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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Jack Henry & Associates
JKHY
$11.9B
| $29.9M | 0.04% |
229,231
+35,326
| +18% | +$4.61M |
|
452
Zions Bancorporation
ZION
$8.4B
| $29.7M | 0.04% |
564,265
+3,233
| +0.6% | +$170K |
|
453
Mohawk Industries
MHK
$8.42B
| $29.6M | 0.04% |
137,978
+12,512
| +10% | +$2.68M |
|
454
Jones Lang LaSalle
JLL
$14.5B
| $29.5M | 0.04% |
177,979
+7,255
| +4% | +$1.2M |
|
455
Invesco
IVZ
$9.91B
| $29.5M | 0.04% |
1,109,182
+78,427
| +8% | +$2.08M |
|
456
Lennox International
LII
$19.6B
| $29.4M | 0.04% |
147,120
+14,598
| +11% | +$2.92M |
|
457
Garmin
GRMN
$45.9B
| $29.4M | 0.04% |
481,904
+115,228
| +31% | +$7.03M |
|
|
ABMD
458
DELISTED
Abiomed Inc
ABMD
| $29.4M | 0.04% |
71,753
-10,489
| -13% | -$4.29M |
|
459
Autoliv
ALV
$9.66B
| $29.3M | 0.04% |
284,285
-28,329
| -9% | -$2.92M |
|
|
FRC
460
DELISTED
First Republic Bank
FRC
| $29.2M | 0.04% |
302,076
-46,908
| -13% | -$4.54M |
|
461
PVH
PVH
$3.96B
| $29.2M | 0.04% |
195,194
+7,714
| +4% | +$1.15M |
|
462
Lennar Class A
LEN
$35.6B
| $29.1M | 0.04% |
572,584
-11,011
| -2% | -$560K |
|
463
Spirit AeroSystems
SPR
$4.8B
| $29.1M | 0.04% |
338,724
+7,158
| +2% | +$615K |
|
|
CDK
464
DELISTED
CDK Global, Inc.
CDK
| $28.8M | 0.04% |
442,575
+105,111
| +31% | +$6.84M |
|
465
UDR
UDR
$12.9B
| $28.6M | 0.04% |
760,639
+171,283
| +29% | +$6.43M |
|
466
Baker Hughes
BKR
$44.8B
| $28.5M | 0.04% |
864,256
-112,605
| -12% | -$3.72M |
|
|
KSU
467
DELISTED
Kansas City Southern
KSU
| $28.5M | 0.04% |
269,257
+14,441
| +6% | +$1.53M |
|
468
Atmos Energy
ATO
$26.3B
| $28.5M | 0.04% |
315,721
+66,302
| +27% | +$5.98M |
|
469
American Financial Group
AFG
$11.5B
| $28.4M | 0.04% |
264,997
+49,730
| +23% | +$5.34M |
|
470
New Oriental
EDU
$8.51B
| $28.4M | 0.04% |
299,810
+84,918
| +40% | +$8.04M |
|
471
Arista Networks
ANET
$178B
| $28.4M | 0.04% |
1,762,544
-203,408
| -10% | -$3.27M |
|
|
XYZ
472
Block, Inc.
XYZ
$46B
| $28.3M | 0.04% |
458,390
+43,112
| +10% | +$2.66M |
|
473
Unum
UNM
$12.5B
| $28.2M | 0.04% |
763,264
+15,604
| +2% | +$577K |
|
474
BioMarin Pharmaceuticals
BMRN
$10.7B
| $28.2M | 0.04% |
299,069
-47,031
| -14% | -$4.43M |
|
475
Healthpeak Properties
DOC
$12.6B
| $28.1M | 0.04% |
1,089,918
-82,691
| -7% | -$2.14M |
|