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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Affiliated Managers Group
AMG
$6.53B
| $37.9M | 0.06% |
176,636
+38,536
| +28% | +$8.28M |
|
352
Ralph Lauren
RL
$18.8B
| $37.7M | 0.05% |
214,099
+55,004
| +35% | +$9.68M |
|
353
Tyson Foods
TSN
$20.1B
| $37.6M | 0.05% |
1,128,916
+316,670
| +39% | +$10.5M |
|
354
Republic Services
RSG
$72.8B
| $37.5M | 0.05% |
1,114,813
+209,336
| +23% | +$7.05M |
|
355
EQT Corp
EQT
$32.7B
| $37.5M | 0.05% |
415,143
+42,090
| +11% | +$3.8M |
|
356
Eversource Energy
ES
$23.6B
| $37.2M | 0.05% |
879,686
+61,820
| +8% | +$2.61M |
|
357
United Airlines
UAL
$33.9B
| $37.1M | 0.05% |
975,482
+191,407
| +24% | +$7.29M |
|
358
Clorox
CLX
$14.7B
| $37.1M | 0.05% |
400,216
+65,756
| +20% | +$6.09M |
|
359
Autodesk
ADSK
$68.3B
| $37M | 0.05% |
748,831
+173,241
| +30% | +$8.56M |
|
360
GameStop
GME
$10.5B
| $36.7M | 0.05% |
728,139
+226,886
| +45% | +$11.4M |
|
|
RHT
361
DELISTED
Red Hat Inc
RHT
| $36.6M | 0.05% |
655,407
+203,607
| +45% | +$11.4M |
|
362
Liberty Global Class C
LBTYK
$4.02B
| $36.6M | 0.05% |
442,274
+21,105
| +5% | +$1.75M |
|
363
M&T Bank
MTB
$31.1B
| $36.6M | 0.05% |
315,680
+3,188
| +1% | +$370K |
|
|
MMP
364
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $36.5M | 0.05% |
596,698
+18,100
| +3% | +$1.11M |
|
365
Oceaneering
OII
$2.44B
| $36.5M | 0.05% |
465,370
+165,356
| +55% | +$13M |
|
366
CenterPoint Energy
CNP
$24.8B
| $36.4M | 0.05% |
1,579,637
+168,489
| +12% | +$3.89M |
|
367
Comerica
CMA
$9.01B
| $36.2M | 0.05% |
762,554
+212,474
| +39% | +$10.1M |
|
|
SWN
368
DELISTED
Southwestern Energy Company
SWN
| $36.2M | 0.05% |
912,710
+51,328
| +6% | +$2.04M |
|
|
SPN
369
DELISTED
Superior Energy Services, Inc.
SPN
| $36.1M | 0.05% |
1,412,300
+908,115
| +180% | +$23.2M |
|
370
Welltower
WELL
$112B
| $36M | 0.05% |
679,044
+14,470
| +2% | +$768K |
|
371
KLA
KLAC
$112B
| $35.9M | 0.05% |
560,279
+149,026
| +36% | +$9.56M |
|
|
JNPR
372
DELISTED
Juniper Networks
JNPR
| $35.8M | 0.05% |
1,633,951
+105,876
| +7% | +$2.32M |
|
373
Unum
UNM
$11.9B
| $35.5M | 0.05% |
1,010,086
+3,846
| +0.4% | +$135K |
|
374
NiSource
NI
$19.8B
| $35.5M | 0.05% |
1,093,622
+181,027
| +20% | +$5.88M |
|
375
Tesla
TSLA
$1.06T
| $35.5M | 0.05% |
228,225
+63,425
| +38% | +$9.86M |
|