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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
NetApp
NTAP
$24.2B
| $36.1M | 0.05% |
975,349
-66,100
| -6% | -$2.45M |
|
377
WEC Energy
WEC
$34.6B
| $36M | 0.05% |
758,808
+1,500
| +0.2% | +$71.1K |
|
378
Fastenal
FAST
$55.3B
| $35.9M | 0.05% |
2,823,356
+82,836
| +3% | +$1.05M |
|
379
Assurant
AIZ
$10.7B
| $35.8M | 0.05% |
553,231
-148,720
| -21% | -$9.63M |
|
380
Republic Services
RSG
$71.2B
| $35.7M | 0.05% |
1,033,313
-81,500
| -7% | -$2.82M |
|
381
Range Resources
RRC
$8.11B
| $35.6M | 0.05% |
401,849
+18,300
| +5% | +$1.62M |
|
382
Labcorp
LH
$23B
| $35.6M | 0.05% |
412,207
+1,529
| +0.4% | +$132K |
|
383
Dollar Tree
DLTR
$20.3B
| $35.3M | 0.05% |
693,790
+12,200
| +2% | +$621K |
|
384
Liberty Media Series A
FWONA
$23.1B
| $35.2M | 0.05% |
1,604,386
| – | – |
|
|
BEAM
385
DELISTED
BEAM INC COM STK (DE)
BEAM
| $35.2M | 0.05% |
422,100
-78,239
| -16% | -$6.52M |
|
|
AMTD
386
DELISTED
TD Ameritrade Holding Corp
AMTD
| $34.8M | 0.05% |
1,142,744
+93,862
| +9% | +$2.86M |
|
387
Dover
DOV
$24.4B
| $34.8M | 0.05% |
522,679
-132,785
| -20% | -$8.84M |
|
388
TechnipFMC
FTI
$16.1B
| $34.6M | 0.05% |
868,487
+52,545
| +6% | +$2.09M |
|
|
NLSN
389
DELISTED
Nielsen Holdings plc
NLSN
| $34.5M | 0.05% |
796,800
+383,800
| +93% | +$16.6M |
|
|
GGP
390
DELISTED
GGP Inc.
GGP
| $34.5M | 0.05% |
1,545,664
+64,666
| +4% | +$1.44M |
|
391
Everest Group
EG
$14.2B
| $34.5M | 0.05% |
225,629
+10,849
| +5% | +$1.66M |
|
392
Western Union
WU
$2.82B
| $34.4M | 0.05% |
2,132,226
-155,215
| -7% | -$2.5M |
|
393
L3Harris
LHX
$51.2B
| $34.3M | 0.05% |
479,768
-7,200
| -1% | -$515K |
|
394
Eastman Chemical
EMN
$7.91B
| $34.2M | 0.05% |
403,656
-3,300
| -0.8% | -$279K |
|
395
Itaú Unibanco
ITUB
$76B
| $34M | 0.05% |
5,809,957
-1,100,328
| -16% | -$6.43M |
|
|
AVP
396
DELISTED
Avon Products, Inc.
AVP
| $33.9M | 0.05% |
2,279,798
-77,608
| -3% | -$1.15M |
|
397
Autodesk
ADSK
$69.6B
| $33.9M | 0.05% |
718,700
-30,131
| -4% | -$1.42M |
|
398
VeriSign
VRSN
$26.4B
| $33.7M | 0.05% |
664,102
+20,600
| +3% | +$1.04M |
|
399
Pediatrix Medical
MD
$1.49B
| $33.6M | 0.05% |
543,080
+170,300
| +46% | +$10.5M |
|
400
Textron
TXT
$14.7B
| $33.5M | 0.05% |
878,200
-647
| -0.1% | -$24.7K |
|