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 |
Coty
COTY
|
$42M |
| 2 |
Yum China
YUMC
|
$22.3M |
| 3 |
Howmet Aerospace
HWM
|
$19M |
| 4 |
Adient
ADNT
|
$11.5M |
| 5 |
Lamb Weston
LW
|
$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Synchrony
SYF
|
$72.8M |
| 3 |
Microsoft
MSFT
|
$68.4M |
| 4 |
JPMorgan Chase
JPM
|
$63.7M |
| 5 |
Exxon Mobil
XOM
|
$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CA
376
DELISTED
CA, Inc.
CA
| $28.3M | 0.05% |
891,172
-56,800
| -6% | -$1.8M |
|
377
Expedia Group
EXPE
$26.6B
| $28.3M | 0.05% |
249,784
-7,357
| -3% | -$833K |
|
378
Bunge Global
BG
$16.9B
| $28.3M | 0.05% |
391,122
-14,400
| -4% | -$1.04M |
|
|
WRK
379
DELISTED
WestRock Company
WRK
| $28.2M | 0.05% |
554,554
-8,800
| -2% | -$447K |
|
380
Fastenal
FAST
$55.1B
| $28.1M | 0.05% |
2,393,600
-187,200
| -7% | -$2.2M |
|
381
CarMax
KMX
$9.11B
| $28.1M | 0.05% |
435,800
-23,800
| -5% | -$1.53M |
|
382
Chemours
CC
$2.34B
| $28M | 0.05% |
1,267,853
+123,300
| +11% | +$2.72M |
|
383
Church & Dwight Co
CHD
$23.3B
| $27.9M | 0.05% |
632,200
-52,948
| -8% | -$2.34M |
|
384
Advance Auto Parts
AAP
$3.63B
| $27.9M | 0.05% |
165,083
-9,300
| -5% | -$1.57M |
|
385
Ball Corp
BALL
$13.9B
| $27.9M | 0.05% |
743,152
-69,000
| -8% | -$2.59M |
|
|
TFCF
386
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $27.8M | 0.05% |
1,018,900
-48,500
| -5% | -$1.32M |
|
387
Akamai
AKAM
$11.3B
| $27.8M | 0.05% |
416,200
-38,950
| -9% | -$2.6M |
|
388
Royal Caribbean
RCL
$95.7B
| $27.7M | 0.05% |
337,900
-17,500
| -5% | -$1.44M |
|
|
CERN
389
DELISTED
Cerner Corp
CERN
| $27.7M | 0.05% |
585,100
-52,596
| -8% | -$2.49M |
|
390
BioMarin Pharmaceuticals
BMRN
$11.1B
| $27.7M | 0.05% |
334,100
-17,000
| -5% | -$1.41M |
|
391
Macy's
M
$4.64B
| $27.3M | 0.05% |
761,200
-2,400
| -0.3% | -$85.9K |
|
392
Zions Bancorporation
ZION
$8.34B
| $27M | 0.05% |
627,700
-14,600
| -2% | -$628K |
|
393
Iron Mountain
IRM
$27.2B
| $26.9M | 0.05% |
828,974
-4,700
| -0.6% | -$153K |
|
394
Martin Marietta Materials
MLM
$37.5B
| $26.9M | 0.05% |
121,380
-6,514
| -5% | -$1.44M |
|
395
McCormick & Company Non-Voting
MKC
$19B
| $26.8M | 0.05% |
574,600
-46,564
| -7% | -$2.17M |
|
|
CIT
396
DELISTED
CIT Group Inc.
CIT
| $26.8M | 0.04% |
627,500
-12,900
| -2% | -$551K |
|
397
TransDigm Group
TDG
$71.6B
| $26.8M | 0.04% |
107,500
-11,500
| -10% | -$2.86M |
|
|
RHT
398
DELISTED
Red Hat Inc
RHT
| $26.7M | 0.04% |
382,800
-27,300
| -7% | -$1.9M |
|
399
Xylem
XYL
$34.2B
| $26.5M | 0.04% |
535,300
-22,100
| -4% | -$1.09M |
|
400
Expeditors International
EXPD
$16.4B
| $26.4M | 0.04% |
498,750
-37,100
| -7% | -$1.96M |
|