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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Nasdaq
NDAQ
$55B
| $21.6M | 0.04% |
1,212,576
-54,000
| -4% | -$960K |
|
502
Norwegian Cruise Line
NCLH
$12.1B
| $21.5M | 0.04% |
375,900
+12,500
| +3% | +$716K |
|
503
AGNC Investment
AGNC
$10.8B
| $21.5M | 0.04% |
1,150,500
+34,500
| +3% | +$645K |
|
504
Reinsurance Group of America
RGA
$12.6B
| $21.5M | 0.04% |
237,100
-7,300
| -3% | -$661K |
|
505
KLA
KLAC
$127B
| $21.5M | 0.04% |
429,338
-37,100
| -8% | -$1.86M |
|
|
Y
506
DELISTED
Alleghany Corporation
Y
| $21.4M | 0.04% |
45,800
+200
| +0.4% | +$93.6K |
|
507
ManpowerGroup
MAN
$1.79B
| $21.4M | 0.04% |
261,550
+4,100
| +2% | +$336K |
|
508
Capri Holdings
CPRI
$2.53B
| $21.3M | 0.04% |
504,700
-16,900
| -3% | -$714K |
|
509
Herc Holdings
HRI
$4.48B
| $21.2M | 0.04% |
423,333
+13,800
| +3% | +$693K |
|
510
United Therapeutics
UTHR
$18.1B
| $21.1M | 0.04% |
161,002
-2,200
| -1% | -$289K |
|
|
VAR
511
DELISTED
Varian Medical Systems, Inc.
VAR
| $21.1M | 0.04% |
326,263
-7,298
| -2% | -$472K |
|
512
AXIS Capital
AXS
$7.68B
| $21.1M | 0.04% |
392,645
-22,900
| -6% | -$1.23M |
|
513
Synopsys
SNPS
$78.9B
| $21M | 0.04% |
454,160
-8,500
| -2% | -$393K |
|
|
WBC
514
DELISTED
WABCO HOLDINGS INC.
WBC
| $20.9M | 0.04% |
199,500
+3,600
| +2% | +$377K |
|
|
CVC
515
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $20.9M | 0.04% |
643,181
-29,600
| -4% | -$961K |
|
516
Williams-Sonoma
WSM
$24.9B
| $20.6M | 0.03% |
538,800
-1,000
| -0.2% | -$38.2K |
|
517
Alliant Energy
LNT
$16.6B
| $20.5M | 0.03% |
700,308
-63,200
| -8% | -$1.85M |
|
|
ETP
518
DELISTED
Energy Transfer Partners, L.P.
ETP
| $20.5M | 0.03% |
714,300
-10,600
| -1% | -$304K |
|
519
Fortune Brands Innovations
FBIN
$7.2B
| $20.3M | 0.03% |
500,877
+13,806
| +3% | +$560K |
|
|
MBLY
520
DELISTED
Mobileye N.V.
MBLY
| $20.1M | 0.03% |
+442,896
| New | +$20.1M |
|
521
Jazz Pharmaceuticals
JAZZ
$7.75B
| $20.1M | 0.03% |
151,500
-4,700
| -3% | -$624K |
|
522
Lennox International
LII
$20.1B
| $20M | 0.03% |
176,900
-4,000
| -2% | -$453K |
|
523
Palo Alto Networks
PANW
$133B
| $20M | 0.03% |
696,000
-1,800
| -0.3% | -$51.6K |
|
|
CDK
524
DELISTED
CDK Global, Inc.
CDK
| $19.6M | 0.03% |
410,300
+20,367
| +5% | +$973K |
|
525
Ralph Lauren
RL
$19B
| $19.6M | 0.03% |
165,900
-2,100
| -1% | -$248K |
|