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 |
Coty
COTY
|
$42M |
| 2 |
Yum China
YUMC
|
$22.3M |
| 3 |
Howmet Aerospace
HWM
|
$19M |
| 4 |
Adient
ADNT
|
$11.5M |
| 5 |
Lamb Weston
LW
|
$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Synchrony
SYF
|
$72.8M |
| 3 |
Microsoft
MSFT
|
$68.4M |
| 4 |
JPMorgan Chase
JPM
|
$63.7M |
| 5 |
Exxon Mobil
XOM
|
$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Mettler-Toledo International
MTD
$26.9B
| $30.3M | 0.05% |
72,300
-6,009
| -8% | -$2.52M |
|
|
FRC
352
DELISTED
First Republic Bank
FRC
| $30.2M | 0.05% |
327,400
-26,100
| -7% | -$2.4M |
|
|
XL
353
DELISTED
XL Group Ltd.
XL
| $30.1M | 0.05% |
807,500
-66,200
| -8% | -$2.47M |
|
354
Microchip Technology
MCHP
$35.6B
| $30M | 0.05% |
935,920
-80,600
| -8% | -$2.59M |
|
355
CMS Energy
CMS
$21.4B
| $30M | 0.05% |
720,147
-218,100
| -23% | -$9.08M |
|
356
Kohl's
KSS
$1.86B
| $30M | 0.05% |
606,694
-2,000
| -0.3% | -$98.8K |
|
357
Skyworks Solutions
SWKS
$11.2B
| $29.8M | 0.05% |
399,700
-29,800
| -7% | -$2.22M |
|
|
NLSN
358
DELISTED
Nielsen Holdings plc
NLSN
| $29.8M | 0.05% |
709,600
-85,600
| -11% | -$3.59M |
|
359
L3Harris
LHX
$51B
| $29.7M | 0.05% |
289,761
-22,900
| -7% | -$2.35M |
|
|
COL
360
DELISTED
Rockwell Collins
COL
| $29.7M | 0.05% |
319,878
-12,300
| -4% | -$1.14M |
|
361
Blackstone
BX
$133B
| $29.5M | 0.05% |
1,091,600
-101,200
| -8% | -$2.74M |
|
362
Invesco
IVZ
$9.81B
| $29.5M | 0.05% |
971,061
-54,600
| -5% | -$1.66M |
|
363
Annaly Capital Management
NLY
$14.2B
| $29.3M | 0.05% |
735,651
-30,775
| -4% | -$1.23M |
|
364
Fortive
FTV
$16.2B
| $29.1M | 0.05% |
648,884
-39,076
| -6% | -$1.75M |
|
365
Equifax
EFX
$30.8B
| $29.1M | 0.05% |
245,900
-49,524
| -17% | -$5.86M |
|
366
Global Payments
GPN
$21.3B
| $29.1M | 0.05% |
418,726
-81,709
| -16% | -$5.67M |
|
367
Travel + Leisure Co
TNL
$4.08B
| $29M | 0.05% |
840,444
-40,876
| -5% | -$1.41M |
|
368
Textron
TXT
$14.5B
| $29M | 0.05% |
596,600
-36,200
| -6% | -$1.76M |
|
369
Everest Group
EG
$14.3B
| $28.9M | 0.05% |
133,346
-8,100
| -6% | -$1.75M |
|
370
C.H. Robinson
CHRW
$14.9B
| $28.8M | 0.05% |
392,992
-22,000
| -5% | -$1.61M |
|
371
Dentsply Sirona
XRAY
$2.92B
| $28.8M | 0.05% |
498,298
-80,632
| -14% | -$4.65M |
|
372
Harley-Davidson
HOG
$3.67B
| $28.7M | 0.05% |
491,083
-36,200
| -7% | -$2.11M |
|
373
Lear
LEA
$5.91B
| $28.5M | 0.05% |
215,500
-11,700
| -5% | -$1.55M |
|
374
Cintas
CTAS
$82.4B
| $28.4M | 0.05% |
984,440
-121,500
| -11% | -$3.51M |
|
375
Globe Life
GL
$11.3B
| $28.4M | 0.05% |
384,834
-4,359
| -1% | -$322K |
|