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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
BioMarin Pharmaceuticals
BMRN
$10.4B
| $25M | 0.03% |
281,123
+30,066
| +12% | +$2.67M |
|
477
Ingredion
INGR
$8.07B
| $24.9M | 0.03% |
262,867
+23,083
| +10% | +$2.19M |
|
478
NOV
NOV
$4.81B
| $24.9M | 0.03% |
934,107
-119,613
| -11% | -$3.19M |
|
479
Jones Lang LaSalle
JLL
$14.7B
| $24.8M | 0.03% |
160,735
-6,225
| -4% | -$960K |
|
|
MMP
480
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $24.6M | 0.03% |
406,309
-10,461
| -3% | -$634K |
|
481
SS&C Technologies
SSNC
$21.6B
| $24.5M | 0.03% |
384,059
-717,000
| -65% | -$45.7M |
|
482
JB Hunt Transport Services
JBHT
$13.5B
| $24.2M | 0.03% |
239,222
+12,017
| +5% | +$1.22M |
|
|
AMTD
483
DELISTED
TD Ameritrade Holding Corp
AMTD
| $24.1M | 0.03% |
481,497
+9,038
| +2% | +$452K |
|
484
Veeva Systems
VEEV
$45.6B
| $24M | 0.03% |
189,039
-1,964
| -1% | -$249K |
|
485
Whirlpool
WHR
$5.16B
| $23.9M | 0.03% |
179,603
-9,098
| -5% | -$1.21M |
|
486
CarMax
KMX
$9.09B
| $23.8M | 0.03% |
341,470
-2,290
| -0.7% | -$160K |
|
487
Equifax
EFX
$31B
| $23.8M | 0.03% |
200,904
-43,623
| -18% | -$5.17M |
|
488
Xylem
XYL
$33.7B
| $23.7M | 0.03% |
299,266
-21,319
| -7% | -$1.69M |
|
489
Incyte
INCY
$16.5B
| $23.6M | 0.03% |
274,317
-6,863
| -2% | -$590K |
|
490
Jacobs Solutions
J
$17.3B
| $23.5M | 0.03% |
377,610
+16,217
| +4% | +$1.01M |
|
491
Expedia Group
EXPE
$26.7B
| $23.4M | 0.03% |
196,807
-37,227
| -16% | -$4.43M |
|
492
Skyworks Solutions
SWKS
$10.8B
| $23.4M | 0.03% |
283,233
-140,163
| -33% | -$11.6M |
|
493
GoDaddy
GDDY
$20.5B
| $23.2M | 0.03% |
309,095
-1,107
| -0.4% | -$83.2K |
|
494
U-Haul Holding Co
UHAL
$11B
| $23.1M | 0.03% |
622,100
+103,220
| +20% | +$3.83M |
|
495
CF Industries
CF
$13.8B
| $22.8M | 0.03% |
557,335
+29,373
| +6% | +$1.2M |
|
496
Tractor Supply
TSCO
$31.1B
| $22.7M | 0.03% |
1,162,595
-121,835
| -9% | -$2.38M |
|
497
Dentsply Sirona
XRAY
$2.77B
| $22.7M | 0.03% |
457,854
-16,901
| -4% | -$838K |
|
498
Fair Isaac
FICO
$37.1B
| $22.7M | 0.03% |
83,506
-1,955
| -2% | -$531K |
|
499
Booz Allen Hamilton
BAH
$12.7B
| $22.6M | 0.03% |
388,520
-59,322
| -13% | -$3.45M |
|
500
Unum
UNM
$12.5B
| $22.4M | 0.03% |
663,383
-56,310
| -8% | -$1.9M |
|