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
|
$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$60.2M |
| 3 |
DXC Technology
DXC
|
$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$47.5M |
| 5 |
Amazon
AMZN
|
$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$170M |
| 2 |
Zoetis
ZTS
|
$75.8M |
| 3 |
Yum! Brands
YUM
|
$69M |
| 4 |
Wells Fargo
WFC
|
$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.86% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Invesco
IVZ
$9.81B
| $33.5M | 0.05% |
950,861
+100
| +0% | +$3.52K |
|
352
ServiceNow
NOW
$190B
| $33.2M | 0.05% |
312,900
+36,900
| +13% | +$3.91M |
|
353
Align Technology
ALGN
$10.1B
| $33.1M | 0.05% |
220,700
+2,000
| +0.9% | +$300K |
|
354
Yum China
YUMC
$16.5B
| $33M | 0.05% |
836,362
-843,162
| -50% | -$33.2M |
|
355
Tapestry
TPR
$21.7B
| $32.8M | 0.05% |
693,611
-1,400
| -0.2% | -$66.3K |
|
356
Motorola Solutions
MSI
$79.8B
| $32.7M | 0.05% |
377,357
+4,300
| +1% | +$373K |
|
357
Alaska Air
ALK
$7.28B
| $32.6M | 0.05% |
363,692
+8,500
| +2% | +$763K |
|
358
Dover
DOV
$24.4B
| $32.6M | 0.05% |
503,183
-3,466
| -0.7% | -$225K |
|
359
Molson Coors Class B
TAP
$9.96B
| $32.5M | 0.05% |
376,400
+11,400
| +3% | +$984K |
|
360
CMS Energy
CMS
$21.4B
| $32.4M | 0.05% |
701,247
+5,600
| +0.8% | +$259K |
|
|
JNPR
361
DELISTED
Juniper Networks
JNPR
| $32.3M | 0.05% |
1,158,631
+22,500
| +2% | +$627K |
|
362
SBA Communications
SBAC
$21.2B
| $32.1M | 0.05% |
238,100
+15,100
| +7% | +$2.04M |
|
363
Dentsply Sirona
XRAY
$2.92B
| $31.7M | 0.05% |
488,698
+10,100
| +2% | +$655K |
|
364
Ally Financial
ALLY
$12.7B
| $31.4M | 0.05% |
1,503,000
-75,700
| -5% | -$1.58M |
|
365
DaVita
DVA
$9.86B
| $31.1M | 0.05% |
480,800
+200
| +0% | +$13K |
|
|
MXIM
366
DELISTED
Maxim Integrated Products
MXIM
| $30.8M | 0.05% |
686,900
+3,400
| +0.5% | +$153K |
|
367
Lear
LEA
$5.91B
| $30.7M | 0.05% |
216,400
+9,300
| +4% | +$1.32M |
|
368
MGM Resorts International
MGM
$9.98B
| $30.5M | 0.05% |
973,745
+168,100
| +21% | +$5.26M |
|
369
Bread Financial
BFH
$3.09B
| $30.3M | 0.05% |
147,954
+7,392
| +5% | +$1.51M |
|
370
Energy Transfer Partners
ET
$59.7B
| $30.3M | 0.05% |
1,685,300
-12,300
| -0.7% | -$221K |
|
371
Mohawk Industries
MHK
$8.65B
| $30.2M | 0.05% |
125,000
+2,900
| +2% | +$701K |
|
372
Ball Corp
BALL
$13.9B
| $30.1M | 0.05% |
714,152
+7,200
| +1% | +$304K |
|
|
CTXS
373
DELISTED
Citrix Systems Inc
CTXS
| $30.1M | 0.05% |
378,400
+21,400
| +6% | +$1.7M |
|
374
J.M. Smucker
SJM
$12B
| $29.9M | 0.05% |
253,050
+1,800
| +0.7% | +$213K |
|
|
WRK
375
DELISTED
WestRock Company
WRK
| $29.9M | 0.05% |
527,954
+12,400
| +2% | +$703K |
|