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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Fox Class A
FOXA
$25.5B
| $23.2M | 0.03% |
634,243
-81,085
| -11% | -$2.97M |
|
477
Diamondback Energy
FANG
$40.4B
| $23.2M | 0.03% |
213,129
+15,291
| +8% | +$1.67M |
|
478
BioMarin Pharmaceuticals
BMRN
$10.5B
| $23.2M | 0.03% |
270,966
-10,157
| -4% | -$870K |
|
479
Kohl's
KSS
$1.8B
| $23.1M | 0.03% |
486,466
-92,956
| -16% | -$4.42M |
|
|
LSXMA
480
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $23.1M | 0.03% |
846,332
+33,675
| +4% | +$920K |
|
481
Equifax
EFX
$30.3B
| $23.1M | 0.03% |
170,621
-30,283
| -15% | -$4.1M |
|
482
CF Industries
CF
$14.1B
| $23M | 0.03% |
491,446
-65,889
| -12% | -$3.08M |
|
483
Jacobs Solutions
J
$17.3B
| $22.9M | 0.03% |
327,769
-49,841
| -13% | -$3.48M |
|
484
IDEX
IEX
$12.1B
| $22.8M | 0.03% |
132,550
-6,024
| -4% | -$1.04M |
|
485
Marvell Technology
MRVL
$57.8B
| $22.6M | 0.03% |
948,670
+33,001
| +4% | +$788K |
|
486
Steris
STE
$24B
| $22.6M | 0.03% |
152,030
-17,757
| -10% | -$2.64M |
|
487
Fair Isaac
FICO
$36.7B
| $22.5M | 0.03% |
71,705
-11,801
| -14% | -$3.71M |
|
488
JB Hunt Transport Services
JBHT
$13.3B
| $22.5M | 0.03% |
245,682
+6,460
| +3% | +$591K |
|
|
KSU
489
DELISTED
Kansas City Southern
KSU
| $22.5M | 0.03% |
184,326
-31,242
| -14% | -$3.81M |
|
490
KKR & Co
KKR
$124B
| $22.4M | 0.03% |
888,303
+17,705
| +2% | +$447K |
|
491
Lear
LEA
$5.76B
| $22.4M | 0.03% |
161,124
-34,342
| -18% | -$4.78M |
|
492
Western Digital
WDC
$33B
| $22.1M | 0.03% |
616,197
-229,343
| -27% | -$8.24M |
|
493
MarketAxess Holdings
MKTX
$6.9B
| $22M | 0.03% |
68,507
+1,535
| +2% | +$493K |
|
494
Franklin Resources
BEN
$12.6B
| $21.9M | 0.03% |
629,567
-153,682
| -20% | -$5.35M |
|
495
NVR
NVR
$23B
| $21.7M | 0.03% |
6,446
-589
| -8% | -$1.99M |
|
496
NetEase
NTES
$92.3B
| $21.1M | 0.02% |
411,975
+49,475
| +14% | +$2.53M |
|
497
Skyworks Solutions
SWKS
$10.9B
| $21.1M | 0.02% |
272,534
-10,699
| -4% | -$827K |
|
498
TransUnion
TRU
$17.5B
| $21.1M | 0.02% |
286,359
-31,304
| -10% | -$2.3M |
|
499
Allegion
ALLE
$14.6B
| $21M | 0.02% |
190,072
+408
| +0.2% | +$45.1K |
|
500
SS&C Technologies
SSNC
$21.6B
| $21M | 0.02% |
364,453
-19,606
| -5% | -$1.13M |
|