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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Ametek
AME
$43.6B
| $48M | 0.04% |
436,540
-32,028
| -7% | -$3.52M |
|
352
Western Union
WU
$2.82B
| $47.9M | 0.04% |
2,907,246
-60,466
| -2% | -$996K |
|
353
Baker Hughes
BKR
$45B
| $47.5M | 0.04% |
1,646,654
+149,514
| +10% | +$4.32M |
|
354
Albemarle
ALB
$9.65B
| $47.4M | 0.04% |
226,706
-13,052
| -5% | -$2.73M |
|
355
eBay
EBAY
$42.5B
| $47.3M | 0.04% |
1,134,672
-150,727
| -12% | -$6.28M |
|
356
Ross Stores
ROST
$49.6B
| $47M | 0.04% |
668,720
-46,568
| -7% | -$3.27M |
|
357
Aptiv
APTV
$17.9B
| $46.8M | 0.04% |
525,349
-18,317
| -3% | -$1.63M |
|
358
Datadog
DDOG
$47.6B
| $46.5M | 0.04% |
488,406
-22,004
| -4% | -$2.1M |
|
359
CoStar Group
CSGP
$37.3B
| $45.5M | 0.04% |
753,577
-23,309
| -3% | -$1.41M |
|
360
Rockwell Automation
ROK
$38.8B
| $45.2M | 0.04% |
226,614
-13,075
| -5% | -$2.61M |
|
|
SIVB
361
DELISTED
SVB Financial Group
SIVB
| $44.9M | 0.04% |
113,715
-5,164
| -4% | -$2.04M |
|
362
State Street
STT
$31.7B
| $44.2M | 0.04% |
717,661
-41,060
| -5% | -$2.53M |
|
363
Copart
CPRT
$47.1B
| $44M | 0.04% |
1,619,864
-81,680
| -5% | -$2.22M |
|
364
LyondellBasell Industries
LYB
$17.6B
| $43.9M | 0.04% |
501,369
-36,500
| -7% | -$3.19M |
|
365
Fifth Third Bancorp
FITB
$30.1B
| $43.7M | 0.04% |
1,300,914
-53,590
| -4% | -$1.8M |
|
366
Enphase Energy
ENPH
$5.07B
| $43.6M | 0.04% |
223,208
-12,993
| -6% | -$2.54M |
|
367
Diamondback Energy
FANG
$39.7B
| $43.1M | 0.04% |
355,995
-21,254
| -6% | -$2.57M |
|
368
Pinduoduo
PDD
$177B
| $42.8M | 0.04% |
692,677
-33,029
| -5% | -$2.04M |
|
369
Equifax
EFX
$31.2B
| $42.5M | 0.04% |
232,296
-15,035
| -6% | -$2.75M |
|
370
Hartford Financial Services
HIG
$36.7B
| $42.4M | 0.04% |
648,386
-42,279
| -6% | -$2.77M |
|
371
W.W. Grainger
GWW
$47.7B
| $42M | 0.04% |
92,469
-4,267
| -4% | -$1.94M |
|
372
Amdocs
DOX
$9.44B
| $41.8M | 0.04% |
501,897
+235,684
| +89% | +$19.6M |
|
|
ANSS
373
DELISTED
Ansys
ANSS
| $41.8M | 0.04% |
174,726
-5,460
| -3% | -$1.31M |
|
374
Zimmer Biomet
ZBH
$20.7B
| $41.7M | 0.04% |
396,699
-12,386
| -3% | -$1.3M |
|
375
CDW
CDW
$22B
| $41.5M | 0.04% |
263,260
-13,730
| -5% | -$2.16M |
|