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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Old Dominion Freight Line
ODFL
$31.8B
| $28.3M | 0.04% |
576,849
-35,223
| -6% | -$1.73M |
|
452
CarMax
KMX
$9.21B
| $28.2M | 0.04% |
454,533
+5,708
| +1% | +$354K |
|
453
BioMarin Pharmaceuticals
BMRN
$10.7B
| $28.1M | 0.04% |
346,100
-16,600
| -5% | -$1.35M |
|
454
Molson Coors Class B
TAP
$9.86B
| $28M | 0.04% |
372,038
-40,746
| -10% | -$3.07M |
|
|
KSU
455
DELISTED
Kansas City Southern
KSU
| $28M | 0.04% |
254,816
-22,711
| -8% | -$2.49M |
|
456
NVR
NVR
$23.6B
| $27.8M | 0.04% |
9,941
-330
| -3% | -$924K |
|
457
Chipotle Mexican Grill
CMG
$52.9B
| $27.8M | 0.04% |
4,306,750
+256,300
| +6% | +$1.66M |
|
458
Spirit AeroSystems
SPR
$4.82B
| $27.8M | 0.04% |
331,566
+1,453
| +0.4% | +$122K |
|
|
SIVB
459
DELISTED
SVB Financial Group
SIVB
| $27.7M | 0.04% |
115,440
-11,991
| -9% | -$2.88M |
|
|
SPLK
460
DELISTED
Splunk Inc
SPLK
| $27.7M | 0.04% |
281,160
+44,827
| +19% | +$4.41M |
|
|
DISCK
461
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $27.5M | 0.04% |
1,409,749
+496,172
| +54% | +$9.69M |
|
462
Packaging Corp of America
PKG
$19.4B
| $27.5M | 0.04% |
244,040
-3,048
| -1% | -$344K |
|
463
Healthpeak Properties
DOC
$12.7B
| $27.2M | 0.04% |
1,172,609
-36,661
| -3% | -$852K |
|
|
GGP
464
DELISTED
GGP Inc.
GGP
| $27.2M | 0.04% |
1,328,404
-77,478
| -6% | -$1.59M |
|
465
Baker Hughes
BKR
$45B
| $27.1M | 0.04% |
976,861
-66,732
| -6% | -$1.85M |
|
466
Lennox International
LII
$20.4B
| $27.1M | 0.04% |
132,522
-19,016
| -13% | -$3.89M |
|
467
JB Hunt Transport Services
JBHT
$13.8B
| $27M | 0.04% |
230,326
-1,751
| -0.8% | -$205K |
|
468
ManpowerGroup
MAN
$1.78B
| $26.9M | 0.04% |
233,699
-10,972
| -4% | -$1.26M |
|
469
Nasdaq
NDAQ
$54.4B
| $26.7M | 0.04% |
929,361
+27,819
| +3% | +$800K |
|
470
Gartner
IT
$18.7B
| $26.6M | 0.04% |
226,291
-45,495
| -17% | -$5.35M |
|
471
Trip.com Group
TCOM
$47.7B
| $26.6M | 0.04% |
570,064
-207,254
| -27% | -$9.66M |
|
472
Cboe Global Markets
CBOE
$24.5B
| $26.6M | 0.04% |
232,911
-17,847
| -7% | -$2.04M |
|
473
LKQ Corp
LKQ
$8.39B
| $26.5M | 0.04% |
698,632
+57,279
| +9% | +$2.17M |
|
474
BorgWarner
BWA
$9.61B
| $26.5M | 0.04% |
599,469
-39,336
| -6% | -$1.74M |
|
475
The Mosaic Company
MOS
$10.3B
| $26.3M | 0.04% |
1,083,425
-65,453
| -6% | -$1.59M |
|