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 |
Comcast
CMCSA
|
$73.1M |
| 2 |
Voya Financial
VOYA
|
$38.3M |
| 3 |
American Airlines Group
AAL
|
$38.2M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
$37.9M |
| 5 |
DISCA
Discovery, Inc. Series A Common Stock
DISCA
|
$21.7M |
Top Sells
| 1 |
EOG Resources
EOG
|
$235M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$67.3M |
| 3 |
Apple
AAPL
|
$67.2M |
| 4 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$65.9M |
| 5 |
Exxon Mobil
XOM
|
$36.8M |
Sector Composition
| 1 | Financials | 15.85% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 12.47% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LXK
501
DELISTED
Lexmark Intl Inc
LXK
| $26.6M | 0.04% |
551,874
+121,300
| +28% | +$5.84M |
|
|
LLTC
502
DELISTED
Linear Technology Corp
LLTC
| $26.5M | 0.04% |
562,100
+13,730
| +3% | +$646K |
|
503
Edwards Lifesciences
EW
$47.5B
| $26.4M | 0.04% |
1,844,370
-157,032
| -8% | -$2.25M |
|
504
HF Sinclair
DINO
$9.56B
| $26.3M | 0.04% |
601,437
-58,996
| -9% | -$2.58M |
|
505
FMC
FMC
$4.72B
| $26.3M | 0.04% |
425,226
-6,342
| -1% | -$392K |
|
506
CarMax
KMX
$9.11B
| $26.2M | 0.04% |
504,700
-79,500
| -14% | -$4.13M |
|
507
Nasdaq
NDAQ
$53.6B
| $26.2M | 0.04% |
2,038,776
-176,100
| -8% | -$2.27M |
|
|
SNI
508
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $26.2M | 0.04% |
322,862
-13,100
| -4% | -$1.06M |
|
|
ENDP
509
DELISTED
Endo International plc
ENDP
| $26.2M | 0.04% |
373,569
+690
| +0.2% | +$48.3K |
|
|
PLL
510
DELISTED
PALL CORP
PLL
| $26.1M | 0.04% |
305,664
-44,003
| -13% | -$3.76M |
|
511
Waters Corp
WAT
$18.2B
| $26M | 0.04% |
249,404
-21,003
| -8% | -$2.19M |
|
512
NVIDIA
NVDA
$4.07T
| $26M | 0.04% |
56,179,600
-3,280,000
| -6% | -$1.52M |
|
513
AGNC Investment
AGNC
$10.8B
| $26M | 0.04% |
1,108,868
-7,602
| -0.7% | -$178K |
|
514
H&R Block
HRB
$6.85B
| $25.9M | 0.04% |
771,471
+700
| +0.1% | +$23.5K |
|
515
Expeditors International
EXPD
$16.4B
| $25.7M | 0.03% |
581,350
-27,800
| -5% | -$1.23M |
|
516
Corpay
CPAY
$22.4B
| $25.6M | 0.03% |
193,950
+6,600
| +4% | +$870K |
|
517
Garmin
GRMN
$45.7B
| $25.6M | 0.03% |
419,600
-10,400
| -2% | -$633K |
|
|
SBNY
518
DELISTED
Signature Bank
SBNY
| $25.5M | 0.03% |
202,247
+51,347
| +34% | +$6.48M |
|
519
GameStop
GME
$10.1B
| $25.5M | 0.03% |
2,521,772
-286,376
| -10% | -$2.9M |
|
520
Dillards
DDS
$9B
| $25.5M | 0.03% |
218,468
+111,368
| +104% | +$13M |
|
|
FTR
521
DELISTED
Frontier Communications Corp.
FTR
| $25.5M | 0.03% |
290,768
+97
| +0% | +$8.5K |
|
522
Huntington Bancshares
HBAN
$25.7B
| $25.4M | 0.03% |
2,666,631
-3,488
| -0.1% | -$33.3K |
|
523
McCormick & Company Non-Voting
MKC
$19B
| $25.3M | 0.03% |
705,964
-9,800
| -1% | -$351K |
|
524
NVR
NVR
$23.5B
| $25.2M | 0.03% |
21,930
-1,300
| -6% | -$1.5M |
|
|
LVLT
525
DELISTED
Level 3 Communications Inc
LVLT
| $25.1M | 0.03% |
571,910
-19,300
| -3% | -$847K |
|