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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
CenterPoint Energy
CNP
$24.6B
| $32.6M | 0.03% |
1,103,195
-64,811
| -6% | -$1.92M |
|
427
Corpay
CPAY
$21.9B
| $32.5M | 0.03% |
154,872
-10,602
| -6% | -$2.23M |
|
428
KeyCorp
KEY
$21.1B
| $32.4M | 0.03% |
1,883,136
-89,520
| -5% | -$1.54M |
|
429
Jacobs Solutions
J
$17.3B
| $32.4M | 0.03% |
308,199
-16,984
| -5% | -$1.79M |
|
430
Arch Capital
ACGL
$33.7B
| $32M | 0.03% |
702,376
-57,545
| -8% | -$2.62M |
|
431
Citizens Financial Group
CFG
$22.4B
| $31.9M | 0.03% |
893,084
-1,600
| -0.2% | -$57.1K |
|
|
CTLT
432
DELISTED
CATALENT, INC.
CTLT
| $31.8M | 0.03% |
295,951
-13,308
| -4% | -$1.43M |
|
433
Stanley Black & Decker
SWK
$11.9B
| $31.6M | 0.03% |
301,091
-17,779
| -6% | -$1.86M |
|
434
MongoDB
MDB
$27.6B
| $31.4M | 0.03% |
120,842
-8,051
| -6% | -$2.09M |
|
435
XPeng
XPEV
$19.1B
| $31M | 0.03% |
975,106
+8,847
| +0.9% | +$281K |
|
436
Ingersoll Rand
IR
$32.1B
| $30.9M | 0.03% |
734,779
-49,613
| -6% | -$2.09M |
|
437
EPAM Systems
EPAM
$8.89B
| $30.9M | 0.03% |
104,663
-4,578
| -4% | -$1.35M |
|
438
W.P. Carey
WPC
$14.9B
| $30.6M | 0.03% |
377,146
-4,299
| -1% | -$349K |
|
439
Zebra Technologies
ZBRA
$16B
| $30.4M | 0.03% |
103,461
-5,651
| -5% | -$1.66M |
|
440
Arrow Electronics
ARW
$6.52B
| $30.2M | 0.03% |
269,638
+121,554
| +82% | +$13.6M |
|
441
Wabtec
WAB
$32.9B
| $29.5M | 0.03% |
359,583
-14,717
| -4% | -$1.21M |
|
442
Skyworks Solutions
SWKS
$10.8B
| $29.5M | 0.03% |
318,072
-16,471
| -5% | -$1.53M |
|
443
Advance Auto Parts
AAP
$3.56B
| $29.2M | 0.03% |
168,551
-10,518
| -6% | -$1.82M |
|
444
LPL Financial
LPLA
$27.2B
| $29.1M | 0.03% |
157,863
-9,672
| -6% | -$1.78M |
|
445
International Paper
IP
$24.8B
| $28.8M | 0.03% |
689,363
-90,987
| -12% | -$3.81M |
|
446
Boston Properties
BXP
$11.5B
| $28.8M | 0.03% |
323,479
-6,659
| -2% | -$593K |
|
447
Darden Restaurants
DRI
$24.6B
| $28.5M | 0.03% |
252,334
-13,685
| -5% | -$1.55M |
|
448
TransUnion
TRU
$18.1B
| $28.5M | 0.03% |
356,687
-23,145
| -6% | -$1.85M |
|
449
Iron Mountain
IRM
$29.1B
| $28.5M | 0.03% |
585,761
-15,662
| -3% | -$763K |
|
450
NetApp
NTAP
$24.8B
| $28.4M | 0.03% |
434,813
-30,104
| -6% | -$1.96M |
|