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 | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LLL
326
DELISTED
L3 Technologies, Inc.
LLL
| $42.9M | 0.06% |
373,624
-17,006
| -4% | -$1.95M |
|
327
Hershey
HSY
$38B
| $42.8M | 0.06% |
420,766
-1,422
| -0.3% | -$145K |
|
|
MBT
328
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $42.8M | 0.06% |
2,546,909
+50,100
| +2% | +$841K |
|
329
Genuine Parts
GPC
$19.5B
| $42.8M | 0.06% |
496,164
+23,512
| +5% | +$2.03M |
|
330
Ryanair
RYAAY
$31.7B
| $42.4M | 0.06% |
1,820,464
+156,488
| +9% | +$3.65M |
|
|
JNPR
331
DELISTED
Juniper Networks
JNPR
| $42.3M | 0.06% |
1,674,825
+40,874
| +3% | +$1.03M |
|
332
Keurig Dr Pepper
KDP
$37.5B
| $42.2M | 0.06% |
816,894
+108,651
| +15% | +$5.61M |
|
|
BCR
333
DELISTED
CR Bard Inc.
BCR
| $41.9M | 0.06% |
295,912
+65,839
| +29% | +$9.33M |
|
|
LM
334
DELISTED
Legg Mason, Inc.
LM
| $41.5M | 0.06% |
910,240
-100,700
| -10% | -$4.59M |
|
|
SPN
335
DELISTED
Superior Energy Services, Inc.
SPN
| $41.4M | 0.06% |
1,362,150
-50,150
| -4% | -$1.53M |
|
|
TFCF
336
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $41.4M | 0.06% |
1,309,100
+24,700
| +2% | +$782K |
|
|
QVCGA
337
QVC Group, Inc. Series A Common Stock
QVCGA
$79M
| $41.4M | 0.06% |
35,193
-4,463
| -11% | -$5.25M |
|
338
Roper Technologies
ROP
$56.3B
| $41.1M | 0.06% |
308,327
+9,200
| +3% | +$1.23M |
|
|
DISH
339
DELISTED
DISH Network Corp.
DISH
| $41M | 0.06% |
687,469
+15,240
| +2% | +$909K |
|
340
Loews
L
$19.9B
| $41M | 0.06% |
920,680
-125,200
| -12% | -$5.57M |
|
341
Host Hotels & Resorts
HST
$12B
| $40.9M | 0.06% |
1,975,617
-146,938
| -7% | -$3.04M |
|
342
SPDR S&P 500 ETF Trust
SPY
$661B
| $40.9M | 0.06% |
221,035
| – | – |
|
343
Zimmer Biomet
ZBH
$20.7B
| $40.6M | 0.06% |
445,172
-94,173
| -17% | -$8.58M |
|
344
NetEase
NTES
$85B
| $40.5M | 0.06% |
3,013,430
+244,000
| +9% | +$3.28M |
|
345
Henry Schein
HSIC
$8.21B
| $40.3M | 0.06% |
892,054
+230,520
| +35% | +$10.4M |
|
346
Eversource Energy
ES
$23.3B
| $40.3M | 0.06% |
885,586
+5,900
| +0.7% | +$269K |
|
|
BBBY
347
DELISTED
Bed Bath & Beyond Inc
BBBY
| $40.2M | 0.06% |
593,607
-139,003
| -19% | -$9.42M |
|
348
Whirlpool
WHR
$5.34B
| $40.1M | 0.06% |
271,000
+29,227
| +12% | +$4.32M |
|
349
Coterra Energy
CTRA
$18.2B
| $40.1M | 0.06% |
1,159,877
-29,125
| -2% | -$1.01M |
|
350
Comerica
CMA
$8.83B
| $39.8M | 0.06% |
789,954
+27,400
| +4% | +$1.38M |
|