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 | |
|---|---|---|---|---|---|---|
451
Teradyne
TER
$18.9B
| $28.4M | 0.03% |
316,710
-14,566
| -4% | -$1.3M |
|
452
Trimble
TRMB
$19.3B
| $28.2M | 0.03% |
485,014
-21,829
| -4% | -$1.27M |
|
453
Paycom
PAYC
$12.6B
| $28.2M | 0.03% |
100,703
-4,086
| -4% | -$1.14M |
|
454
Best Buy
BBY
$16.3B
| $28.1M | 0.03% |
431,633
-70,443
| -14% | -$4.59M |
|
455
Synchrony
SYF
$28B
| $27.8M | 0.03% |
1,006,937
-74,837
| -7% | -$2.07M |
|
456
AES
AES
$9.06B
| $27.6M | 0.03% |
1,313,726
-38,707
| -3% | -$813K |
|
457
NVR
NVR
$23.6B
| $27.5M | 0.03% |
6,877
-208
| -3% | -$833K |
|
458
Targa Resources
TRGP
$34.5B
| $27.4M | 0.03% |
458,525
-23,772
| -5% | -$1.42M |
|
459
SolarEdge
SEDG
$1.99B
| $27.3M | 0.03% |
99,924
+5,662
| +6% | +$1.55M |
|
460
Trip.com Group
TCOM
$47.7B
| $27.3M | 0.03% |
993,955
-49,966
| -5% | -$1.37M |
|
461
Cardinal Health
CAH
$35.9B
| $27.1M | 0.03% |
518,553
-32,510
| -6% | -$1.7M |
|
|
SPLK
462
DELISTED
Splunk Inc
SPLK
| $27.1M | 0.03% |
306,228
+18,690
| +7% | +$1.65M |
|
463
Textron
TXT
$14.7B
| $27M | 0.03% |
442,784
-36,403
| -8% | -$2.22M |
|
464
Bio-Techne
TECH
$8.42B
| $27M | 0.03% |
311,732
-12,632
| -4% | -$1.09M |
|
465
IDEX
IEX
$12.4B
| $27M | 0.03% |
148,702
-7,078
| -5% | -$1.29M |
|
466
Seagate
STX
$40.2B
| $27M | 0.03% |
378,070
-26,286
| -7% | -$1.88M |
|
467
Western Digital
WDC
$32.4B
| $27M | 0.03% |
796,835
-38,192
| -5% | -$1.29M |
|
|
CDK
468
DELISTED
CDK Global, Inc.
CDK
| $27M | 0.03% |
492,140
+242,652
| +97% | +$13.3M |
|
469
UDR
UDR
$12.8B
| $26.8M | 0.03% |
581,747
-19,544
| -3% | -$900K |
|
470
Palantir
PLTR
$370B
| $26.7M | 0.03% |
2,942,559
-23,498
| -0.8% | -$213K |
|
471
HubSpot
HUBS
$26.3B
| $26.6M | 0.02% |
88,398
-4,236
| -5% | -$1.27M |
|
472
Expedia Group
EXPE
$26.9B
| $26.5M | 0.02% |
279,310
-12,507
| -4% | -$1.19M |
|
473
CACI
CACI
$10.4B
| $26.5M | 0.02% |
93,944
+44,903
| +92% | +$12.7M |
|
474
Xylem
XYL
$34.1B
| $26.4M | 0.02% |
337,129
-17,296
| -5% | -$1.35M |
|
475
Healthpeak Properties
DOC
$12.7B
| $26.3M | 0.02% |
1,016,893
-28,166
| -3% | -$730K |
|