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 |
Alphabet (Google) Class A
GOOGL
|
$394M |
| 2 |
Amazon
AMZN
|
$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
$99.1M |
| 4 |
Unilever
UL
|
$79.5M |
| 5 |
Alibaba
BABA
|
$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
$61.1M |
| 3 |
Apple
AAPL
|
$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.75% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XLNX
326
DELISTED
Xilinx Inc
XLNX
| $42.6M | 0.06% |
631,394
+5,990
| +1% | +$404K |
|
327
Kellanova
K
$27.8B
| $42.5M | 0.06% |
665,799
+21,758
| +3% | +$1.39M |
|
328
L3Harris
LHX
$51B
| $42.2M | 0.06% |
298,031
+9,989
| +3% | +$1.41M |
|
329
APA Corp
APA
$8.14B
| $42.1M | 0.06% |
996,283
-21,495
| -2% | -$908K |
|
330
Voya Financial
VOYA
$7.38B
| $41.8M | 0.06% |
844,751
+68,491
| +9% | +$3.39M |
|
331
Skyworks Solutions
SWKS
$11.2B
| $41.4M | 0.06% |
435,741
+14,002
| +3% | +$1.33M |
|
332
Waters Corp
WAT
$18.2B
| $41.3M | 0.06% |
213,631
+5,663
| +3% | +$1.09M |
|
333
Cencora
COR
$56.7B
| $41.2M | 0.06% |
448,705
+49,047
| +12% | +$4.5M |
|
334
Lear
LEA
$5.91B
| $41.2M | 0.06% |
233,065
+11,467
| +5% | +$2.03M |
|
335
Bath & Body Works
BBWI
$6.06B
| $41M | 0.06% |
841,332
+116,894
| +16% | +$5.69M |
|
336
Conagra Brands
CAG
$9.23B
| $40.8M | 0.06% |
1,083,607
+55,368
| +5% | +$2.09M |
|
337
CenterPoint Energy
CNP
$24.7B
| $40.8M | 0.06% |
1,437,886
+23,227
| +2% | +$659K |
|
338
T-Mobile US
TMUS
$284B
| $40.6M | 0.05% |
639,753
+18,542
| +3% | +$1.18M |
|
339
Loews
L
$20B
| $40.1M | 0.05% |
802,044
+27,465
| +4% | +$1.37M |
|
|
INFO
340
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $39.8M | 0.05% |
880,503
+27,019
| +3% | +$1.22M |
|
341
Labcorp
LH
$23.2B
| $39.5M | 0.05% |
288,496
+6,101
| +2% | +$836K |
|
342
Mohawk Industries
MHK
$8.65B
| $39.1M | 0.05% |
141,650
+11,347
| +9% | +$3.13M |
|
343
Host Hotels & Resorts
HST
$12B
| $39.1M | 0.05% |
1,967,687
-8,928
| -0.5% | -$177K |
|
|
VIAB
344
DELISTED
Viacom Inc. Class B
VIAB
| $39.1M | 0.05% |
1,267,710
+155,736
| +14% | +$4.8M |
|
345
CMS Energy
CMS
$21.4B
| $39M | 0.05% |
824,104
+47,592
| +6% | +$2.25M |
|
346
Seagate
STX
$40B
| $38.7M | 0.05% |
925,813
+23,025
| +3% | +$963K |
|
347
Genuine Parts
GPC
$19.4B
| $38.7M | 0.05% |
407,609
+28,129
| +7% | +$2.67M |
|
348
Vulcan Materials
VMC
$39B
| $37.9M | 0.05% |
295,134
+9,059
| +3% | +$1.16M |
|
349
HF Sinclair
DINO
$9.56B
| $37.8M | 0.05% |
738,385
+1,650
| +0.2% | +$84.5K |
|
350
Ametek
AME
$43.3B
| $37.8M | 0.05% |
521,557
+20,076
| +4% | +$1.45M |
|