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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Willis Towers Watson
WTW
$32.1B
| $33.9M | 0.06% |
258,927
-10,300
| -4% | -$1.35M |
|
327
Labcorp
LH
$23B
| $33.7M | 0.06% |
273,701
-4,423
| -2% | -$545K |
|
328
Energy Transfer Partners
ET
$58.9B
| $33.5M | 0.05% |
1,697,600
-26,200
| -2% | -$517K |
|
329
Genuine Parts
GPC
$19.3B
| $33.4M | 0.05% |
361,056
-15,200
| -4% | -$1.4M |
|
330
Mettler-Toledo International
MTD
$27.1B
| $33.3M | 0.05% |
69,600
-2,700
| -4% | -$1.29M |
|
331
Microchip Technology
MCHP
$34.9B
| $33.3M | 0.05% |
902,920
-33,000
| -4% | -$1.22M |
|
332
Viatris
VTRS
$12.2B
| $33.3M | 0.05% |
854,156
-28,800
| -3% | -$1.12M |
|
333
Annaly Capital Management
NLY
$14.3B
| $33M | 0.05% |
742,701
+7,050
| +1% | +$313K |
|
|
CERN
334
DELISTED
Cerner Corp
CERN
| $33M | 0.05% |
560,400
-24,700
| -4% | -$1.45M |
|
335
J.M. Smucker
SJM
$11.8B
| $32.9M | 0.05% |
251,250
-5,400
| -2% | -$708K |
|
336
Dover
DOV
$24.4B
| $32.9M | 0.05% |
506,649
-27,855
| -5% | -$1.81M |
|
337
Voya Financial
VOYA
$7.3B
| $32.8M | 0.05% |
863,900
-17,500
| -2% | -$664K |
|
338
Alaska Air
ALK
$7.18B
| $32.8M | 0.05% |
355,192
-9,900
| -3% | -$913K |
|
339
Comerica
CMA
$8.88B
| $32.7M | 0.05% |
476,764
-12,500
| -3% | -$857K |
|
340
DaVita
DVA
$9.77B
| $32.7M | 0.05% |
480,600
-4,800
| -1% | -$326K |
|
341
Global Payments
GPN
$21.2B
| $32.4M | 0.05% |
401,626
-17,100
| -4% | -$1.38M |
|
|
LVLT
342
DELISTED
Level 3 Communications Inc
LVLT
| $32.4M | 0.05% |
566,100
-15,500
| -3% | -$887K |
|
343
Equifax
EFX
$31.2B
| $32.3M | 0.05% |
236,400
-9,500
| -4% | -$1.3M |
|
344
Motorola Solutions
MSI
$79.6B
| $32.2M | 0.05% |
373,057
-17,700
| -5% | -$1.53M |
|
345
Ally Financial
ALLY
$12.7B
| $32.1M | 0.05% |
1,578,700
-26,100
| -2% | -$531K |
|
346
Vulcan Materials
VMC
$38.6B
| $32.1M | 0.05% |
266,200
-22,700
| -8% | -$2.73M |
|
|
RHT
347
DELISTED
Red Hat Inc
RHT
| $31.8M | 0.05% |
367,500
-15,300
| -4% | -$1.32M |
|
348
Fortive
FTV
$16.2B
| $31.7M | 0.05% |
629,286
-19,598
| -3% | -$988K |
|
|
JNPR
349
DELISTED
Juniper Networks
JNPR
| $31.6M | 0.05% |
1,136,131
-45,000
| -4% | -$1.25M |
|
350
Trip.com Group
TCOM
$47.3B
| $31.6M | 0.05% |
642,700
+65,400
| +11% | +$3.21M |
|