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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Workday
WDAY
$60.5B
| $21.1M | 0.03% |
217,500
+17,000
| +8% | +$1.65M |
|
502
Extra Space Storage
EXR
$30.8B
| $21.1M | 0.03% |
270,057
+6,300
| +2% | +$491K |
|
|
JWN
503
DELISTED
Nordstrom
JWN
| $20.9M | 0.03% |
437,794
-1,600
| -0.4% | -$76.5K |
|
504
AES
AES
$9.06B
| $20.9M | 0.03% |
1,881,753
-81,000
| -4% | -$900K |
|
505
Oneok
OKE
$46.2B
| $20.8M | 0.03% |
399,500
-28,300
| -7% | -$1.48M |
|
506
Coterra Energy
CTRA
$18.6B
| $20.8M | 0.03% |
830,500
+18,100
| +2% | +$454K |
|
507
Assurant
AIZ
$10.6B
| $20.8M | 0.03% |
200,701
-4,300
| -2% | -$446K |
|
508
IDEX
IEX
$12.1B
| $20.8M | 0.03% |
184,100
+6,500
| +4% | +$735K |
|
509
SiriusXM
SIRI
$8.02B
| $20.8M | 0.03% |
380,190
+5,300
| +1% | +$290K |
|
510
Marvell Technology
MRVL
$57.8B
| $20.8M | 0.03% |
1,257,234
-74,500
| -6% | -$1.23M |
|
511
Trimble
TRMB
$19.1B
| $20.7M | 0.03% |
581,100
+13,200
| +2% | +$471K |
|
512
AXIS Capital
AXS
$7.59B
| $20.7M | 0.03% |
320,245
-2,500
| -0.8% | -$162K |
|
513
Howmet Aerospace
HWM
$74.1B
| $20.7M | 0.03% |
1,192,029
-62,592
| -5% | -$1.09M |
|
514
F5
FFIV
$18.8B
| $20.7M | 0.03% |
162,800
-9,700
| -6% | -$1.23M |
|
515
Perrigo
PRGO
$3.04B
| $20.6M | 0.03% |
273,300
+9,700
| +4% | +$733K |
|
516
Cboe Global Markets
CBOE
$24.5B
| $20.6M | 0.03% |
225,200
+28,100
| +14% | +$2.57M |
|
517
Campbell Soup
CPB
$9.98B
| $20.6M | 0.03% |
394,500
+8,100
| +2% | +$422K |
|
518
Akamai
AKAM
$11B
| $20.5M | 0.03% |
411,500
+12,100
| +3% | +$603K |
|
519
Federal Realty Investment Trust
FRT
$8.67B
| $20.5M | 0.03% |
161,918
+4,700
| +3% | +$594K |
|
|
PAY
520
DELISTED
Verifone Systems Inc
PAY
| $20.4M | 0.03% |
1,129,600
+44,200
| +4% | +$800K |
|
521
Alexandria Real Estate Equities
ARE
$14.3B
| $20.4M | 0.03% |
169,705
+3,900
| +2% | +$470K |
|
522
Cadence Design Systems
CDNS
$92.2B
| $20.4M | 0.03% |
610,200
+5,500
| +0.9% | +$184K |
|
523
Macerich
MAC
$4.53B
| $20.4M | 0.03% |
351,404
+15,200
| +5% | +$883K |
|
524
Melco Resorts & Entertainment
MLCO
$3.8B
| $20.4M | 0.03% |
906,700
-136,500
| -13% | -$3.06M |
|
525
Cheniere Energy
LNG
$52.1B
| $20.3M | 0.03% |
417,100
+26,400
| +7% | +$1.29M |
|