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
|
$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$60.2M |
| 3 |
DXC Technology
DXC
|
$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$47.5M |
| 5 |
Amazon
AMZN
|
$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$170M |
| 2 |
Zoetis
ZTS
|
$75.8M |
| 3 |
Yum! Brands
YUM
|
$69M |
| 4 |
Wells Fargo
WFC
|
$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
NVR
NVR
$23.5B
| $27.8M | 0.04% |
11,530
+500
| +5% | +$1.21M |
|
402
Markel Group
MKL
$24.2B
| $27.8M | 0.04% |
28,466
+1,400
| +5% | +$1.37M |
|
|
ETFC
403
DELISTED
E*Trade Financial Corporation
ETFC
| $27.7M | 0.04% |
729,030
-4,100
| -0.6% | -$156K |
|
404
Pinnacle West Capital
PNW
$10.6B
| $27.7M | 0.04% |
325,198
+7,300
| +2% | +$622K |
|
405
Domino's
DPZ
$15.7B
| $27.4M | 0.04% |
129,700
+2,400
| +2% | +$508K |
|
406
IQVIA
IQV
$31.9B
| $27.4M | 0.04% |
306,423
+9,900
| +3% | +$886K |
|
407
Expeditors International
EXPD
$16.4B
| $27.3M | 0.04% |
483,450
-3,400
| -0.7% | -$192K |
|
408
Xylem
XYL
$34.2B
| $27.3M | 0.04% |
492,500
-544,300
| -52% | -$30.2M |
|
409
Lennox International
LII
$20.3B
| $27.2M | 0.04% |
148,000
+3,600
| +2% | +$661K |
|
410
Cincinnati Financial
CINF
$24B
| $27.1M | 0.04% |
374,172
+700
| +0.2% | +$50.7K |
|
411
McCormick & Company Non-Voting
MKC
$19B
| $27.1M | 0.04% |
555,600
+9,600
| +2% | +$468K |
|
|
MRO
412
DELISTED
Marathon Oil Corporation
MRO
| $27M | 0.04% |
2,280,535
-225,700
| -9% | -$2.67M |
|
413
CarMax
KMX
$9.11B
| $26.9M | 0.04% |
427,200
+9,100
| +2% | +$574K |
|
414
Bunge Global
BG
$16.9B
| $26.9M | 0.04% |
361,022
-24,000
| -6% | -$1.79M |
|
415
Fastenal
FAST
$55.1B
| $26.8M | 0.04% |
2,466,000
+117,600
| +5% | +$1.28M |
|
416
Iron Mountain
IRM
$27.2B
| $26.7M | 0.04% |
776,874
-31,400
| -4% | -$1.08M |
|
417
Harley-Davidson
HOG
$3.67B
| $26.6M | 0.04% |
492,383
+3,500
| +0.7% | +$189K |
|
|
TIF
418
DELISTED
Tiffany & Co.
TIF
| $26.6M | 0.04% |
283,300
+16,100
| +6% | +$1.51M |
|
419
Centene
CNC
$14.2B
| $26.5M | 0.04% |
664,318
+17,000
| +3% | +$679K |
|
420
Hologic
HOLX
$14.8B
| $26.5M | 0.04% |
584,100
+22,300
| +4% | +$1.01M |
|
421
Universal Health Services
UHS
$12.1B
| $26.5M | 0.04% |
216,954
-3,900
| -2% | -$476K |
|
|
NLSN
422
DELISTED
Nielsen Holdings plc
NLSN
| $26.4M | 0.04% |
682,400
+21,500
| +3% | +$831K |
|
423
Brown-Forman Class B
BF.B
$13.7B
| $26.3M | 0.04% |
846,819
+4,375
| +0.5% | +$136K |
|
424
Interpublic Group of Companies
IPG
$9.94B
| $26.3M | 0.04% |
1,070,474
-4,600
| -0.4% | -$113K |
|
425
Mid-America Apartment Communities
MAA
$17B
| $26.2M | 0.04% |
248,733
+5,100
| +2% | +$537K |
|