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 |
Comcast
CMCSA
|
$73.1M |
| 2 |
Voya Financial
VOYA
|
$38.3M |
| 3 |
American Airlines Group
AAL
|
$38.2M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
$37.9M |
| 5 |
DISCA
Discovery, Inc. Series A Common Stock
DISCA
|
$21.7M |
Top Sells
| 1 |
EOG Resources
EOG
|
$235M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$67.3M |
| 3 |
Apple
AAPL
|
$67.2M |
| 4 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$65.9M |
| 5 |
Exxon Mobil
XOM
|
$36.8M |
Sector Composition
| 1 | Financials | 15.85% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 12.47% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Royal Caribbean
RCL
$95.7B
| $30.3M | 0.04% |
545,456
-18,869
| -3% | -$1.05M |
|
452
Monster Beverage
MNST
$61B
| $30.3M | 0.04% |
2,559,444
+36,204
| +1% | +$429K |
|
453
Trimble
TRMB
$19.2B
| $30.3M | 0.04% |
819,382
-41,600
| -5% | -$1.54M |
|
454
Cheniere Energy
LNG
$51.8B
| $30.1M | 0.04% |
419,300
-48,593
| -10% | -$3.48M |
|
455
Quest Diagnostics
DGX
$20.5B
| $30M | 0.04% |
510,672
+38,474
| +8% | +$2.26M |
|
456
Affiliated Managers Group
AMG
$6.54B
| $29.9M | 0.04% |
145,600
-450
| -0.3% | -$92.4K |
|
|
SVC
457
Service Properties Trust
SVC
$481M
| $29.8M | 0.04% |
988,605
+11,882
| +1% | +$359K |
|
458
Vale
VALE
$44.4B
| $29.7M | 0.04% |
2,246,997
-367,100
| -14% | -$4.86M |
|
459
Credicorp
BAP
$20.7B
| $29.6M | 0.04% |
190,700
+14,819
| +8% | +$2.3M |
|
460
AXIS Capital
AXS
$7.62B
| $29.6M | 0.04% |
668,525
-30,979
| -4% | -$1.37M |
|
|
CPN
461
DELISTED
Calpine Corporation
CPN
| $29.6M | 0.04% |
1,242,300
-78,764
| -6% | -$1.88M |
|
|
ETFC
462
DELISTED
E*Trade Financial Corporation
ETFC
| $29.6M | 0.04% |
1,390,370
+96,900
| +7% | +$2.06M |
|
463
Alaska Air
ALK
$7.28B
| $29.5M | 0.04% |
620,992
-22,800
| -4% | -$1.08M |
|
|
AVP
464
DELISTED
Avon Products, Inc.
AVP
| $29.3M | 0.04% |
2,006,768
-273,030
| -12% | -$3.99M |
|
|
MXIM
465
DELISTED
Maxim Integrated Products
MXIM
| $29.2M | 0.04% |
863,986
-132,900
| -13% | -$4.49M |
|
466
Liberty Global Class A
LBTYA
$4.05B
| $29.1M | 0.04% |
797,829
-32,252
| -4% | -$1.18M |
|
467
Ameren
AEE
$27.2B
| $28.9M | 0.04% |
707,700
-11,800
| -2% | -$482K |
|
468
Campbell Soup
CPB
$10.1B
| $28.9M | 0.04% |
630,995
-3,500
| -0.6% | -$160K |
|
469
IDEX
IEX
$12.4B
| $28.9M | 0.04% |
357,900
-2,800
| -0.8% | -$226K |
|
470
Check Point Software Technologies
CHKP
$20.7B
| $28.9M | 0.04% |
430,800
-6,100
| -1% | -$409K |
|
471
Pitney Bowes
PBI
$2.11B
| $28.8M | 0.04% |
1,042,943
-57,700
| -5% | -$1.59M |
|
472
ON Semiconductor
ON
$20.1B
| $28.8M | 0.04% |
3,149,753
+437,975
| +16% | +$4M |
|
|
RKT
473
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $28.7M | 0.04% |
542,894
-8,660
| -2% | -$457K |
|
|
HAR
474
DELISTED
Harman International Industries
HAR
| $28.7M | 0.04% |
266,743
+21,201
| +9% | +$2.28M |
|
|
PCL
475
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $28.6M | 0.04% |
635,014
+7,900
| +1% | +$356K |
|