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 | |
|---|---|---|---|---|---|---|
101
United Parcel Service
UPS
$74.1B
| $269M | 0.24% | 1,613,939 +34,921 | +2% | +$5.82M |
|
102
Synopsys
SNPS
$112B
| $269M | 0.24% | 1,254,924 -6,841 | -0.5% | -$1.46M |
|
103
Amphenol
APH
$133B
| $265M | 0.24% | 2,450,673 -33,967 | -1% | -$3.68M |
|
104
WEC Energy
WEC
$34.3B
| $255M | 0.23% | 2,630,579 -23,414 | -0.9% | -$2.27M |
|
105
Ross Stores
ROST
$48.1B
| $248M | 0.22% | 2,656,704 +53,547 | +2% | +$5M |
|
106
Allstate
ALL
$53.6B
| $247M | 0.22% | 2,625,865 -36,666 | -1% | -$3.45M |
|
107
Eversource Energy
ES
$23.8B
| $234M | 0.21% | 2,797,819 +67,036 | +2% | +$5.6M |
|
108
Target
TGT
$43.6B
| $234M | 0.21% | 1,484,512 +321,139 | +28% | +$50.6M |
|
109
Public Service Enterprise Group
PEG
$41.1B
| $231M | 0.21% | 4,215,788 -37,755 | -0.9% | -$2.07M |
|
110
AutoZone
AZO
$70.2B
| $229M | 0.2% | 194,855 -3,226 | -2% | -$3.8M |
|
111
Yum! Brands
YUM
$40.8B
| $229M | 0.2% | 2,508,126 -21,959 | -0.9% | -$2M |
|
112
Travelers Companies
TRV
$61.1B
| $228M | 0.2% | 2,111,502 -30,024 | -1% | -$3.25M |
|
113
Ball Corp
BALL
$14.3B
| $224M | 0.2% | 2,699,240 -15,560 | -0.6% | -$1.29M |
|
114
Kroger
KR
$44.9B
| $223M | 0.2% | 6,576,361 +2,237,948 | +52% | +$75.9M |
|
115
Motorola Solutions
MSI
$78.7B
| $222M | 0.2% | 1,416,762 -14,782 | -1% | -$2.32M |
|
116
Clorox
CLX
$14.5B
| $221M | 0.2% | 1,049,784 -4,396 | -0.4% | -$924K |
|
117
American Water Works
AWK
$28B
| $219M | 0.19% | 1,510,685 -8,524 | -0.6% | -$1.23M |
|
118
Advanced Micro Devices
AMD
$264B
| $219M | 0.19% | 2,667,646 +60,697 | +2% | +$4.98M |
|
119
Consolidated Edison
ED
$35.4B
| $217M | 0.19% | 2,787,310 -25,510 | -0.9% | -$1.98M |
|
120
Citigroup
C
$178B
| $216M | 0.19% | 5,002,767 +171,493 | +4% | +$7.39M |
|
121
Charter Communications
CHTR
$36.3B
| $215M | 0.19% | 344,536 +7,852 | +2% | +$4.9M |
|
122
Paychex
PAYX
$50.2B
| $215M | 0.19% | 2,694,086 -16,760 | -0.6% | -$1.34M |
|
123
Wells Fargo
WFC
$263B
| $212M | 0.19% | 9,013,831 +311,124 | +4% | +$7.31M |
|
124
ServiceNow
NOW
$190B
| $212M | 0.19% | 436,892 +10,625 | +2% | +$5.15M |
|
125
3M
MMM
$82.8B
| $207M | 0.18% | 1,289,687 +28,203 | +2% | +$4.52M |
|