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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SE
226
DELISTED
Spectra Energy Corp Wi
SE
| $59.9M | 0.09% |
1,721,025
-23,820
| -1% | -$830K |
|
|
HOT
227
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $59.4M | 0.09% |
748,569
+243,105
| +48% | +$19.3M |
|
|
BBBY
228
DELISTED
Bed Bath & Beyond Inc
BBBY
| $58.3M | 0.08% |
732,610
+76,062
| +12% | +$6.05M |
|
229
T Rowe Price
TROW
$23.6B
| $58.2M | 0.08% |
696,261
+12,136
| +2% | +$1.01M |
|
230
AutoZone
AZO
$70.2B
| $58.1M | 0.08% |
121,892
+26,841
| +28% | +$12.8M |
|
|
WFM
231
DELISTED
Whole Foods Market Inc
WFM
| $58.1M | 0.08% |
1,006,490
+127,330
| +14% | +$7.34M |
|
232
Sysco
SYY
$38.5B
| $57.2M | 0.08% |
1,566,349
-129,724
| -8% | -$4.74M |
|
233
Netflix
NFLX
$513B
| $57M | 0.08% |
151,176
+18,326
| +14% | +$6.91M |
|
234
Bread Financial
BFH
$3.09B
| $56.3M | 0.08% |
220,602
+67,189
| +44% | +$17.2M |
|
235
Kohl's
KSS
$1.69B
| $56.2M | 0.08% |
1,009,082
+326,613
| +48% | +$18.2M |
|
236
Gen Digital
GEN
$18.6B
| $55.9M | 0.08% |
2,434,938
+368,172
| +18% | +$8.45M |
|
237
Boston Scientific
BSX
$156B
| $55.3M | 0.08% |
4,539,820
-24,629
| -0.5% | -$300K |
|
|
DISCK
238
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $55.1M | 0.08% |
669,286
+73,486
| +12% | +$6.05M |
|
239
Southwest Airlines
LUV
$17.3B
| $54.5M | 0.08% |
2,876,611
+1,157,060
| +67% | +$21.9M |
|
240
Carnival Corp
CCL
$43.2B
| $54.3M | 0.08% |
1,373,382
+244,537
| +22% | +$9.67M |
|
241
America Movil
AMX
$60.3B
| $53.9M | 0.08% |
+2,337,357
| New | +$53.9M |
|
|
MBT
242
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $53.5M | 0.08% |
+2,496,809
| New | +$53.5M |
|
243
Alcoa
AA
$8.33B
| $53.3M | 0.08% |
5,107,466
+1,267,028
| +33% | +$13.2M |
|
244
Kellanova
K
$27.6B
| $52.9M | 0.08% |
870,866
+143,144
| +20% | +$8.69M |
|
|
STJ
245
DELISTED
St Jude Medical
STJ
| $52.8M | 0.08% |
840,993
+6,855
| +0.8% | +$430K |
|
246
Ross Stores
ROST
$48.1B
| $52.7M | 0.08% |
706,713
+140,875
| +25% | +$10.5M |
|
247
Chipotle Mexican Grill
CMG
$56.5B
| $52.4M | 0.08% |
97,951
+5,115
| +6% | +$2.74M |
|
|
KMP
248
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $52.3M | 0.08% |
653,775
+12,308
| +2% | +$985K |
|
249
Pentair
PNR
$17.6B
| $52.1M | 0.08% |
672,678
+91,723
| +16% | +$7.1M |
|
250
Lincoln National
LNC
$8.14B
| $51.7M | 0.07% |
994,799
-34,805
| -3% | -$1.81M |
|