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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
ResMed
RMD
$40.9B
| $27.4M | 0.04% |
323,758
+23,960
| +8% | +$2.03M |
|
477
Pultegroup
PHM
$27.9B
| $27.4M | 0.04% |
823,535
+68,454
| +9% | +$2.28M |
|
478
Brookfield Infrastructure Partners
BIP
$14.4B
| $27.3M | 0.04% |
1,021,697
-12,691
| -1% | -$338K |
|
479
Cadence Design Systems
CDNS
$98.3B
| $27.1M | 0.04% |
648,730
+17,954
| +3% | +$751K |
|
480
AGNC Investment
AGNC
$10.8B
| $27M | 0.04% |
1,336,562
+45,710
| +4% | +$923K |
|
481
Harley-Davidson
HOG
$3.77B
| $27M | 0.04% |
530,312
+20,607
| +4% | +$1.05M |
|
482
Alliant Energy
LNT
$16.5B
| $26.9M | 0.04% |
630,412
+10,355
| +2% | +$441K |
|
483
Alaska Air
ALK
$7.34B
| $26.8M | 0.04% |
365,169
+2,360
| +0.7% | +$173K |
|
484
Old Dominion Freight Line
ODFL
$31.8B
| $26.8M | 0.04% |
612,072
-7,113
| -1% | -$312K |
|
485
Campbell Soup
CPB
$10.1B
| $26.8M | 0.04% |
557,799
+139,366
| +33% | +$6.7M |
|
486
Martin Marietta Materials
MLM
$37.8B
| $26.8M | 0.04% |
121,333
+4,175
| +4% | +$923K |
|
|
JWN
487
DELISTED
Nordstrom
JWN
| $26.8M | 0.04% |
565,650
+102,463
| +22% | +$4.85M |
|
488
JB Hunt Transport Services
JBHT
$13.8B
| $26.7M | 0.04% |
232,077
+5,893
| +3% | +$678K |
|
|
NBL
489
DELISTED
Noble Energy, Inc.
NBL
| $26.7M | 0.04% |
914,617
+42,228
| +5% | +$1.23M |
|
490
NRG Energy
NRG
$28.6B
| $26.5M | 0.04% |
930,227
-77,325
| -8% | -$2.2M |
|
491
Cooper Companies
COO
$13.7B
| $26.5M | 0.04% |
486,348
+4,020
| +0.8% | +$219K |
|
492
Cognex
CGNX
$7.49B
| $26.5M | 0.04% |
432,889
-2,745
| -0.6% | -$168K |
|
|
NLSN
493
DELISTED
Nielsen Holdings plc
NLSN
| $26.5M | 0.04% |
726,681
+7,711
| +1% | +$281K |
|
494
Diamondback Energy
FANG
$39.7B
| $26.4M | 0.04% |
209,415
+23,254
| +12% | +$2.94M |
|
495
Copart
CPRT
$47.1B
| $26.3M | 0.04% |
2,432,632
+12,784
| +0.5% | +$138K |
|
496
Macerich
MAC
$4.68B
| $26.2M | 0.04% |
399,482
+26,103
| +7% | +$1.71M |
|
497
Ingredion
INGR
$8.22B
| $26.1M | 0.04% |
186,989
+11,312
| +6% | +$1.58M |
|
498
Teleflex
TFX
$5.75B
| $26.1M | 0.04% |
104,954
+2,772
| +3% | +$690K |
|
499
Fortune Brands Innovations
FBIN
$7.29B
| $26.1M | 0.04% |
446,321
+34,213
| +8% | +$2M |
|
500
Workday
WDAY
$61.9B
| $26.1M | 0.04% |
256,392
+35,092
| +16% | +$3.57M |
|