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
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
KSU
451
DELISTED
Kansas City Southern
KSU
| $29.2M | 0.04% |
277,527
+41,850
| +18% | +$4.4M |
|
452
Huntington Ingalls Industries
HII
$10.6B
| $29.1M | 0.04% |
123,518
+6,054
| +5% | +$1.43M |
|
453
Owens Corning
OC
$13B
| $29.1M | 0.04% |
316,261
+34,566
| +12% | +$3.18M |
|
454
Mid-America Apartment Communities
MAA
$16.9B
| $29M | 0.04% |
288,074
+7,421
| +3% | +$746K |
|
455
New Oriental
EDU
$8.19B
| $29M | 0.04% |
308,109
+55,921
| +22% | +$5.26M |
|
456
Mercado Libre
MELI
$119B
| $28.9M | 0.04% |
91,903
+2,220
| +2% | +$699K |
|
457
Autoliv
ALV
$9.74B
| $28.8M | 0.04% |
314,866
+6,580
| +2% | +$602K |
|
458
Spirit AeroSystems
SPR
$4.82B
| $28.8M | 0.04% |
330,113
+15,509
| +5% | +$1.35M |
|
|
AMTD
459
DELISTED
TD Ameritrade Holding Corp
AMTD
| $28.8M | 0.04% |
563,312
+8,891
| +2% | +$455K |
|
460
IDEX
IEX
$12.4B
| $28.8M | 0.04% |
218,101
+24,000
| +12% | +$3.17M |
|
461
CarMax
KMX
$9.21B
| $28.8M | 0.04% |
448,825
+13,420
| +3% | +$861K |
|
462
BorgWarner
BWA
$9.61B
| $28.7M | 0.04% |
638,805
+22,819
| +4% | +$1.03M |
|
463
Lennar Class A
LEN
$36.9B
| $28.7M | 0.04% |
468,324
+26,868
| +6% | +$1.64M |
|
|
WCG
464
DELISTED
Wellcare Health Plans, Inc.
WCG
| $28.6M | 0.04% |
142,055
+1,891
| +1% | +$380K |
|
465
Tractor Supply
TSCO
$31.8B
| $28.3M | 0.04% |
1,891,030
+500,640
| +36% | +$7.48M |
|
466
Ball Corp
BALL
$13.9B
| $28.1M | 0.04% |
742,873
+20,317
| +3% | +$769K |
|
467
Bunge Global
BG
$16.9B
| $28M | 0.04% |
417,589
+62,340
| +18% | +$4.18M |
|
468
TransDigm Group
TDG
$72.9B
| $28M | 0.04% |
101,968
+4,375
| +4% | +$1.2M |
|
469
International Flavors & Fragrances
IFF
$17B
| $28M | 0.04% |
183,371
+9,157
| +5% | +$1.4M |
|
470
A.O. Smith
AOS
$10.4B
| $27.9M | 0.04% |
455,471
+10,327
| +2% | +$633K |
|
471
Sealed Air
SEE
$4.86B
| $27.9M | 0.04% |
565,146
+14,741
| +3% | +$727K |
|
472
Flex
FLEX
$20.9B
| $27.7M | 0.04% |
2,043,920
+25,240
| +1% | +$342K |
|
473
Palo Alto Networks
PANW
$132B
| $27.7M | 0.04% |
1,146,318
+153,918
| +16% | +$3.72M |
|
474
Domino's
DPZ
$15.8B
| $27.6M | 0.04% |
146,127
+5,874
| +4% | +$1.11M |
|
475
Melco Resorts & Entertainment
MLCO
$3.75B
| $27.6M | 0.04% |
948,876
+21,954
| +2% | +$638K |
|