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 |
Coty
COTY
|
$42M |
| 2 |
Yum China
YUMC
|
$22.3M |
| 3 |
Howmet Aerospace
HWM
|
$19M |
| 4 |
Adient
ADNT
|
$11.5M |
| 5 |
Lamb Weston
LW
|
$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Synchrony
SYF
|
$72.8M |
| 3 |
Microsoft
MSFT
|
$68.4M |
| 4 |
JPMorgan Chase
JPM
|
$63.7M |
| 5 |
Exxon Mobil
XOM
|
$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
The Mosaic Company
MOS
$10.4B
| $32.8M | 0.06% |
1,119,289
-55,400
| -5% | -$1.62M |
|
|
LVLT
327
DELISTED
Level 3 Communications Inc
LVLT
| $32.8M | 0.06% |
581,600
-56,610
| -9% | -$3.19M |
|
328
Henry Schein
HSIC
$8.22B
| $32.7M | 0.05% |
549,844
-67,575
| -11% | -$4.02M |
|
329
Alaska Air
ALK
$7.24B
| $32.4M | 0.05% |
365,092
-29,400
| -7% | -$2.61M |
|
330
Motorola Solutions
MSI
$79.7B
| $32.4M | 0.05% |
390,757
-28,000
| -7% | -$2.32M |
|
331
Dover
DOV
$24.5B
| $32.4M | 0.05% |
534,504
-30,455
| -5% | -$1.84M |
|
|
LLL
332
DELISTED
L3 Technologies, Inc.
LLL
| $32.2M | 0.05% |
211,824
-14,600
| -6% | -$2.22M |
|
333
Western Union
WU
$2.82B
| $32.2M | 0.05% |
1,482,857
-88,600
| -6% | -$1.92M |
|
334
Ulta Beauty
ULTA
$23.7B
| $32.2M | 0.05% |
126,200
-23,124
| -15% | -$5.9M |
|
335
Whirlpool
WHR
$5.14B
| $32M | 0.05% |
176,011
-11,800
| -6% | -$2.14M |
|
|
LLTC
336
DELISTED
Linear Technology Corp
LLTC
| $32M | 0.05% |
512,600
-34,900
| -6% | -$2.18M |
|
337
Agilent Technologies
A
$36.4B
| $31.7M | 0.05% |
696,600
-86,700
| -11% | -$3.95M |
|
338
KLA
KLAC
$115B
| $31.7M | 0.05% |
402,438
-23,400
| -5% | -$1.84M |
|
339
Essex Property Trust
ESS
$17B
| $31.5M | 0.05% |
135,634
-6,300
| -4% | -$1.46M |
|
340
Realty Income
O
$53.3B
| $31.4M | 0.05% |
563,615
-14,552
| -3% | -$811K |
|
|
MJN
341
DELISTED
Mead Johnson Nutrition Company
MJN
| $31.4M | 0.05% |
443,400
-28,900
| -6% | -$2.04M |
|
342
DaVita
DVA
$9.69B
| $31.2M | 0.05% |
485,400
+3,000
| +0.6% | +$193K |
|
343
T-Mobile US
TMUS
$284B
| $31.1M | 0.05% |
540,400
-53,900
| -9% | -$3.1M |
|
|
GGP
344
DELISTED
GGP Inc.
GGP
| $31M | 0.05% |
1,242,462
-46,373
| -4% | -$1.16M |
|
345
NetApp
NTAP
$23.7B
| $31M | 0.05% |
877,516
-9,400
| -1% | -$332K |
|
346
Celanese
CE
$5.08B
| $30.9M | 0.05% |
392,914
-1,100
| -0.3% | -$86.6K |
|
347
Labcorp
LH
$22.9B
| $30.7M | 0.05% |
278,124
-24,514
| -8% | -$2.7M |
|
348
Cincinnati Financial
CINF
$24.3B
| $30.6M | 0.05% |
404,172
-27,400
| -6% | -$2.08M |
|
349
Ally Financial
ALLY
$12.8B
| $30.5M | 0.05% |
1,604,800
-1,500
| -0.1% | -$28.5K |
|
350
Check Point Software Technologies
CHKP
$20.5B
| $30.4M | 0.05% |
359,700
-20,900
| -5% | -$1.77M |
|