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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
AT&T
T
|
$53.9M |
| 5 |
Alibaba
BABA
|
$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
eBay
EBAY
|
$105M |
| 5 |
Apple
AAPL
|
$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Global Payments
GPN
$21.3B
| $28.4M | 0.05% |
495,200
-14,200
| -3% | -$815K |
|
402
Hologic
HOLX
$14.8B
| $28.2M | 0.05% |
719,900
-12,100
| -2% | -$473K |
|
403
Everest Group
EG
$14.3B
| $28.2M | 0.05% |
162,446
-6,600
| -4% | -$1.14M |
|
404
Agilent Technologies
A
$36.5B
| $28M | 0.05% |
816,900
-45,900
| -5% | -$1.58M |
|
405
Unum
UNM
$12.6B
| $28M | 0.05% |
873,886
-30,800
| -3% | -$988K |
|
406
Verisk Analytics
VRSK
$37.8B
| $28M | 0.05% |
378,740
-11,000
| -3% | -$813K |
|
|
TWTR
407
DELISTED
Twitter, Inc.
TWTR
| $27.9M | 0.05% |
1,036,800
-34,900
| -3% | -$940K |
|
408
Dover
DOV
$24.4B
| $27.9M | 0.05% |
604,327
-10,152
| -2% | -$469K |
|
409
SL Green Realty
SLG
$4.4B
| $27.9M | 0.05% |
266,384
-413
| -0.2% | -$43.2K |
|
410
NetApp
NTAP
$23.7B
| $27.9M | 0.05% |
941,216
+2,700
| +0.3% | +$79.9K |
|
411
Quest Diagnostics
DGX
$20.5B
| $27.6M | 0.05% |
448,220
-13,000
| -3% | -$799K |
|
412
Textron
TXT
$14.5B
| $27.5M | 0.05% |
730,900
-26,100
| -3% | -$982K |
|
413
Expeditors International
EXPD
$16.4B
| $27.5M | 0.05% |
584,650
+5,200
| +0.9% | +$245K |
|
414
Federal Realty Investment Trust
FRT
$8.86B
| $27.5M | 0.05% |
201,574
+900
| +0.4% | +$123K |
|
415
Arch Capital
ACGL
$34.1B
| $27.4M | 0.05% |
1,118,100
-5,700
| -0.5% | -$140K |
|
416
T-Mobile US
TMUS
$284B
| $27.3M | 0.05% |
685,600
+36,500
| +6% | +$1.45M |
|
417
Celanese
CE
$5.34B
| $27.1M | 0.05% |
457,314
-13,200
| -3% | -$781K |
|
418
Huntington Bancshares
HBAN
$25.7B
| $27M | 0.05% |
2,545,882
+351
| +0% | +$3.72K |
|
419
Snap-on
SNA
$17.1B
| $27M | 0.05% |
178,681
-3,100
| -2% | -$468K |
|
420
Kohl's
KSS
$1.86B
| $26.9M | 0.05% |
580,694
-39,900
| -6% | -$1.85M |
|
421
Cincinnati Financial
CINF
$24B
| $26.9M | 0.05% |
499,772
+17,900
| +4% | +$963K |
|
|
CXO
422
DELISTED
CONCHO RESOURCES INC.
CXO
| $26.8M | 0.05% |
272,600
-9,100
| -3% | -$895K |
|
423
Kimco Realty
KIM
$15.4B
| $26.7M | 0.05% |
1,091,086
-4,000
| -0.4% | -$97.7K |
|
424
Autoliv
ALV
$9.58B
| $26.6M | 0.05% |
338,851
-11,382
| -3% | -$894K |
|
425
Amdocs
DOX
$9.46B
| $26.6M | 0.05% |
467,250
-8,200
| -2% | -$466K |
|