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
|
$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
$26.8M |
| 4 |
Intel
INTC
|
$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$312M |
| 2 |
Amazon
AMZN
|
$153M |
| 3 |
Johnson & Johnson
JNJ
|
$75.8M |
| 4 |
Microsoft
MSFT
|
$69.7M |
| 5 |
Honeywell
HON
|
$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
INFO
326
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $40.2M | 0.06% |
833,132
-47,371
| -5% | -$2.29M |
|
327
Loews
L
$19.9B
| $40.1M | 0.06% |
807,218
+5,174
| +0.6% | +$257K |
|
328
Waters Corp
WAT
$18.4B
| $40.1M | 0.06% |
201,785
-11,846
| -6% | -$2.35M |
|
|
VIAB
329
DELISTED
Viacom Inc. Class B
VIAB
| $39.8M | 0.06% |
1,279,899
+12,189
| +1% | +$379K |
|
330
Hershey
HSY
$38B
| $39.7M | 0.06% |
401,268
-28,808
| -7% | -$2.85M |
|
331
Blackstone
BX
$135B
| $39.7M | 0.06% |
1,241,027
+68,071
| +6% | +$2.17M |
|
332
Textron
TXT
$14.7B
| $39.3M | 0.06% |
666,443
+34,771
| +6% | +$2.05M |
|
333
Williams Companies
WMB
$69.4B
| $39.2M | 0.06% |
1,577,311
-94,845
| -6% | -$2.36M |
|
334
MSCI
MSCI
$44.5B
| $39.2M | 0.06% |
262,207
-14,045
| -5% | -$2.1M |
|
335
MGM Resorts International
MGM
$9.85B
| $39.1M | 0.06% |
1,117,916
+81,438
| +8% | +$2.85M |
|
336
T-Mobile US
TMUS
$273B
| $39.1M | 0.06% |
641,072
+1,319
| +0.2% | +$80.5K |
|
337
Ally Financial
ALLY
$12.7B
| $39.1M | 0.06% |
1,440,448
-79,075
| -5% | -$2.15M |
|
|
AMTD
338
DELISTED
TD Ameritrade Holding Corp
AMTD
| $38.4M | 0.05% |
648,669
+85,357
| +15% | +$5.06M |
|
|
CTXS
339
DELISTED
Citrix Systems Inc
CTXS
| $38.4M | 0.05% |
413,566
+18,313
| +5% | +$1.7M |
|
340
Kellanova
K
$27.6B
| $38.3M | 0.05% |
627,507
-38,292
| -6% | -$2.34M |
|
341
Everest Group
EG
$14.2B
| $38.3M | 0.05% |
148,996
-2,277
| -2% | -$585K |
|
342
Host Hotels & Resorts
HST
$12B
| $37.8M | 0.05% |
2,029,892
+62,205
| +3% | +$1.16M |
|
343
Centene
CNC
$14.2B
| $37.8M | 0.05% |
707,092
-6,582
| -0.9% | -$352K |
|
344
Plains All American Pipeline
PAA
$12.1B
| $37.8M | 0.05% |
1,714,490
+88,043
| +5% | +$1.94M |
|
|
WRK
345
DELISTED
WestRock Company
WRK
| $37.8M | 0.05% |
588,573
+60,382
| +11% | +$3.87M |
|
346
Ametek
AME
$43.6B
| $37.7M | 0.05% |
496,264
-25,293
| -5% | -$1.92M |
|
347
Macy's
M
$4.57B
| $37.6M | 0.05% |
1,264,203
+54,469
| +5% | +$1.62M |
|
348
APA Corp
APA
$7.96B
| $37.6M | 0.05% |
976,451
-19,832
| -2% | -$763K |
|
349
Cencora
COR
$57.7B
| $37.5M | 0.05% |
434,560
-14,145
| -3% | -$1.22M |
|
350
American Water Works
AWK
$27.3B
| $37.3M | 0.05% |
454,337
-138,606
| -23% | -$11.4M |
|