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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Ally Financial
ALLY
$12.7B
| $37.7M | 0.06% |
1,553,928
+50,928
| +3% | +$1.24M |
|
327
SBA Communications
SBAC
$20.6B
| $37.7M | 0.06% |
261,591
+23,491
| +10% | +$3.38M |
|
|
INFO
328
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $37.6M | 0.06% |
853,484
+41,919
| +5% | +$1.85M |
|
329
Waters Corp
WAT
$18.4B
| $37.3M | 0.06% |
207,968
+12,868
| +7% | +$2.31M |
|
330
Essex Property Trust
ESS
$17.1B
| $37.2M | 0.06% |
146,507
+7,573
| +5% | +$1.92M |
|
331
Loews
L
$19.9B
| $37.1M | 0.06% |
774,579
+32,299
| +4% | +$1.55M |
|
|
ETP
332
DELISTED
Energy Transfer Partners, L.P.
ETP
| $36.9M | 0.05% |
2,019,312
+48,781
| +2% | +$892K |
|
|
MMP
333
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $36.9M | 0.05% |
519,267
+19,167
| +4% | +$1.36M |
|
334
Labcorp
LH
$23B
| $36.6M | 0.05% |
282,395
+13,932
| +5% | +$1.81M |
|
335
NetEase
NTES
$91.2B
| $36.6M | 0.05% |
693,140
-100,860
| -13% | -$5.32M |
|
336
Henry Schein
HSIC
$8.21B
| $36.6M | 0.05% |
568,494
+31,145
| +6% | +$2M |
|
337
Host Hotels & Resorts
HST
$12B
| $36.5M | 0.05% |
1,976,615
+81,496
| +4% | +$1.51M |
|
338
Genuine Parts
GPC
$19.5B
| $36.3M | 0.05% |
379,480
+16,324
| +4% | +$1.56M |
|
339
CMS Energy
CMS
$21.2B
| $36M | 0.05% |
776,512
+75,265
| +11% | +$3.49M |
|
340
Kohl's
KSS
$1.86B
| $35.5M | 0.05% |
776,637
+29,143
| +4% | +$1.33M |
|
341
Viatris
VTRS
$12.2B
| $35.4M | 0.05% |
1,129,978
+45,822
| +4% | +$1.44M |
|
342
Invesco
IVZ
$9.81B
| $35.4M | 0.05% |
1,009,264
+58,403
| +6% | +$2.05M |
|
343
NetApp
NTAP
$24.2B
| $35.3M | 0.05% |
806,336
-36,980
| -4% | -$1.62M |
|
|
LLL
344
DELISTED
L3 Technologies, Inc.
LLL
| $34.8M | 0.05% |
184,514
+14,614
| +9% | +$2.75M |
|
345
Textron
TXT
$14.4B
| $34.7M | 0.05% |
644,553
+33,653
| +6% | +$1.81M |
|
346
Conagra Brands
CAG
$9.3B
| $34.7M | 0.05% |
1,028,239
+45,239
| +5% | +$1.53M |
|
|
XL
347
DELISTED
XL Group Ltd.
XL
| $34.4M | 0.05% |
872,761
+42,561
| +5% | +$1.68M |
|
348
Whirlpool
WHR
$5.34B
| $34.3M | 0.05% |
186,195
+10,084
| +6% | +$1.86M |
|
349
Vulcan Materials
VMC
$39.5B
| $34.2M | 0.05% |
286,075
+13,975
| +5% | +$1.67M |
|
350
NVR
NVR
$23.6B
| $33.9M | 0.05% |
11,864
+334
| +3% | +$954K |
|