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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XEC
476
DELISTED
CIMAREX ENERGY CO
XEC
| $23.5M | 0.04% |
229,500
| – | – |
|
|
ETFC
477
DELISTED
E*Trade Financial Corporation
ETFC
| $23.3M | 0.04% |
883,430
-81,900
| -8% | -$2.16M |
|
478
Martin Marietta Materials
MLM
$37.8B
| $23.2M | 0.04% |
152,394
+3,690
| +2% | +$561K |
|
479
Masco
MAS
$15.9B
| $23.1M | 0.04% |
918,800
-168,559
| -16% | -$4.24M |
|
480
Coterra Energy
CTRA
$18.2B
| $23.1M | 0.04% |
1,055,096
+2,700
| +0.3% | +$59K |
|
481
LKQ Corp
LKQ
$8.39B
| $23M | 0.04% |
811,206
+3,900
| +0.5% | +$111K |
|
482
Robert Half
RHI
$3.66B
| $23M | 0.04% |
449,372
-15,600
| -3% | -$798K |
|
|
TW
483
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $22.8M | 0.04% |
194,238
-3,700
| -2% | -$434K |
|
484
Darden Restaurants
DRI
$24.6B
| $22.7M | 0.04% |
370,176
-6,488
| -2% | -$398K |
|
485
Lennar Class A
LEN
$35.6B
| $22.4M | 0.04% |
489,141
+21,536
| +5% | +$987K |
|
486
Trip.com Group
TCOM
$47.3B
| $22.4M | 0.04% |
708,800
-24,000
| -3% | -$758K |
|
487
D.R. Horton
DHI
$53B
| $22.4M | 0.04% |
761,300
+12,500
| +2% | +$367K |
|
|
FLG
488
Flagstar Financial, Inc.
FLG
$5.35B
| $22.3M | 0.04% |
411,959
-14,033
| -3% | -$760K |
|
489
Comerica
CMA
$8.88B
| $22.3M | 0.04% |
542,564
-9,100
| -2% | -$374K |
|
490
Tapestry
TPR
$21.8B
| $22.2M | 0.04% |
766,611
-8,300
| -1% | -$240K |
|
491
Wabtec
WAB
$32.6B
| $22.1M | 0.04% |
251,036
+800
| +0.3% | +$70.4K |
|
492
Ashland
ASH
$2.49B
| $22.1M | 0.04% |
448,918
-3,679
| -0.8% | -$181K |
|
|
ANSS
493
DELISTED
Ansys
ANSS
| $22M | 0.04% |
250,100
-5,000
| -2% | -$441K |
|
494
Microchip Technology
MCHP
$35.2B
| $22M | 0.04% |
1,022,200
+1,800
| +0.2% | +$38.8K |
|
495
F5
FFIV
$18.4B
| $22M | 0.04% |
189,800
-9,100
| -5% | -$1.05M |
|
|
HCC
496
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $22M | 0.04% |
283,575
-20,900
| -7% | -$1.62M |
|
497
Leggett & Platt
LEG
$1.38B
| $21.9M | 0.04% |
531,882
-21,000
| -4% | -$866K |
|
498
Mattel
MAT
$5.96B
| $21.7M | 0.04% |
1,032,553
+400
| +0% | +$8.42K |
|
|
LLTC
499
DELISTED
Linear Technology Corp
LLTC
| $21.7M | 0.04% |
536,700
-50,800
| -9% | -$2.05M |
|
500
International Flavors & Fragrances
IFF
$17B
| $21.6M | 0.04% |
209,100
-5,700
| -3% | -$589K |
|