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 |
Coca-Cola
KO
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DISCK
451
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $26.6M | 0.04% |
1,154,190
-162,551
| -12% | -$3.75M |
|
|
MRO
452
DELISTED
Marathon Oil Corporation
MRO
| $26.6M | 0.04% |
1,856,439
-268,507
| -13% | -$3.85M |
|
453
Macy's
M
$4.56B
| $26.6M | 0.04% |
893,027
+18,016
| +2% | +$537K |
|
|
WRK
454
DELISTED
WestRock Company
WRK
| $26.4M | 0.04% |
699,713
-18,268
| -3% | -$690K |
|
455
Expedia Group
EXPE
$26.7B
| $26.4M | 0.04% |
234,034
-58,545
| -20% | -$6.6M |
|
456
Microchip Technology
MCHP
$34.9B
| $26M | 0.04% |
723,578
-210,206
| -23% | -$7.56M |
|
457
The Mosaic Company
MOS
$10.6B
| $25.9M | 0.04% |
886,436
-21,273
| -2% | -$621K |
|
458
Lear
LEA
$5.76B
| $25.9M | 0.04% |
210,467
-12,878
| -6% | -$1.58M |
|
459
Ametek
AME
$43.3B
| $25.8M | 0.04% |
381,679
-34,468
| -8% | -$2.33M |
|
460
Seagate
STX
$41.1B
| $25.8M | 0.04% |
669,440
-39,913
| -6% | -$1.54M |
|
|
ZAYO
461
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $25.6M | 0.04% |
1,122,572
+436,773
| +64% | +$9.98M |
|
462
NRG Energy
NRG
$31.2B
| $25.4M | 0.04% |
642,218
-51,161
| -7% | -$2.03M |
|
|
SPLK
463
DELISTED
Splunk Inc
SPLK
| $25.3M | 0.04% |
241,460
-20,460
| -8% | -$2.15M |
|
464
IAC Inc
IAC
$2.88B
| $24.9M | 0.03% |
761,401
-54,488
| -7% | -$1.78M |
|
465
Franklin Resources
BEN
$12.6B
| $24.4M | 0.03% |
821,107
-414,194
| -34% | -$12.3M |
|
|
MXIM
466
DELISTED
Maxim Integrated Products
MXIM
| $24.3M | 0.03% |
478,643
-51,268
| -10% | -$2.61M |
|
467
Copart
CPRT
$46.9B
| $24.1M | 0.03% |
2,016,460
+11,112
| +0.6% | +$133K |
|
|
MMP
468
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $23.8M | 0.03% |
416,770
-26,220
| -6% | -$1.5M |
|
|
ABMD
469
DELISTED
Abiomed Inc
ABMD
| $23.5M | 0.03% |
72,221
-3,151
| -4% | -$1.02M |
|
470
Arista Networks
ANET
$189B
| $23.4M | 0.03% |
1,776,880
-105,072
| -6% | -$1.38M |
|
471
DaVita
DVA
$9.46B
| $23.3M | 0.03% |
453,413
-73,599
| -14% | -$3.79M |
|
|
AMTD
472
DELISTED
TD Ameritrade Holding Corp
AMTD
| $23.1M | 0.03% |
472,459
-55,545
| -11% | -$2.72M |
|
473
Voya Financial
VOYA
$7.3B
| $23.1M | 0.03% |
575,156
-30,969
| -5% | -$1.24M |
|
474
Masco
MAS
$15.3B
| $23.1M | 0.03% |
788,759
+5,774
| +0.7% | +$169K |
|
475
Robert Half
RHI
$3.56B
| $23M | 0.03% |
402,705
+3,267
| +0.8% | +$187K |
|