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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
TransDigm Group
TDG
$72.5B
| $22M | 0.04% |
99,900
-7,600
| -7% | -$1.67M |
|
477
AES
AES
$9.06B
| $21.9M | 0.04% |
1,962,753
-71,200
| -4% | -$796K |
|
478
American Financial Group
AFG
$11.4B
| $21.9M | 0.04% |
229,958
+6,900
| +3% | +$658K |
|
479
Cooper Companies
COO
$13.5B
| $21.9M | 0.04% |
438,800
-16,800
| -4% | -$840K |
|
480
ResMed
RMD
$39.6B
| $21.9M | 0.04% |
304,000
+14,600
| +5% | +$1.05M |
|
481
International Flavors & Fragrances
IFF
$16.5B
| $21.9M | 0.04% |
164,900
+8,700
| +6% | +$1.15M |
|
482
BorgWarner
BWA
$9.34B
| $21.8M | 0.04% |
593,901
-19,880
| -3% | -$731K |
|
483
HF Sinclair
DINO
$9.57B
| $21.8M | 0.04% |
769,800
+9,300
| +1% | +$264K |
|
484
Snap-on
SNA
$16.9B
| $21.8M | 0.04% |
129,100
-4,400
| -3% | -$742K |
|
485
Macerich
MAC
$4.53B
| $21.7M | 0.04% |
336,204
+2,200
| +0.7% | +$142K |
|
486
AXIS Capital
AXS
$7.59B
| $21.6M | 0.04% |
322,745
+6,300
| +2% | +$422K |
|
487
Raymond James Financial
RJF
$33.2B
| $21.4M | 0.04% |
421,533
-450
| -0.1% | -$22.9K |
|
|
XEC
488
DELISTED
CIMAREX ENERGY CO
XEC
| $21.4M | 0.04% |
179,300
-11,200
| -6% | -$1.34M |
|
489
Arrow Electronics
ARW
$6.54B
| $21.4M | 0.03% |
291,165
-4,500
| -2% | -$330K |
|
|
CSC
490
DELISTED
Computer Sciences
CSC
| $21.4M | 0.03% |
309,700
-53,067
| -15% | -$3.66M |
|
491
Ashland
ASH
$2.42B
| $21.4M | 0.03% |
352,645
-14,308
| -4% | -$867K |
|
492
Autoliv
ALV
$9.63B
| $21.3M | 0.03% |
289,577
-972
| -0.3% | -$71.6K |
|
493
Wynn Resorts
WYNN
$12.8B
| $21.3M | 0.03% |
186,100
-5,000
| -3% | -$573K |
|
494
Xerox
XRX
$456M
| $21.3M | 0.03% |
725,839
-361,107
| -33% | -$10.6M |
|
495
Kimco Realty
KIM
$15.1B
| $21.2M | 0.03% |
961,886
+45,900
| +5% | +$1.01M |
|
496
Acuity Brands
AYI
$10.1B
| $21.2M | 0.03% |
104,050
-2,700
| -3% | -$551K |
|
|
BPL
497
DELISTED
Buckeye Partners, L.P.
BPL
| $21.1M | 0.03% |
308,100
+73,600
| +31% | +$5.05M |
|
|
NBIS
498
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.3B
| $21.1M | 0.03% |
1,003,400
+509,400
| +103% | +$10.7M |
|
499
Navient
NAVI
$1.29B
| $21M | 0.03% |
1,424,100
-47,500
| -3% | -$701K |
|
500
Federal Realty Investment Trust
FRT
$8.67B
| $21M | 0.03% |
157,218
-500
| -0.3% | -$66.8K |
|