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 |
AGN
Allergan plc
AGN
|
$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$25.2M |
| 5 |
Alibaba
BABA
|
$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
$73.6M |
| 3 |
Exxon Mobil
XOM
|
$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
$38.7M |
| 5 |
Apple
AAPL
|
$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.65% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CHK
276
DELISTED
Chesapeake Energy Corporation
CHK
| $51.2M | 0.07% |
11,131
-254
| -2% | -$1.17M |
|
277
Progressive
PGR
$143B
| $50.8M | 0.07% |
2,010,009
-92,200
| -4% | -$2.33M |
|
278
Bread Financial
BFH
$3.09B
| $50.4M | 0.07% |
254,603
-2,992
| -1% | -$593K |
|
|
CAM
279
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $50.2M | 0.07% |
756,362
-1,090
| -0.1% | -$72.4K |
|
280
Consolidated Edison
ED
$35.4B
| $50.1M | 0.07% |
884,346
+38,100
| +5% | +$2.16M |
|
281
Constellation Brands
STZ
$26.2B
| $50.1M | 0.07% |
574,785
+18,896
| +3% | +$1.65M |
|
|
MMP
282
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $50M | 0.07% |
594,298
+900
| +0.2% | +$75.8K |
|
283
Harley-Davidson
HOG
$3.67B
| $49.9M | 0.07% |
857,483
+20,100
| +2% | +$1.17M |
|
284
W.W. Grainger
GWW
$47.5B
| $49.7M | 0.07% |
197,369
-803
| -0.4% | -$202K |
|
285
Plains All American Pipeline
PAA
$12.1B
| $49.6M | 0.07% |
842,117
+2,000
| +0.2% | +$118K |
|
|
SPLS
286
DELISTED
Staples Inc
SPLS
| $49.5M | 0.07% |
4,094,091
+99,500
| +2% | +$1.2M |
|
|
CERN
287
DELISTED
Cerner Corp
CERN
| $49.4M | 0.07% |
829,896
+3,600
| +0.4% | +$214K |
|
288
Weyerhaeuser
WY
$18.9B
| $49.1M | 0.07% |
1,542,448
-407,722
| -21% | -$13M |
|
289
Avnet
AVT
$4.49B
| $49.1M | 0.07% |
1,183,912
+7,600
| +0.6% | +$315K |
|
|
GAP
290
The Gap, Inc.
GAP
$8.83B
| $48.8M | 0.07% |
1,170,825
+25,600
| +2% | +$1.07M |
|
|
MJN
291
DELISTED
Mead Johnson Nutrition Company
MJN
| $48.7M | 0.07% |
506,610
-62,900
| -11% | -$6.05M |
|
292
Healthpeak Properties
DOC
$12.8B
| $48.7M | 0.07% |
1,345,884
-34,642
| -3% | -$1.25M |
|
293
Motorola Solutions
MSI
$79.8B
| $48.5M | 0.07% |
766,373
+4,500
| +0.6% | +$285K |
|
|
TFCF
294
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $48.4M | 0.07% |
1,451,839
+158,039
| +12% | +$5.26M |
|
295
Kohl's
KSS
$1.86B
| $48.3M | 0.07% |
791,754
+68,940
| +10% | +$4.21M |
|
296
Best Buy
BBY
$16.1B
| $48.2M | 0.07% |
1,434,332
+379,930
| +36% | +$12.8M |
|
|
PRE
297
DELISTED
PARTNERRE LTD
PRE
| $48.1M | 0.07% |
438,070
-6,100
| -1% | -$670K |
|
298
Fiserv
FI
$73.4B
| $47.9M | 0.07% |
1,481,168
-79,200
| -5% | -$2.56M |
|
299
Lincoln National
LNC
$7.98B
| $47.8M | 0.07% |
893,040
-18,000
| -2% | -$964K |
|
300
AvalonBay Communities
AVB
$27.8B
| $47.7M | 0.07% |
338,596
-9,900
| -3% | -$1.4M |
|