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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Henry Schein
HSIC
$8.2B
| $34.6M | 0.05% |
608,025
+53,879
| +10% | +$3.07M |
|
402
Bread Financial
BFH
$3B
| $34.5M | 0.05% |
185,379
+15,946
| +9% | +$2.97M |
|
403
Reinsurance Group of America
RGA
$12.6B
| $34.4M | 0.05% |
257,530
+64,555
| +33% | +$8.62M |
|
404
Macy's
M
$4.61B
| $34.2M | 0.05% |
914,794
-349,409
| -28% | -$13.1M |
|
405
SiriusXM
SIRI
$8.17B
| $34.2M | 0.05% |
505,657
+90,293
| +22% | +$6.11M |
|
|
VAR
406
DELISTED
Varian Medical Systems, Inc.
VAR
| $34.1M | 0.05% |
300,067
+50,626
| +20% | +$5.76M |
|
407
Masco
MAS
$15.4B
| $34M | 0.05% |
908,853
-4,965
| -0.5% | -$186K |
|
408
Evergy
EVRG
$16.4B
| $34M | 0.05% |
+605,075
| New | +$34M |
|
409
lululemon athletica
LULU
$19.6B
| $33.7M | 0.05% |
270,311
-14,724
| -5% | -$1.84M |
|
410
Hasbro
HAS
$11B
| $33.7M | 0.05% |
364,866
+103,135
| +39% | +$9.52M |
|
411
Wynn Resorts
WYNN
$12.6B
| $33.6M | 0.05% |
200,512
+16,910
| +9% | +$2.83M |
|
412
Ametek
AME
$43.3B
| $33.5M | 0.05% |
464,029
-32,235
| -6% | -$2.33M |
|
413
MPLX
MPLX
$51B
| $33.4M | 0.05% |
978,324
+452,418
| +86% | +$15.4M |
|
414
Vail Resorts
MTN
$5.48B
| $33.3M | 0.05% |
121,597
+24,941
| +26% | +$6.84M |
|
415
Corpay
CPAY
$22.1B
| $33.3M | 0.05% |
158,148
-10,778
| -6% | -$2.27M |
|
416
Dover
DOV
$24B
| $33.2M | 0.05% |
453,099
-88,023
| -16% | -$6.44M |
|
|
MMP
417
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $33.1M | 0.05% |
479,126
-33,611
| -7% | -$2.32M |
|
418
Capri Holdings
CPRI
$2.54B
| $33M | 0.05% |
496,163
-96,857
| -16% | -$6.45M |
|
419
Mid-America Apartment Communities
MAA
$17B
| $32.8M | 0.05% |
325,565
+59,603
| +22% | +$6M |
|
420
Chipotle Mexican Grill
CMG
$52.9B
| $32.6M | 0.05% |
3,782,050
-524,700
| -12% | -$4.53M |
|
421
Huntington Ingalls Industries
HII
$10.5B
| $32.6M | 0.05% |
150,383
+30,261
| +25% | +$6.56M |
|
422
MGM Resorts International
MGM
$9.8B
| $32.5M | 0.05% |
1,120,202
+2,286
| +0.2% | +$66.4K |
|
423
UGI
UGI
$7.36B
| $32.3M | 0.04% |
620,857
+177,570
| +40% | +$9.25M |
|
424
Cincinnati Financial
CINF
$24B
| $32.2M | 0.04% |
482,339
+96,427
| +25% | +$6.45M |
|
425
Western Union
WU
$2.79B
| $32.2M | 0.04% |
1,581,418
+6,866
| +0.4% | +$140K |
|