California Public Employees Retirement System

California Public Employees Retirement System Portfolio holdings

AUM $157B
 

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.

This Quarter Return
+0.65%
1 Year Return
+23.37%
3 Year Return
+94.09%
5 Year Return
+169.49%
10 Year Return
+413.48%
AUM
$134B
AUM Growth
+$134B
Cap. Flow
+$242M
Cap. Flow %
0.18%
Top 10 Hldgs %
19.44%
Holding
1,569
New
40
Increased
556
Reduced
630
Closed
330

Sector Composition

1 Technology 23.75%
2 Healthcare 14.44%
3 Financials 12.48%
4 Consumer Discretionary 10.45%
5 Communication Services 10.44%
Name Market Value Portfolio Weight Shares or Principal Shares
Change %
Capital Flow
CRM icon
51
Salesforce
CRM
$245B
$561M 0.42% 2,066,777 +80,525 +4% +$21.8M
INTC icon
52
Intel
INTC
$107B
$558M 0.42% 10,468,454 -185,442 -2% -$9.88M
CME icon
53
CME Group
CME
$96B
$535M 0.4% 2,768,119 +20,402 +0.7% +$3.95M
FIS icon
54
Fidelity National Information Services
FIS
$36.5B
$510M 0.38% 4,187,505 +46,562 +1% +$5.67M
SO icon
55
Southern Company
SO
$102B
$507M 0.38% 8,178,377 +74,123 +0.9% +$4.59M
AON icon
56
Aon
AON
$79.1B
$497M 0.37% 1,738,806 +9,896 +0.6% +$2.83M
WM icon
57
Waste Management
WM
$91.2B
$490M 0.37% 3,281,895 +27,574 +0.8% +$4.12M
ADP icon
58
Automatic Data Processing
ADP
$123B
$488M 0.36% 2,439,403 +30,065 +1% +$6.01M
REGN icon
59
Regeneron Pharmaceuticals
REGN
$61.5B
$486M 0.36% 802,679 +6,929 +0.9% +$4.19M
AMGN icon
60
Amgen
AMGN
$155B
$479M 0.36% 2,253,432 -12,196 -0.5% -$2.59M
ZTS icon
61
Zoetis
ZTS
$69.3B
$478M 0.36% 2,461,530 +21,042 +0.9% +$4.09M
BDX icon
62
Becton Dickinson
BDX
$55.3B
$475M 0.35% 1,934,189 +293,291 +18% +$72.1M
ATVI
63
DELISTED
Activision Blizzard Inc.
ATVI
$465M 0.35% 6,009,140 +80,812 +1% +$6.25M
UPS icon
64
United Parcel Service
UPS
$74.1B
$463M 0.35% 2,544,909 +172,556 +7% +$31.4M
D icon
65
Dominion Energy
D
$51.1B
$454M 0.34% 6,220,101 +158,800 +3% +$11.6M
BMY icon
66
Bristol-Myers Squibb
BMY
$96B
$453M 0.34% 7,654,864 -64,572 -0.8% -$3.82M
AVGO icon
67
Broadcom
AVGO
$1.4T
$448M 0.33% 923,034 +21,260 +2% +$10.3M
WFC icon
68
Wells Fargo
WFC
$263B
$445M 0.33% 9,592,208 +239,841 +3% +$11.1M
ABBV icon
69
AbbVie
ABBV
$372B
$443M 0.33% 4,111,123 +101,611 +3% +$11M
CVX icon
70
Chevron
CVX
$324B
$443M 0.33% 4,368,746 +12,314 +0.3% +$1.25M
FI icon
71
Fiserv
FI
$75.1B
$440M 0.33% 4,058,991 +52,678 +1% +$5.72M
LMT icon
72
Lockheed Martin
LMT
$106B
$435M 0.32% 1,259,560 +11,456 +0.9% +$3.95M
ECL icon
73
Ecolab
ECL
$78.6B
$410M 0.31% 1,966,763 +16,939 +0.9% +$3.53M
NKE icon
74
Nike
NKE
$114B
$402M 0.3% 2,769,169 -21,241 -0.8% -$3.08M
DG icon
75
Dollar General
DG
$23.9B
$393M 0.29% 1,851,609 -22,716 -1% -$4.82M