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 |
Coca-Cola
KO
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
TransDigm Group
TDG
$72.5B
| $31.9M | 0.04% |
93,856
-9,210
| -9% | -$3.13M |
|
402
H&R Block
HRB
$6.73B
| $31.9M | 0.04% |
1,256,548
+329,647
| +36% | +$8.36M |
|
403
Host Hotels & Resorts
HST
$12.1B
| $31.7M | 0.04% |
1,899,197
-42,961
| -2% | -$716K |
|
404
SL Green Realty
SLG
$4.29B
| $31.6M | 0.04% |
412,619
+70,513
| +21% | +$5.4M |
|
405
Cardinal Health
CAH
$35.6B
| $31.6M | 0.04% |
708,161
-162,387
| -19% | -$7.24M |
|
|
WCG
406
DELISTED
Wellcare Health Plans, Inc.
WCG
| $31.5M | 0.04% |
133,527
-6,563
| -5% | -$1.55M |
|
407
Global Payments
GPN
$20.6B
| $31.4M | 0.04% |
304,873
+6,514
| +2% | +$672K |
|
|
FLIR
408
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $31.4M | 0.04% |
721,886
+163,360
| +29% | +$7.11M |
|
|
LPT
409
DELISTED
Liberty Property Trust
LPT
| $31.2M | 0.04% |
745,943
+228,931
| +44% | +$9.59M |
|
410
Rollins
ROL
$27.3B
| $31.2M | 0.04% |
1,296,600
+314,599
| +32% | +$7.57M |
|
411
Chipotle Mexican Grill
CMG
$51.9B
| $31.2M | 0.04% |
3,610,350
-313,800
| -8% | -$2.71M |
|
412
Celanese
CE
$4.84B
| $30.9M | 0.04% |
343,189
-7,518
| -2% | -$676K |
|
|
PBCT
413
DELISTED
People's United Financial Inc
PBCT
| $30.8M | 0.04% |
2,137,223
+520,941
| +32% | +$7.52M |
|
414
Freeport-McMoran
FCX
$64.4B
| $30.7M | 0.04% |
2,981,292
-105,234
| -3% | -$1.08M |
|
415
MPLX
MPLX
$50.8B
| $30.6M | 0.04% |
1,011,106
-85,488
| -8% | -$2.59M |
|
|
HES
416
DELISTED
Hess
HES
| $30.6M | 0.04% |
756,271
-42,574
| -5% | -$1.72M |
|
417
Advanced Micro Devices
AMD
$259B
| $30.3M | 0.04% |
1,640,498
+94,287
| +6% | +$1.74M |
|
418
Liberty Global Class C
LBTYK
$3.99B
| $30.2M | 0.04% |
1,463,362
-155,421
| -10% | -$3.21M |
|
419
Western Digital
WDC
$33B
| $30.2M | 0.04% |
1,078,924
-23,667
| -2% | -$661K |
|
420
Mettler-Toledo International
MTD
$25.8B
| $30.1M | 0.04% |
53,160
-4,125
| -7% | -$2.33M |
|
421
KLA
KLAC
$123B
| $29.8M | 0.04% |
333,423
-18,273
| -5% | -$1.64M |
|
422
Comerica
CMA
$8.9B
| $29.6M | 0.04% |
431,352
-47,215
| -10% | -$3.24M |
|
423
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $29.6M | 0.04% |
365,327
+141,869
| +63% | +$11.5M |
|
424
ResMed
RMD
$39.6B
| $29.6M | 0.04% |
259,961
-18,212
| -7% | -$2.07M |
|
425
Fastenal
FAST
$55.1B
| $29.4M | 0.04% |
2,250,284
-151,216
| -6% | -$1.98M |
|