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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Lennox International
LII
$19.9B
| $26.2M | 0.04% |
146,602
-1,398
| -0.9% | -$250K |
|
452
Cboe Global Markets
CBOE
$24.5B
| $26.1M | 0.04% |
242,050
+16,850
| +7% | +$1.81M |
|
|
SIVB
453
DELISTED
SVB Financial Group
SIVB
| $26M | 0.04% |
139,055
+5,155
| +4% | +$964K |
|
454
Jefferies Financial Group
JEF
$13.5B
| $26M | 0.04% |
1,150,234
+55,784
| +5% | +$1.26M |
|
455
NRG Energy
NRG
$31.2B
| $25.8M | 0.04% |
1,007,552
+1,495
| +0.1% | +$38.3K |
|
456
Alliant Energy
LNT
$16.4B
| $25.8M | 0.04% |
620,057
+29,349
| +5% | +$1.22M |
|
|
KSU
457
DELISTED
Kansas City Southern
KSU
| $25.6M | 0.04% |
235,677
+21,777
| +10% | +$2.37M |
|
|
DRE
458
DELISTED
Duke Realty Corp.
DRE
| $25.5M | 0.04% |
885,549
+75,207
| +9% | +$2.17M |
|
459
Liberty Broadband Class C
LBRDK
$8.67B
| $25.2M | 0.04% |
264,798
+13,398
| +5% | +$1.28M |
|
460
CBRE Group
CBRE
$48.4B
| $25.2M | 0.04% |
665,499
+14,199
| +2% | +$538K |
|
461
Flex
FLEX
$21.6B
| $25.2M | 0.04% |
2,018,680
+1,375
| +0.1% | +$17.2K |
|
462
JB Hunt Transport Services
JBHT
$13.2B
| $25.1M | 0.04% |
226,184
+5,684
| +3% | +$631K |
|
463
Avery Dennison
AVY
$12.8B
| $25.1M | 0.04% |
255,120
+14,983
| +6% | +$1.47M |
|
464
Universal Health Services
UHS
$11.7B
| $25M | 0.04% |
225,475
+8,521
| +4% | +$945K |
|
465
TransDigm Group
TDG
$72.8B
| $25M | 0.04% |
97,593
+3,893
| +4% | +$995K |
|
466
Cadence Design Systems
CDNS
$90.7B
| $24.9M | 0.04% |
630,776
+20,576
| +3% | +$812K |
|
467
International Flavors & Fragrances
IFF
$16.5B
| $24.9M | 0.04% |
174,214
+5,514
| +3% | +$788K |
|
|
DATA
468
DELISTED
Tableau Software, Inc.
DATA
| $24.9M | 0.04% |
332,190
+6,490
| +2% | +$486K |
|
469
UDR
UDR
$12.7B
| $24.8M | 0.04% |
651,930
+56,848
| +10% | +$2.16M |
|
|
NBL
470
DELISTED
Noble Energy, Inc.
NBL
| $24.7M | 0.04% |
872,389
+22,605
| +3% | +$641K |
|
471
Teleflex
TFX
$5.73B
| $24.7M | 0.04% |
102,182
+5,182
| +5% | +$1.25M |
|
472
Bunge Global
BG
$16.2B
| $24.7M | 0.04% |
355,249
-5,773
| -2% | -$401K |
|
473
Harley-Davidson
HOG
$3.64B
| $24.6M | 0.04% |
509,705
+17,322
| +4% | +$835K |
|
474
Spirit AeroSystems
SPR
$4.74B
| $24.5M | 0.04% |
314,604
+20,104
| +7% | +$1.56M |
|
475
Bath & Body Works
BBWI
$5.77B
| $24.4M | 0.04% |
724,438
+47,180
| +7% | +$1.59M |
|