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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Spirit AeroSystems
SPR
$4.76B
| $29.4M | 0.04% |
320,695
-18,029
| -5% | -$1.65M |
|
477
Unum
UNM
$12.6B
| $29.4M | 0.04% |
752,314
-10,950
| -1% | -$428K |
|
478
NiSource
NI
$19.2B
| $29.4M | 0.04% |
1,178,907
+314,247
| +36% | +$7.83M |
|
479
Newell Brands
NWL
$2.54B
| $29.3M | 0.04% |
1,444,165
-65,779
| -4% | -$1.34M |
|
480
AXIS Capital
AXS
$7.59B
| $29.1M | 0.04% |
504,805
+58,809
| +13% | +$3.39M |
|
|
LSXMK
481
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $28.8M | 0.04% |
871,482
+339,522
| +64% | +$11.2M |
|
482
Masco
MAS
$15.3B
| $28.7M | 0.04% |
782,985
-125,868
| -14% | -$4.61M |
|
483
JD.com
JD
$47.2B
| $28.6M | 0.04% |
1,096,023
-88,392
| -7% | -$2.31M |
|
484
Cheniere Energy
LNG
$52.1B
| $28.4M | 0.04% |
408,817
+76,317
| +23% | +$5.3M |
|
485
CommScope
COMM
$3.59B
| $28.3M | 0.04% |
920,176
+111,516
| +14% | +$3.43M |
|
|
KSU
486
DELISTED
Kansas City Southern
KSU
| $28.2M | 0.04% |
248,531
-20,726
| -8% | -$2.35M |
|
487
Robert Half
RHI
$3.56B
| $28.1M | 0.04% |
399,438
+2,292
| +0.6% | +$161K |
|
488
Marvell Technology
MRVL
$57.8B
| $28.1M | 0.04% |
1,454,251
+214,986
| +17% | +$4.15M |
|
|
AMTD
489
DELISTED
TD Ameritrade Holding Corp
AMTD
| $27.9M | 0.04% |
528,004
-51,548
| -9% | -$2.72M |
|
490
Steel Dynamics
STLD
$19.5B
| $27.9M | 0.04% |
616,608
+6,640
| +1% | +$300K |
|
491
Snap-on
SNA
$16.9B
| $27.7M | 0.04% |
150,770
-12,736
| -8% | -$2.34M |
|
|
PBCT
492
DELISTED
People's United Financial Inc
PBCT
| $27.7M | 0.04% |
1,616,282
+239,702
| +17% | +$4.1M |
|
493
Tractor Supply
TSCO
$31B
| $27.4M | 0.04% |
1,509,700
-68,745
| -4% | -$1.25M |
|
494
Baker Hughes
BKR
$46.3B
| $27.4M | 0.04% |
809,208
-55,048
| -6% | -$1.86M |
|
495
EQT Corp
EQT
$31.9B
| $27.4M | 0.04% |
1,136,982
+368,795
| +48% | +$8.88M |
|
496
Old Dominion Freight Line
ODFL
$30.7B
| $27.3M | 0.04% |
507,918
+7,542
| +2% | +$405K |
|
497
GoDaddy
GDDY
$20.1B
| $27.1M | 0.04% |
325,294
+81,913
| +34% | +$6.83M |
|
498
Jones Lang LaSalle
JLL
$14.6B
| $27.1M | 0.03% |
187,624
+9,645
| +5% | +$1.39M |
|
499
Alaska Air
ALK
$7.22B
| $27M | 0.03% |
391,668
-20,934
| -5% | -$1.44M |
|
500
Zions Bancorporation
ZION
$8.56B
| $26.9M | 0.03% |
535,670
-28,595
| -5% | -$1.43M |
|