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 | |
|---|---|---|---|---|---|---|
176
CSX Corp
CSX
$60.9B
| $128M | 0.11% |
3,752,082
-263,038
| -7% | -$8.97M |
|
177
Micron Technology
MU
$139B
| $127M | 0.11% |
2,019,757
-193,910
| -9% | -$12.2M |
|
178
Hewlett Packard
HPE
$30.4B
| $127M | 0.11% |
7,551,246
+3,954,621
| +110% | +$66.4M |
|
179
Entergy
ETR
$39.4B
| $126M | 0.11% |
2,579,704
-36,582
| -1% | -$1.78M |
|
180
HCA Healthcare
HCA
$96.3B
| $125M | 0.11% |
410,517
-25,126
| -6% | -$7.63M |
|
181
Air Products & Chemicals
APD
$64.5B
| $124M | 0.11% |
414,538
-20,429
| -5% | -$6.12M |
|
182
EOG Resources
EOG
$66.3B
| $124M | 0.11% |
1,079,294
-62,517
| -5% | -$7.15M |
|
183
Sherwin-Williams
SHW
$91.2B
| $123M | 0.11% |
463,432
-11,872
| -2% | -$3.15M |
|
184
Broadridge
BR
$29.5B
| $123M | 0.11% |
742,361
-21,966
| -3% | -$3.64M |
|
185
Clorox
CLX
$15.2B
| $123M | 0.11% |
772,483
-20,185
| -3% | -$3.21M |
|
186
Expeditors International
EXPD
$16.5B
| $120M | 0.1% |
990,456
-48,858
| -5% | -$5.92M |
|
187
Markel Group
MKL
$24.8B
| $120M | 0.1% |
86,435
-2,222
| -3% | -$3.07M |
|
188
SBA Communications
SBAC
$21B
| $117M | 0.1% |
503,043
-2,727
| -0.5% | -$632K |
|
189
Target
TGT
$42.1B
| $115M | 0.1% |
872,818
-99,510
| -10% | -$13.1M |
|
190
Keysight
KEYS
$28.7B
| $112M | 0.1% |
671,269
-483,532
| -42% | -$81M |
|
191
FirstEnergy
FE
$25.1B
| $112M | 0.1% |
2,887,634
-61,769
| -2% | -$2.4M |
|
192
General Dynamics
GD
$86.7B
| $112M | 0.1% |
519,989
-30,103
| -5% | -$6.48M |
|
193
Chipotle Mexican Grill
CMG
$55.5B
| $112M | 0.1% |
2,614,450
-80,550
| -3% | -$3.45M |
|
194
Ford
F
$46.5B
| $111M | 0.1% |
7,332,561
-330,874
| -4% | -$5.01M |
|
195
Fidelity National Information Services
FIS
$35.9B
| $110M | 0.09% |
2,015,412
-183,235
| -8% | -$10M |
|
196
Johnson Controls International
JCI
$70.1B
| $109M | 0.09% |
1,600,389
-38,360
| -2% | -$2.61M |
|
197
Kellanova
K
$27.6B
| $108M | 0.09% |
1,713,068
-70,140
| -4% | -$4.44M |
|
198
Hologic
HOLX
$14.8B
| $107M | 0.09% |
1,325,216
+1,892
| +0.1% | +$153K |
|
199
Omnicom Group
OMC
$15.2B
| $106M | 0.09% |
1,116,882
-22,624
| -2% | -$2.15M |
|
200
FedEx
FDX
$53.2B
| $106M | 0.09% |
428,516
-35,455
| -8% | -$8.79M |
|