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 |
Gilead Sciences
GILD
|
$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
$408M |
| 4 |
Adobe
ADBE
|
$333M |
| 5 |
T-Mobile US
TMUS
|
$205M |
Top Sells
| 1 |
Apple
AAPL
|
$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$146M |
| 3 |
Sysco
SYY
|
$144M |
| 4 |
AGN
Allergan plc
AGN
|
$134M |
| 5 |
Welltower
WELL
|
$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Broadridge
BR
$29.4B
| $121M | 0.12% |
962,378
-1,615
| -0.2% | -$204K |
|
177
Air Products & Chemicals
APD
$64.5B
| $120M | 0.12% |
495,304
-574
| -0.1% | -$139K |
|
178
CSX Corp
CSX
$60.6B
| $120M | 0.12% |
5,143,506
+136,353
| +3% | +$3.17M |
|
179
Healthpeak Properties
DOC
$12.8B
| $119M | 0.12% |
4,320,285
+264,643
| +7% | +$7.29M |
|
180
Humana
HUM
$37B
| $119M | 0.12% |
306,977
+2,111
| +0.7% | +$819K |
|
181
Jack Henry & Associates
JKHY
$11.8B
| $118M | 0.12% |
643,706
-4,169
| -0.6% | -$767K |
|
182
Hormel Foods
HRL
$14.1B
| $118M | 0.12% |
2,440,630
-452
| -0% | -$21.8K |
|
183
Autodesk
ADSK
$69.5B
| $118M | 0.12% |
491,333
-3,235
| -0.7% | -$774K |
|
184
ZTO Express
ZTO
$14.7B
| $117M | 0.12% |
3,199,598
+2,283,754
| +249% | +$83.8M |
|
185
Cooper Companies
COO
$13.5B
| $117M | 0.12% |
1,644,644
+78,064
| +5% | +$5.54M |
|
186
Truist Financial
TFC
$60B
| $116M | 0.11% |
3,099,349
+88,502
| +3% | +$3.32M |
|
187
Digital Realty Trust
DLR
$55.7B
| $116M | 0.11% |
816,655
+25,501
| +3% | +$3.62M |
|
188
Hartford Financial Services
HIG
$37B
| $116M | 0.11% |
3,007,989
+133,969
| +5% | +$5.16M |
|
189
Nasdaq
NDAQ
$53.6B
| $116M | 0.11% |
2,904,657
+116,718
| +4% | +$4.65M |
|
190
Tyler Technologies
TYL
$24.2B
| $115M | 0.11% |
330,793
+3,481
| +1% | +$1.21M |
|
191
Evergy
EVRG
$16.5B
| $113M | 0.11% |
1,913,063
-1,345
| -0.1% | -$79.7K |
|
|
CERN
192
DELISTED
Cerner Corp
CERN
| $113M | 0.11% |
1,644,278
+42,397
| +3% | +$2.91M |
|
193
O'Reilly Automotive
ORLY
$89B
| $113M | 0.11% |
4,007,505
+82,515
| +2% | +$2.32M |
|
194
Verisk Analytics
VRSK
$37.8B
| $112M | 0.11% |
655,684
+16,736
| +3% | +$2.85M |
|
195
Liberty Broadband Class C
LBRDK
$8.61B
| $111M | 0.11% |
895,050
+38,799
| +5% | +$4.81M |
|
196
Mid-America Apartment Communities
MAA
$17B
| $110M | 0.11% |
960,143
-1,181
| -0.1% | -$135K |
|
197
Deere & Co
DE
$128B
| $110M | 0.11% |
700,485
+58,571
| +9% | +$9.2M |
|
|
DRE
198
DELISTED
Duke Realty Corp.
DRE
| $109M | 0.11% |
3,087,040
+171,033
| +6% | +$6.05M |
|
199
Sun Communities
SUI
$16.2B
| $107M | 0.11% |
791,954
+14,280
| +2% | +$1.94M |
|
200
Sherwin-Williams
SHW
$92.9B
| $107M | 0.11% |
557,376
-5,760
| -1% | -$1.11M |
|