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 |
SPDR S&P 500 ETF Trust
SPY
|
$334M |
| 2 |
Alibaba
BABA
|
$274M |
| 3 |
Verizon
VZ
|
$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
$201M |
| 5 |
Amazon
AMZN
|
$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
$185M |
| 2 |
CELG
Celgene Corp
CELG
|
$168M |
| 3 |
Procter & Gamble
PG
|
$121M |
| 4 |
Honeywell
HON
|
$109M |
| 5 |
Progressive
PGR
|
$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTXS
201
DELISTED
Citrix Systems Inc
CTXS
| $120M | 0.11% |
1,085,817
-22,269
| -2% | -$2.47M |
|
202
O'Reilly Automotive
ORLY
$89B
| $120M | 0.11% |
4,108,110
-41,610
| -1% | -$1.22M |
|
203
Quest Diagnostics
DGX
$20.5B
| $119M | 0.11% |
1,117,161
+37,642
| +3% | +$4.02M |
|
204
Broadridge
BR
$29.4B
| $118M | 0.11% |
952,502
+10,705
| +1% | +$1.32M |
|
205
Loews
L
$20B
| $117M | 0.11% |
2,224,815
-35,845
| -2% | -$1.88M |
|
206
Alexandria Real Estate Equities
ARE
$14.5B
| $116M | 0.11% |
719,268
+13,190
| +2% | +$2.13M |
|
207
Capital One
COF
$142B
| $116M | 0.1% |
1,126,246
-10,240
| -0.9% | -$1.05M |
|
208
EOG Resources
EOG
$64.4B
| $115M | 0.1% |
1,376,797
+48,889
| +4% | +$4.09M |
|
209
Genuine Parts
GPC
$19.4B
| $115M | 0.1% |
1,082,905
-2,128
| -0.2% | -$226K |
|
210
Annaly Capital Management
NLY
$14.2B
| $115M | 0.1% |
3,040,483
-117,136
| -4% | -$4.41M |
|
211
Sherwin-Williams
SHW
$92.9B
| $114M | 0.1% |
585,381
+3,447
| +0.6% | +$670K |
|
212
DuPont de Nemours
DD
$32.6B
| $114M | 0.1% |
1,771,241
-18,794
| -1% | -$1.21M |
|
213
W.P. Carey
WPC
$14.9B
| $113M | 0.1% |
1,443,871
+62,794
| +5% | +$4.92M |
|
214
Sun Communities
SUI
$16.2B
| $112M | 0.1% |
748,622
+366,999
| +96% | +$55.1M |
|
215
UDR
UDR
$13B
| $112M | 0.1% |
2,403,403
+170,421
| +8% | +$7.96M |
|
216
Illumina
ILMN
$15.7B
| $112M | 0.1% |
347,202
+13,875
| +4% | +$4.48M |
|
217
Leidos
LDOS
$23B
| $112M | 0.1% |
1,142,710
-69,674
| -6% | -$6.82M |
|
218
Extra Space Storage
EXR
$31.3B
| $112M | 0.1% |
1,057,136
-25,896
| -2% | -$2.74M |
|
219
American International
AIG
$43.9B
| $112M | 0.1% |
2,175,181
+67,308
| +3% | +$3.45M |
|
220
Cboe Global Markets
CBOE
$24.3B
| $111M | 0.1% |
925,356
-14,830
| -2% | -$1.78M |
|
221
Check Point Software Technologies
CHKP
$20.7B
| $111M | 0.1% |
999,421
+6,058
| +0.6% | +$672K |
|
222
Advanced Micro Devices
AMD
$245B
| $111M | 0.1% |
2,412,734
+247,594
| +11% | +$11.4M |
|
223
Darden Restaurants
DRI
$24.5B
| $110M | 0.1% |
1,011,055
-26,753
| -3% | -$2.92M |
|
224
Emerson Electric
EMR
$74.6B
| $110M | 0.1% |
1,442,917
+72,730
| +5% | +$5.55M |
|
225
Atmos Energy
ATO
$26.7B
| $110M | 0.1% |
980,041
+66,351
| +7% | +$7.42M |
|