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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
Netflix
NFLX
|
$87.2M |
| 5 |
AT&T
T
|
$53.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
Apple
AAPL
|
$56.2M |
| 5 |
Danaher
DHR
|
$50.5M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Zimmer Biomet
ZBH
$20.8B
| $42.1M | 0.07% |
448,506
-13,700
| -3% | -$1.29M |
|
277
Regions Financial
RF
$24B
| $42.1M | 0.07% |
4,673,925
+472,800
| +11% | +$4.26M |
|
|
ETP
278
DELISTED
Energy Transfer Partners L.p.
ETP
| $41.8M | 0.07% |
1,017,734
-52,207
| -5% | -$2.14M |
|
279
Entergy
ETR
$39B
| $41.8M | 0.07% |
641,836
-17,100
| -3% | -$1.11M |
|
280
Marriott International Class A Common Stock
MAR
$71.8B
| $41.7M | 0.07% |
611,658
-55,200
| -8% | -$3.76M |
|
281
Gen Digital
GEN
$18.2B
| $41.7M | 0.07% |
2,142,481
| – | – |
|
282
Advance Auto Parts
AAP
$3.57B
| $41.6M | 0.07% |
219,283
-2,200
| -1% | -$417K |
|
283
Eversource Energy
ES
$23.6B
| $41.5M | 0.07% |
819,300
-23,600
| -3% | -$1.19M |
|
284
DaVita
DVA
$9.79B
| $41.4M | 0.07% |
572,100
-11,100
| -2% | -$803K |
|
285
Royal Caribbean
RCL
$96.2B
| $41.2M | 0.07% |
462,900
-2,000
| -0.4% | -$178K |
|
286
Stanley Black & Decker
SWK
$11.1B
| $41.2M | 0.07% |
424,984
-10,100
| -2% | -$979K |
|
287
Viatris
VTRS
$12.3B
| $41.1M | 0.07% |
1,020,053
-33,200
| -3% | -$1.34M |
|
|
BCR
288
DELISTED
CR Bard Inc.
BCR
| $40.2M | 0.07% |
215,573
-8,100
| -4% | -$1.51M |
|
289
M&T Bank
MTB
$31.1B
| $39.9M | 0.07% |
327,380
-8,900
| -3% | -$1.09M |
|
|
CAM
290
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $39.8M | 0.07% |
648,392
-9,700
| -1% | -$595K |
|
291
Parker-Hannifin
PH
$95B
| $39.1M | 0.07% |
401,824
-12,200
| -3% | -$1.19M |
|
|
CMCSK
292
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $39.1M | 0.07% |
682,700
+382,458
| +127% | +$21.9M |
|
|
ALTR
293
DELISTED
ALTERA CORP
ALTR
| $39M | 0.07% |
779,100
-4,800
| -0.6% | -$240K |
|
|
XL
294
DELISTED
XL Group Ltd.
XL
| $38.9M | 0.07% |
1,072,200
-27,929
| -3% | -$1.01M |
|
|
GGP
295
DELISTED
GGP Inc.
GGP
| $38.9M | 0.07% |
1,497,935
+3,300
| +0.2% | +$85.7K |
|
296
Bread Financial
BFH
$3.05B
| $38.9M | 0.07% |
150,193
-4,936
| -3% | -$1.28M |
|
297
NetEase
NTES
$85.9B
| $38.9M | 0.07% |
323,755
-9,100
| -3% | -$1.09M |
|
298
Alaska Air
ALK
$7.22B
| $38.9M | 0.07% |
489,292
-22,500
| -4% | -$1.79M |
|
|
NLSN
299
DELISTED
Nielsen Holdings plc
NLSN
| $38.8M | 0.07% |
872,900
-300
| -0% | -$13.3K |
|
300
Equinix
EQIX
$75.5B
| $38.8M | 0.07% |
141,977
+200
| +0.1% | +$54.7K |
|