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 |
AT&T
T
|
$53.9M |
| 5 |
Alibaba
BABA
|
$49.9M |
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 |
eBay
EBAY
|
$105M |
| 5 |
Apple
AAPL
|
$56.2M |
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 | |
|---|---|---|---|---|---|---|
326
KeyCorp
KEY
$21B
| $34.7M | 0.06% |
2,669,444
-26,300
| -1% | -$342K |
|
|
RHT
327
DELISTED
Red Hat Inc
RHT
| $34.7M | 0.06% |
482,900
+4,000
| +0.8% | +$288K |
|
328
Universal Health Services
UHS
$11.8B
| $34.6M | 0.06% |
277,588
-6,900
| -2% | -$861K |
|
329
Rockwell Automation
ROK
$38.4B
| $34.6M | 0.06% |
341,300
-11,400
| -3% | -$1.16M |
|
|
ANDV
330
DELISTED
Andeavor
ANDV
| $34.5M | 0.06% |
354,552
-18,400
| -5% | -$1.79M |
|
331
Weyerhaeuser
WY
$18.4B
| $34.4M | 0.06% |
1,257,658
-107,918
| -8% | -$2.95M |
|
332
Invesco
IVZ
$9.79B
| $34.2M | 0.06% |
1,094,461
-60,800
| -5% | -$1.9M |
|
|
WRK
333
DELISTED
WestRock Company
WRK
| $34.1M | 0.06% |
+736,558
| New | +$34.1M |
|
|
ENDP
334
DELISTED
Endo International plc
ENDP
| $34.1M | 0.06% |
492,200
+98,877
| +25% | +$6.85M |
|
335
Check Point Software Technologies
CHKP
$20.5B
| $34.1M | 0.06% |
429,600
-2,700
| -0.6% | -$214K |
|
|
QVCGA
336
QVC Group, Inc. Series A Common Stock
QVCGA
$79.4M
| $33.9M | 0.06% |
26,615
-546
| -2% | -$695K |
|
337
Vulcan Materials
VMC
$38.6B
| $33.9M | 0.06% |
379,700
-900
| -0.2% | -$80.3K |
|
|
MJN
338
DELISTED
Mead Johnson Nutrition Company
MJN
| $33.8M | 0.06% |
480,406
-16,600
| -3% | -$1.17M |
|
339
SBA Communications
SBAC
$21B
| $33.8M | 0.06% |
322,645
-5,400
| -2% | -$566K |
|
|
MRO
340
DELISTED
Marathon Oil Corporation
MRO
| $33.4M | 0.06% |
2,168,935
+96,100
| +5% | +$1.48M |
|
341
Expedia Group
EXPE
$26.8B
| $33.2M | 0.06% |
281,814
-10,300
| -4% | -$1.21M |
|
|
PRE
342
DELISTED
PARTNERRE LTD
PRE
| $33.1M | 0.06% |
238,595
-9,900
| -4% | -$1.37M |
|
|
COL
343
DELISTED
Rockwell Collins
COL
| $33.1M | 0.06% |
404,378
-13,600
| -3% | -$1.11M |
|
344
Labcorp
LH
$22.9B
| $33.1M | 0.06% |
354,785
-8,314
| -2% | -$775K |
|
345
CarMax
KMX
$9.15B
| $33.1M | 0.06% |
557,200
-26,800
| -5% | -$1.59M |
|
346
Brown-Forman Class B
BF.B
$13.3B
| $32.9M | 0.06% |
1,060,569
+12,813
| +1% | +$397K |
|
|
BBBY
347
DELISTED
Bed Bath & Beyond Inc
BBBY
| $32.7M | 0.06% |
573,607
-36,500
| -6% | -$2.08M |
|
348
Ameren
AEE
$27.3B
| $32.7M | 0.06% |
773,300
+43,900
| +6% | +$1.86M |
|
|
TFCF
349
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $32.7M | 0.06% |
1,207,300
-67,300
| -5% | -$1.82M |
|
350
Foot Locker
FL
$2.3B
| $32.5M | 0.06% |
451,364
-5,400
| -1% | -$389K |
|