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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Expedia Group
EXPE
$26.9B
| $44.9M | 0.04% |
333,906
+130,889
| +64% | +$17.6M |
|
377
Veeva Systems
VEEV
$46.3B
| $44.6M | 0.04% |
292,310
+76,366
| +35% | +$11.7M |
|
378
Fastenal
FAST
$55B
| $44.3M | 0.04% |
2,711,998
+561,256
| +26% | +$9.17M |
|
379
Rockwell Automation
ROK
$38.6B
| $44.3M | 0.04% |
268,789
+18,066
| +7% | +$2.98M |
|
380
ResMed
RMD
$40.9B
| $44.2M | 0.04% |
327,148
+64,332
| +24% | +$8.69M |
|
381
JD.com
JD
$48B
| $43.7M | 0.04% |
1,547,694
+678,690
| +78% | +$19.1M |
|
382
H&R Block
HRB
$6.89B
| $43.4M | 0.04% |
1,837,643
+203,842
| +12% | +$4.81M |
|
|
PXD
383
DELISTED
Pioneer Natural Resource Co.
PXD
| $43.2M | 0.04% |
343,749
+89,798
| +35% | +$11.3M |
|
384
Corteva
CTVA
$49.2B
| $43.2M | 0.04% |
1,542,940
+381,613
| +33% | +$10.7M |
|
385
Keysight
KEYS
$29.1B
| $43.1M | 0.04% |
443,668
+102,840
| +30% | +$10M |
|
386
Burlington
BURL
$17.7B
| $43M | 0.04% |
215,331
+43,940
| +26% | +$8.78M |
|
387
MSCI
MSCI
$44B
| $42.8M | 0.04% |
196,463
+38,506
| +24% | +$8.38M |
|
388
Carnival Corp
CCL
$42.8B
| $42.7M | 0.04% |
976,987
+217,939
| +29% | +$9.53M |
|
389
Vulcan Materials
VMC
$38.6B
| $42.6M | 0.04% |
281,418
+85,595
| +44% | +$12.9M |
|
390
Fortive
FTV
$16.1B
| $42.4M | 0.04% |
739,730
+223,901
| +43% | +$12.8M |
|
391
MPLX
MPLX
$51B
| $42.3M | 0.04% |
1,511,298
+582,390
| +63% | +$16.3M |
|
392
Energy Transfer Partners
ET
$58.9B
| $42M | 0.04% |
3,210,443
+1,192,582
| +59% | +$15.6M |
|
393
International Paper
IP
$24.8B
| $41.5M | 0.04% |
1,048,177
+220,637
| +27% | +$8.74M |
|
394
SL Green Realty
SLG
$4.21B
| $41.4M | 0.04% |
523,359
+45,901
| +10% | +$3.63M |
|
395
Nucor
NUE
$32.4B
| $41.4M | 0.04% |
812,340
+191,010
| +31% | +$9.72M |
|
|
ANSS
396
DELISTED
Ansys
ANSS
| $40.4M | 0.04% |
182,621
+51,545
| +39% | +$11.4M |
|
397
Best Buy
BBY
$16.2B
| $40.4M | 0.04% |
585,555
+13,137
| +2% | +$906K |
|
398
Copart
CPRT
$46.5B
| $40.3M | 0.04% |
2,008,456
+317,092
| +19% | +$6.37M |
|
399
Principal Financial Group
PFG
$17.8B
| $40.2M | 0.04% |
703,190
+108,274
| +18% | +$6.19M |
|
400
Regions Financial
RF
$23.9B
| $40.1M | 0.04% |
2,532,894
+131,131
| +5% | +$2.07M |
|