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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Gartner
IT
$18B
| $162M | 0.14% |
462,305
-5,844
| -1% | -$2.05M |
|
152
Yum! Brands
YUM
$39.7B
| $162M | 0.14% |
1,167,904
-37,732
| -3% | -$5.23M |
|
153
Charles Schwab
SCHW
$176B
| $156M | 0.13% |
2,755,209
-1,063,223
| -28% | -$60.3M |
|
154
Eversource Energy
ES
$23.4B
| $153M | 0.13% |
2,161,969
-31,762
| -1% | -$2.25M |
|
155
Uber
UBER
$193B
| $153M | 0.13% |
3,544,599
-72,328
| -2% | -$3.12M |
|
156
Realty Income
O
$53.1B
| $153M | 0.13% |
2,553,806
+42,787
| +2% | +$2.56M |
|
157
Church & Dwight Co
CHD
$23.1B
| $150M | 0.13% |
1,498,378
-55,795
| -4% | -$5.59M |
|
158
Eaton
ETN
$135B
| $150M | 0.13% |
746,104
-35,176
| -5% | -$7.07M |
|
159
Chubb
CB
$111B
| $150M | 0.13% |
778,313
-43,608
| -5% | -$8.4M |
|
160
Genuine Parts
GPC
$19.6B
| $149M | 0.13% |
882,164
-14,965
| -2% | -$2.53M |
|
161
CDW
CDW
$21.6B
| $149M | 0.13% |
811,157
+6,660
| +0.8% | +$1.22M |
|
162
Illinois Tool Works
ITW
$77B
| $145M | 0.12% |
580,766
-33,202
| -5% | -$8.31M |
|
163
Corning
GLW
$59.8B
| $144M | 0.12% |
4,109,515
+1,064,587
| +35% | +$37.3M |
|
164
Boston Scientific
BSX
$160B
| $143M | 0.12% |
2,639,101
-42,172
| -2% | -$2.28M |
|
165
Baxter International
BAX
$12.1B
| $142M | 0.12% |
3,121,038
-26,362
| -0.8% | -$1.2M |
|
166
Palo Alto Networks
PANW
$130B
| $139M | 0.12% |
1,090,902
-68,788
| -6% | -$8.79M |
|
167
Cencora
COR
$57.1B
| $138M | 0.12% |
715,071
+2,692
| +0.4% | +$518K |
|
168
PayPal
PYPL
$65.2B
| $135M | 0.12% |
2,022,773
-113,022
| -5% | -$7.54M |
|
169
DTE Energy
DTE
$28.2B
| $133M | 0.11% |
1,205,760
-15,868
| -1% | -$1.75M |
|
170
KLA
KLAC
$115B
| $132M | 0.11% |
272,964
-18,999
| -7% | -$9.21M |
|
171
Ameren
AEE
$27.2B
| $132M | 0.11% |
1,620,225
-22,296
| -1% | -$1.82M |
|
172
Travelers Companies
TRV
$62.8B
| $132M | 0.11% |
761,450
-17,795
| -2% | -$3.09M |
|
173
VeriSign
VRSN
$25.8B
| $130M | 0.11% |
576,512
-18,831
| -3% | -$4.26M |
|
174
Schlumberger
SLB
$53.6B
| $129M | 0.11% |
2,625,639
-138,290
| -5% | -$6.79M |
|
175
Willis Towers Watson
WTW
$32.1B
| $129M | 0.11% |
546,568
-12,568
| -2% | -$2.96M |
|