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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
SS&C Technologies
SSNC
$21.6B
| $21M | 0.03% |
591,800
-22,900
| -4% | -$811K |
|
502
Murphy Oil
MUR
$3.72B
| $20.9M | 0.03% |
732,498
-85,400
| -10% | -$2.44M |
|
503
UDR
UDR
$12.7B
| $20.9M | 0.03% |
577,082
-100
| -0% | -$3.63K |
|
|
CDK
504
DELISTED
CDK Global, Inc.
CDK
| $20.9M | 0.03% |
321,700
+5,200
| +2% | +$338K |
|
505
Huntington Ingalls Industries
HII
$10.7B
| $20.9M | 0.03% |
104,300
-7,600
| -7% | -$1.52M |
|
506
UGI
UGI
$7.38B
| $20.9M | 0.03% |
422,103
-10,500
| -2% | -$519K |
|
|
ANSS
507
DELISTED
Ansys
ANSS
| $20.7M | 0.03% |
193,700
-7,800
| -4% | -$834K |
|
508
Advanced Micro Devices
AMD
$259B
| $20.7M | 0.03% |
1,421,700
-508,724
| -26% | -$7.4M |
|
|
TSS
509
DELISTED
Total System Services, Inc.
TSS
| $20.6M | 0.03% |
385,800
-13,900
| -3% | -$743K |
|
|
DRE
510
DELISTED
Duke Realty Corp.
DRE
| $20.6M | 0.03% |
783,342
-17,600
| -2% | -$462K |
|
511
Lennar Class A
LEN
$35.4B
| $20.6M | 0.03% |
421,800
+66,605
| +19% | +$3.25M |
|
|
WWAV
512
DELISTED
The WhiteWave Foods Company
WWAV
| $20.6M | 0.03% |
366,000
+8,500
| +2% | +$477K |
|
|
JWN
513
DELISTED
Nordstrom
JWN
| $20.5M | 0.03% |
439,394
+8,300
| +2% | +$387K |
|
514
Packaging Corp of America
PKG
$19.2B
| $20.4M | 0.03% |
223,100
-9,500
| -4% | -$870K |
|
515
JB Hunt Transport Services
JBHT
$13.3B
| $20.4M | 0.03% |
222,600
-14,200
| -6% | -$1.3M |
|
516
East-West Bancorp
EWBC
$14.9B
| $20.3M | 0.03% |
394,200
+24,900
| +7% | +$1.29M |
|
|
PAY
517
DELISTED
Verifone Systems Inc
PAY
| $20.3M | 0.03% |
1,085,400
-37,200
| -3% | -$697K |
|
518
Marvell Technology
MRVL
$57.8B
| $20.3M | 0.03% |
1,331,734
-67,400
| -5% | -$1.03M |
|
519
Brookfield Infrastructure Partners
BIP
$14.2B
| $20.2M | 0.03% |
879,396
+168,000
| +24% | +$3.87M |
|
|
MBLY
520
DELISTED
Mobileye N.V.
MBLY
| $20.2M | 0.03% |
328,796
-14,200
| -4% | -$872K |
|
521
Southern Copper
SCCO
$82.9B
| $20.2M | 0.03% |
589,826
-48,620
| -8% | -$1.66M |
|
522
NRG Energy
NRG
$31.2B
| $20.1M | 0.03% |
1,076,257
-52,000
| -5% | -$972K |
|
523
FMC
FMC
$4.61B
| $20.1M | 0.03% |
333,448
-49,925
| -13% | -$3.01M |
|
524
Plains All American Pipeline
PAA
$12.2B
| $20.1M | 0.03% |
636,417
-50,700
| -7% | -$1.6M |
|
525
Ingredion
INGR
$8.08B
| $20.1M | 0.03% |
166,900
-10,100
| -6% | -$1.22M |
|