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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Check Point Software Technologies
CHKP
$21B
| $29.5M | 0.04% |
436,900
+9,400
| +2% | +$635K |
|
452
Marriott International Class A Common Stock
MAR
$72.4B
| $29.4M | 0.04% |
526,530
-90,976
| -15% | -$5.09M |
|
|
XEC
453
DELISTED
CIMAREX ENERGY CO
XEC
| $29.3M | 0.04% |
252,900
-11,489
| -4% | -$1.33M |
|
454
Alaska Air
ALK
$7.17B
| $29.2M | 0.04% |
643,792
-2,600
| -0.4% | -$118K |
|
|
WBC
455
DELISTED
WABCO HOLDINGS INC.
WBC
| $29.1M | 0.04% |
278,800
+68,400
| +33% | +$7.15M |
|
456
CMS Energy
CMS
$21.2B
| $29M | 0.04% |
982,379
+113,632
| +13% | +$3.36M |
|
457
Ameren
AEE
$26.8B
| $29M | 0.04% |
719,500
-75,100
| -9% | -$3.02M |
|
458
SLM Corp
SLM
$6.15B
| $28.9M | 0.04% |
3,320,563
+108,982
| +3% | +$949K |
|
459
Philip Morris
PM
$254B
| $28.7M | 0.04% |
342,766
+119,583
| +54% | +$10M |
|
460
FMC
FMC
$4.63B
| $28.6M | 0.04% |
431,568
+4,266
| +1% | +$283K |
|
461
Globe Life
GL
$11.3B
| $28.6M | 0.04% |
551,232
-75,576
| -12% | -$3.92M |
|
462
Copa Holdings
CPA
$4.69B
| $28.6M | 0.04% |
196,600
+58,300
| +42% | +$8.47M |
|
|
SIAL
463
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $28.4M | 0.04% |
303,672
-8,379
| -3% | -$785K |
|
464
Pitney Bowes
PBI
$2.05B
| $28.4M | 0.04% |
1,100,643
-160,800
| -13% | -$4.15M |
|
465
Campbell Soup
CPB
$10B
| $28.3M | 0.04% |
634,495
-6,800
| -1% | -$304K |
|
466
Avis
CAR
$5.56B
| $28.3M | 0.04% |
569,807
-123,606
| -18% | -$6.13M |
|
467
Quest Diagnostics
DGX
$20.4B
| $28.3M | 0.04% |
472,198
-23,719
| -5% | -$1.42M |
|
468
Ambev
ABEV
$34.8B
| $28.2M | 0.04% |
3,728,805
+474,500
| +15% | +$3.59M |
|
469
Fortune Brands Innovations
FBIN
$7.06B
| $28.1M | 0.04% |
801,470
-52,856
| -6% | -$1.86M |
|
|
SVC
470
Service Properties Trust
SVC
$469M
| $28.1M | 0.04% |
976,723
+70,893
| +8% | +$2.04M |
|
471
Brown-Forman Class B
BF.B
$13.1B
| $28.1M | 0.04% |
984,734
+125,728
| +15% | +$3.58M |
|
472
NVIDIA
NVDA
$4.1T
| $28M | 0.04% |
59,459,600
-6,732,400
| -10% | -$3.17M |
|
473
First Solar
FSLR
$21.4B
| $28M | 0.04% |
385,238
+52,000
| +16% | +$3.78M |
|
474
Affiliated Managers Group
AMG
$6.55B
| $27.9M | 0.04% |
146,050
-30,586
| -17% | -$5.85M |
|
|
RKT
475
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $27.8M | 0.04% |
551,554
+48,000
| +10% | +$2.42M |
|