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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CXO
376
DELISTED
CONCHO RESOURCES INC.
CXO
| $37.8M | 0.05% |
273,131
-23,831
| -8% | -$3.3M |
|
377
Annaly Capital Management
NLY
$14.3B
| $37.6M | 0.05% |
912,386
+109,002
| +14% | +$4.49M |
|
|
WRK
378
DELISTED
WestRock Company
WRK
| $37.5M | 0.05% |
657,768
+69,195
| +12% | +$3.95M |
|
|
NBL
379
DELISTED
Noble Energy, Inc.
NBL
| $37.4M | 0.05% |
1,059,757
+106,560
| +11% | +$3.76M |
|
380
Domino's
DPZ
$15.6B
| $37.4M | 0.05% |
132,454
-1,517
| -1% | -$428K |
|
381
Ally Financial
ALLY
$12.7B
| $37.2M | 0.05% |
1,415,763
-24,685
| -2% | -$648K |
|
382
Equifax
EFX
$31B
| $37.2M | 0.05% |
297,090
-11,388
| -4% | -$1.42M |
|
383
KLA
KLAC
$121B
| $36.9M | 0.05% |
360,268
-43,019
| -11% | -$4.41M |
|
384
D.R. Horton
DHI
$53B
| $36.6M | 0.05% |
892,867
+52,692
| +6% | +$2.16M |
|
385
Nasdaq
NDAQ
$54.4B
| $36.6M | 0.05% |
1,202,235
+272,874
| +29% | +$8.3M |
|
386
Verisk Analytics
VRSK
$37.5B
| $36.4M | 0.05% |
338,183
+6,278
| +2% | +$676K |
|
387
IQVIA
IQV
$32.2B
| $36.1M | 0.05% |
361,884
+7,202
| +2% | +$719K |
|
388
Vornado Realty Trust
VNO
$7.66B
| $35.8M | 0.05% |
484,537
+9,172
| +2% | +$678K |
|
|
DISCK
389
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $35.8M | 0.05% |
1,403,796
-5,953
| -0.4% | -$152K |
|
|
XL
390
DELISTED
XL Group Ltd.
XL
| $35.7M | 0.05% |
637,924
-338,172
| -35% | -$18.9M |
|
391
Blackstone
BX
$135B
| $35.6M | 0.05% |
1,108,020
-133,007
| -11% | -$4.28M |
|
|
MXIM
392
DELISTED
Maxim Integrated Products
MXIM
| $35.5M | 0.05% |
604,713
-74,836
| -11% | -$4.39M |
|
393
J.M. Smucker
SJM
$11.8B
| $35.4M | 0.05% |
329,113
+54,264
| +20% | +$5.83M |
|
394
Akamai
AKAM
$11.2B
| $35.1M | 0.05% |
479,416
+25,425
| +6% | +$1.86M |
|
395
Bunge Global
BG
$16.8B
| $35.1M | 0.05% |
503,573
+47,900
| +11% | +$3.34M |
|
|
MRO
396
DELISTED
Marathon Oil Corporation
MRO
| $34.8M | 0.05% |
1,669,359
-472,784
| -22% | -$9.86M |
|
|
WCG
397
DELISTED
Wellcare Health Plans, Inc.
WCG
| $34.8M | 0.05% |
141,346
-6,269
| -4% | -$1.54M |
|
398
Cadence Design Systems
CDNS
$98.6B
| $34.8M | 0.05% |
803,369
+152,528
| +23% | +$6.61M |
|
399
HF Sinclair
DINO
$9.81B
| $34.8M | 0.05% |
508,382
-152,169
| -23% | -$10.4M |
|
|
VIAB
400
DELISTED
Viacom Inc. Class B
VIAB
| $34.8M | 0.05% |
1,153,080
-126,819
| -10% | -$3.82M |
|