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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LLL
376
DELISTED
L3 Technologies, Inc.
LLL
| $29.4M | 0.05% |
177,800
-34,024
| -16% | -$5.62M |
|
|
NBL
377
DELISTED
Noble Energy, Inc.
NBL
| $29.4M | 0.05% |
855,784
-40,700
| -5% | -$1.4M |
|
378
Lear
LEA
$5.91B
| $29.3M | 0.05% |
207,100
-8,400
| -4% | -$1.19M |
|
379
Cintas
CTAS
$81.7B
| $29.1M | 0.05% |
921,240
-63,200
| -6% | -$2M |
|
380
Invesco
IVZ
$9.81B
| $29.1M | 0.05% |
950,761
-20,300
| -2% | -$622K |
|
381
Iron Mountain
IRM
$28.6B
| $28.8M | 0.05% |
808,274
-20,700
| -2% | -$738K |
|
382
Textron
TXT
$14.4B
| $28.8M | 0.05% |
605,100
+8,500
| +1% | +$405K |
|
383
Globe Life
GL
$11.4B
| $28.8M | 0.05% |
373,334
-11,500
| -3% | -$886K |
|
384
C.H. Robinson
CHRW
$14.9B
| $28.7M | 0.05% |
371,892
-21,100
| -5% | -$1.63M |
|
385
Tapestry
TPR
$21.9B
| $28.7M | 0.05% |
695,011
+3,900
| +0.6% | +$161K |
|
386
BioMarin Pharmaceuticals
BMRN
$10.7B
| $28.1M | 0.05% |
320,300
-13,800
| -4% | -$1.21M |
|
387
Mohawk Industries
MHK
$8.67B
| $28M | 0.05% |
122,100
-5,100
| -4% | -$1.17M |
|
388
United Rentals
URI
$62.4B
| $28M | 0.05% |
223,800
-12,200
| -5% | -$1.53M |
|
|
INFO
389
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $28M | 0.05% |
666,465
-28,700
| -4% | -$1.2M |
|
390
Bread Financial
BFH
$3.06B
| $27.9M | 0.05% |
140,562
-3,007
| -2% | -$598K |
|
391
Jefferies Financial Group
JEF
$13.2B
| $27.6M | 0.05% |
1,186,502
-27,928
| -2% | -$650K |
|
|
CA
392
DELISTED
CA, Inc.
CA
| $27.6M | 0.05% |
870,072
-21,100
| -2% | -$669K |
|
393
Expeditors International
EXPD
$16.4B
| $27.5M | 0.04% |
486,850
-11,900
| -2% | -$672K |
|
394
VeriSign
VRSN
$26.4B
| $27.5M | 0.04% |
315,700
-13,600
| -4% | -$1.18M |
|
395
Universal Health Services
UHS
$11.8B
| $27.5M | 0.04% |
220,854
-10,600
| -5% | -$1.32M |
|
396
Arch Capital
ACGL
$33.9B
| $27.5M | 0.04% |
869,100
-30,000
| -3% | -$948K |
|
|
GGP
397
DELISTED
GGP Inc.
GGP
| $27.4M | 0.04% |
1,180,162
-62,300
| -5% | -$1.44M |
|
|
NLSN
398
DELISTED
Nielsen Holdings plc
NLSN
| $27.3M | 0.04% |
660,900
-48,700
| -7% | -$2.01M |
|
399
Eastman Chemical
EMN
$7.91B
| $27.3M | 0.04% |
337,356
+4,300
| +1% | +$347K |
|
400
Pentair
PNR
$18.1B
| $27.3M | 0.04% |
646,375
-38,267
| -6% | -$1.61M |
|