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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGEN
176
DELISTED
Seagen Inc. Common Stock
SGEN
| $146M | 0.11% | 1,014,414 -19,504 | -2% | -$2.81M |
|
177
TJX Companies
TJX
$152B
| $145M | 0.11% | 2,398,319 -190,747 | -7% | -$11.6M |
|
178
EOG Resources
EOG
$68.2B
| $145M | 0.11% | 1,217,025 -74,955 | -6% | -$8.94M |
|
179
FirstEnergy
FE
$25.2B
| $145M | 0.11% | 3,152,593 +492,010 | +18% | +$22.6M |
|
180
US Bancorp
USB
$76B
| $144M | 0.11% | 2,712,373 -181,648 | -6% | -$9.65M |
|
181
Liberty Broadband Class C
LBRDK
$8.73B
| $144M | 0.11% | 1,063,976 +16,445 | +2% | +$2.23M |
|
182
Akamai
AKAM
$11.3B
| $143M | 0.11% | 1,200,688 -26,149 | -2% | -$3.12M |
|
183
Norfolk Southern
NSC
$62.8B
| $139M | 0.11% | 487,043 -35,530 | -7% | -$10.1M |
|
184
Ford
F
$46.8B
| $138M | 0.11% | 8,158,310 -542,443 | -6% | -$9.17M |
|
185
Tyler Technologies
TYL
$24.4B
| $136M | 0.11% | 306,701 -3,329 | -1% | -$1.48M |
|
186
Omnicom Group
OMC
$15.2B
| $136M | 0.11% | 1,598,590 -50,074 | -3% | -$4.25M |
|
187
Genuine Parts
GPC
$19.4B
| $135M | 0.1% | 1,070,495 -23,224 | -2% | -$2.93M |
|
188
Arista Networks
ANET
$172B
| $135M | 0.1% | 969,945 +1,603 | +0.2% | +$223K |
|
189
Verisk Analytics
VRSK
$37.5B
| $135M | 0.1% | 627,943 -26,976 | -4% | -$5.79M |
|
190
Broadridge
BR
$29.9B
| $134M | 0.1% | 861,134 -17,096 | -2% | -$2.66M |
|
191
Illinois Tool Works
ITW
$77.1B
| $134M | 0.1% | 639,050 -38,802 | -6% | -$8.13M |
|
192
Take-Two Interactive
TTWO
$43B
| $132M | 0.1% | 855,968 -23,147 | -3% | -$3.56M |
|
193
Expeditors International
EXPD
$16.4B
| $130M | 0.1% | 1,261,686 -27,202 | -2% | -$2.81M |
|
194
Roper Technologies
ROP
$56.6B
| $130M | 0.1% | 274,855 -6,898 | -2% | -$3.26M |
|
195
Cadence Design Systems
CDNS
$95.5B
| $129M | 0.1% | 786,989 -35,498 | -4% | -$5.84M |
|
196
Clorox
CLX
$14.5B
| $128M | 0.1% | 921,037 -11,288 | -1% | -$1.57M |
|
197
HCA Healthcare
HCA
$94.5B
| $128M | 0.1% | 509,739 -39,557 | -7% | -$9.91M |
|
198
Brown & Brown
BRO
$32B
| $127M | 0.1% | 1,752,931 -47,215 | -3% | -$3.41M |
|
199
Estee Lauder
EL
$33B
| $127M | 0.1% | 465,063 -27,666 | -6% | -$7.53M |
|
200
Pool Corp
POOL
$11.6B
| $126M | 0.1% | 298,130 -5,011 | -2% | -$2.12M |
|