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 |
S&P Global
SPGI
|
$81.9M |
| 2 |
Charter Communications
CHTR
|
$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
$37.6M |
| 4 |
Baxter International
BAX
|
$26.4M |
| 5 |
Newell Brands
NWL
|
$18.6M |
Top Sells
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
$39.2M |
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DISH
426
DELISTED
DISH Network Corp.
DISH
| $26M | 0.04% |
497,100
-8,600
| -2% | -$451K |
|
427
Lear
LEA
$5.91B
| $26M | 0.04% |
255,900
-3,400
| -1% | -$346K |
|
428
Alaska Air
ALK
$7.28B
| $25.9M | 0.04% |
444,692
-9,100
| -2% | -$530K |
|
429
Xylem
XYL
$34.2B
| $25.8M | 0.04% |
578,600
-11,600
| -2% | -$518K |
|
430
Murphy Oil
MUR
$3.56B
| $25.8M | 0.04% |
812,398
+7,400
| +0.9% | +$235K |
|
431
EQT Corp
EQT
$32.2B
| $25.8M | 0.04% |
611,905
-40,046
| -6% | -$1.69M |
|
432
Microchip Technology
MCHP
$35.6B
| $25.8M | 0.04% |
1,016,120
+50,120
| +5% | +$1.27M |
|
|
XEC
433
DELISTED
CIMAREX ENERGY CO
XEC
| $25.7M | 0.04% |
215,000
-3,600
| -2% | -$430K |
|
434
Autoliv
ALV
$9.63B
| $25.7M | 0.04% |
331,356
-4,303
| -1% | -$333K |
|
|
VAL
435
DELISTED
Valspar
VAL
| $25.6M | 0.04% |
237,057
+10,500
| +5% | +$1.13M |
|
436
Macy's
M
$4.64B
| $25.6M | 0.04% |
761,800
+10,600
| +1% | +$356K |
|
|
LLTC
437
DELISTED
Linear Technology Corp
LLTC
| $25.5M | 0.04% |
547,100
-17,100
| -3% | -$796K |
|
438
Ingredion
INGR
$8.24B
| $25.5M | 0.04% |
196,700
-2,200
| -1% | -$285K |
|
439
Eastman Chemical
EMN
$7.93B
| $25.4M | 0.04% |
374,456
-14,200
| -4% | -$964K |
|
440
Harley-Davidson
HOG
$3.67B
| $25.1M | 0.04% |
553,283
-22,700
| -4% | -$1.03M |
|
441
Leggett & Platt
LEG
$1.35B
| $25M | 0.04% |
488,982
-4,400
| -0.9% | -$225K |
|
442
Centene
CNC
$14.2B
| $25M | 0.04% |
699,940
-73,984
| -10% | -$2.64M |
|
443
UDR
UDR
$13B
| $24.9M | 0.04% |
675,182
-22,900
| -3% | -$845K |
|
444
Oneok
OKE
$45.7B
| $24.9M | 0.04% |
523,900
+10,500
| +2% | +$498K |
|
|
SCG
445
DELISTED
Scana
SCG
| $24.7M | 0.04% |
327,000
-17,500
| -5% | -$1.32M |
|
446
Ametek
AME
$43.3B
| $24.7M | 0.04% |
534,900
-15,600
| -3% | -$721K |
|
447
International Flavors & Fragrances
IFF
$16.9B
| $24.7M | 0.04% |
195,900
-10,500
| -5% | -$1.32M |
|
448
NVR
NVR
$23.5B
| $24.6M | 0.04% |
13,830
-500
| -3% | -$890K |
|
449
AGNC Investment
AGNC
$10.8B
| $24.6M | 0.04% |
1,241,500
-8,300
| -0.7% | -$165K |
|
|
Y
450
DELISTED
Alleghany Corporation
Y
| $24.6M | 0.04% |
44,700
-200
| -0.4% | -$110K |
|