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 |
Costco
COST
|
$253M |
| 2 |
Walmart
WMT
|
$201M |
| 3 |
Amazon
AMZN
|
$110M |
| 4 |
United Parcel Service
UPS
|
$103M |
| 5 |
Pool Corp
POOL
|
$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
$413M |
| 2 |
Chubb
CB
|
$336M |
| 3 |
Coca-Cola
KO
|
$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
$169M |
| 5 |
Apple
AAPL
|
$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Tyler Technologies
TYL
$24.2B
| $141M | 0.11% |
310,671
-4,532
| -1% | -$2.05M |
|
202
Domino's
DPZ
$15.7B
| $139M | 0.1% |
297,137
-8,366
| -3% | -$3.9M |
|
203
Sun Communities
SUI
$16.2B
| $138M | 0.1% |
803,381
+3,621
| +0.5% | +$621K |
|
204
Quest Diagnostics
DGX
$20.5B
| $137M | 0.1% |
1,034,606
-11,281
| -1% | -$1.49M |
|
205
Boston Scientific
BSX
$159B
| $136M | 0.1% |
3,186,649
+184,677
| +6% | +$7.9M |
|
206
Cincinnati Financial
CINF
$24B
| $136M | 0.1% |
1,167,182
-5,849
| -0.5% | -$682K |
|
207
Ford
F
$46.7B
| $136M | 0.1% |
9,141,656
-237,186
| -3% | -$3.52M |
|
|
DRE
208
DELISTED
Duke Realty Corp.
DRE
| $135M | 0.1% |
2,855,183
-12,051
| -0.4% | -$571K |
|
209
Eaton
ETN
$136B
| $134M | 0.1% |
903,824
-15,491
| -2% | -$2.3M |
|
210
Fastenal
FAST
$55.1B
| $133M | 0.1% |
5,126,754
+2,460,240
| +92% | +$64M |
|
211
Omnicom Group
OMC
$15.4B
| $133M | 0.1% |
1,666,301
-12,702
| -0.8% | -$1.02M |
|
212
Moody's
MCO
$89.5B
| $132M | 0.1% |
365,245
-7,329
| -2% | -$2.66M |
|
|
CERN
213
DELISTED
Cerner Corp
CERN
| $131M | 0.1% |
1,679,655
-12,536
| -0.7% | -$980K |
|
214
Edwards Lifesciences
EW
$47.5B
| $130M | 0.1% |
1,259,986
-38,837
| -3% | -$4.02M |
|
215
MarketAxess Holdings
MKTX
$7.01B
| $130M | 0.1% |
281,353
-3,458
| -1% | -$1.6M |
|
216
CMS Energy
CMS
$21.4B
| $130M | 0.1% |
2,202,177
-10,514
| -0.5% | -$621K |
|
217
Humana
HUM
$37B
| $130M | 0.1% |
293,781
-5,044
| -2% | -$2.23M |
|
218
Emerson Electric
EMR
$74.6B
| $130M | 0.1% |
1,349,543
-20,496
| -1% | -$1.97M |
|
219
Twilio
TWLO
$16.7B
| $130M | 0.1% |
328,906
-6,211
| -2% | -$2.45M |
|
220
Air Products & Chemicals
APD
$64.5B
| $130M | 0.1% |
450,518
-10,561
| -2% | -$3.04M |
|
221
Digital Realty Trust
DLR
$55.7B
| $129M | 0.1% |
860,168
-4,169
| -0.5% | -$627K |
|
222
NXP Semiconductors
NXPI
$57.2B
| $129M | 0.1% |
626,338
-19,477
| -3% | -$4.01M |
|
|
223
Pool Corp
POOL
$12.4B
| $129M | 0.1% |
280,923
+189,690
| +208% | +$87M |
|
224
HCA Healthcare
HCA
$98.5B
| $129M | 0.1% |
622,285
-21,806
| -3% | -$4.51M |
|
225
Kellanova
K
$27.8B
| $126M | 0.09% |
2,081,966
-30,238
| -1% | -$1.83M |
|