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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
ResMed
RMD
$40.9B
| $30.7M | 0.04% |
311,477
-12,281
| -4% | -$1.21M |
|
|
VAR
427
DELISTED
Varian Medical Systems, Inc.
VAR
| $30.6M | 0.04% |
249,441
-19,129
| -7% | -$2.35M |
|
428
Realty Income
O
$54B
| $30.5M | 0.04% |
609,125
-65,052
| -10% | -$3.26M |
|
429
Mercado Libre
MELI
$119B
| $30.4M | 0.04% |
85,340
-6,563
| -7% | -$2.34M |
|
430
Western Union
WU
$2.82B
| $30.3M | 0.04% |
1,574,552
-28,262
| -2% | -$543K |
|
|
MMP
431
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $29.9M | 0.04% |
512,737
-19,378
| -4% | -$1.13M |
|
432
Jones Lang LaSalle
JLL
$14.8B
| $29.8M | 0.04% |
170,724
+38,548
| +29% | +$6.73M |
|
433
Reinsurance Group of America
RGA
$12.7B
| $29.7M | 0.04% |
192,975
-776
| -0.4% | -$120K |
|
434
Whirlpool
WHR
$5.34B
| $29.7M | 0.04% |
193,829
-1,197
| -0.6% | -$183K |
|
435
Dell
DELL
$83.2B
| $29.6M | 0.04% |
1,440,646
-99,909
| -6% | -$2.05M |
|
436
Zions Bancorporation
ZION
$8.42B
| $29.6M | 0.04% |
561,032
-23,743
| -4% | -$1.25M |
|
437
Expedia Group
EXPE
$26.9B
| $29.6M | 0.04% |
267,666
-15,365
| -5% | -$1.7M |
|
438
Broadridge
BR
$29.7B
| $29.5M | 0.04% |
268,652
-8,828
| -3% | -$968K |
|
439
Henry Schein
HSIC
$8.21B
| $29.2M | 0.04% |
554,146
-42,231
| -7% | -$2.23M |
|
440
Mohawk Industries
MHK
$8.67B
| $29.1M | 0.04% |
125,466
-16,184
| -11% | -$3.76M |
|
441
Copart
CPRT
$47.1B
| $29.1M | 0.04% |
2,287,368
-145,264
| -6% | -$1.85M |
|
442
IDEX
IEX
$12.4B
| $29M | 0.04% |
203,419
-14,682
| -7% | -$2.09M |
|
443
SS&C Technologies
SSNC
$21.7B
| $28.9M | 0.04% |
539,574
-103,191
| -16% | -$5.54M |
|
444
Globe Life
GL
$11.4B
| $28.9M | 0.04% |
343,673
-46,890
| -12% | -$3.95M |
|
|
NBL
445
DELISTED
Noble Energy, Inc.
NBL
| $28.9M | 0.04% |
953,197
+38,580
| +4% | +$1.17M |
|
446
Bread Financial
BFH
$3.06B
| $28.8M | 0.04% |
169,433
+6,064
| +4% | +$1.03M |
|
447
Cincinnati Financial
CINF
$24B
| $28.7M | 0.04% |
385,912
-25,859
| -6% | -$1.92M |
|
|
WCG
448
DELISTED
Wellcare Health Plans, Inc.
WCG
| $28.6M | 0.04% |
147,615
+5,560
| +4% | +$1.08M |
|
449
PVH
PVH
$4.07B
| $28.4M | 0.04% |
187,480
+4,917
| +3% | +$745K |
|
450
Pentair
PNR
$18.1B
| $28.3M | 0.04% |
618,907
-50,348
| -8% | -$2.3M |
|