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 | |
|---|---|---|---|---|---|---|
401
Citizens Financial Group
CFG
$22.3B
| $39.8M | 0.04% |
1,124,313
+194,924
| +21% | +$6.89M |
|
|
SPLK
402
DELISTED
Splunk Inc
SPLK
| $39.7M | 0.04% |
337,260
+87,957
| +35% | +$10.4M |
|
403
Kraft Heinz
KHC
$31.6B
| $39.7M | 0.04% |
1,421,036
+385,001
| +37% | +$10.8M |
|
404
Fox Class B
FOX
$25.3B
| $39.3M | 0.04% |
1,246,636
+78,484
| +7% | +$2.48M |
|
|
XYZ
405
Block, Inc.
XYZ
$46B
| $39.2M | 0.04% |
633,500
+162,387
| +34% | +$10.1M |
|
406
Mettler-Toledo International
MTD
$27.1B
| $39.2M | 0.04% |
55,696
+4,763
| +9% | +$3.36M |
|
407
Celanese
CE
$5.09B
| $39.1M | 0.04% |
319,645
+61,141
| +24% | +$7.48M |
|
408
NetEase
NTES
$91.2B
| $39.1M | 0.04% |
733,830
+321,855
| +78% | +$17.1M |
|
409
D.R. Horton
DHI
$53B
| $39.1M | 0.04% |
740,920
+261,029
| +54% | +$13.8M |
|
410
Rollins
ROL
$27.7B
| $38.5M | 0.04% |
1,694,676
-84,195
| -5% | -$1.91M |
|
411
Elanco Animal Health
ELAN
$9.46B
| $37.7M | 0.04% |
1,417,439
+163,602
| +13% | +$4.35M |
|
412
Centene
CNC
$15.3B
| $37.7M | 0.04% |
870,974
-187,479
| -18% | -$8.11M |
|
413
Huntington Bancshares
HBAN
$25.9B
| $37.6M | 0.04% |
2,634,208
+630,876
| +31% | +$9M |
|
414
IAC Inc
IAC
$2.92B
| $37.5M | 0.04% |
963,160
+249,774
| +35% | +$9.73M |
|
415
Martin Marietta Materials
MLM
$37.8B
| $37.2M | 0.04% |
135,561
+46,609
| +52% | +$12.8M |
|
416
Western Digital
WDC
$32.8B
| $36.7M | 0.04% |
813,551
+197,354
| +32% | +$8.9M |
|
417
Lennar Class A
LEN
$35.6B
| $36.5M | 0.04% |
674,470
+135,381
| +25% | +$7.32M |
|
418
Halliburton
HAL
$18.5B
| $36.3M | 0.04% |
1,924,328
+322,788
| +20% | +$6.08M |
|
|
MXIM
419
DELISTED
Maxim Integrated Products
MXIM
| $36.2M | 0.04% |
624,977
+163,445
| +35% | +$9.46M |
|
420
Marvell Technology
MRVL
$57.6B
| $36.1M | 0.04% |
1,446,262
+497,592
| +52% | +$12.4M |
|
|
MMP
421
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $36M | 0.04% |
543,194
+150,016
| +38% | +$9.94M |
|
422
MGM Resorts International
MGM
$9.8B
| $36M | 0.04% |
1,297,036
+248,936
| +24% | +$6.9M |
|
423
Equifax
EFX
$31.2B
| $35.8M | 0.04% |
254,706
+84,085
| +49% | +$11.8M |
|
424
Teleflex
TFX
$5.75B
| $35.7M | 0.04% |
105,099
+31,791
| +43% | +$10.8M |
|
425
Cardinal Health
CAH
$35.9B
| $35.7M | 0.04% |
756,101
+209,515
| +38% | +$9.89M |
|