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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Iron Mountain
IRM
$27.1B
| $33.3M | 0.03% |
601,423
-44,847
| -7% | -$2.48M |
|
477
Camden Property Trust
CPT
$12B
| $33.2M | 0.03% |
199,943
-11,437
| -5% | -$1.9M |
|
478
FMC
FMC
$4.65B
| $33M | 0.03% |
251,191
-18,295
| -7% | -$2.41M |
|
479
Insulet
PODD
$24.4B
| $32.9M | 0.03% |
123,572
-6,434
| -5% | -$1.71M |
|
480
Live Nation Entertainment
LYV
$37.8B
| $32.8M | 0.03% |
279,103
-11,948
| -4% | -$1.41M |
|
481
EPAM Systems
EPAM
$9.43B
| $32.4M | 0.03% |
109,241
-8,242
| -7% | -$2.44M |
|
482
MGM Resorts International
MGM
$10.1B
| $31.9M | 0.02% |
761,711
-76,333
| -9% | -$3.2M |
|
483
Caesars Entertainment
CZR
$5.36B
| $31.8M | 0.02% |
410,969
-26,753
| -6% | -$2.07M |
|
484
APA Corp
APA
$8.16B
| $31.8M | 0.02% |
768,662
-30,183
| -4% | -$1.25M |
|
485
Crown Holdings
CCK
$10.9B
| $31.7M | 0.02% |
253,549
-15,639
| -6% | -$1.96M |
|
486
Etsy
ETSY
$5.28B
| $31.7M | 0.02% |
254,981
-23,180
| -8% | -$2.88M |
|
487
NVR
NVR
$23.3B
| $31.7M | 0.02% |
7,085
-180
| -2% | -$804K |
|
488
Western Digital
WDC
$32.1B
| $31.3M | 0.02% |
835,027
-64,000
| -7% | -$2.4M |
|
489
Cardinal Health
CAH
$35.5B
| $31.2M | 0.02% |
551,063
-60,425
| -10% | -$3.43M |
|
490
Bunge Global
BG
$16.5B
| $31.2M | 0.02% |
281,315
-23,335
| -8% | -$2.59M |
|
491
Ally Financial
ALLY
$12.8B
| $31.1M | 0.02% |
714,778
-75,176
| -10% | -$3.27M |
|
492
DoorDash
DASH
$105B
| $31M | 0.02% |
264,129
-19,649
| -7% | -$2.3M |
|
493
Eastman Chemical
EMN
$7.91B
| $30.8M | 0.02% |
275,135
-17,306
| -6% | -$1.94M |
|
494
LPL Financial
LPLA
$27.6B
| $30.6M | 0.02% |
167,535
-7,905
| -5% | -$1.44M |
|
|
ABMD
495
DELISTED
Abiomed Inc
ABMD
| $30.6M | 0.02% |
92,279
-4,089
| -4% | -$1.35M |
|
496
SolarEdge
SEDG
$2.01B
| $30.4M | 0.02% |
94,262
-5,487
| -6% | -$1.77M |
|
497
Xylem
XYL
$34B
| $30.2M | 0.02% |
354,425
-29,469
| -8% | -$2.51M |
|
498
W.P. Carey
WPC
$14.8B
| $30.2M | 0.02% |
381,445
-22,789
| -6% | -$1.8M |
|
499
Ovintiv
OVV
$10.7B
| $30.1M | 0.02% |
556,879
-29,417
| -5% | -$1.59M |
|
500
IDEX
IEX
$12.4B
| $29.9M | 0.02% |
155,780
-8,966
| -5% | -$1.72M |
|