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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
AXIS Capital
AXS
$7.69B
| $30.7M | 0.04% |
650,145
+229,731
| +55% | +$10.8M |
|
427
Voya Financial
VOYA
$7.44B
| $30.5M | 0.04% |
+856,570
| New | +$30.5M |
|
|
JWN
428
DELISTED
Nordstrom
JWN
| $30.4M | 0.04% |
493,659
+54,346
| +12% | +$3.35M |
|
|
SNI
429
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $30.4M | 0.04% |
357,922
+79,300
| +28% | +$6.73M |
|
430
Vale
VALE
$43.6B
| $30.4M | 0.04% |
+2,063,097
| New | +$30.4M |
|
431
Marriott International Class A Common Stock
MAR
$72.9B
| $30.2M | 0.04% |
617,506
-89,163
| -13% | -$4.36M |
|
432
Akamai
AKAM
$11B
| $30M | 0.04% |
635,050
+113,162
| +22% | +$5.35M |
|
433
United Therapeutics
UTHR
$17.2B
| $30M | 0.04% |
268,083
+119,647
| +81% | +$13.4M |
|
|
COL
434
DELISTED
Rockwell Collins
COL
| $30M | 0.04% |
405,035
+6,252
| +2% | +$463K |
|
435
Pitney Bowes
PBI
$2.09B
| $30M | 0.04% |
1,261,443
+144,107
| +13% | +$3.43M |
|
|
GGP
436
DELISTED
GGP Inc.
GGP
| $30M | 0.04% |
1,480,998
+138,263
| +10% | +$2.8M |
|
437
Nasdaq
NDAQ
$53.9B
| $30M | 0.04% |
2,248,776
+945,900
| +73% | +$12.6M |
|
438
SLM Corp
SLM
$6.53B
| $29.9M | 0.04% |
3,211,581
+10,272
| +0.3% | +$95.6K |
|
|
VMW
439
DELISTED
VMware, Inc
VMW
| $29.7M | 0.04% |
334,640
+124,240
| +59% | +$11M |
|
|
PCL
440
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $29.7M | 0.04% |
642,414
+136,249
| +27% | +$6.3M |
|
441
Mohawk Industries
MHK
$8.3B
| $29.7M | 0.04% |
202,988
+42,288
| +26% | +$6.19M |
|
442
Henry Schein
HSIC
$8.25B
| $29.6M | 0.04% |
661,534
+23,205
| +4% | +$1.04M |
|
443
Oneok
OKE
$46.6B
| $29.6M | 0.04% |
562,984
-24,045
| -4% | -$1.27M |
|
|
SRCL
444
DELISTED
Stericycle Inc
SRCL
| $29.6M | 0.04% |
256,496
+58,180
| +29% | +$6.71M |
|
445
Celanese
CE
$5B
| $29.3M | 0.04% |
530,014
+61,300
| +13% | +$3.38M |
|
|
SIAL
446
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $28.8M | 0.04% |
312,051
+16,580
| +6% | +$1.53M |
|
|
VAR
447
DELISTED
Varian Medical Systems, Inc.
VAR
| $28.8M | 0.04% |
427,301
+102,717
| +32% | +$6.91M |
|
448
Packaging Corp of America
PKG
$19.4B
| $28.6M | 0.04% |
452,699
+159,747
| +55% | +$10.1M |
|
449
Ameren
AEE
$27.2B
| $28.6M | 0.04% |
794,600
+28,634
| +4% | +$1.03M |
|
|
PETM
450
DELISTED
PETSMART INC
PETM
| $28.5M | 0.04% |
389,485
+83,700
| +27% | +$6.13M |
|