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 |
Vanguard S&P 500 ETF
VOO
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Genpact
G
$7.49B
| $23.9M | 0.02% |
474,591
+21,960
| +5% | +$1.11M |
|
552
Credicorp
BAP
$21B
| $23.9M | 0.02% |
128,369
-2,269
| -2% | -$422K |
|
553
Healthpeak Properties
DOC
$12.5B
| $23.7M | 0.02% |
1,173,512
-52,170
| -4% | -$1.05M |
|
554
Avery Dennison
AVY
$12.8B
| $23.7M | 0.02% |
133,026
-294
| -0.2% | -$52.3K |
|
555
Selective Insurance
SIGI
$4.75B
| $23.6M | 0.02% |
257,329
-34,039
| -12% | -$3.12M |
|
556
Pentair
PNR
$17.9B
| $23.5M | 0.02% |
269,082
-8,006
| -3% | -$700K |
|
557
Tenet Healthcare
THC
$16.9B
| $23.5M | 0.02% |
174,737
-4,728
| -3% | -$636K |
|
558
Aptiv
APTV
$17.8B
| $23.5M | 0.02% |
394,535
-6,267
| -2% | -$373K |
|
559
Illumina
ILMN
$14.7B
| $23.1M | 0.02% |
291,706
-6,919
| -2% | -$549K |
|
560
TechnipFMC
FTI
$16.8B
| $23M | 0.02% |
726,941
-18,866
| -3% | -$598K |
|
561
Burlington
BURL
$17.6B
| $23M | 0.02% |
96,379
-2,857
| -3% | -$681K |
|
562
Kimco Realty
KIM
$15.1B
| $22.8M | 0.02% |
1,075,002
-15,634
| -1% | -$332K |
|
563
East-West Bancorp
EWBC
$14.9B
| $22.6M | 0.02% |
252,279
-2,745
| -1% | -$246K |
|
564
Las Vegas Sands
LVS
$37.4B
| $22.4M | 0.02% |
580,974
-18,477
| -3% | -$714K |
|
|
TXNM
565
TXNM Energy, Inc.
TXNM
$5.99B
| $22.3M | 0.02% |
416,303
+16,784
| +4% | +$898K |
|
566
KeyCorp
KEY
$21.1B
| $22.2M | 0.02% |
1,390,682
-57,450
| -4% | -$919K |
|
567
Zebra Technologies
ZBRA
$15.6B
| $22.2M | 0.02% |
78,680
-588
| -0.7% | -$166K |
|
568
Dolby
DLB
$6.8B
| $22.2M | 0.02% |
276,759
-10,350
| -4% | -$831K |
|
569
White Mountains Insurance
WTM
$4.53B
| $22.2M | 0.02% |
11,535
-906
| -7% | -$1.74M |
|
570
Owens Corning
OC
$12.8B
| $22.2M | 0.02% |
155,351
-3,778
| -2% | -$540K |
|
571
Aecom
ACM
$16.6B
| $22.2M | 0.02% |
239,126
-9,584
| -4% | -$889K |
|
572
New Jersey Resources
NJR
$4.71B
| $22.2M | 0.02% |
451,978
-3,761
| -0.8% | -$185K |
|
573
Textron
TXT
$14.4B
| $22M | 0.02% |
304,333
-8,308
| -3% | -$600K |
|
574
TKO Group
TKO
$16B
| $21.8M | 0.02% |
142,856
+3,527
| +3% | +$539K |
|
575
Allete
ALE
$3.7B
| $21.8M | 0.02% |
332,096
| – | – |
|