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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
AT&T
T
|
$53.9M |
| 5 |
Alibaba
BABA
|
$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
eBay
EBAY
|
$105M |
| 5 |
Apple
AAPL
|
$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
J.M. Smucker
SJM
$12B
| $32.2M | 0.05% |
281,950
-2,000
| -0.7% | -$228K |
|
352
Sealed Air
SEE
$4.75B
| $32.1M | 0.05% |
683,698
-100
| -0% | -$4.69K |
|
353
Mohawk Industries
MHK
$8.41B
| $32M | 0.05% |
176,100
+4,100
| +2% | +$745K |
|
354
Church & Dwight Co
CHD
$23.2B
| $31.9M | 0.05% |
760,548
+6,600
| +0.9% | +$277K |
|
355
Whirlpool
WHR
$5.14B
| $31.8M | 0.05% |
216,111
-12,600
| -6% | -$1.86M |
|
356
Citizens Financial Group
CFG
$22.7B
| $31.5M | 0.05% |
1,321,300
+482,900
| +58% | +$11.5M |
|
357
Annaly Capital Management
NLY
$14B
| $31.5M | 0.05% |
796,875
+6,075
| +0.8% | +$240K |
|
|
HOT
358
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $31.4M | 0.05% |
472,800
-15,000
| -3% | -$997K |
|
359
Pentair
PNR
$18B
| $31.4M | 0.05% |
914,693
-57,326
| -6% | -$1.97M |
|
360
McCormick & Company Non-Voting
MKC
$18.8B
| $31.4M | 0.05% |
762,964
+55,400
| +8% | +$2.28M |
|
361
The Mosaic Company
MOS
$10.4B
| $31.3M | 0.05% |
1,006,589
+2,500
| +0.2% | +$77.8K |
|
362
Western Union
WU
$2.82B
| $31.2M | 0.05% |
1,699,057
-49,900
| -3% | -$916K |
|
363
Equifax
EFX
$29.6B
| $31.1M | 0.05% |
320,424
-10,600
| -3% | -$1.03M |
|
|
NBL
364
DELISTED
Noble Energy, Inc.
NBL
| $31.1M | 0.05% |
1,031,784
+60,100
| +6% | +$1.81M |
|
365
Lam Research
LRCX
$127B
| $31.1M | 0.05% |
4,758,000
-328,000
| -6% | -$2.14M |
|
366
Loews
L
$20.2B
| $30.9M | 0.05% |
855,480
-22,900
| -3% | -$828K |
|
367
Nucor
NUE
$33.3B
| $30.8M | 0.05% |
821,261
+7,900
| +1% | +$297K |
|
368
Hanesbrands
HBI
$2.25B
| $30.7M | 0.05% |
1,061,400
-29,000
| -3% | -$839K |
|
369
Newell Brands
NWL
$2.64B
| $30.7M | 0.05% |
773,200
-27,100
| -3% | -$1.08M |
|
370
Host Hotels & Resorts
HST
$12.1B
| $30.6M | 0.05% |
1,933,919
+12,100
| +0.6% | +$191K |
|
|
LVLT
371
DELISTED
Level 3 Communications Inc
LVLT
| $30.5M | 0.05% |
699,010
-61,110
| -8% | -$2.67M |
|
372
Harley-Davidson
HOG
$3.67B
| $30.4M | 0.05% |
554,483
-32,300
| -6% | -$1.77M |
|
373
CMS Energy
CMS
$21.4B
| $30.4M | 0.05% |
860,847
-31,300
| -4% | -$1.11M |
|
374
Ametek
AME
$43.4B
| $30.3M | 0.05% |
579,800
-16,700
| -3% | -$874K |
|
375
Tractor Supply
TSCO
$32.1B
| $30.2M | 0.05% |
1,788,500
+6,500
| +0.4% | +$110K |
|