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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
News Corp Class A
NWSA
$16.3B
| $35.4M | 0.05% |
1,990,754
+942,785
| +90% | +$16.8M |
|
|
LIFE
377
DELISTED
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
| $35.3M | 0.05% |
466,560
-6,814
| -1% | -$516K |
|
|
KSU
378
DELISTED
Kansas City Southern
KSU
| $35.3M | 0.05% |
285,641
+21,441
| +8% | +$2.65M |
|
379
BorgWarner
BWA
$9.23B
| $34.8M | 0.05% |
623,932
+356,032
| +133% | +$19.8M |
|
380
Herbalife
HLF
$1.01B
| $34.8M | 0.05% |
441,501
+101,928
| +30% | +$8.03M |
|
381
Masco
MAS
$15.2B
| $34.8M | 0.05% |
1,538,126
+481,846
| +46% | +$10.9M |
|
382
Itaú Unibanco
ITUB
$75.6B
| $34.6M | 0.05% |
+2,594,019
| New | +$34.6M |
|
383
Keurig Dr Pepper
KDP
$39.3B
| $34.4M | 0.05% |
708,243
+90,075
| +15% | +$4.38M |
|
384
Blackstone
BX
$132B
| $34.4M | 0.05% |
1,101,700
+85,700
| +8% | +$2.68M |
|
|
ESV
385
DELISTED
Ensco Rowan plc
ESV
| $34.2M | 0.05% |
611,869
+54,574
| +10% | +$3.05M |
|
386
Stanley Black & Decker
SWK
$11.1B
| $34.2M | 0.05% |
422,084
+29,500
| +8% | +$2.39M |
|
387
Jazz Pharmaceuticals
JAZZ
$7.87B
| $34.1M | 0.05% |
271,826
+109,900
| +68% | +$13.8M |
|
388
Bunge Global
BG
$16.3B
| $34M | 0.05% |
413,322
+23,100
| +6% | +$1.9M |
|
|
WFT
389
DELISTED
Weatherford International plc
WFT
| $33.9M | 0.05% |
2,225,218
+12,500
| +0.6% | +$191K |
|
390
L3Harris
LHX
$51.5B
| $33.9M | 0.05% |
486,968
+192,350
| +65% | +$13.4M |
|
391
Helmerich & Payne
HP
$2.11B
| $33.7M | 0.05% |
405,480
+136,891
| +51% | +$11.4M |
|
392
Lear
LEA
$5.85B
| $33.7M | 0.05% |
413,858
+131,308
| +46% | +$10.7M |
|
|
BEAM
393
DELISTED
BEAM INC COM STK (DE)
BEAM
| $33.6M | 0.05% |
500,339
+75,751
| +18% | +$5.09M |
|
394
Genworth Financial
GNW
$3.47B
| $33.6M | 0.05% |
2,158,000
-234,758
| -10% | -$3.66M |
|
|
CFN
395
DELISTED
CAREFUSION CORPORATION
CFN
| $33.6M | 0.05% |
846,000
+251,999
| +42% | +$10M |
|
396
Fortune Brands Innovations
FBIN
$6.9B
| $33M | 0.05% |
730,193
+313,376
| +75% | +$14.2M |
|
397
Everest Group
EG
$14.5B
| $33M | 0.05% |
214,780
+46,100
| +27% | +$7.08M |
|
398
DaVita
DVA
$9.79B
| $33M | 0.05% |
519,860
-13,320
| -2% | -$844K |
|
399
Globe Life
GL
$11.3B
| $32.8M | 0.05% |
417,872
+83,908
| +25% | +$6.59M |
|
400
Travel + Leisure Co
TNL
$4.05B
| $32.7M | 0.05% |
446,627
+7,347
| +2% | +$538K |
|