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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Markel Group
MKL
$24.4B
| $34.4M | 0.05% |
29,430
-2,436
| -8% | -$2.85M |
|
377
Yum China
YUMC
$16.3B
| $34.4M | 0.05% |
829,689
-102,609
| -11% | -$4.26M |
|
378
CenterPoint Energy
CNP
$24.4B
| $34.3M | 0.05% |
1,251,050
-186,836
| -13% | -$5.12M |
|
379
Corpay
CPAY
$22B
| $34.2M | 0.05% |
168,926
-5,946
| -3% | -$1.2M |
|
380
J.M. Smucker
SJM
$11.9B
| $34.1M | 0.05% |
274,849
-26,345
| -9% | -$3.27M |
|
381
Brown-Forman Class B
BF.B
$13B
| $34.1M | 0.05% |
626,055
-111,476
| -15% | -$6.06M |
|
382
Ameren
AEE
$27B
| $33.9M | 0.05% |
598,286
-131,322
| -18% | -$7.44M |
|
383
Hilton Worldwide
HLT
$65.3B
| $33.9M | 0.05% |
430,035
+21,471
| +5% | +$1.69M |
|
384
Bunge Global
BG
$16.9B
| $33.7M | 0.05% |
455,673
+38,084
| +9% | +$2.82M |
|
|
ANSS
385
DELISTED
Ansys
ANSS
| $33.6M | 0.05% |
214,730
-16,699
| -7% | -$2.62M |
|
386
Annaly Capital Management
NLY
$14.2B
| $33.5M | 0.05% |
803,384
-123,867
| -13% | -$5.17M |
|
387
Wynn Resorts
WYNN
$12.8B
| $33.5M | 0.05% |
183,602
-11,461
| -6% | -$2.09M |
|
388
Darden Restaurants
DRI
$24.6B
| $33.4M | 0.05% |
391,697
+9,892
| +3% | +$843K |
|
389
Lennar Class A
LEN
$36.9B
| $33.3M | 0.05% |
583,595
+115,271
| +25% | +$6.58M |
|
390
United Rentals
URI
$62.4B
| $33.2M | 0.05% |
191,976
-22,258
| -10% | -$3.84M |
|
391
Invesco
IVZ
$9.81B
| $33M | 0.05% |
1,030,755
+21,042
| +2% | +$674K |
|
392
Autoliv
ALV
$9.74B
| $32.9M | 0.05% |
312,614
-2,252
| -0.7% | -$237K |
|
393
Avery Dennison
AVY
$13.1B
| $32.8M | 0.05% |
309,098
+44,639
| +17% | +$4.74M |
|
|
QVCGA
394
QVC Group, Inc. Series A Common Stock
QVCGA
$79M
| $32.7M | 0.05% |
26,731
+1,566
| +6% | +$1.91M |
|
395
CMS Energy
CMS
$21.2B
| $32.6M | 0.05% |
720,204
-103,900
| -13% | -$4.71M |
|
396
Ulta Beauty
ULTA
$23.3B
| $32.6M | 0.05% |
159,384
+13,117
| +9% | +$2.68M |
|
397
Workday
WDAY
$61.9B
| $32.4M | 0.05% |
254,647
-1,745
| -0.7% | -$222K |
|
398
Synopsys
SNPS
$113B
| $32.4M | 0.05% |
388,776
-16,042
| -4% | -$1.34M |
|
399
Vulcan Materials
VMC
$39.5B
| $32.3M | 0.05% |
283,234
-11,900
| -4% | -$1.36M |
|
400
Perrigo
PRGO
$3.07B
| $32.3M | 0.05% |
387,906
-1,982
| -0.5% | -$165K |
|