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 | |
|---|---|---|---|---|---|---|
|
INFO
326
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $35.7M | 0.06% |
811,565
+145,100
| +22% | +$6.39M |
|
327
Blackstone
BX
$133B
| $35.7M | 0.06% |
1,071,400
+25,200
| +2% | +$840K |
|
|
MMP
328
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $35.6M | 0.06% |
500,100
-11,000
| -2% | -$784K |
|
329
Labcorp
LH
$23.2B
| $35.6M | 0.06% |
268,463
-5,238
| -2% | -$694K |
|
330
Microchip Technology
MCHP
$35.6B
| $35.4M | 0.06% |
918,120
+15,200
| +2% | +$587K |
|
|
CXO
331
DELISTED
CONCHO RESOURCES INC.
CXO
| $35.4M | 0.06% |
291,100
+2,900
| +1% | +$352K |
|
332
Unum
UNM
$12.6B
| $35.3M | 0.06% |
757,486
-5,000
| -0.7% | -$233K |
|
|
VIAB
333
DELISTED
Viacom Inc. Class B
VIAB
| $35.2M | 0.06% |
1,049,918
+6,000
| +0.6% | +$201K |
|
334
Seagate
STX
$40B
| $35.2M | 0.06% |
909,500
-64,600
| -7% | -$2.5M |
|
335
Conagra Brands
CAG
$9.23B
| $35.2M | 0.06% |
983,000
-41,700
| -4% | -$1.49M |
|
|
WFM
336
DELISTED
Whole Foods Market Inc
WFM
| $35M | 0.06% |
830,500
+22,000
| +3% | +$926K |
|
337
Devon Energy
DVN
$22.1B
| $35M | 0.06% |
1,093,771
-65,600
| -6% | -$2.1M |
|
338
Loews
L
$20B
| $34.7M | 0.06% |
742,280
+2,700
| +0.4% | +$126K |
|
339
Host Hotels & Resorts
HST
$12B
| $34.6M | 0.06% |
1,895,119
+44,700
| +2% | +$817K |
|
340
T-Mobile US
TMUS
$284B
| $34.6M | 0.06% |
570,900
+15,900
| +3% | +$964K |
|
|
LVLT
341
DELISTED
Level 3 Communications Inc
LVLT
| $34.5M | 0.06% |
582,300
+16,200
| +3% | +$961K |
|
342
Vulcan Materials
VMC
$39B
| $34.5M | 0.06% |
272,100
+5,900
| +2% | +$747K |
|
|
FRC
343
DELISTED
First Republic Bank
FRC
| $34.4M | 0.06% |
343,600
+7,200
| +2% | +$721K |
|
|
AABA
344
DELISTED
Altaba Inc. Common Stock
AABA
| $34.4M | 0.06% |
+631,000
| New | +$34.4M |
|
345
Fortive
FTV
$16.2B
| $34M | 0.05% |
640,997
+11,711
| +2% | +$621K |
|
346
Equifax
EFX
$30.8B
| $33.9M | 0.05% |
246,600
+10,200
| +4% | +$1.4M |
|
347
Everest Group
EG
$14.3B
| $33.8M | 0.05% |
132,746
+2,900
| +2% | +$738K |
|
348
NetApp
NTAP
$23.7B
| $33.8M | 0.05% |
843,316
-5,700
| -0.7% | -$228K |
|
349
Whirlpool
WHR
$5.28B
| $33.7M | 0.05% |
176,111
+4,300
| +3% | +$824K |
|
350
Genuine Parts
GPC
$19.4B
| $33.7M | 0.05% |
363,156
+2,100
| +0.6% | +$195K |
|