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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Brookfield Infrastructure Partners
BIP
$14.3B
| $22.6M | 0.04% |
929,124
+49,728
| +6% | +$1.21M |
|
477
Raymond James Financial
RJF
$33.1B
| $22.6M | 0.04% |
422,583
+1,050
| +0.2% | +$56.2K |
|
478
BorgWarner
BWA
$9.34B
| $22.4M | 0.04% |
601,512
+7,611
| +1% | +$284K |
|
|
KSU
479
DELISTED
Kansas City Southern
KSU
| $22.4M | 0.04% |
213,900
+8,600
| +4% | +$900K |
|
|
PNRA
480
DELISTED
Panera Bread Co
PNRA
| $22.3M | 0.04% |
70,900
+4,400
| +7% | +$1.38M |
|
481
Chemours
CC
$2.45B
| $22.2M | 0.04% |
584,853
-223,400
| -28% | -$8.47M |
|
482
Mercado Libre
MELI
$118B
| $22.1M | 0.04% |
88,100
+1,100
| +1% | +$276K |
|
483
Pediatrix Medical
MD
$1.44B
| $22M | 0.04% |
364,800
+19,400
| +6% | +$1.17M |
|
484
American Financial Group
AFG
$11.5B
| $21.9M | 0.04% |
220,258
-9,700
| -4% | -$964K |
|
485
Arrow Electronics
ARW
$6.52B
| $21.9M | 0.04% |
278,965
-12,200
| -4% | -$957K |
|
486
Lennar Class A
LEN
$35.2B
| $21.9M | 0.04% |
430,520
+8,720
| +2% | +$443K |
|
487
Navient
NAVI
$1.29B
| $21.8M | 0.03% |
1,311,300
-112,800
| -8% | -$1.88M |
|
488
Liberty Broadband Class C
LBRDK
$8.67B
| $21.8M | 0.03% |
251,400
+33,900
| +16% | +$2.94M |
|
489
Acuity Brands
AYI
$10.1B
| $21.8M | 0.03% |
107,250
+3,200
| +3% | +$651K |
|
490
Palo Alto Networks
PANW
$133B
| $21.8M | 0.03% |
976,800
+110,400
| +13% | +$2.46M |
|
491
FMC
FMC
$4.58B
| $21.6M | 0.03% |
340,481
+7,033
| +2% | +$446K |
|
492
Snap-on
SNA
$16.8B
| $21.5M | 0.03% |
136,300
+7,200
| +6% | +$1.14M |
|
493
New Oriental
EDU
$8.83B
| $21.5M | 0.03% |
305,200
+6,200
| +2% | +$437K |
|
494
Assured Guaranty
AGO
$3.9B
| $21.4M | 0.03% |
513,692
-17,200
| -3% | -$718K |
|
495
Fortune Brands Innovations
FBIN
$7.08B
| $21.3M | 0.03% |
382,239
+14,976
| +4% | +$835K |
|
496
CF Industries
CF
$13.9B
| $21.3M | 0.03% |
761,410
-10,900
| -1% | -$305K |
|
497
Aramark
ARMK
$9.96B
| $21.2M | 0.03% |
718,123
+52,353
| +8% | +$1.55M |
|
498
Avery Dennison
AVY
$12.9B
| $21.2M | 0.03% |
240,137
+4,000
| +2% | +$353K |
|
499
Amdocs
DOX
$9.26B
| $21.1M | 0.03% |
328,100
+13,700
| +4% | +$883K |
|
|
MBLY
500
DELISTED
Mobileye N.V.
MBLY
| $21.1M | 0.03% |
336,096
+7,300
| +2% | +$458K |
|