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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Martin Marietta Materials
MLM
$37.8B
| $54.9M | 0.05% |
118,939
-5,236
| -4% | -$2.42M |
|
352
Pinduoduo
PDD
$177B
| $54.6M | 0.05% |
789,366
-39,619
| -5% | -$2.74M |
|
353
Extra Space Storage
EXR
$31.2B
| $53.8M | 0.05% |
361,271
-3,429
| -0.9% | -$510K |
|
354
Quanta Services
PWR
$56B
| $53.7M | 0.05% |
273,582
-18,495
| -6% | -$3.63M |
|
355
West Pharmaceutical
WST
$18.2B
| $53.2M | 0.05% |
139,192
-31,205
| -18% | -$11.9M |
|
356
Equifax
EFX
$31.2B
| $52.8M | 0.05% |
224,336
-10,305
| -4% | -$2.42M |
|
|
XYZ
357
Block, Inc.
XYZ
$46.2B
| $52.6M | 0.05% |
790,070
-27,299
| -3% | -$1.82M |
|
358
Cincinnati Financial
CINF
$24B
| $52.3M | 0.04% |
537,711
-13,627
| -2% | -$1.33M |
|
359
Veeva Systems
VEEV
$46.3B
| $51.8M | 0.04% |
262,151
-3,870
| -1% | -$765K |
|
360
Casey's General Stores
CASY
$19.4B
| $51.5M | 0.04% |
211,236
-1,109
| -0.5% | -$270K |
|
361
Oneok
OKE
$44.9B
| $50.8M | 0.04% |
823,665
-35,934
| -4% | -$2.22M |
|
362
Fortive
FTV
$16.2B
| $50.7M | 0.04% |
677,654
-33,424
| -5% | -$2.5M |
|
363
KBR
KBR
$6.35B
| $50.6M | 0.04% |
777,429
+12,420
| +2% | +$808K |
|
364
Essex Property Trust
ESS
$17.1B
| $50.3M | 0.04% |
214,494
+3,491
| +2% | +$818K |
|
365
Aptiv
APTV
$17.9B
| $50.2M | 0.04% |
492,014
-29,677
| -6% | -$3.03M |
|
366
Arch Capital
ACGL
$33.9B
| $50.2M | 0.04% |
670,614
-29,590
| -4% | -$2.21M |
|
367
Pinnacle West Capital
PNW
$10.5B
| $50.1M | 0.04% |
615,313
+392,488
| +176% | +$32M |
|
368
Warner Bros
WBD
$30.6B
| $49.8M | 0.04% |
3,975,082
+144,255
| +4% | +$1.81M |
|
369
Xylem
XYL
$34.1B
| $49.8M | 0.04% |
442,046
+92,212
| +26% | +$10.4M |
|
370
Align Technology
ALGN
$9.92B
| $49.6M | 0.04% |
140,318
+17,033
| +14% | +$6.02M |
|
371
Ingersoll Rand
IR
$31.9B
| $49.5M | 0.04% |
757,934
-31,704
| -4% | -$2.07M |
|
372
BJs Wholesale Club
BJ
$13B
| $49.3M | 0.04% |
782,665
+54,642
| +8% | +$3.44M |
|
373
Huntington Ingalls Industries
HII
$10.6B
| $49.1M | 0.04% |
215,777
-5,117
| -2% | -$1.16M |
|
|
SGEN
374
DELISTED
Seagen Inc. Common Stock
SGEN
| $49M | 0.04% |
254,676
-41,662
| -14% | -$8.02M |
|
375
Global Payments
GPN
$21.2B
| $49M | 0.04% |
497,003
-25,509
| -5% | -$2.51M |
|