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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
AT&T
T
|
$53.9M |
| 5 |
Alibaba
BABA
|
$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
eBay
EBAY
|
$105M |
| 5 |
Apple
AAPL
|
$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRCL
376
DELISTED
Stericycle Inc
SRCL
| $30.1M | 0.05% |
215,846
-6,300
| -3% | -$878K |
|
377
Travel + Leisure Co
TNL
$4.08B
| $30M | 0.05% |
924,734
-38,541
| -4% | -$1.25M |
|
|
DISH
378
DELISTED
DISH Network Corp.
DISH
| $30M | 0.05% |
513,800
-51,600
| -9% | -$3.01M |
|
|
SNDK
379
DELISTED
SANDISK CORP
SNDK
| $30M | 0.05% |
551,500
-18,400
| -3% | -$1,000K |
|
|
CTXS
380
DELISTED
Citrix Systems Inc
CTXS
| $29.7M | 0.05% |
538,738
-17,833
| -3% | -$984K |
|
381
SS&C Technologies
SSNC
$21.7B
| $29.7M | 0.05% |
847,400
+4,400
| +0.5% | +$154K |
|
382
Ally Financial
ALLY
$12.7B
| $29.6M | 0.05% |
1,454,100
+582,700
| +67% | +$11.9M |
|
383
HF Sinclair
DINO
$9.56B
| $29.6M | 0.05% |
606,400
+9,100
| +2% | +$444K |
|
|
XLNX
384
DELISTED
Xilinx Inc
XLNX
| $29.5M | 0.05% |
695,512
-20,600
| -3% | -$873K |
|
|
JWN
385
DELISTED
Nordstrom
JWN
| $29.5M | 0.05% |
410,859
-12,600
| -3% | -$904K |
|
386
Markel Group
MKL
$24.2B
| $29.4M | 0.05% |
36,616
-700
| -2% | -$561K |
|
387
C.H. Robinson
CHRW
$14.9B
| $29.2M | 0.05% |
430,792
-3,500
| -0.8% | -$237K |
|
388
Waters Corp
WAT
$18.2B
| $29.1M | 0.05% |
246,202
-3,100
| -1% | -$366K |
|
389
Voya Financial
VOYA
$7.38B
| $29.1M | 0.05% |
750,100
-8,500
| -1% | -$330K |
|
390
SiriusXM
SIRI
$8.1B
| $29.1M | 0.05% |
777,250
-20,330
| -3% | -$760K |
|
391
Lear
LEA
$5.91B
| $29M | 0.05% |
267,000
-16,600
| -6% | -$1.81M |
|
392
Newmont
NEM
$83.7B
| $29M | 0.05% |
1,805,216
+322,200
| +22% | +$5.18M |
|
393
Molson Coors Class B
TAP
$9.96B
| $28.9M | 0.05% |
347,900
+3,800
| +1% | +$315K |
|
394
Liberty Global Class A
LBTYA
$4.05B
| $28.8M | 0.05% |
767,729
-35,072
| -4% | -$1.31M |
|
395
Xerox
XRX
$493M
| $28.6M | 0.05% |
1,115,561
-16,508
| -1% | -$423K |
|
396
Ulta Beauty
ULTA
$23.1B
| $28.6M | 0.05% |
174,924
-3,800
| -2% | -$621K |
|
397
Bunge Global
BG
$16.9B
| $28.5M | 0.05% |
389,322
-34,300
| -8% | -$2.51M |
|
398
Macerich
MAC
$4.74B
| $28.5M | 0.05% |
371,404
-600
| -0.2% | -$46.1K |
|
399
VeriSign
VRSN
$26.2B
| $28.5M | 0.05% |
404,002
+10,400
| +3% | +$734K |
|
400
TransDigm Group
TDG
$71.6B
| $28.4M | 0.05% |
133,900
-3,400
| -2% | -$722K |
|