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 | |
|---|---|---|---|---|---|---|
426
Gen Digital
GEN
$18.1B
| $35.5M | 0.04% |
1,503,311
+12,756
| +0.9% | +$301K |
|
427
Ally Financial
ALLY
$12.7B
| $34.8M | 0.03% |
1,049,699
+108,564
| +12% | +$3.6M |
|
428
Host Hotels & Resorts
HST
$12B
| $34.6M | 0.03% |
2,000,518
+441,269
| +28% | +$7.63M |
|
429
CarMax
KMX
$9.21B
| $34.6M | 0.03% |
392,999
+82,893
| +27% | +$7.29M |
|
430
Dover
DOV
$24B
| $34.6M | 0.03% |
347,024
+83,172
| +32% | +$8.28M |
|
|
HES
431
DELISTED
Hess
HES
| $34.5M | 0.03% |
570,499
+28,181
| +5% | +$1.7M |
|
432
W.W. Grainger
GWW
$47.6B
| $33.6M | 0.03% |
113,067
+21,788
| +24% | +$6.47M |
|
433
Hologic
HOLX
$14.8B
| $33.6M | 0.03% |
665,223
+132,313
| +25% | +$6.68M |
|
434
Waters Corp
WAT
$17.9B
| $33.5M | 0.03% |
150,154
+26,206
| +21% | +$5.85M |
|
435
TransUnion
TRU
$18.3B
| $33.2M | 0.03% |
409,071
+122,712
| +43% | +$9.95M |
|
436
Seagate
STX
$40.7B
| $32.9M | 0.03% |
612,541
+115,307
| +23% | +$6.2M |
|
|
VMW
437
DELISTED
VMware, Inc
VMW
| $32.7M | 0.03% |
217,875
+61,035
| +39% | +$9.16M |
|
438
Dentsply Sirona
XRAY
$2.77B
| $32.1M | 0.03% |
601,495
+121,968
| +25% | +$6.5M |
|
439
Advance Auto Parts
AAP
$3.57B
| $31.8M | 0.03% |
192,287
+39,896
| +26% | +$6.6M |
|
440
Cencora
COR
$57.9B
| $31.8M | 0.03% |
385,905
+89,148
| +30% | +$7.34M |
|
441
Jacobs Solutions
J
$17.2B
| $31.7M | 0.03% |
418,967
+91,198
| +28% | +$6.9M |
|
442
Brookfield Infrastructure Partners
BIP
$14.2B
| $31.7M | 0.03% |
1,073,080
+281,726
| +36% | +$8.32M |
|
443
Fox Class A
FOXA
$26.1B
| $31.7M | 0.03% |
1,004,022
+369,779
| +58% | +$11.7M |
|
444
Cheniere Energy
LNG
$51.5B
| $31.5M | 0.03% |
499,743
+130,004
| +35% | +$8.2M |
|
445
New Oriental
EDU
$8.51B
| $31.3M | 0.03% |
282,991
+105,359
| +59% | +$11.7M |
|
|
PARA
446
DELISTED
Paramount Global Class B
PARA
| $31.3M | 0.03% |
775,511
+157,346
| +25% | +$6.35M |
|
447
Atlassian
TEAM
$47.8B
| $31.2M | 0.03% |
248,610
+65,489
| +36% | +$8.22M |
|
448
JB Hunt Transport Services
JBHT
$13.6B
| $31.2M | 0.03% |
281,814
+36,132
| +15% | +$4M |
|
449
NetApp
NTAP
$24.6B
| $31.1M | 0.03% |
593,174
+151,798
| +34% | +$7.97M |
|
450
Arista Networks
ANET
$178B
| $31M | 0.03% |
2,076,016
+625,904
| +43% | +$9.35M |
|