $51.7M | 0.04% |
377,249
-14,198
| -4% | -$1.95M |
|
375
Labcorp
LH
$22.8B
| $51.2M | 0.04% |
194,037
-18,550
| -9% | -$4.89M |
|