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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
AT&T
T
|
$53.9M |
| 5 |
Alibaba
BABA
|
$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
eBay
EBAY
|
$105M |
| 5 |
Apple
AAPL
|
$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
JetBlue
JBLU
$1.86B
| $25M | 0.04% |
968,904
-50,600
| -5% | -$1.3M |
|
452
Plains All American Pipeline
PAA
$12B
| $24.9M | 0.04% |
819,317
-1,500
| -0.2% | -$45.6K |
|
453
BorgWarner
BWA
$9.54B
| $24.8M | 0.04% |
678,078
-39,874
| -6% | -$1.46M |
|
454
Goodyear
GT
$2.45B
| $24.8M | 0.04% |
845,600
+26,200
| +3% | +$768K |
|
455
Signet Jewelers
SIG
$3.83B
| $24.8M | 0.04% |
182,100
-21,500
| -11% | -$2.93M |
|
456
Cheniere Energy
LNG
$51.2B
| $24.7M | 0.04% |
511,900
-14,700
| -3% | -$710K |
|
457
Gartner
IT
$18.5B
| $24.7M | 0.04% |
294,187
-7,600
| -3% | -$638K |
|
458
L3Harris
LHX
$51.4B
| $24.7M | 0.04% |
337,461
-7,817
| -2% | -$572K |
|
459
EQT Corp
EQT
$32B
| $24.7M | 0.04% |
699,609
+2,205
| +0.3% | +$77.7K |
|
460
Campbell Soup
CPB
$10.1B
| $24.6M | 0.04% |
486,300
+29,800
| +7% | +$1.51M |
|
461
Autodesk
ADSK
$69.4B
| $24.5M | 0.04% |
554,700
-14,100
| -2% | -$622K |
|
462
Interpublic Group of Companies
IPG
$9.86B
| $24.4M | 0.04% |
1,277,874
-50,500
| -4% | -$966K |
|
463
Acuity Brands
AYI
$10.3B
| $24.4M | 0.04% |
138,750
-2,400
| -2% | -$421K |
|
|
PCL
464
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $24.3M | 0.04% |
615,514
-800
| -0.1% | -$31.6K |
|
465
Hormel Foods
HRL
$14.1B
| $24.3M | 0.04% |
767,600
-13,000
| -2% | -$412K |
|
466
Realty Income
O
$53.8B
| $24.2M | 0.04% |
526,979
+2,373
| +0.5% | +$109K |
|
467
Mettler-Toledo International
MTD
$27B
| $24.1M | 0.04% |
84,609
-1,900
| -2% | -$541K |
|
468
Ball Corp
BALL
$13.8B
| $24M | 0.04% |
772,400
-76,800
| -9% | -$2.39M |
|
469
Corpay
CPAY
$22B
| $23.9M | 0.04% |
173,400
-4,800
| -3% | -$661K |
|
470
Affiliated Managers Group
AMG
$6.54B
| $23.9M | 0.04% |
139,500
-8,200
| -6% | -$1.4M |
|
|
GAP
471
The Gap, Inc.
GAP
$8.87B
| $23.8M | 0.04% |
834,825
-12,500
| -1% | -$356K |
|
|
TIF
472
DELISTED
Tiffany & Co.
TIF
| $23.8M | 0.04% |
307,900
-10,900
| -3% | -$842K |
|
|
KSU
473
DELISTED
Kansas City Southern
KSU
| $23.8M | 0.04% |
261,500
-8,400
| -3% | -$763K |
|
474
NVR
NVR
$23.4B
| $23.7M | 0.04% |
15,530
-500
| -3% | -$763K |
|
475
Pinnacle West Capital
PNW
$10.5B
| $23.7M | 0.04% |
368,998
-12,000
| -3% | -$770K |
|