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 |
NVIDIA
NVDA
|
$6.83B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$200M |
| 3 |
Apple
AAPL
|
$164M |
| 4 |
Amphenol
APH
|
$163M |
| 5 |
Chipotle Mexican Grill
CMG
|
$151M |
Top Sells
| 1 |
Financial Select Sector SPDR Fund
XLF
|
$505M |
| 2 |
Costco
COST
|
$422M |
| 3 |
Home Depot
HD
|
$348M |
| 4 |
Bank of America
BAC
|
$259M |
| 5 |
PepsiCo
PEP
|
$247M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
MSCI
MSCI
$42.6B
| $167M | 0.12% |
346,202
+210,883
| +156% | +$102M |
|
152
Keurig Dr Pepper
KDP
$39.2B
| $166M | 0.12% |
4,960,970
-631,124
| -11% | -$21.1M |
|
153
Constellation Brands
STZ
$26.7B
| $164M | 0.12% |
638,201
-82,622
| -11% | -$21.3M |
|
154
HP
HPQ
$26.5B
| $164M | 0.12% |
4,676,997
-327,296
| -7% | -$11.5M |
|
155
Realty Income
O
$53B
| $161M | 0.12% |
3,048,029
-361,215
| -11% | -$19.1M |
|
156
Kroger
KR
$45.4B
| $159M | 0.12% |
3,193,583
-642,046
| -17% | -$32.1M |
|
157
Pinduoduo
PDD
$173B
| $158M | 0.12% |
1,187,243
+136,847
| +13% | +$18.2M |
|
158
CVS Health
CVS
$94.1B
| $157M | 0.12% |
2,664,181
-111,519
| -4% | -$6.59M |
|
159
3M
MMM
$81.8B
| $157M | 0.12% |
1,536,771
-172,863
| -10% | -$17.7M |
|
160
Xcel Energy
XEL
$42.5B
| $155M | 0.11% |
2,897,617
-563,289
| -16% | -$30.1M |
|
|
161
Chipotle Mexican Grill
CMG
$56B
| $154M | 0.11% |
2,460,683
+2,410,772
| +4,830% | +$151M |
|
162
Consolidated Edison
ED
$35B
| $152M | 0.11% |
1,694,749
-389,776
| -19% | -$34.9M |
|
163
CDW
CDW
$21.1B
| $150M | 0.11% |
668,552
-141,687
| -17% | -$31.7M |
|
164
Yum! Brands
YUM
$40.1B
| $150M | 0.11% |
1,129,038
-131,526
| -10% | -$17.4M |
|
165
Boeing
BA
$178B
| $147M | 0.11% |
806,202
-178,916
| -18% | -$32.6M |
|
166
CrowdStrike
CRWD
$103B
| $147M | 0.11% |
382,900
+3,196
| +0.8% | +$1.22M |
|
167
Hartford Financial Services
HIG
$36.9B
| $145M | 0.11% |
1,445,426
+613,165
| +74% | +$61.6M |
|
168
ON Semiconductor
ON
$19.6B
| $145M | 0.11% |
2,110,561
+1,519,504
| +257% | +$104M |
|
169
Corning
GLW
$58.1B
| $143M | 0.1% |
3,669,135
-811,868
| -18% | -$31.5M |
|
170
Hewlett Packard
HPE
$29.3B
| $141M | 0.1% |
6,642,935
-1,101,524
| -14% | -$23.3M |
|
171
Trane Technologies
TT
$91B
| $138M | 0.1% |
419,447
-20
| -0% | -$6.58K |
|
172
Mercado Libre
MELI
$121B
| $137M | 0.1% |
83,168
+1,668
| +2% | +$2.74M |
|
|
ANSS
173
DELISTED
Ansys
ANSS
| $136M | 0.1% |
424,420
-21,035
| -5% | -$6.76M |
|
174
Kinder Morgan
KMI
$59.3B
| $136M | 0.1% |
6,842,230
+1,358,658
| +25% | +$27M |
|
175
Kraft Heinz
KHC
$31B
| $135M | 0.1% |
4,198,356
-533,960
| -11% | -$17.2M |
|