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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MRO
376
DELISTED
Marathon Oil Corporation
MRO
| $32.1M | 0.05% |
2,368,770
+88,235
| +4% | +$1.2M |
|
377
Realty Income
O
$54.4B
| $32M | 0.05% |
577,770
+46,250
| +9% | +$2.56M |
|
378
Markel Group
MKL
$24.4B
| $31.4M | 0.05% |
29,434
+968
| +3% | +$1.03M |
|
379
Iron Mountain
IRM
$28.6B
| $31.4M | 0.05% |
807,575
+30,701
| +4% | +$1.19M |
|
|
WRK
380
DELISTED
WestRock Company
WRK
| $31M | 0.05% |
546,304
+18,350
| +3% | +$1.04M |
|
381
Voya Financial
VOYA
$7.28B
| $31M | 0.05% |
776,260
-19,440
| -2% | -$775K |
|
|
VIAB
382
DELISTED
Viacom Inc. Class B
VIAB
| $31M | 0.05% |
1,111,974
+62,056
| +6% | +$1.73M |
|
383
Globe Life
GL
$11.4B
| $31M | 0.05% |
386,476
+15,942
| +4% | +$1.28M |
|
384
BioMarin Pharmaceuticals
BMRN
$10.7B
| $30.9M | 0.05% |
332,500
+5,100
| +2% | +$475K |
|
385
Ulta Beauty
ULTA
$23B
| $30.9M | 0.05% |
136,743
+3,543
| +3% | +$801K |
|
386
MSCI
MSCI
$44B
| $30.9M | 0.05% |
264,160
+11,060
| +4% | +$1.29M |
|
|
CTXS
387
DELISTED
Citrix Systems Inc
CTXS
| $30.7M | 0.05% |
399,273
+20,873
| +6% | +$1.6M |
|
388
Gartner
IT
$18.7B
| $30.5M | 0.05% |
245,296
+15,471
| +7% | +$1.92M |
|
389
Arch Capital
ACGL
$33.4B
| $30.5M | 0.05% |
927,960
+25,560
| +3% | +$839K |
|
390
Expeditors International
EXPD
$16.4B
| $30.4M | 0.05% |
508,652
+25,202
| +5% | +$1.51M |
|
391
Cincinnati Financial
CINF
$24B
| $30.4M | 0.05% |
397,569
+23,397
| +6% | +$1.79M |
|
392
IQVIA
IQV
$32.2B
| $30.2M | 0.04% |
318,054
+11,631
| +4% | +$1.11M |
|
393
Pentair
PNR
$17.9B
| $30.2M | 0.04% |
660,905
+14,679
| +2% | +$670K |
|
394
Masco
MAS
$15.4B
| $30.1M | 0.04% |
771,548
+38,948
| +5% | +$1.52M |
|
395
W.W. Grainger
GWW
$47.6B
| $30M | 0.04% |
167,070
+7,042
| +4% | +$1.27M |
|
396
D.R. Horton
DHI
$53B
| $30M | 0.04% |
751,400
+17,600
| +2% | +$703K |
|
397
Mid-America Apartment Communities
MAA
$17B
| $30M | 0.04% |
280,653
+31,920
| +13% | +$3.41M |
|
398
Fastenal
FAST
$55B
| $30M | 0.04% |
2,629,308
+163,308
| +7% | +$1.86M |
|
399
Seagate
STX
$40.7B
| $29.9M | 0.04% |
902,788
-6,712
| -0.7% | -$223K |
|
400
Brown-Forman Class B
BF.B
$13B
| $29.9M | 0.04% |
859,988
+13,169
| +2% | +$458K |
|