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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Steel Dynamics
STLD
$19.8B
| $28M | 0.04% |
609,968
+31,690
| +5% | +$1.46M |
|
477
Copart
CPRT
$47.1B
| $27.9M | 0.04% |
1,971,996
-315,372
| -14% | -$4.46M |
|
478
The Mosaic Company
MOS
$10.3B
| $27.9M | 0.04% |
993,118
-90,307
| -8% | -$2.53M |
|
479
Trip.com Group
TCOM
$47.3B
| $27.6M | 0.04% |
579,079
+9,015
| +2% | +$429K |
|
|
GAP
480
The Gap, Inc.
GAP
$8.96B
| $27.5M | 0.04% |
848,067
-158,718
| -16% | -$5.14M |
|
481
AGNC Investment
AGNC
$10.8B
| $27.3M | 0.04% |
1,469,317
+302,074
| +26% | +$5.62M |
|
482
International Flavors & Fragrances
IFF
$17B
| $27.3M | 0.04% |
219,886
+50,704
| +30% | +$6.29M |
|
483
Assurant
AIZ
$10.7B
| $27.2M | 0.04% |
262,950
+31,091
| +13% | +$3.22M |
|
484
NVR
NVR
$23.6B
| $26.9M | 0.04% |
9,051
-890
| -9% | -$2.64M |
|
485
Packaging Corp of America
PKG
$19.4B
| $26.9M | 0.04% |
240,447
-3,593
| -1% | -$402K |
|
486
Teleflex
TFX
$5.75B
| $26.6M | 0.04% |
99,328
+864
| +0.9% | +$232K |
|
|
JWN
487
DELISTED
Nordstrom
JWN
| $26.6M | 0.04% |
513,405
-23,079
| -4% | -$1.2M |
|
488
Marvell Technology
MRVL
$57.6B
| $26.6M | 0.04% |
1,239,265
+60,196
| +5% | +$1.29M |
|
489
Camden Property Trust
CPT
$11.9B
| $26.6M | 0.04% |
291,517
+64,302
| +28% | +$5.86M |
|
490
JB Hunt Transport Services
JBHT
$13.8B
| $26.4M | 0.04% |
217,334
-12,992
| -6% | -$1.58M |
|
|
Y
491
DELISTED
Alleghany Corporation
Y
| $26.3M | 0.04% |
45,748
+6,909
| +18% | +$3.97M |
|
492
Snap-on
SNA
$17.1B
| $26.3M | 0.04% |
163,506
+14,535
| +10% | +$2.34M |
|
493
SL Green Realty
SLG
$4.32B
| $26.3M | 0.04% |
269,770
+10,416
| +4% | +$1.01M |
|
494
Fidelity National Financial
FNF
$16.4B
| $26.2M | 0.04% |
724,722
+139,949
| +24% | +$5.06M |
|
495
CoStar Group
CSGP
$37.3B
| $26.2M | 0.04% |
634,080
-86,910
| -12% | -$3.59M |
|
496
KKR & Co
KKR
$124B
| $26.1M | 0.04% |
1,049,332
+110,577
| +12% | +$2.75M |
|
497
Robert Half
RHI
$3.66B
| $25.9M | 0.04% |
397,146
-3,109
| -0.8% | -$202K |
|
498
Workday
WDAY
$61.9B
| $25.8M | 0.04% |
213,284
-41,363
| -16% | -$5.01M |
|
499
Alliant Energy
LNT
$16.5B
| $25.8M | 0.04% |
610,221
+77,632
| +15% | +$3.29M |
|
500
Pinnacle West Capital
PNW
$10.5B
| $25.8M | 0.04% |
320,468
+58,407
| +22% | +$4.71M |
|