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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Gartner
IT
$18.7B
| $33.5M | 0.05% |
271,786
+26,490
| +11% | +$3.26M |
|
|
WRK
402
DELISTED
WestRock Company
WRK
| $33.4M | 0.05% |
528,191
-18,113
| -3% | -$1.14M |
|
403
CF Industries
CF
$13.7B
| $33.1M | 0.04% |
778,597
+21,561
| +3% | +$917K |
|
404
Bread Financial
BFH
$3B
| $33M | 0.04% |
163,369
+6,938
| +4% | +$1.4M |
|
405
Baker Hughes
BKR
$44.8B
| $33M | 0.04% |
1,043,593
+123,775
| +13% | +$3.92M |
|
406
Whirlpool
WHR
$5.24B
| $32.9M | 0.04% |
195,026
+8,831
| +5% | +$1.49M |
|
407
Wynn Resorts
WYNN
$12.6B
| $32.9M | 0.04% |
195,063
+2,923
| +2% | +$493K |
|
|
GGP
408
DELISTED
GGP Inc.
GGP
| $32.9M | 0.04% |
1,405,882
+108,337
| +8% | +$2.53M |
|
|
GAP
409
The Gap, Inc.
GAP
$8.94B
| $32.7M | 0.04% |
960,986
+67,278
| +8% | +$2.29M |
|
410
Expeditors International
EXPD
$16.4B
| $32.7M | 0.04% |
505,731
-2,921
| -0.6% | -$189K |
|
411
Ulta Beauty
ULTA
$23B
| $32.7M | 0.04% |
146,267
+9,524
| +7% | +$2.13M |
|
412
Henry Schein
HSIC
$8.2B
| $32.7M | 0.04% |
596,377
+27,883
| +5% | +$1.53M |
|
413
Hilton Worldwide
HLT
$64.7B
| $32.6M | 0.04% |
408,564
-14,043
| -3% | -$1.12M |
|
414
Iron Mountain
IRM
$28.6B
| $32.5M | 0.04% |
861,757
+54,182
| +7% | +$2.04M |
|
415
Tapestry
TPR
$21.9B
| $32.5M | 0.04% |
734,773
+11,989
| +2% | +$530K |
|
416
Brown-Forman Class B
BF.B
$13B
| $32.4M | 0.04% |
737,531
-122,457
| -14% | -$5.38M |
|
417
BioMarin Pharmaceuticals
BMRN
$10.7B
| $32.3M | 0.04% |
362,700
+30,200
| +9% | +$2.69M |
|
418
Albemarle
ALB
$8.54B
| $32.2M | 0.04% |
251,570
+7,422
| +3% | +$949K |
|
419
Church & Dwight Co
CHD
$23.1B
| $32.1M | 0.04% |
638,859
+36,967
| +6% | +$1.85M |
|
420
Pentair
PNR
$17.9B
| $31.7M | 0.04% |
669,255
+8,350
| +1% | +$396K |
|
421
Newell Brands
NWL
$2.61B
| $31.7M | 0.04% |
1,027,129
-9,162
| -0.9% | -$283K |
|
|
TIF
422
DELISTED
Tiffany & Co.
TIF
| $31.6M | 0.04% |
303,873
+9,785
| +3% | +$1.02M |
|
423
VeriSign
VRSN
$26.7B
| $31.6M | 0.04% |
276,004
-55
| -0% | -$6.29K |
|
424
Lennox International
LII
$19.6B
| $31.6M | 0.04% |
151,538
+4,936
| +3% | +$1.03M |
|
425
Healthpeak Properties
DOC
$12.6B
| $31.5M | 0.04% |
1,209,270
+44,822
| +4% | +$1.17M |
|