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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$224M |
| 3 |
Aflac
AFL
|
$52.6M |
| 4 |
Fiserv
FI
|
$36.2M |
| 5 |
JOBS
51job, Inc.
JOBS
|
$26.8M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$312M |
| 2 |
Amazon
AMZN
|
$153M |
| 3 |
Johnson & Johnson
JNJ
|
$75.8M |
| 4 |
Microsoft
MSFT
|
$69.7M |
| 5 |
Honeywell
HON
|
$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.6% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Newmont
NEM
$83.3B
| $54.4M | 0.08% |
1,392,195
-104,272
| -7% | -$4.07M |
|
252
ServiceNow
NOW
$190B
| $54.2M | 0.08% |
327,397
-18,094
| -5% | -$2.99M |
|
253
Edison International
EIX
$21.6B
| $54.1M | 0.08% |
850,377
-189,509
| -18% | -$12.1M |
|
|
XL
254
DELISTED
XL Group Ltd.
XL
| $53.9M | 0.08% |
976,096
+455
| +0% | +$25.1K |
|
255
Kohl's
KSS
$1.69B
| $53.5M | 0.08% |
817,197
-36,460
| -4% | -$2.39M |
|
|
TWTR
256
DELISTED
Twitter, Inc.
TWTR
| $53.4M | 0.08% |
1,840,284
-201,196
| -10% | -$5.84M |
|
|
PARA
257
DELISTED
Paramount Global Class B
PARA
| $53.4M | 0.08% |
1,038,161
-8,453
| -0.8% | -$434K |
|
258
Keurig Dr Pepper
KDP
$39.5B
| $52.8M | 0.08% |
445,850
-97,278
| -18% | -$11.5M |
|
259
Agilent Technologies
A
$35.6B
| $52.7M | 0.08% |
787,911
+59,959
| +8% | +$4.01M |
|
260
Align Technology
ALGN
$10.3B
| $52.6M | 0.07% |
209,454
-31,688
| -13% | -$7.96M |
|
261
Equity Residential
EQR
$25.3B
| $52.1M | 0.07% |
845,732
-60,961
| -7% | -$3.76M |
|
262
Dollar Tree
DLTR
$23.2B
| $52M | 0.07% |
548,037
-5,963
| -1% | -$566K |
|
263
Gen Digital
GEN
$18.6B
| $51.7M | 0.07% |
1,999,447
-18,056
| -0.9% | -$467K |
|
|
WP
264
DELISTED
Worldpay, Inc.
WP
| $51.5M | 0.07% |
625,894
+275,453
| +79% | +$22.7M |
|
265
Comerica
CMA
$9.07B
| $51M | 0.07% |
531,733
+35,155
| +7% | +$3.37M |
|
266
United Airlines
UAL
$34B
| $50.9M | 0.07% |
732,694
+32,612
| +5% | +$2.27M |
|
|
COL
267
DELISTED
Rockwell Collins
COL
| $50.7M | 0.07% |
376,059
-43,038
| -10% | -$5.8M |
|
268
Cardinal Health
CAH
$35.5B
| $50.4M | 0.07% |
804,245
+3,571
| +0.4% | +$224K |
|
269
Royal Caribbean
RCL
$98.7B
| $50.2M | 0.07% |
426,258
+45,850
| +12% | +$5.4M |
|
270
Zimmer Biomet
ZBH
$21B
| $49.8M | 0.07% |
456,525
+22,965
| +5% | +$2.5M |
|
271
Omnicom Group
OMC
$15.2B
| $49.5M | 0.07% |
680,873
-34,926
| -5% | -$2.54M |
|
272
Boston Properties
BXP
$11.5B
| $49.2M | 0.07% |
399,072
+15,877
| +4% | +$1.96M |
|
273
Viatris
VTRS
$12.3B
| $49.1M | 0.07% |
1,191,649
+6,595
| +0.6% | +$272K |
|
274
Seagate
STX
$35.6B
| $48.8M | 0.07% |
833,856
-91,957
| -10% | -$5.38M |
|
275
Nucor
NUE
$34.1B
| $48.8M | 0.07% |
798,442
+77,044
| +11% | +$4.71M |
|