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 | |
|---|---|---|---|---|---|---|
201
CMS Energy
CMS
$21.4B
| $106M | 0.09% |
1,806,159
-28,648
| -2% | -$1.68M |
|
202
Edwards Lifesciences
EW
$47.5B
| $105M | 0.09% |
1,116,812
-39,897
| -3% | -$3.76M |
|
203
Labcorp
LH
$22.9B
| $105M | 0.09% |
505,313
-7,179
| -1% | -$1.49M |
|
204
Nasdaq
NDAQ
$54.1B
| $105M | 0.09% |
2,099,604
-38,618
| -2% | -$1.93M |
|
205
NXP Semiconductors
NXPI
$56.8B
| $105M | 0.09% |
511,172
-24,798
| -5% | -$5.08M |
|
206
Freeport-McMoran
FCX
$66.1B
| $104M | 0.09% |
2,608,482
-157,795
| -6% | -$6.31M |
|
207
Mercado Libre
MELI
$123B
| $104M | 0.09% |
88,035
-1,304
| -1% | -$1.54M |
|
208
Moody's
MCO
$89.6B
| $104M | 0.09% |
298,831
-17,394
| -6% | -$6.05M |
|
209
Brown & Brown
BRO
$31.5B
| $103M | 0.09% |
1,502,808
-7,451
| -0.5% | -$513K |
|
210
Marathon Petroleum
MPC
$54.4B
| $103M | 0.09% |
886,068
-54,587
| -6% | -$6.36M |
|
211
Atmos Energy
ATO
$26.5B
| $102M | 0.09% |
878,615
-9,691
| -1% | -$1.13M |
|
212
Conagra Brands
CAG
$9.07B
| $102M | 0.09% |
3,017,527
-76,779
| -2% | -$2.59M |
|
213
Quest Diagnostics
DGX
$20.1B
| $101M | 0.09% |
720,162
-23,046
| -3% | -$3.24M |
|
214
BioMarin Pharmaceuticals
BMRN
$10.9B
| $101M | 0.09% |
1,167,331
-19,996
| -2% | -$1.73M |
|
215
General Motors
GM
$55.4B
| $99.9M | 0.09% |
2,589,537
-155,225
| -6% | -$5.99M |
|
216
W.W. Grainger
GWW
$49.2B
| $99.2M | 0.09% |
125,801
-3,584
| -3% | -$2.83M |
|
217
Snowflake
SNOW
$74B
| $99M | 0.09% |
562,847
+84,802
| +18% | +$14.9M |
|
218
Tyler Technologies
TYL
$24B
| $98.9M | 0.08% |
237,379
+126,169
| +113% | +$52.5M |
|
219
J.M. Smucker
SJM
$12B
| $97.9M | 0.08% |
662,734
-18,041
| -3% | -$2.66M |
|
220
Parker-Hannifin
PH
$95.9B
| $96.9M | 0.08% |
248,450
-11,870
| -5% | -$4.63M |
|
221
Norfolk Southern
NSC
$62.8B
| $96.8M | 0.08% |
426,967
-14,332
| -3% | -$3.25M |
|
222
Digital Realty Trust
DLR
$55.5B
| $95.1M | 0.08% |
835,225
-1,089
| -0.1% | -$124K |
|
223
Garmin
GRMN
$45.7B
| $94.9M | 0.08% |
909,518
-15,199
| -2% | -$1.59M |
|
224
Microchip Technology
MCHP
$34.8B
| $94.8M | 0.08% |
1,058,619
-3,397
| -0.3% | -$304K |
|
225
Emerson Electric
EMR
$74.9B
| $94.7M | 0.08% |
1,047,401
-48,354
| -4% | -$4.37M |
|