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 |
Alphabet (Google) Class A
GOOGL
|
$610M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$578M |
| 3 |
Synchrony
SYF
|
$161M |
| 4 |
Hewlett Packard
HPE
|
$75.4M |
| 5 |
Alibaba
BABA
|
$56.5M |
Top Sells
| 1 |
GE Aerospace
GE
|
$121M |
| 2 |
HP
HPQ
|
$74M |
| 3 |
Apple
AAPL
|
$47.2M |
| 4 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
$44.7M |
| 5 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$39.1M |
Sector Composition
| 1 | Financials | 16.32% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.08% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
AXIS Capital
AXS
$7.62B
| $22.1M | 0.04% |
393,445
+800
| +0.2% | +$45K |
|
502
Affiliated Managers Group
AMG
$6.62B
| $22M | 0.03% |
137,900
-1,600
| -1% | -$256K |
|
503
ManpowerGroup
MAN
$1.91B
| $21.9M | 0.03% |
259,350
-2,200
| -0.8% | -$185K |
|
504
Martin Marietta Materials
MLM
$37.5B
| $21.8M | 0.03% |
159,794
+7,400
| +5% | +$1.01M |
|
505
Hilton Worldwide
HLT
$64B
| $21.8M | 0.03% |
339,859
+87,767
| +35% | +$5.63M |
|
|
ULTI
506
DELISTED
Ultimate Software Group Inc
ULTI
| $21.8M | 0.03% |
111,600
+3,300
| +3% | +$645K |
|
507
Pinnacle West Capital
PNW
$10.6B
| $21.8M | 0.03% |
337,898
-31,100
| -8% | -$2.01M |
|
|
SIRO
508
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $21.7M | 0.03% |
198,328
+5,400
| +3% | +$592K |
|
509
Manhattan Associates
MANH
$13B
| $21.5M | 0.03% |
324,900
+18,000
| +6% | +$1.19M |
|
510
Jazz Pharmaceuticals
JAZZ
$7.86B
| $21.5M | 0.03% |
152,700
+1,200
| +0.8% | +$169K |
|
|
GAP
511
The Gap, Inc.
GAP
$8.83B
| $21.3M | 0.03% |
860,725
+25,900
| +3% | +$640K |
|
512
Synopsys
SNPS
$111B
| $21.2M | 0.03% |
465,860
+11,700
| +3% | +$534K |
|
513
Alliant Energy
LNT
$16.6B
| $21.2M | 0.03% |
679,308
-21,000
| -3% | -$656K |
|
514
Revvity
RVTY
$10.1B
| $21.1M | 0.03% |
394,600
+39,700
| +11% | +$2.13M |
|
515
AGNC Investment
AGNC
$10.8B
| $21.1M | 0.03% |
1,218,900
+68,400
| +6% | +$1.19M |
|
516
Darden Restaurants
DRI
$24.5B
| $21M | 0.03% |
329,800
-40,376
| -11% | -$2.57M |
|
517
Palo Alto Networks
PANW
$130B
| $20.9M | 0.03% |
710,400
+14,400
| +2% | +$423K |
|
518
Workday
WDAY
$61.7B
| $20.8M | 0.03% |
261,400
| – | – |
|
519
ResMed
RMD
$40.6B
| $20.8M | 0.03% |
387,600
+33,600
| +9% | +$1.8M |
|
520
SEI Investments
SEIC
$10.8B
| $20.8M | 0.03% |
397,100
-4,400
| -1% | -$231K |
|
|
SCG
521
DELISTED
Scana
SCG
| $20.8M | 0.03% |
343,400
-2,300
| -0.7% | -$139K |
|
522
Xylem
XYL
$34.2B
| $20.8M | 0.03% |
569,000
+500
| +0.1% | +$18.3K |
|
523
Dentsply Sirona
XRAY
$2.92B
| $20.7M | 0.03% |
339,500
-1,600
| -0.5% | -$97.4K |
|
524
Ashland
ASH
$2.51B
| $20.6M | 0.03% |
410,899
-38,019
| -8% | -$1.91M |
|
525
JetBlue
JBLU
$1.85B
| $20.6M | 0.03% |
910,804
-58,100
| -6% | -$1.32M |
|