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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
VAR
426
DELISTED
Varian Medical Systems, Inc.
VAR
| $26.1M | 0.04% |
253,200
+2,600
| +1% | +$268K |
|
427
MSCI
MSCI
$44.5B
| $26.1M | 0.04% |
253,100
+4,500
| +2% | +$463K |
|
428
Verisk Analytics
VRSK
$38.1B
| $25.9M | 0.04% |
307,400
+6,200
| +2% | +$523K |
|
|
ANSS
429
DELISTED
Ansys
ANSS
| $25.9M | 0.04% |
213,100
+19,400
| +10% | +$2.36M |
|
430
Cooper Companies
COO
$13.7B
| $25.9M | 0.04% |
432,800
-6,000
| -1% | -$359K |
|
|
DISH
431
DELISTED
DISH Network Corp.
DISH
| $25.8M | 0.04% |
411,500
+8,700
| +2% | +$546K |
|
432
ManpowerGroup
MAN
$1.78B
| $25.8M | 0.04% |
230,950
+8,800
| +4% | +$983K |
|
433
Chipotle Mexican Grill
CMG
$52.9B
| $25.7M | 0.04% |
3,085,000
+195,000
| +7% | +$1.62M |
|
434
Jefferies Financial Group
JEF
$13.2B
| $25.6M | 0.04% |
1,094,450
-92,052
| -8% | -$2.16M |
|
435
AGNC Investment
AGNC
$10.8B
| $25.4M | 0.04% |
1,193,700
-20,500
| -2% | -$436K |
|
436
D.R. Horton
DHI
$53B
| $25.4M | 0.04% |
733,800
-4,600
| -0.6% | -$159K |
|
437
A.O. Smith
AOS
$10.4B
| $25.3M | 0.04% |
449,700
+11,300
| +3% | +$637K |
|
438
Wynn Resorts
WYNN
$12.8B
| $25.3M | 0.04% |
188,500
+2,400
| +1% | +$322K |
|
439
Zions Bancorporation
ZION
$8.42B
| $25.3M | 0.04% |
575,600
-658,900
| -53% | -$28.9M |
|
440
C.H. Robinson
CHRW
$14.9B
| $25.2M | 0.04% |
366,992
-4,900
| -1% | -$337K |
|
441
Packaging Corp of America
PKG
$19.4B
| $25.2M | 0.04% |
226,200
+3,100
| +1% | +$345K |
|
442
TransDigm Group
TDG
$72.9B
| $25.2M | 0.04% |
93,700
-6,200
| -6% | -$1.67M |
|
443
Reinsurance Group of America
RGA
$12.7B
| $25.2M | 0.04% |
195,900
-6,200
| -3% | -$796K |
|
444
Goodyear
GT
$2.45B
| $25M | 0.04% |
715,000
-26,200
| -4% | -$916K |
|
445
Martin Marietta Materials
MLM
$37.8B
| $24.8M | 0.04% |
111,480
-5,100
| -4% | -$1.14M |
|
446
Flex
FLEX
$20.9B
| $24.8M | 0.04% |
2,017,305
-45,251
| -2% | -$556K |
|
447
United Rentals
URI
$62.4B
| $24.6M | 0.04% |
217,900
-5,900
| -3% | -$665K |
|
448
Albemarle
ALB
$8.54B
| $24.6M | 0.04% |
232,696
+3,300
| +1% | +$348K |
|
449
VeriSign
VRSN
$26.4B
| $24.6M | 0.04% |
264,100
-51,600
| -16% | -$4.8M |
|
450
Hilton Worldwide
HLT
$65.3B
| $24.5M | 0.04% |
396,158
+87,500
| +28% | +$5.41M |
|