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 |
Coty
COTY
|
$42M |
| 2 |
Yum China
YUMC
|
$22.3M |
| 3 |
Howmet Aerospace
HWM
|
$19M |
| 4 |
Adient
ADNT
|
$11.5M |
| 5 |
Lamb Weston
LW
|
$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Synchrony
SYF
|
$72.8M |
| 3 |
Microsoft
MSFT
|
$68.4M |
| 4 |
JPMorgan Chase
JPM
|
$63.7M |
| 5 |
Exxon Mobil
XOM
|
$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANDV
401
DELISTED
Andeavor
ANDV
| $26.2M | 0.04% |
300,052
-6,900
| -2% | -$603K |
|
402
Reinsurance Group of America
RGA
$12.8B
| $26.2M | 0.04% |
208,300
-11,900
| -5% | -$1.5M |
|
403
Bread Financial
BFH
$3.09B
| $26.2M | 0.04% |
143,569
-13,674
| -9% | -$2.49M |
|
|
ETFC
404
DELISTED
E*Trade Financial Corporation
ETFC
| $26M | 0.04% |
750,130
-48,200
| -6% | -$1.67M |
|
|
XEC
405
DELISTED
CIMAREX ENERGY CO
XEC
| $25.9M | 0.04% |
190,500
-11,200
| -6% | -$1.52M |
|
406
Arch Capital
ACGL
$34.1B
| $25.9M | 0.04% |
899,100
-75,900
| -8% | -$2.18M |
|
|
MXIM
407
DELISTED
Maxim Integrated Products
MXIM
| $25.9M | 0.04% |
670,200
-52,600
| -7% | -$2.03M |
|
408
Waters Corp
WAT
$18.2B
| $25.8M | 0.04% |
192,300
-24,500
| -11% | -$3.29M |
|
409
Oneok
OKE
$45.7B
| $25.8M | 0.04% |
449,800
-59,900
| -12% | -$3.44M |
|
410
Pentair
PNR
$18.1B
| $25.8M | 0.04% |
684,642
-31,120
| -4% | -$1.17M |
|
411
Interpublic Group of Companies
IPG
$9.94B
| $25.6M | 0.04% |
1,093,774
-96,300
| -8% | -$2.25M |
|
|
DISH
412
DELISTED
DISH Network Corp.
DISH
| $25.5M | 0.04% |
440,600
-17,200
| -4% | -$996K |
|
413
Foot Locker
FL
$2.29B
| $25.5M | 0.04% |
359,364
-26,400
| -7% | -$1.87M |
|
414
Murphy Oil
MUR
$3.56B
| $25.5M | 0.04% |
817,898
+19,000
| +2% | +$591K |
|
415
Mid-America Apartment Communities
MAA
$17B
| $25.4M | 0.04% |
259,754
+64,012
| +33% | +$6.27M |
|
416
Mohawk Industries
MHK
$8.65B
| $25.4M | 0.04% |
127,200
-13,600
| -10% | -$2.72M |
|
417
Verisk Analytics
VRSK
$37.8B
| $25.4M | 0.04% |
312,400
-17,540
| -5% | -$1.42M |
|
418
F5
FFIV
$18.1B
| $25.3M | 0.04% |
174,900
+300
| +0.2% | +$43.4K |
|
419
Jefferies Financial Group
JEF
$13.1B
| $25.3M | 0.04% |
1,214,430
+146,232
| +14% | +$3.04M |
|
420
SBA Communications
SBAC
$21.2B
| $25.3M | 0.04% |
244,700
-16,845
| -6% | -$1.74M |
|
421
VeriSign
VRSN
$26.2B
| $25.1M | 0.04% |
329,300
-22,902
| -7% | -$1.74M |
|
422
Eastman Chemical
EMN
$7.93B
| $25M | 0.04% |
333,056
-20,000
| -6% | -$1.5M |
|
423
Markel Group
MKL
$24.2B
| $25M | 0.04% |
27,666
-3,050
| -10% | -$2.76M |
|
424
Xerox
XRX
$493M
| $25M | 0.04% |
1,086,946
-6,186
| -0.6% | -$142K |
|
|
Y
425
DELISTED
Alleghany Corporation
Y
| $24.9M | 0.04% |
41,000
-400
| -1% | -$243K |
|