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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
TransDigm Group
TDG
$72.9B
| $32M | 0.04% |
92,752
-9,137
| -9% | -$3.15M |
|
427
Hormel Foods
HRL
$14B
| $31.8M | 0.04% |
855,918
+222,222
| +35% | +$8.27M |
|
428
NetEase
NTES
$91.2B
| $31.8M | 0.04% |
628,765
-12,100
| -2% | -$611K |
|
429
Cooper Companies
COO
$13.7B
| $31.8M | 0.04% |
539,744
+100,020
| +23% | +$5.89M |
|
|
AMTD
430
DELISTED
TD Ameritrade Holding Corp
AMTD
| $31.7M | 0.04% |
579,552
-69,117
| -11% | -$3.79M |
|
431
CarMax
KMX
$9.21B
| $31.5M | 0.04% |
431,764
-22,769
| -5% | -$1.66M |
|
432
Leidos
LDOS
$22.9B
| $31.5M | 0.04% |
533,081
+152,569
| +40% | +$9M |
|
433
Aramark
ARMK
$10.1B
| $31.4M | 0.04% |
1,172,656
+342,774
| +41% | +$9.18M |
|
|
JOBS
434
DELISTED
51job, Inc.
JOBS
| $31.4M | 0.04% |
321,133
-38,427
| -11% | -$3.75M |
|
435
Globe Life
GL
$11.4B
| $31.3M | 0.04% |
384,927
+41,254
| +12% | +$3.36M |
|
|
VMW
436
DELISTED
VMware, Inc
VMW
| $31.3M | 0.04% |
212,711
+685
| +0.3% | +$101K |
|
437
Advance Auto Parts
AAP
$3.66B
| $31.2M | 0.04% |
230,049
+12,327
| +6% | +$1.67M |
|
438
Vulcan Materials
VMC
$39.5B
| $31.1M | 0.04% |
240,950
-42,284
| -15% | -$5.46M |
|
439
Whirlpool
WHR
$5.34B
| $31.1M | 0.04% |
212,658
+18,829
| +10% | +$2.75M |
|
440
SS&C Technologies
SSNC
$21.7B
| $31M | 0.04% |
597,414
+57,840
| +11% | +$3M |
|
441
Dell
DELL
$82B
| $30.7M | 0.04% |
1,295,408
-145,238
| -10% | -$3.45M |
|
442
Arthur J. Gallagher & Co
AJG
$76.7B
| $30.7M | 0.04% |
470,699
+100,030
| +27% | +$6.53M |
|
443
Fortinet
FTNT
$61.6B
| $30.4M | 0.04% |
2,435,025
+594,820
| +32% | +$7.43M |
|
444
Fastenal
FAST
$55.3B
| $30.2M | 0.04% |
2,508,892
-87,496
| -3% | -$1.05M |
|
|
SIVB
445
DELISTED
SVB Financial Group
SIVB
| $30.1M | 0.04% |
104,314
-11,126
| -10% | -$3.21M |
|
446
CDW
CDW
$22B
| $30.1M | 0.04% |
372,683
+28,942
| +8% | +$2.34M |
|
447
Perrigo
PRGO
$3.07B
| $30.1M | 0.04% |
412,716
+24,810
| +6% | +$1.81M |
|
448
Arch Capital
ACGL
$33.9B
| $30M | 0.04% |
1,135,215
+253,620
| +29% | +$6.71M |
|
449
Voya Financial
VOYA
$7.3B
| $30M | 0.04% |
638,433
-68,776
| -10% | -$3.23M |
|
450
ResMed
RMD
$40.9B
| $29.9M | 0.04% |
288,588
-22,889
| -7% | -$2.37M |
|