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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Brown-Forman Class B
BF.B
$12.9B
| $24.9M | 0.04% |
842,444
-23,906
| -3% | -$707K |
|
|
ANDV
427
DELISTED
Andeavor
ANDV
| $24.9M | 0.04% |
306,752
+6,700
| +2% | +$543K |
|
428
Mid-America Apartment Communities
MAA
$16.6B
| $24.8M | 0.04% |
243,633
-16,121
| -6% | -$1.64M |
|
429
CarMax
KMX
$8.88B
| $24.8M | 0.04% |
418,100
-17,700
| -4% | -$1.05M |
|
430
Ametek
AME
$43.3B
| $24.7M | 0.04% |
457,500
-18,800
| -4% | -$1.02M |
|
431
Dell
DELL
$84.2B
| $24.7M | 0.04% |
1,372,488
-100,697
| -7% | -$1.81M |
|
432
D.R. Horton
DHI
$52.5B
| $24.6M | 0.04% |
738,400
-9,800
| -1% | -$326K |
|
433
F5
FFIV
$18.8B
| $24.6M | 0.04% |
172,500
-2,400
| -1% | -$342K |
|
|
OKS
434
DELISTED
Oneok Partners LP
OKS
| $24.5M | 0.04% |
454,600
+88,200
| +24% | +$4.76M |
|
435
Masco
MAS
$15.3B
| $24.5M | 0.04% |
721,600
-11,400
| -2% | -$387K |
|
436
Verisk Analytics
VRSK
$36.7B
| $24.4M | 0.04% |
301,200
-11,200
| -4% | -$909K |
|
|
CHK
437
DELISTED
Chesapeake Energy Corporation
CHK
| $24.4M | 0.04% |
20,543
-6,649
| -24% | -$7.9M |
|
438
Albemarle
ALB
$8.63B
| $24.2M | 0.04% |
229,396
-12,033
| -5% | -$1.27M |
|
439
MSCI
MSCI
$43.6B
| $24.2M | 0.04% |
248,600
-4,300
| -2% | -$418K |
|
440
Lennox International
LII
$19.6B
| $24.2M | 0.04% |
144,400
-4,700
| -3% | -$786K |
|
441
AGNC Investment
AGNC
$10.7B
| $24.2M | 0.04% |
1,214,200
+4,400
| +0.4% | +$87.5K |
|
442
ServiceNow
NOW
$192B
| $24.1M | 0.04% |
276,000
-14,000
| -5% | -$1.22M |
|
443
NETSCOUT
NTCT
$1.8B
| $24.1M | 0.04% |
635,787
-20,400
| -3% | -$774K |
|
|
BBBY
444
DELISTED
Bed Bath & Beyond Inc
BBBY
| $24M | 0.04% |
609,098
+13,700
| +2% | +$541K |
|
|
WFM
445
DELISTED
Whole Foods Market Inc
WFM
| $24M | 0.04% |
808,500
+34,300
| +4% | +$1.02M |
|
446
Advance Auto Parts
AAP
$3.55B
| $24M | 0.04% |
161,983
-3,100
| -2% | -$460K |
|
447
Pediatrix Medical
MD
$1.44B
| $24M | 0.04% |
345,400
-14,100
| -4% | -$978K |
|
448
Corpay
CPAY
$21.5B
| $23.9M | 0.04% |
158,000
+13,500
| +9% | +$2.04M |
|
449
Hologic
HOLX
$14.6B
| $23.9M | 0.04% |
561,800
-21,700
| -4% | -$923K |
|
450
IQVIA
IQV
$31.3B
| $23.9M | 0.04% |
296,523
-200
| -0.1% | -$16.1K |
|