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 |
Apollo Global Management
APO
|
$635M |
| 2 |
Verizon
VZ
|
$198M |
| 3 |
EOG Resources
EOG
|
$105M |
| 4 |
Perrigo
PRGO
|
$46M |
| 5 |
Meta Platforms (Facebook)
META
|
$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
$35.3M |
| 3 |
Vodafone
VOD
|
$31.5M |
| 4 |
Voya Financial
VOYA
|
$30.5M |
| 5 |
Walmart
WMT
|
$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
BorgWarner
BWA
$9.61B
| $39.8M | 0.06% |
746,554
+37,767
| +5% | +$2.01M |
|
352
M&T Bank
MTB
$31.1B
| $39.7M | 0.06% |
328,380
+12,700
| +4% | +$1.54M |
|
353
Blackstone
BX
$135B
| $39.4M | 0.06% |
1,319,707
+197,075
| +18% | +$5.88M |
|
354
Vale
VALE
$44.6B
| $39.4M | 0.06% |
2,614,097
+551,000
| +27% | +$8.3M |
|
|
XL
355
DELISTED
XL Group Ltd.
XL
| $39.3M | 0.06% |
1,267,947
-77,600
| -6% | -$2.41M |
|
356
Principal Financial Group
PFG
$17.8B
| $38.9M | 0.06% |
859,067
-60,233
| -7% | -$2.73M |
|
357
Tapestry
TPR
$21.8B
| $38.8M | 0.06% |
789,389
-41,750
| -5% | -$2.05M |
|
|
SWY
358
DELISTED
SAFEWAY INC
SWY
| $38.7M | 0.06% |
1,139,895
-331,298
| -23% | -$11.3M |
|
|
VMW
359
DELISTED
VMware, Inc
VMW
| $38.6M | 0.06% |
358,600
+23,960
| +7% | +$2.58M |
|
|
CTXS
360
DELISTED
Citrix Systems Inc
CTXS
| $38.6M | 0.06% |
859,491
+71,576
| +9% | +$3.21M |
|
361
Ametek
AME
$43.6B
| $38.6M | 0.06% |
761,950
+14,400
| +2% | +$729K |
|
362
American Airlines Group
AAL
$8.54B
| $38.6M | 0.06% |
1,071,482
+83,582
| +8% | +$3.01M |
|
363
Mattel
MAT
$5.96B
| $38M | 0.05% |
984,553
+99,521
| +11% | +$3.84M |
|
364
Paychex
PAYX
$48.7B
| $37.9M | 0.05% |
916,489
-55,797
| -6% | -$2.3M |
|
|
ATVI
365
DELISTED
Activision Blizzard Inc.
ATVI
| $37.5M | 0.05% |
1,897,672
+161,623
| +9% | +$3.19M |
|
366
NiSource
NI
$18.9B
| $37.4M | 0.05% |
2,709,519
-73,749
| -3% | -$1.02M |
|
367
Conagra Brands
CAG
$9.32B
| $37.3M | 0.05% |
1,537,631
-9,124
| -0.6% | -$222K |
|
368
CenterPoint Energy
CNP
$24.4B
| $37.3M | 0.05% |
1,574,937
-4,700
| -0.3% | -$111K |
|
369
TSMC
TSM
$1.28T
| $37.3M | 0.05% |
1,865,057
+1,382,876
| +287% | +$27.6M |
|
370
Annaly Capital Management
NLY
$14.2B
| $37.2M | 0.05% |
824,341
+209,149
| +34% | +$9.45M |
|
371
DaVita
DVA
$9.62B
| $37.2M | 0.05% |
542,660
+22,800
| +4% | +$1.56M |
|
|
WFT
372
DELISTED
Weatherford International plc
WFT
| $36.7M | 0.05% |
2,135,218
-90,000
| -4% | -$1.55M |
|
373
Telkom Indonesia
TLK
$19B
| $36.7M | 0.05% |
1,769,704
+284,244
| +19% | +$5.89M |
|
374
News Corp Class A
NWSA
$16.9B
| $36.4M | 0.05% |
2,132,354
+141,600
| +7% | +$2.41M |
|
375
AstraZeneca
AZN
$253B
| $36.1M | 0.05% |
1,136,910
+467,662
| +70% | +$14.8M |
|