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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Voya Financial
VOYA
$7.28B
| $23.7M | 0.04% |
797,000
+12,500
| +2% | +$372K |
|
477
International Flavors & Fragrances
IFF
$16.7B
| $23.5M | 0.04% |
206,400
-1,700
| -0.8% | -$193K |
|
478
Martin Marietta Materials
MLM
$37B
| $23.4M | 0.04% |
146,894
-12,900
| -8% | -$2.06M |
|
|
DISH
479
DELISTED
DISH Network Corp.
DISH
| $23.4M | 0.04% |
505,700
-39,100
| -7% | -$1.81M |
|
480
AGNC Investment
AGNC
$10.8B
| $23.3M | 0.04% |
1,249,800
+30,900
| +3% | +$576K |
|
481
Microchip Technology
MCHP
$34.9B
| $23.3M | 0.04% |
966,000
-54,800
| -5% | -$1.32M |
|
482
Huntington Bancshares
HBAN
$25.7B
| $23.2M | 0.04% |
2,432,982
-147,100
| -6% | -$1.4M |
|
483
Liberty Global Class A
LBTYA
$3.94B
| $23.2M | 0.04% |
689,228
-21,774
| -3% | -$732K |
|
484
HF Sinclair
DINO
$9.81B
| $23.1M | 0.04% |
654,600
+11,700
| +2% | +$413K |
|
485
Hologic
HOLX
$14.8B
| $22.7M | 0.04% |
657,800
-58,500
| -8% | -$2.02M |
|
486
Reinsurance Group of America
RGA
$12.6B
| $22.6M | 0.04% |
235,300
-800
| -0.3% | -$77K |
|
487
Fortune Brands Innovations
FBIN
$7.05B
| $22.6M | 0.04% |
472,212
-37,557
| -7% | -$1.8M |
|
|
TIF
488
DELISTED
Tiffany & Co.
TIF
| $22.6M | 0.04% |
308,000
-1,000
| -0.3% | -$73.4K |
|
489
Bunge Global
BG
$16.8B
| $22.5M | 0.04% |
396,722
+2,500
| +0.6% | +$142K |
|
490
Hilton Worldwide
HLT
$64.7B
| $22.5M | 0.04% |
332,559
-7,300
| -2% | -$493K |
|
491
Coterra Energy
CTRA
$18.2B
| $22.3M | 0.04% |
982,500
-55,500
| -5% | -$1.26M |
|
|
Y
492
DELISTED
Alleghany Corporation
Y
| $22.3M | 0.04% |
44,900
-1,700
| -4% | -$844K |
|
493
Avery Dennison
AVY
$13B
| $22.2M | 0.04% |
308,037
-8,700
| -3% | -$627K |
|
494
JB Hunt Transport Services
JBHT
$13.6B
| $22.2M | 0.04% |
263,000
+2,000
| +0.8% | +$168K |
|
495
Ashland
ASH
$2.44B
| $22.1M | 0.04% |
410,899
| – | – |
|
496
ResMed
RMD
$40.9B
| $22M | 0.04% |
380,400
-7,200
| -2% | -$416K |
|
497
CBRE Group
CBRE
$48.2B
| $21.9M | 0.04% |
758,900
-49,600
| -6% | -$1.43M |
|
498
Affiliated Managers Group
AMG
$6.59B
| $21.9M | 0.04% |
134,600
-3,300
| -2% | -$536K |
|
499
Herbalife
HLF
$977M
| $21.8M | 0.04% |
709,000
-12,800
| -2% | -$394K |
|
500
SL Green Realty
SLG
$4.21B
| $21.7M | 0.04% |
231,675
-17,458
| -7% | -$1.64M |
|