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 |
Apple
AAPL
|
$3.23B |
| 2 |
Tesla
TSLA
|
$584M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$217M |
| 4 |
T-Mobile US
TMUS
|
$208M |
| 5 |
Electronic Arts
EA
|
$208M |
Top Sells
| 1 |
Realty Income
O
|
$110M |
| 2 |
Healthpeak Properties
DOC
|
$86.3M |
| 3 |
Hartford Financial Services
HIG
|
$63.5M |
| 4 |
Annaly Capital Management
NLY
|
$62.7M |
| 5 |
W.P. Carey
WPC
|
$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Lockheed Martin
LMT
$106B
| $480M | 0.43% | 1,252,966 +27,388 | +2% | +$10.5M |
|
52
Southern Company
SO
$102B
| $475M | 0.42% | 8,756,638 +133,195 | +2% | +$7.22M |
|
53
Regeneron Pharmaceuticals
REGN
$61.5B
| $465M | 0.41% | 830,801 -7,197 | -0.9% | -$4.03M |
|
54
CME Group
CME
$96B
| $460M | 0.41% | 2,747,326 +40,698 | +2% | +$6.81M |
|
55
Bristol-Myers Squibb
BMY
$96B
| $458M | 0.41% | 7,597,451 +25,559 | +0.3% | +$1.54M |
|
56
Dollar General
DG
$23.9B
| $441M | 0.39% | 2,102,304 -34,881 | -2% | -$7.31M |
|
57
Dominion Energy
D
$51.1B
| $437M | 0.39% | 5,540,592 +106,400 | +2% | +$8.4M |
|
58
Chubb
CB
$110B
| $436M | 0.39% | 3,758,804 -29,509 | -0.8% | -$3.43M |
|
59
Abbott
ABT
$231B
| $432M | 0.38% | 3,973,771 +80,749 | +2% | +$8.79M |
|
60
Bank of America
BAC
$376B
| $429M | 0.38% | 17,809,769 -116,666 | -0.7% | -$2.81M |
|
61
Newmont
NEM
$81.7B
| $425M | 0.38% | 6,693,056 -88,154 | -1% | -$5.59M |
|
62
Ecolab
ECL
$78.6B
| $422M | 0.38% | 2,112,472 -18,173 | -0.9% | -$3.63M |
|
63
Zoetis
ZTS
$69.3B
| $405M | 0.36% | 2,446,566 +45,783 | +2% | +$7.57M |
|
64
Fiserv
FI
$75.1B
| $404M | 0.36% | 3,916,236 +76,597 | +2% | +$7.89M |
|
65
Thermo Fisher Scientific
TMO
$186B
| $402M | 0.36% | 911,508 +23,321 | +3% | +$10.3M |
|
66
Waste Management
WM
$91.2B
| $399M | 0.35% | 3,523,342 -44,221 | -1% | -$5M |
|
67
Aon
AON
$79.1B
| $397M | 0.35% | 1,922,974 -20,646 | -1% | -$4.26M |
|
68
Colgate-Palmolive
CL
$67.9B
| $381M | 0.34% | 4,940,321 +97,892 | +2% | +$7.55M |
|
69
AbbVie
ABBV
$372B
| $371M | 0.33% | 4,238,422 +153,388 | +4% | +$13.4M |
|
70
Costco
COST
$418B
| $359M | 0.32% | 1,011,258 +22,918 | +2% | +$8.14M |
|
71
Equinix
EQIX
$76.9B
| $357M | 0.32% | 469,669 +7,384 | +2% | +$5.61M |
|
|
ATVI
72
DELISTED
Activision Blizzard Inc.
ATVI
| $355M | 0.32% | 4,387,825 +2,677,541 | +157% | +$217M |
|
73
Nike
NKE
$114B
| $350M | 0.31% | 2,785,890 +55,281 | +2% | +$6.94M |
|
74
Automatic Data Processing
ADP
$123B
| $338M | 0.3% | 2,422,081 +51,592 | +2% | +$7.2M |
|
75
Kimberly-Clark
KMB
$42.8B
| $338M | 0.3% | 2,287,848 +45,478 | +2% | +$6.72M |
|