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 | |
|---|---|---|---|---|---|---|
276
Prologis
PLD
$105B
| $49.2M | 0.07% |
1,194,477
+104,652
| +10% | +$4.31M |
|
277
Xerox
XRX
$493M
| $48.7M | 0.07% |
1,608,835
-262,690
| -14% | -$7.95M |
|
278
Estee Lauder
EL
$32.1B
| $48.7M | 0.07% |
699,842
+61,229
| +10% | +$4.26M |
|
279
Capri Holdings
CPRI
$2.53B
| $48.6M | 0.07% |
546,526
+42,550
| +8% | +$3.79M |
|
280
Bath & Body Works
BBWI
$6.06B
| $48.2M | 0.07% |
1,030,094
+191,240
| +23% | +$8.95M |
|
281
DTE Energy
DTE
$28.4B
| $48.2M | 0.07% |
753,194
-62,510
| -8% | -$4M |
|
282
Kohl's
KSS
$1.86B
| $48.1M | 0.07% |
849,886
-159,196
| -16% | -$9.02M |
|
|
SPLS
283
DELISTED
Staples Inc
SPLS
| $48M | 0.07% |
3,925,791
+72,225
| +2% | +$883K |
|
284
EQT Corp
EQT
$32.2B
| $48M | 0.07% |
856,716
+94,098
| +12% | +$5.27M |
|
285
Trane Technologies
TT
$92.1B
| $47.9M | 0.07% |
869,953
+33,300
| +4% | +$1.83M |
|
286
Amphenol
APH
$135B
| $47.8M | 0.07% |
4,171,112
+76,800
| +2% | +$880K |
|
287
Constellation Brands
STZ
$26.2B
| $47.4M | 0.07% |
581,536
+28,707
| +5% | +$2.34M |
|
|
MJN
288
DELISTED
Mead Johnson Nutrition Company
MJN
| $47.2M | 0.07% |
561,790
+36,093
| +7% | +$3.03M |
|
289
AvalonBay Communities
AVB
$27.8B
| $47.1M | 0.07% |
351,735
+12,641
| +4% | +$1.69M |
|
290
Vertex Pharmaceuticals
VRTX
$102B
| $47M | 0.07% |
719,690
+67,900
| +10% | +$4.44M |
|
|
SWN
291
DELISTED
Southwestern Energy Company
SWN
| $46.9M | 0.07% |
1,000,181
+87,471
| +10% | +$4.1M |
|
292
Xcel Energy
XEL
$43B
| $46.8M | 0.07% |
1,514,995
+35,000
| +2% | +$1.08M |
|
|
GAP
293
The Gap, Inc.
GAP
$8.83B
| $46.4M | 0.07% |
1,139,725
-61,310
| -5% | -$2.5M |
|
294
The Mosaic Company
MOS
$10.3B
| $46.3M | 0.07% |
958,389
+134,600
| +16% | +$6.5M |
|
295
Rockwell Automation
ROK
$38.2B
| $46.2M | 0.07% |
375,747
-26,377
| -7% | -$3.24M |
|
296
Nucor
NUE
$33.8B
| $46.1M | 0.07% |
893,692
+11,000
| +1% | +$567K |
|
297
Cencora
COR
$56.7B
| $46.1M | 0.07% |
717,992
+1,800
| +0.3% | +$116K |
|
298
Consolidated Edison
ED
$35.4B
| $46.1M | 0.07% |
829,246
-56,520
| -6% | -$3.14M |
|
|
299
Perrigo
PRGO
$3.12B
| $46M | 0.07% |
+310,076
| New | +$46M |
|
300
Interpublic Group of Companies
IPG
$9.94B
| $45.7M | 0.07% |
2,771,449
-31,075
| -1% | -$512K |
|