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 |
Apollo Global Management
APO
|
$635M |
| 2 |
Verizon
VZ
|
$198M |
| 3 |
EOG Resources
EOG
|
$105M |
| 4 |
Perrigo
PRGO
|
$46M |
| 5 |
Meta Platforms (Facebook)
META
|
$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
$35.3M |
| 3 |
Vodafone
VOD
|
$31.5M |
| 4 |
Voya Financial
VOYA
|
$30.5M |
| 5 |
Walmart
WMT
|
$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.11% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Regions Financial
RF
$24.1B
| $58.8M | 0.08% |
5,516,775
+365,450
| +7% | +$3.9M |
|
227
Intuitive Surgical
ISRG
$167B
| $58.4M | 0.08% |
1,073,511
+3,825
| +0.4% | +$208K |
|
228
Equity Residential
EQR
$25.5B
| $57.8M | 0.08% |
962,779
+108,827
| +13% | +$6.53M |
|
229
Kinder Morgan
KMI
$59.1B
| $57.2M | 0.08% |
1,729,218
-111,841
| -6% | -$3.7M |
|
|
STJ
230
DELISTED
St Jude Medical
STJ
| $56.7M | 0.08% |
901,701
+60,708
| +7% | +$3.82M |
|
231
Avnet
AVT
$4.49B
| $56.7M | 0.08% |
1,222,062
-166,332
| -12% | -$7.72M |
|
232
Entergy
ETR
$39.2B
| $56.5M | 0.08% |
1,610,092
+2,220
| +0.1% | +$77.9K |
|
233
Wynn Resorts
WYNN
$12.6B
| $56.2M | 0.08% |
264,145
+10,900
| +4% | +$2.32M |
|
|
TRW
234
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $55.9M | 0.08% |
690,296
+178,762
| +35% | +$14.5M |
|
235
Parker-Hannifin
PH
$96.1B
| $55.8M | 0.08% |
466,620
-3,400
| -0.7% | -$407K |
|
236
AutoZone
AZO
$70.6B
| $55.7M | 0.08% |
106,073
-15,819
| -13% | -$8.31M |
|
237
Weyerhaeuser
WY
$18.9B
| $55.6M | 0.08% |
1,947,270
-130,600
| -6% | -$3.73M |
|
238
Netflix
NFLX
$529B
| $55.3M | 0.08% |
1,110,228
+51,996
| +5% | +$2.59M |
|
239
Vornado Realty Trust
VNO
$7.93B
| $55.3M | 0.08% |
753,766
+33,977
| +5% | +$2.49M |
|
240
Liberty Global Class C
LBTYK
$4.12B
| $55.3M | 0.08% |
1,794,279
+700,893
| +64% | +$21.6M |
|
241
Carnival Corp
CCL
$42.8B
| $54.8M | 0.08% |
1,442,912
+69,530
| +5% | +$2.64M |
|
242
Kellanova
K
$27.8B
| $54.7M | 0.08% |
905,241
-22,231
| -2% | -$1.34M |
|
243
Sherwin-Williams
SHW
$92.9B
| $54.6M | 0.08% |
854,337
+77,370
| +10% | +$4.95M |
|
244
Sysco
SYY
$39.4B
| $54.5M | 0.08% |
1,521,946
-44,403
| -3% | -$1.59M |
|
245
Pentair
PNR
$18.1B
| $54.5M | 0.08% |
1,034,111
+32,493
| +3% | +$1.71M |
|
246
Ventas
VTR
$30.9B
| $54.2M | 0.08% |
742,152
+64,721
| +10% | +$4.73M |
|
|
CHK
247
DELISTED
Chesapeake Energy Corporation
CHK
| $54.1M | 0.08% |
10,944
-593
| -5% | -$2.93M |
|
|
SNDK
248
DELISTED
SANDISK CORP
SNDK
| $54.1M | 0.08% |
686,900
-32,360
| -4% | -$2.55M |
|
249
United Airlines
UAL
$34.5B
| $54M | 0.08% |
1,247,496
+272,014
| +28% | +$11.8M |
|
250
Bread Financial
BFH
$3.09B
| $53.8M | 0.08% |
262,948
-13,466
| -5% | -$2.75M |
|