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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
BorgWarner
BWA
$9.36B
| $21.7M | 0.04% |
641,840
-24,992
| -4% | -$845K |
|
502
Fidelity National Financial
FNF
$16B
| $21.6M | 0.03% |
915,950
-155,852
| -15% | -$3.67M |
|
503
ManpowerGroup
MAN
$1.75B
| $21.5M | 0.03% |
263,550
+4,200
| +2% | +$342K |
|
504
A.O. Smith
AOS
$10.2B
| $21.4M | 0.03% |
560,800
-28,200
| -5% | -$1.08M |
|
505
Signet Jewelers
SIG
$3.77B
| $21.4M | 0.03% |
172,500
-9,000
| -5% | -$1.12M |
|
|
ANSS
506
DELISTED
Ansys
ANSS
| $21.4M | 0.03% |
239,100
-17,900
| -7% | -$1.6M |
|
507
Flex
FLEX
$21.6B
| $21.3M | 0.03% |
2,341,093
+16,720
| +0.7% | +$152K |
|
|
XEC
508
DELISTED
CIMAREX ENERGY CO
XEC
| $21.3M | 0.03% |
218,600
-10,900
| -5% | -$1.06M |
|
509
Ingredion
INGR
$8.05B
| $21.2M | 0.03% |
198,900
-7,700
| -4% | -$822K |
|
510
Domino's
DPZ
$15.2B
| $21.1M | 0.03% |
160,302
-4,000
| -2% | -$527K |
|
511
Comerica
CMA
$8.89B
| $21.1M | 0.03% |
557,364
+4,600
| +0.8% | +$174K |
|
|
KSU
512
DELISTED
Kansas City Southern
KSU
| $21.1M | 0.03% |
247,000
-14,100
| -5% | -$1.2M |
|
513
AXIS Capital
AXS
$7.57B
| $21.1M | 0.03% |
380,245
-13,200
| -3% | -$732K |
|
514
Arrow Electronics
ARW
$6.52B
| $21M | 0.03% |
326,465
+8,900
| +3% | +$573K |
|
515
Mid-America Apartment Communities
MAA
$16.8B
| $21M | 0.03% |
205,242
-18,700
| -8% | -$1.91M |
|
|
WP
516
DELISTED
Worldpay, Inc.
WP
| $20.9M | 0.03% |
388,400
-36,000
| -8% | -$1.94M |
|
517
Darden Restaurants
DRI
$24.5B
| $20.9M | 0.03% |
315,300
-14,500
| -4% | -$961K |
|
518
Fluor
FLR
$6.71B
| $20.8M | 0.03% |
387,912
+8,000
| +2% | +$430K |
|
|
DISCK
519
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $20.5M | 0.03% |
760,500
+2,100
| +0.3% | +$56.7K |
|
|
CIT
520
DELISTED
CIT Group Inc.
CIT
| $20.5M | 0.03% |
660,500
+6,800
| +1% | +$211K |
|
|
ETFC
521
DELISTED
E*Trade Financial Corporation
ETFC
| $20.5M | 0.03% |
836,030
-50,200
| -6% | -$1.23M |
|
|
CVC
522
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $20.4M | 0.03% |
619,681
-23,300
| -4% | -$769K |
|
523
Synopsys
SNPS
$71.7B
| $20.3M | 0.03% |
419,860
-46,000
| -10% | -$2.23M |
|
524
Murphy Oil
MUR
$3.66B
| $20.3M | 0.03% |
804,998
+151,500
| +23% | +$3.82M |
|
|
FTR
525
DELISTED
Frontier Communications Corp.
FTR
| $20.3M | 0.03% |
241,685
+21,380
| +10% | +$1.79M |
|