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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Ametek
AME
$43.3B
| $54M | 0.05% |
541,895
+36,105
| +7% | +$3.6M |
|
|
SPLK
377
DELISTED
Splunk Inc
SPLK
| $54M | 0.05% |
360,407
+23,147
| +7% | +$3.47M |
|
378
Fortive
FTV
$16.1B
| $53.5M | 0.05% |
837,083
+97,353
| +13% | +$6.22M |
|
379
Weyerhaeuser
WY
$18.2B
| $53.5M | 0.05% |
1,771,572
+57,317
| +3% | +$1.73M |
|
380
Corning
GLW
$62B
| $53.5M | 0.05% |
1,837,318
-26,600
| -1% | -$774K |
|
381
Idexx Laboratories
IDXX
$52.5B
| $52.9M | 0.05% |
202,513
+2,665
| +1% | +$696K |
|
382
Ameriprise Financial
AMP
$46.5B
| $52.8M | 0.05% |
317,053
-2,749
| -0.9% | -$458K |
|
383
ResMed
RMD
$40.9B
| $52.5M | 0.05% |
338,887
+11,739
| +4% | +$1.82M |
|
384
Bunge Global
BG
$16.8B
| $52.3M | 0.05% |
908,998
-22,689
| -2% | -$1.31M |
|
385
Corteva
CTVA
$49.2B
| $52.2M | 0.05% |
1,766,028
+223,088
| +14% | +$6.59M |
|
386
MSCI
MSCI
$44B
| $51.7M | 0.05% |
200,178
+3,715
| +2% | +$959K |
|
387
Align Technology
ALGN
$9.85B
| $51.6M | 0.05% |
185,083
+19,330
| +12% | +$5.39M |
|
388
CoStar Group
CSGP
$37.3B
| $51.5M | 0.05% |
860,640
+21,800
| +3% | +$1.3M |
|
|
ANSS
389
DELISTED
Ansys
ANSS
| $51.4M | 0.05% |
199,533
+16,912
| +9% | +$4.35M |
|
390
Chipotle Mexican Grill
CMG
$52.9B
| $51.1M | 0.05% |
3,052,300
+117,900
| +4% | +$1.97M |
|
391
NetEase
NTES
$91.1B
| $51M | 0.05% |
831,705
+97,875
| +13% | +$6M |
|
392
Veeva Systems
VEEV
$46.3B
| $50.9M | 0.05% |
361,856
+69,546
| +24% | +$9.78M |
|
393
United Airlines
UAL
$34.2B
| $50.9M | 0.05% |
577,525
-22,552
| -4% | -$1.99M |
|
394
Northern Trust
NTRS
$24.6B
| $50.5M | 0.05% |
475,542
-15,349
| -3% | -$1.63M |
|
395
CBRE Group
CBRE
$48.2B
| $50.4M | 0.05% |
821,968
-99,030
| -11% | -$6.07M |
|
396
CDW
CDW
$22.1B
| $49.7M | 0.05% |
347,924
-29,434
| -8% | -$4.2M |
|
397
Skyworks Solutions
SWKS
$11.1B
| $49.2M | 0.04% |
407,161
+50,433
| +14% | +$6.1M |
|
398
KeyCorp
KEY
$20.9B
| $49.1M | 0.04% |
2,428,052
-89,609
| -4% | -$1.81M |
|
|
XYZ
399
Block, Inc.
XYZ
$46B
| $49.1M | 0.04% |
784,730
+151,230
| +24% | +$9.46M |
|
400
Best Buy
BBY
$16.2B
| $48.9M | 0.04% |
556,618
-28,937
| -5% | -$2.54M |
|