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
|
$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$60.2M |
| 3 |
DXC Technology
DXC
|
$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$47.5M |
| 5 |
Amazon
AMZN
|
$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$170M |
| 2 |
Zoetis
ZTS
|
$75.8M |
| 3 |
Yum! Brands
YUM
|
$69M |
| 4 |
Wells Fargo
WFC
|
$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.86% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Willis Towers Watson
WTW
$32.1B
| $38.3M | 0.06% |
263,227
+4,300
| +2% | +$625K |
|
302
Ulta Beauty
ULTA
$23.1B
| $38.3M | 0.06% |
133,200
+300
| +0.2% | +$86.2K |
|
303
Travel + Leisure Co
TNL
$4.08B
| $38.2M | 0.06% |
843,545
+17,055
| +2% | +$773K |
|
304
Hershey
HSY
$37.6B
| $38.2M | 0.06% |
355,854
+1,700
| +0.5% | +$183K |
|
305
NOV
NOV
$4.95B
| $38.1M | 0.06% |
1,157,282
-37,200
| -3% | -$1.23M |
|
|
ANDV
306
DELISTED
Andeavor
ANDV
| $37.8M | 0.06% |
404,061
+97,309
| +32% | +$9.11M |
|
307
Celanese
CE
$5.34B
| $37.8M | 0.06% |
397,914
+11,200
| +3% | +$1.06M |
|
308
Digital Realty Trust
DLR
$55.7B
| $37.7M | 0.06% |
333,900
+4,500
| +1% | +$508K |
|
309
KLA
KLAC
$119B
| $37.6M | 0.06% |
411,138
+5,400
| +1% | +$494K |
|
310
Vornado Realty Trust
VNO
$7.93B
| $37.5M | 0.06% |
493,455
+7,793
| +2% | +$592K |
|
311
CenterPoint Energy
CNP
$24.7B
| $37.3M | 0.06% |
1,363,437
-32,900
| -2% | -$901K |
|
312
Dollar Tree
DLTR
$20.6B
| $37.3M | 0.06% |
532,780
+12,500
| +2% | +$874K |
|
313
Global Payments
GPN
$21.3B
| $37.1M | 0.06% |
411,026
+9,400
| +2% | +$849K |
|
|
RHT
314
DELISTED
Red Hat Inc
RHT
| $36.9M | 0.06% |
385,700
+18,200
| +5% | +$1.74M |
|
315
Cencora
COR
$56.7B
| $36.9M | 0.06% |
389,900
-44,400
| -10% | -$4.2M |
|
316
Annaly Capital Management
NLY
$14.2B
| $36.8M | 0.06% |
763,726
+21,025
| +3% | +$1.01M |
|
317
AutoZone
AZO
$70.6B
| $36.7M | 0.06% |
64,273
+700
| +1% | +$399K |
|
318
Trip.com Group
TCOM
$47.6B
| $36.6M | 0.06% |
679,200
+36,500
| +6% | +$1.97M |
|
319
Ameren
AEE
$27.2B
| $36.4M | 0.06% |
666,600
-10,200
| -2% | -$558K |
|
|
XL
320
DELISTED
XL Group Ltd.
XL
| $36.4M | 0.06% |
830,200
+43,100
| +5% | +$1.89M |
|
321
Comerica
CMA
$8.85B
| $36M | 0.06% |
491,164
+14,400
| +3% | +$1.05M |
|
322
Royal Caribbean
RCL
$95.7B
| $36M | 0.06% |
329,200
+19,700
| +6% | +$2.15M |
|
323
Waters Corp
WAT
$18.2B
| $35.9M | 0.06% |
195,100
+4,700
| +2% | +$864K |
|
324
Healthpeak Properties
DOC
$12.8B
| $35.8M | 0.06% |
1,120,560
+4,100
| +0.4% | +$131K |
|
325
Essex Property Trust
ESS
$17.3B
| $35.7M | 0.06% |
138,934
+8,300
| +6% | +$2.14M |
|