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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
BorgWarner
BWA
$9.61B
| $27.8M | 0.04% |
615,986
+14,474
| +2% | +$653K |
|
427
Fidelity National Financial
FNF
$16.4B
| $27.7M | 0.04% |
842,117
+90,948
| +12% | +$3M |
|
|
TSS
428
DELISTED
Total System Services, Inc.
TSS
| $27.7M | 0.04% |
423,194
+25,294
| +6% | +$1.66M |
|
|
ANSS
429
DELISTED
Ansys
ANSS
| $27.7M | 0.04% |
225,651
+12,551
| +6% | +$1.54M |
|
430
Alaska Air
ALK
$7.34B
| $27.7M | 0.04% |
362,809
-883
| -0.2% | -$67.3K |
|
431
Bread Financial
BFH
$3.06B
| $27.7M | 0.04% |
156,431
+8,477
| +6% | +$1.5M |
|
432
Packaging Corp of America
PKG
$19.4B
| $27.6M | 0.04% |
240,395
+14,195
| +6% | +$1.63M |
|
433
Zions Bancorporation
ZION
$8.42B
| $27.5M | 0.04% |
582,012
+6,412
| +1% | +$303K |
|
434
Autoliv
ALV
$9.74B
| $27.5M | 0.04% |
308,286
+13,851
| +5% | +$1.23M |
|
435
FMC
FMC
$4.73B
| $27.4M | 0.04% |
354,363
+13,882
| +4% | +$1.08M |
|
|
TWTR
436
DELISTED
Twitter, Inc.
TWTR
| $27.3M | 0.04% |
1,616,666
-734
| -0% | -$12.4K |
|
437
Alcoa
AA
$8.3B
| $27.1M | 0.04% |
581,940
+137,164
| +31% | +$6.39M |
|
|
VAR
438
DELISTED
Varian Medical Systems, Inc.
VAR
| $27.1M | 0.04% |
270,898
+17,698
| +7% | +$1.77M |
|
|
AMTD
439
DELISTED
TD Ameritrade Holding Corp
AMTD
| $27.1M | 0.04% |
554,421
+13,521
| +2% | +$660K |
|
|
TIF
440
DELISTED
Tiffany & Co.
TIF
| $27M | 0.04% |
294,088
+10,788
| +4% | +$990K |
|
|
GGP
441
DELISTED
GGP Inc.
GGP
| $27M | 0.04% |
1,297,545
+94,883
| +8% | +$1.97M |
|
442
Hasbro
HAS
$11.1B
| $26.9M | 0.04% |
275,793
+15,259
| +6% | +$1.49M |
|
443
Verisk Analytics
VRSK
$38.1B
| $26.7M | 0.04% |
320,375
+12,975
| +4% | +$1.08M |
|
444
CF Industries
CF
$13.7B
| $26.6M | 0.04% |
757,036
-4,374
| -0.6% | -$154K |
|
445
Huntington Ingalls Industries
HII
$10.6B
| $26.6M | 0.04% |
117,464
+10,064
| +9% | +$2.28M |
|
446
Brookfield Infrastructure Partners
BIP
$14.4B
| $26.6M | 0.04% |
1,034,388
+105,264
| +11% | +$2.7M |
|
447
HF Sinclair
DINO
$9.56B
| $26.5M | 0.04% |
736,735
+12,435
| +2% | +$447K |
|
448
A.O. Smith
AOS
$10.4B
| $26.5M | 0.04% |
445,144
-4,556
| -1% | -$271K |
|
|
GAP
449
The Gap, Inc.
GAP
$8.96B
| $26.4M | 0.04% |
893,708
+36,083
| +4% | +$1.07M |
|
450
Corpay
CPAY
$22B
| $26.3M | 0.04% |
170,177
+7,377
| +5% | +$1.14M |
|