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 |
Alphabet (Google) Class A
GOOGL
|
$610M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$578M |
| 3 |
Synchrony
SYF
|
$161M |
| 4 |
Hewlett Packard
HPE
|
$75.4M |
| 5 |
Alibaba
BABA
|
$56.5M |
Top Sells
| 1 |
GE Aerospace
GE
|
$121M |
| 2 |
HP
HPQ
|
$74M |
| 3 |
Apple
AAPL
|
$47.2M |
| 4 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
$44.7M |
| 5 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$39.1M |
Sector Composition
| 1 | Financials | 16.32% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.08% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Liberty Global Class A
LBTYA
$4.05B
| $26.3M | 0.04% |
711,002
-56,727
| -7% | -$2.1M |
|
|
ETFC
452
DELISTED
E*Trade Financial Corporation
ETFC
| $26.3M | 0.04% |
886,230
+2,800
| +0.3% | +$83K |
|
|
SRCL
453
DELISTED
Stericycle Inc
SRCL
| $26M | 0.04% |
215,846
| – | – |
|
|
CIT
454
DELISTED
CIT Group Inc.
CIT
| $26M | 0.04% |
653,700
+8,500
| +1% | +$337K |
|
455
Arch Capital
ACGL
$34.1B
| $25.9M | 0.04% |
1,116,000
-2,100
| -0.2% | -$48.8K |
|
456
NVR
NVR
$23.5B
| $25.8M | 0.04% |
15,730
+200
| +1% | +$329K |
|
457
Fidelity National Financial
FNF
$16.5B
| $25.8M | 0.04% |
1,071,802
+8,499
| +0.8% | +$205K |
|
458
Centene
CNC
$14.2B
| $25.7M | 0.04% |
781,800
+172,000
| +28% | +$5.66M |
|
459
Campbell Soup
CPB
$10.1B
| $25.7M | 0.04% |
488,300
+2,000
| +0.4% | +$105K |
|
460
HF Sinclair
DINO
$9.56B
| $25.6M | 0.04% |
642,900
+36,500
| +6% | +$1.46M |
|
461
United Therapeutics
UTHR
$18.1B
| $25.6M | 0.04% |
163,602
+2,600
| +2% | +$407K |
|
462
Amdocs
DOX
$9.46B
| $25.5M | 0.04% |
467,850
+600
| +0.1% | +$32.7K |
|
463
Harley-Davidson
HOG
$3.67B
| $25.5M | 0.04% |
562,483
+8,000
| +1% | +$363K |
|
464
Tapestry
TPR
$21.7B
| $25.4M | 0.04% |
776,711
+10,100
| +1% | +$331K |
|
465
Masco
MAS
$15.9B
| $25.4M | 0.04% |
898,100
-20,700
| -2% | -$586K |
|
466
Globe Life
GL
$11.3B
| $25.4M | 0.04% |
444,193
-3,100
| -0.7% | -$177K |
|
467
BorgWarner
BWA
$9.53B
| $25.4M | 0.04% |
666,832
-11,246
| -2% | -$428K |
|
468
NetApp
NTAP
$23.7B
| $25.2M | 0.04% |
949,616
+8,400
| +0.9% | +$223K |
|
|
TW
469
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $25M | 0.04% |
194,338
+100
| +0.1% | +$12.8K |
|
470
International Flavors & Fragrances
IFF
$16.9B
| $24.9M | 0.04% |
208,100
-1,000
| -0.5% | -$120K |
|
471
Corpay
CPAY
$22.4B
| $24.8M | 0.04% |
173,500
+100
| +0.1% | +$14.3K |
|
472
JD.com
JD
$44.6B
| $24.4M | 0.04% |
757,100
+22,600
| +3% | +$729K |
|
473
LKQ Corp
LKQ
$8.33B
| $24.4M | 0.04% |
824,106
+12,900
| +2% | +$382K |
|
474
D.R. Horton
DHI
$54.2B
| $24.4M | 0.04% |
761,400
+100
| +0% | +$3.2K |
|
475
Macy's
M
$4.64B
| $24.3M | 0.04% |
694,100
-189,100
| -21% | -$6.61M |
|