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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Targa Resources
TRGP
$34.9B
| $36.4M | 0.03% |
482,297
-22,773
| -5% | -$1.72M |
|
452
Seagate
STX
$40B
| $36.4M | 0.03% |
404,356
-31,942
| -7% | -$2.87M |
|
453
Entegris
ENTG
$12.4B
| $36.3M | 0.03% |
276,536
-14,436
| -5% | -$1.89M |
|
454
Paycom
PAYC
$12.6B
| $36.3M | 0.03% |
104,789
-4,827
| -4% | -$1.67M |
|
455
Royal Caribbean
RCL
$95.7B
| $36.1M | 0.03% |
431,233
-35,144
| -8% | -$2.94M |
|
456
International Paper
IP
$25.7B
| $36M | 0.03% |
780,350
-78,153
| -9% | -$3.61M |
|
457
Wabtec
WAB
$33B
| $36M | 0.03% |
374,300
-23,655
| -6% | -$2.27M |
|
|
SBNY
458
DELISTED
Signature Bank
SBNY
| $35.9M | 0.03% |
122,291
-3,451
| -3% | -$1.01M |
|
459
Healthpeak Properties
DOC
$12.8B
| $35.9M | 0.03% |
1,045,059
-115,767
| -10% | -$3.97M |
|
460
CenterPoint Energy
CNP
$24.7B
| $35.8M | 0.03% |
1,168,006
-78,692
| -6% | -$2.41M |
|
461
Textron
TXT
$14.5B
| $35.6M | 0.03% |
479,187
-23,091
| -5% | -$1.72M |
|
462
Darden Restaurants
DRI
$24.5B
| $35.4M | 0.03% |
266,019
-17,294
| -6% | -$2.3M |
|
463
Alcoa
AA
$8.24B
| $35.4M | 0.03% |
392,784
-23,586
| -6% | -$2.12M |
|
464
VF Corp
VFC
$5.86B
| $35.2M | 0.03% |
619,440
-65,057
| -10% | -$3.7M |
|
465
Bio-Techne
TECH
$8.46B
| $35.1M | 0.03% |
324,364
-14,060
| -4% | -$1.52M |
|
466
AES
AES
$9.21B
| $34.8M | 0.03% |
1,352,433
-121,557
| -8% | -$3.13M |
|
467
UDR
UDR
$13B
| $34.5M | 0.03% |
601,291
-56,481
| -9% | -$3.24M |
|
468
VICI Properties
VICI
$35.8B
| $34.4M | 0.03% |
1,209,895
-75,390
| -6% | -$2.15M |
|
469
JB Hunt Transport Services
JBHT
$13.9B
| $34.4M | 0.03% |
171,192
-11,607
| -6% | -$2.33M |
|
470
Carnival Corp
CCL
$42.8B
| $34.3M | 0.03% |
1,698,407
-124,779
| -7% | -$2.52M |
|
|
CTLT
471
DELISTED
CATALENT, INC.
CTLT
| $34.3M | 0.03% |
309,259
-14,666
| -5% | -$1.63M |
|
472
Teleflex
TFX
$5.78B
| $34.1M | 0.03% |
96,122
-4,468
| -4% | -$1.59M |
|
473
SS&C Technologies
SSNC
$21.7B
| $33.8M | 0.03% |
450,669
-27,784
| -6% | -$2.08M |
|
474
Celanese
CE
$5.34B
| $33.7M | 0.03% |
235,693
-12,999
| -5% | -$1.86M |
|
475
Steel Dynamics
STLD
$19.8B
| $33.6M | 0.03% |
402,545
-33,667
| -8% | -$2.81M |
|