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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MXIM
351
DELISTED
Maxim Integrated Products
MXIM
| $33.8M | 0.05% |
707,469
+20,569
| +3% | +$981K |
|
352
Yum China
YUMC
$16.2B
| $33.7M | 0.05% |
843,444
+7,082
| +0.8% | +$283K |
|
353
Baker Hughes
BKR
$44.8B
| $33.7M | 0.05% |
+919,818
| New | +$33.7M |
|
354
Centene
CNC
$15.3B
| $33.7M | 0.05% |
696,040
+31,722
| +5% | +$1.53M |
|
355
Motorola Solutions
MSI
$79.6B
| $33.6M | 0.05% |
395,631
+18,274
| +5% | +$1.55M |
|
356
Plains All American Pipeline
PAA
$12.1B
| $33.5M | 0.05% |
1,580,339
+950,322
| +151% | +$20.1M |
|
357
Albemarle
ALB
$8.54B
| $33.3M | 0.05% |
244,148
+11,452
| +5% | +$1.56M |
|
358
Eastman Chemical
EMN
$7.76B
| $33.3M | 0.05% |
367,713
+24,857
| +7% | +$2.25M |
|
359
Ametek
AME
$43.3B
| $33.1M | 0.05% |
501,481
+23,381
| +5% | +$1.54M |
|
360
Cencora
COR
$57.9B
| $33.1M | 0.05% |
399,658
+9,758
| +3% | +$807K |
|
361
MGM Resorts International
MGM
$9.8B
| $33M | 0.05% |
1,013,962
+40,217
| +4% | +$1.31M |
|
362
CarMax
KMX
$9.21B
| $33M | 0.05% |
435,405
+8,205
| +2% | +$622K |
|
|
JNPR
363
DELISTED
Juniper Networks
JNPR
| $32.9M | 0.05% |
1,183,829
+25,198
| +2% | +$701K |
|
364
Vornado Realty Trust
VNO
$7.66B
| $32.7M | 0.05% |
425,715
-67,740
| -14% | -$5.21M |
|
365
Cintas
CTAS
$81.4B
| $32.6M | 0.05% |
904,772
-18,868
| -2% | -$681K |
|
|
ETFC
366
DELISTED
E*Trade Financial Corporation
ETFC
| $32.6M | 0.05% |
747,910
+18,880
| +3% | +$823K |
|
367
Trip.com Group
TCOM
$47.3B
| $32.6M | 0.05% |
618,296
-60,904
| -9% | -$3.21M |
|
368
Molson Coors Class B
TAP
$9.78B
| $32.6M | 0.05% |
399,084
+22,684
| +6% | +$1.85M |
|
369
Xylem
XYL
$33.5B
| $32.5M | 0.05% |
518,932
+26,432
| +5% | +$1.66M |
|
370
Everest Group
EG
$14.3B
| $32.4M | 0.05% |
142,026
+9,280
| +7% | +$2.12M |
|
371
Healthpeak Properties
DOC
$12.6B
| $32.4M | 0.05% |
1,164,448
+43,888
| +4% | +$1.22M |
|
|
LVLT
372
DELISTED
Level 3 Communications Inc
LVLT
| $32.4M | 0.05% |
607,225
+24,925
| +4% | +$1.33M |
|
373
Dell
DELL
$82B
| $32.4M | 0.05% |
1,493,189
+90,413
| +6% | +$1.96M |
|
374
Synopsys
SNPS
$112B
| $32.3M | 0.05% |
400,987
+19,527
| +5% | +$1.57M |
|
375
Mohawk Industries
MHK
$8.42B
| $32.3M | 0.05% |
130,303
+5,303
| +4% | +$1.31M |
|