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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
IAC Inc
IAC
$2.85B
| $26.3M | 0.04% |
940,258
-98,149
| -9% | -$2.74M |
|
477
Brookfield Infrastructure Partners
BIP
$14.3B
| $26.2M | 0.04% |
1,057,728
+36,031
| +4% | +$893K |
|
478
Interpublic Group of Companies
IPG
$9.52B
| $26.2M | 0.04% |
1,136,240
-47,528
| -4% | -$1.09M |
|
479
CoStar Group
CSGP
$37B
| $26.1M | 0.04% |
720,990
-44,160
| -6% | -$1.6M |
|
480
Xerox
XRX
$464M
| $26.1M | 0.04% |
907,021
+171,080
| +23% | +$4.92M |
|
481
Alnylam Pharmaceuticals
ALNY
$61.1B
| $26M | 0.04% |
218,599
+22,561
| +12% | +$2.69M |
|
482
Affiliated Managers Group
AMG
$6.63B
| $26M | 0.04% |
137,179
+13,245
| +11% | +$2.51M |
|
|
JWN
483
DELISTED
Nordstrom
JWN
| $26M | 0.04% |
536,484
-29,166
| -5% | -$1.41M |
|
484
SiriusXM
SIRI
$8.06B
| $25.9M | 0.04% |
415,364
+1,041
| +0.3% | +$65K |
|
485
CF Industries
CF
$13.8B
| $25.9M | 0.04% |
686,362
-92,235
| -12% | -$3.48M |
|
486
Advance Auto Parts
AAP
$3.57B
| $25.8M | 0.04% |
217,722
+21,320
| +11% | +$2.53M |
|
487
Martin Marietta Materials
MLM
$37.4B
| $25.8M | 0.04% |
124,490
+3,157
| +3% | +$654K |
|
|
VMW
488
DELISTED
VMware, Inc
VMW
| $25.7M | 0.04% |
212,026
+8,607
| +4% | +$1.04M |
|
489
Sealed Air
SEE
$4.85B
| $25.6M | 0.04% |
598,544
+33,398
| +6% | +$1.43M |
|
490
Steel Dynamics
STLD
$19.5B
| $25.6M | 0.04% |
578,278
+41,618
| +8% | +$1.84M |
|
491
ON Semiconductor
ON
$19.9B
| $25.5M | 0.04% |
1,043,784
-36,922
| -3% | -$903K |
|
492
F5
FFIV
$18.8B
| $25.5M | 0.04% |
176,290
+4,791
| +3% | +$693K |
|
493
Diamondback Energy
FANG
$40.1B
| $25.5M | 0.04% |
201,382
-8,033
| -4% | -$1.02M |
|
494
Arthur J. Gallagher & Co
AJG
$75.5B
| $25.5M | 0.04% |
370,669
-18,744
| -5% | -$1.29M |
|
495
lululemon athletica
LULU
$19.6B
| $25.4M | 0.04% |
285,035
+12,262
| +4% | +$1.09M |
|
496
Raymond James Financial
RJF
$33.3B
| $25.4M | 0.04% |
425,829
+26,382
| +7% | +$1.57M |
|
497
Cooper Companies
COO
$13.4B
| $25.2M | 0.04% |
439,724
-46,624
| -10% | -$2.67M |
|
498
Arch Capital
ACGL
$33.6B
| $25.2M | 0.04% |
881,595
-156,735
| -15% | -$4.47M |
|
499
Teleflex
TFX
$5.67B
| $25.1M | 0.04% |
98,464
-6,490
| -6% | -$1.65M |
|
500
Flex
FLEX
$21.4B
| $25M | 0.04% |
2,034,531
-9,389
| -0.5% | -$116K |
|