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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Akamai
AKAM
$11B
| $23.8M | 0.04% |
399,400
-16,800
| -4% | -$1M |
|
|
QVCGA
452
QVC Group, Inc. Series A Common Stock
QVCGA
$83.7M
| $23.7M | 0.04% |
24,408
+218
| +0.9% | +$212K |
|
453
Oneok
OKE
$46.2B
| $23.7M | 0.04% |
427,800
-22,000
| -5% | -$1.22M |
|
454
Domino's
DPZ
$15.3B
| $23.5M | 0.04% |
127,300
-4,200
| -3% | -$774K |
|
455
Alliant Energy
LNT
$16.4B
| $23.4M | 0.04% |
590,908
-20,800
| -3% | -$824K |
|
456
Macy's
M
$4.56B
| $23.3M | 0.04% |
787,600
+26,400
| +3% | +$782K |
|
457
NVR
NVR
$23B
| $23.2M | 0.04% |
11,030
-200
| -2% | -$421K |
|
458
Centene
CNC
$15.4B
| $23.1M | 0.04% |
647,318
+8,800
| +1% | +$314K |
|
|
VAL
459
DELISTED
Valspar
VAL
| $23M | 0.04% |
207,200
+6,180
| +3% | +$686K |
|
|
VAR
460
DELISTED
Varian Medical Systems, Inc.
VAR
| $22.8M | 0.04% |
250,600
-25,942
| -9% | -$2.36M |
|
461
ManpowerGroup
MAN
$1.75B
| $22.8M | 0.04% |
222,150
-9,900
| -4% | -$1.02M |
|
|
TWTR
462
DELISTED
Twitter, Inc.
TWTR
| $22.7M | 0.04% |
1,519,600
+184,400
| +14% | +$2.76M |
|
463
CF Industries
CF
$14.1B
| $22.7M | 0.04% |
772,310
-18,200
| -2% | -$534K |
|
|
WFT
464
DELISTED
Weatherford International plc
WFT
| $22.6M | 0.04% |
3,404,231
-108,600
| -3% | -$722K |
|
465
Gartner
IT
$17.6B
| $22.6M | 0.04% |
209,600
-2,700
| -1% | -$292K |
|
466
Mattel
MAT
$5.78B
| $22.5M | 0.04% |
880,053
-21,400
| -2% | -$548K |
|
467
SL Green Realty
SLG
$4.29B
| $22.5M | 0.04% |
218,349
-9,400
| -4% | -$970K |
|
468
A.O. Smith
AOS
$10.2B
| $22.4M | 0.04% |
438,400
-29,900
| -6% | -$1.53M |
|
|
SPLS
469
DELISTED
Staples Inc
SPLS
| $22.2M | 0.04% |
2,534,766
+67,500
| +3% | +$592K |
|
470
Darden Restaurants
DRI
$24.7B
| $22.2M | 0.04% |
265,400
-17,200
| -6% | -$1.44M |
|
471
CBRE Group
CBRE
$48.4B
| $22.1M | 0.04% |
636,200
-81,400
| -11% | -$2.83M |
|
472
Campbell Soup
CPB
$9.98B
| $22.1M | 0.04% |
386,400
-20,700
| -5% | -$1.18M |
|
473
MGM Resorts International
MGM
$9.79B
| $22.1M | 0.04% |
805,645
-2,100
| -0.3% | -$57.5K |
|
474
Sealed Air
SEE
$4.83B
| $22.1M | 0.04% |
506,200
-7,200
| -1% | -$314K |
|
|
GAP
475
The Gap, Inc.
GAP
$8.93B
| $22M | 0.04% |
906,925
-9,800
| -1% | -$238K |
|