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 |
Fortive
FTV
|
$29.3M |
| 2 |
Johnson Controls International
JCI
|
$24.2M |
| 3 |
Procter & Gamble
PG
|
$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 5 |
Dell
DELL
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
JPMorgan Chase
JPM
|
$51M |
| 5 |
Comcast
CMCSA
|
$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Lear
LEA
$5.77B
| $27.5M | 0.05% |
227,200
-28,700
| -11% | -$3.48M |
|
402
Brown-Forman Class B
BF.B
$13.3B
| $27.4M | 0.05% |
578,164
+254,682
| +79% | -$3.26M |
|
|
WRK
403
DELISTED
WestRock Company
WRK
| $27.3M | 0.04% |
563,354
-30,900
| -5% | -$1.5M |
|
404
Tapestry
TPR
$21.7B
| $27.3M | 0.04% |
746,811
-36,000
| -5% | -$1.32M |
|
|
FRC
405
DELISTED
First Republic Bank
FRC
| $27.3M | 0.04% |
353,500
-25,400
| -7% | -$1.96M |
|
|
XEC
406
DELISTED
CIMAREX ENERGY CO
XEC
| $27.1M | 0.04% |
201,700
-13,300
| -6% | -$1.79M |
|
407
Chipotle Mexican Grill
CMG
$56B
| $27M | 0.04% |
63,700
-4,300
| -6% | -$1.82M |
|
408
Fastenal
FAST
$56.8B
| $27M | 0.04% |
645,200
-47,300
| -7% | -$1.98M |
|
409
Bread Financial
BFH
$3.07B
| $26.9M | 0.04% |
125,493
-7,900
| -6% | -$1.69M |
|
410
Federal Realty Investment Trust
FRT
$8.63B
| $26.9M | 0.04% |
174,674
-10,100
| -5% | -$1.55M |
|
411
Everest Group
EG
$14.6B
| $26.9M | 0.04% |
141,446
-9,800
| -6% | -$1.86M |
|
412
Verisk Analytics
VRSK
$37.5B
| $26.8M | 0.04% |
329,940
-20,100
| -6% | -$1.63M |
|
413
Travel + Leisure Co
TNL
$4.06B
| $26.8M | 0.04% |
397,887
-7,600
| -2% | -$512K |
|
414
Perrigo
PRGO
$3.21B
| $26.8M | 0.04% |
290,000
-19,000
| -6% | -$1.75M |
|
415
Royal Caribbean
RCL
$96.4B
| $26.6M | 0.04% |
355,400
-46,700
| -12% | -$3.5M |
|
416
Kohl's
KSS
$1.78B
| $26.6M | 0.04% |
608,694
-12,400
| -2% | -$542K |
|
417
Interpublic Group of Companies
IPG
$9.69B
| $26.6M | 0.04% |
1,190,074
-101,800
| -8% | -$2.28M |
|
418
AES
AES
$9.42B
| $26.5M | 0.04% |
2,059,353
-123,300
| -6% | -$1.58M |
|
|
TFCF
419
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $26.4M | 0.04% |
1,067,400
-91,700
| -8% | -$2.27M |
|
420
Celanese
CE
$4.89B
| $26.2M | 0.04% |
394,014
-43,900
| -10% | -$2.92M |
|
421
Oneok
OKE
$46.5B
| $26.2M | 0.04% |
509,700
-14,200
| -3% | -$730K |
|
422
Foot Locker
FL
$2.3B
| $26.1M | 0.04% |
385,764
-19,500
| -5% | -$1.32M |
|
|
BBBY
423
DELISTED
Bed Bath & Beyond Inc
BBBY
| $26M | 0.04% |
603,998
-14,900
| -2% | -$642K |
|
424
Advance Auto Parts
AAP
$3.54B
| $26M | 0.04% |
174,383
-10,600
| -6% | -$1.58M |
|
425
Palo Alto Networks
PANW
$128B
| $26M | 0.04% |
163,200
+1,000
| +0.6% | +$159K |
|