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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Xylem
XYL
$33.6B
| $33.2M | 0.03% |
420,795
+35,068
| +9% | +$2.76M |
|
477
Take-Two Interactive
TTWO
$45.1B
| $33M | 0.03% |
269,773
+30,401
| +13% | +$3.72M |
|
|
NBL
478
DELISTED
Noble Energy, Inc.
NBL
| $33M | 0.03% |
1,327,984
+196,095
| +17% | +$4.87M |
|
479
SS&C Technologies
SSNC
$21.6B
| $32.5M | 0.03% |
529,235
+36,837
| +7% | +$2.26M |
|
480
Ingredion
INGR
$8.05B
| $32.4M | 0.03% |
348,376
-18,940
| -5% | -$1.76M |
|
481
Atlassian
TEAM
$46.1B
| $32.3M | 0.03% |
268,389
+19,779
| +8% | +$2.38M |
|
|
AMTD
482
DELISTED
TD Ameritrade Holding Corp
AMTD
| $32.3M | 0.03% |
649,347
+27,548
| +4% | +$1.37M |
|
483
Zebra Technologies
ZBRA
$15.6B
| $32.1M | 0.03% |
125,595
+3,484
| +3% | +$890K |
|
484
Steris
STE
$24.2B
| $32M | 0.03% |
209,803
+10,806
| +5% | +$1.65M |
|
485
Gartner
IT
$17.7B
| $32M | 0.03% |
207,377
+3,169
| +2% | +$488K |
|
486
United Rentals
URI
$61.2B
| $31.9M | 0.03% |
191,551
+15,402
| +9% | +$2.57M |
|
487
AES
AES
$9.1B
| $31.9M | 0.03% |
1,602,670
-106,516
| -6% | -$2.12M |
|
488
Paycom
PAYC
$12.5B
| $31.2M | 0.03% |
117,770
+301
| +0.3% | +$79.7K |
|
489
Dentsply Sirona
XRAY
$2.75B
| $31.1M | 0.03% |
549,200
-52,295
| -9% | -$2.96M |
|
490
IDEX
IEX
$12.1B
| $31M | 0.03% |
180,004
+7,230
| +4% | +$1.24M |
|
491
Sabre
SABR
$679M
| $30.9M | 0.03% |
1,376,969
+483,869
| +54% | +$10.9M |
|
492
Cheniere Energy
LNG
$51.9B
| $30.8M | 0.03% |
504,587
+4,844
| +1% | +$296K |
|
493
FMC
FMC
$4.6B
| $30.8M | 0.03% |
308,454
+25,138
| +9% | +$2.51M |
|
|
CMCT
494
Creative Media & Community Trust
CMCT
$5.55M
| $30.8M | 0.03% |
8,658
-5,476
| -39% | -$19.5M |
|
|
VAR
495
DELISTED
Varian Medical Systems, Inc.
VAR
| $30.7M | 0.03% |
216,202
+20,901
| +11% | +$2.97M |
|
|
ETFC
496
DELISTED
E*Trade Financial Corporation
ETFC
| $30.5M | 0.03% |
672,461
+79,006
| +13% | +$3.58M |
|
497
Devon Energy
DVN
$22.2B
| $30.3M | 0.03% |
1,166,725
+191,393
| +20% | +$4.97M |
|
498
International Flavors & Fragrances
IFF
$16.4B
| $30.1M | 0.03% |
233,422
-228,623
| -49% | -$29.5M |
|
|
SGEN
499
DELISTED
Seagen Inc. Common Stock
SGEN
| $30.1M | 0.03% |
263,222
+64,062
| +32% | +$7.32M |
|
500
Hasbro
HAS
$10.9B
| $29.8M | 0.03% |
282,362
+35,088
| +14% | +$3.71M |
|