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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRCL
426
DELISTED
Stericycle Inc
SRCL
| $31.6M | 0.05% |
277,496
+21,000
| +8% | +$2.39M |
|
|
HUB.B
427
DELISTED
HUBBELL INC CL-B
HUB.B
| $31.6M | 0.05% |
273,578
+13,200
| +5% | +$1.52M |
|
428
Genworth Financial
GNW
$3.5B
| $31.5M | 0.05% |
1,832,100
-325,900
| -15% | -$5.61M |
|
429
HF Sinclair
DINO
$9.81B
| $31.4M | 0.04% |
660,433
+105,011
| +19% | +$5M |
|
430
Best Buy
BBY
$16.2B
| $31.4M | 0.04% |
1,145,592
-352,410
| -24% | -$9.65M |
|
|
RHT
431
DELISTED
Red Hat Inc
RHT
| $31.3M | 0.04% |
626,788
-28,619
| -4% | -$1.43M |
|
432
Hormel Foods
HRL
$14B
| $31.2M | 0.04% |
1,301,450
+301,000
| +30% | +$7.22M |
|
433
Terex
TEX
$3.36B
| $31.2M | 0.04% |
748,528
+272,527
| +57% | +$11.3M |
|
|
WLL
434
DELISTED
Whiting Petroleum Corporation
WLL
| $31.1M | 0.04% |
1,441
-52
| -3% | -$1.12M |
|
435
Akamai
AKAM
$11.2B
| $31M | 0.04% |
568,850
-66,200
| -10% | -$3.6M |
|
436
J.M. Smucker
SJM
$11.8B
| $30.9M | 0.04% |
318,286
+9,200
| +3% | +$893K |
|
|
JWN
437
DELISTED
Nordstrom
JWN
| $30.8M | 0.04% |
491,759
-1,900
| -0.4% | -$119K |
|
438
Jazz Pharmaceuticals
JAZZ
$7.8B
| $30.7M | 0.04% |
236,326
-35,500
| -13% | -$4.62M |
|
|
PLL
439
DELISTED
PALL CORP
PLL
| $30.7M | 0.04% |
349,667
-17,100
| -5% | -$1.5M |
|
440
GameStop
GME
$10.6B
| $30.7M | 0.04% |
2,808,148
-104,408
| -4% | -$1.14M |
|
|
BEAV
441
DELISTED
B/E Aerospace Inc
BEAV
| $30.4M | 0.04% |
505,733
+13,119
| +3% | +$790K |
|
442
Packaging Corp of America
PKG
$19.3B
| $30.3M | 0.04% |
442,899
-9,800
| -2% | -$671K |
|
|
KSU
443
DELISTED
Kansas City Southern
KSU
| $30.2M | 0.04% |
304,449
+18,808
| +7% | +$1.87M |
|
444
Martin Marietta Materials
MLM
$37B
| $30.2M | 0.04% |
245,295
+59,082
| +32% | +$7.26M |
|
445
Waters Corp
WAT
$17.9B
| $30.1M | 0.04% |
270,407
+22,803
| +9% | +$2.54M |
|
446
Herc Holdings
HRI
$4.44B
| $30M | 0.04% |
380,367
-24,933
| -6% | -$1.96M |
|
447
Celanese
CE
$4.89B
| $29.9M | 0.04% |
537,914
+7,900
| +1% | +$439K |
|
448
Hanesbrands
HBI
$2.25B
| $29.8M | 0.04% |
1,628,776
-163,596
| -9% | -$2.99M |
|
449
Royal Caribbean
RCL
$93.8B
| $29.8M | 0.04% |
564,325
+8
| +0% | +$422 |
|
450
Stanley Black & Decker
SWK
$11.9B
| $29.6M | 0.04% |
375,384
-46,700
| -11% | -$3.68M |
|