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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Cintas
CTAS
$82.4B
| $24.9M | 0.04% |
1,675,540
-2,468
| -0.1% | -$36.7K |
|
|
CPN
502
DELISTED
Calpine Corporation
CPN
| $24.8M | 0.04% |
1,296,464
+282,586
| +28% | +$5.41M |
|
503
Universal Health Services
UHS
$12.1B
| $24.8M | 0.04% |
307,588
+704
| +0.2% | +$56.7K |
|
504
Alliant Energy
LNT
$16.6B
| $24.8M | 0.04% |
962,708
+221,694
| +30% | +$5.7M |
|
505
Vulcan Materials
VMC
$39B
| $24.7M | 0.04% |
424,130
+108,803
| +35% | +$6.34M |
|
506
Waters Corp
WAT
$18.2B
| $24.7M | 0.04% |
247,604
+9,481
| +4% | +$944K |
|
507
Advance Auto Parts
AAP
$3.63B
| $24.4M | 0.04% |
221,883
+5,000
| +2% | +$551K |
|
508
Goodyear
GT
$2.43B
| $24.4M | 0.04% |
1,039,765
-25,290
| -2% | -$594K |
|
509
AGNC Investment
AGNC
$10.8B
| $24.4M | 0.04% |
1,224,203
+212,003
| +21% | +$4.23M |
|
|
SVC
510
Service Properties Trust
SVC
$481M
| $24.3M | 0.04% |
905,830
+629,380
| +228% | +$16.9M |
|
511
O-I Glass
OI
$1.97B
| $24.1M | 0.03% |
679,634
+142,629
| +27% | +$5.05M |
|
|
ANDV
512
DELISTED
Andeavor
ANDV
| $23.9M | 0.03% |
409,252
+67,378
| +20% | +$3.94M |
|
513
Fidelity National Financial
FNF
$16.5B
| $23.9M | 0.03% |
1,273,197
+158,412
| +14% | +$2.98M |
|
514
SL Green Realty
SLG
$4.4B
| $23.9M | 0.03% |
267,137
+31,382
| +13% | +$2.81M |
|
515
Charter Communications
CHTR
$35.7B
| $23.8M | 0.03% |
180,078
-1,983
| -1% | -$262K |
|
516
Expedia Group
EXPE
$26.6B
| $23.7M | 0.03% |
343,858
+49,942
| +17% | +$3.45M |
|
517
Steel Dynamics
STLD
$19.8B
| $23.7M | 0.03% |
1,227,300
-32,322
| -3% | -$625K |
|
518
CNO Financial Group
CNO
$3.85B
| $23.6M | 0.03% |
1,331,268
+289,949
| +28% | +$5.14M |
|
519
Nu Skin
NUS
$569M
| $23.6M | 0.03% |
171,452
-1,442
| -0.8% | -$198K |
|
520
GSK
GSK
$81.5B
| $23.6M | 0.03% |
+360,445
| New | +$23.6M |
|
521
Zions Bancorporation
ZION
$8.34B
| $23.6M | 0.03% |
790,495
+96,624
| +14% | +$2.88M |
|
522
Jacobs Solutions
J
$17.4B
| $23.5M | 0.03% |
460,267
+60,764
| +15% | +$3.11M |
|
523
Alaska Air
ALK
$7.28B
| $23.5M | 0.03% |
646,392
+143,352
| +28% | +$5.22M |
|
524
C.H. Robinson
CHRW
$14.9B
| $23.5M | 0.03% |
411,592
-28,041
| -6% | -$1.6M |
|
525
Lennox International
LII
$20.3B
| $23.4M | 0.03% |
276,116
+109,309
| +66% | +$9.28M |
|