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 |
Amazon
AMZN
|
$1.88B |
| 2 |
IBM
IBM
|
$170M |
| 3 |
Mondelez International
MDLZ
|
$92M |
| 4 |
Warner Bros
WBD
|
$86.5M |
| 5 |
Roper Technologies
ROP
|
$82.7M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
CERN
Cerner Corp
CERN
|
$180M |
| 4 |
Visa
V
|
$126M |
| 5 |
Cisco
CSCO
|
$110M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Yum! Brands
YUM
$40.8B
| $146M | 0.14% | 1,284,833 -56,028 | -4% | -$6.36M |
|
152
Analog Devices
ADI
$124B
| $146M | 0.14% | 996,912 -59,853 | -6% | -$8.74M |
|
153
CMS Energy
CMS
$21.4B
| $145M | 0.14% | 2,150,552 -44,943 | -2% | -$3.03M |
|
154
Booking.com
BKNG
$181B
| $140M | 0.13% | 79,782 -4,628 | -5% | -$8.09M |
|
155
Genuine Parts
GPC
$19.4B
| $139M | 0.13% | 1,042,920 -27,575 | -3% | -$3.67M |
|
156
Intuitive Surgical
ISRG
$170B
| $138M | 0.13% | 686,304 -29,093 | -4% | -$5.84M |
|
157
Kellanova
K
$27.6B
| $134M | 0.13% | 1,881,956 -29,095 | -2% | -$2.08M |
|
158
Travelers Companies
TRV
$61.1B
| $134M | 0.13% | 790,230 -37,776 | -5% | -$6.39M |
|
159
Stryker
SYK
$150B
| $133M | 0.12% | 670,831 -29,808 | -4% | -$5.93M |
|
160
GE Aerospace
GE
$292B
| $133M | 0.12% | 2,089,831 -99,421 | -5% | -$6.33M |
|
161
Markel Group
MKL
$24.8B
| $133M | 0.12% | 102,566 -898 | -0.9% | -$1.16M |
|
162
PNC Financial Services
PNC
$81.7B
| $128M | 0.12% | 813,683 -51,937 | -6% | -$8.19M |
|
163
Clorox
CLX
$14.5B
| $128M | 0.12% | 907,725 -13,312 | -1% | -$1.88M |
|
164
Willis Towers Watson
WTW
$31.9B
| $128M | 0.12% | 648,123 -45,773 | -7% | -$9.04M |
|
165
EOG Resources
EOG
$68.2B
| $127M | 0.12% | 1,152,605 -64,420 | -5% | -$7.11M |
|
166
Nasdaq
NDAQ
$54.4B
| $127M | 0.12% | 834,057 -26,676 | -3% | -$4.07M |
|
167
TJX Companies
TJX
$152B
| $127M | 0.12% | 2,268,855 -129,464 | -5% | -$7.23M |
|
168
Boeing
BA
$177B
| $125M | 0.12% | 913,971 -36,904 | -4% | -$5.05M |
|
169
Keurig Dr Pepper
KDP
$39.5B
| $122M | 0.11% | 3,440,565 +2,094,051 | +156% | +$74.1M |
|
|
SGEN
170
DELISTED
Seagen Inc. Common Stock
SGEN
| $122M | 0.11% | 687,874 -326,540 | -32% | -$57.8M |
|
171
FirstEnergy
FE
$25.2B
| $122M | 0.11% | 3,168,114 +15,521 | +0.5% | +$596K |
|
172
Broadridge
BR
$29.9B
| $122M | 0.11% | 852,715 -8,419 | -1% | -$1.2M |
|
173
Micron Technology
MU
$133B
| $121M | 0.11% | 2,194,292 -116,784 | -5% | -$6.46M |
|
174
VeriSign
VRSN
$25.5B
| $121M | 0.11% | 724,088 -20,812 | -3% | -$3.48M |
|
175
Expeditors International
EXPD
$16.4B
| $121M | 0.11% | 1,243,017 -18,669 | -1% | -$1.82M |
|