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
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
LKQ Corp
LKQ
$8.25B
| $26.1M | 0.04% |
641,353
+20,208
| +3% | +$822K |
|
502
SS&C Technologies
SSNC
$21.6B
| $26M | 0.04% |
642,765
+39,478
| +7% | +$1.6M |
|
503
Hasbro
HAS
$10.9B
| $25.9M | 0.04% |
284,771
+8,978
| +3% | +$816K |
|
504
Take-Two Interactive
TTWO
$45B
| $25.8M | 0.03% |
235,043
+9,809
| +4% | +$1.08M |
|
|
WP
505
DELISTED
Worldpay, Inc.
WP
| $25.8M | 0.03% |
350,441
+13,347
| +4% | +$982K |
|
506
Howmet Aerospace
HWM
$74.1B
| $25.6M | 0.03% |
1,224,108
+66,765
| +6% | +$1.4M |
|
|
VMW
507
DELISTED
VMware, Inc
VMW
| $25.5M | 0.03% |
203,419
+5,216
| +3% | +$654K |
|
|
XEC
508
DELISTED
CIMAREX ENERGY CO
XEC
| $25.5M | 0.03% |
208,662
+13,315
| +7% | +$1.62M |
|
509
Affiliated Managers Group
AMG
$6.58B
| $25.4M | 0.03% |
123,934
+2,302
| +2% | +$472K |
|
510
Jefferies Financial Group
JEF
$13.4B
| $25.4M | 0.03% |
1,072,292
-77,942
| -7% | -$1.85M |
|
|
Y
511
DELISTED
Alleghany Corporation
Y
| $25.3M | 0.03% |
42,387
+1,537
| +4% | +$916K |
|
512
Alexandria Real Estate Equities
ARE
$14.4B
| $25.2M | 0.03% |
193,059
+10,883
| +6% | +$1.42M |
|
513
UDR
UDR
$12.7B
| $25.2M | 0.03% |
653,942
+2,012
| +0.3% | +$77.5K |
|
514
Snap-on
SNA
$16.9B
| $25.2M | 0.03% |
144,472
+4,614
| +3% | +$804K |
|
515
Marvell Technology
MRVL
$58.2B
| $25.2M | 0.03% |
1,171,619
+2,079
| +0.2% | +$44.6K |
|
516
Broadridge
BR
$29.2B
| $25.1M | 0.03% |
277,480
+20,282
| +8% | +$1.84M |
|
517
PVH
PVH
$3.92B
| $25M | 0.03% |
182,563
+13,307
| +8% | +$1.83M |
|
518
First Solar
FSLR
$21.8B
| $25M | 0.03% |
370,256
-1,111
| -0.3% | -$75K |
|
|
DRE
519
DELISTED
Duke Realty Corp.
DRE
| $25M | 0.03% |
917,671
+32,122
| +4% | +$874K |
|
520
Trimble
TRMB
$19.1B
| $24.9M | 0.03% |
613,361
+16,926
| +3% | +$688K |
|
521
Alnylam Pharmaceuticals
ALNY
$61.5B
| $24.9M | 0.03% |
196,038
+62,832
| +47% | +$7.98M |
|
522
EQT Corp
EQT
$31.8B
| $24.8M | 0.03% |
801,042
+253,520
| +46% | +$7.86M |
|
523
American Financial Group
AFG
$11.4B
| $24.8M | 0.03% |
228,649
+1,716
| +0.8% | +$186K |
|
524
Goodyear
GT
$2.42B
| $24.7M | 0.03% |
764,876
+34,534
| +5% | +$1.12M |
|
525
Arthur J. Gallagher & Co
AJG
$75.5B
| $24.6M | 0.03% |
389,413
+16,820
| +5% | +$1.06M |
|