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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Leidos
LDOS
$23.1B
| $24.9M | 0.04% |
380,512
+27,386
| +8% | +$1.79M |
|
502
Dentsply Sirona
XRAY
$2.74B
| $24.8M | 0.04% |
493,838
-35,397
| -7% | -$1.78M |
|
503
Marvell Technology
MRVL
$58.1B
| $24.8M | 0.04% |
1,179,069
+7,450
| +0.6% | +$156K |
|
504
Iron Mountain
IRM
$29B
| $24.5M | 0.03% |
744,789
-116,968
| -14% | -$3.84M |
|
505
Ralph Lauren
RL
$18.8B
| $24.3M | 0.03% |
217,686
-13,478
| -6% | -$1.51M |
|
506
SEI Investments
SEIC
$10.8B
| $24.3M | 0.03% |
324,865
-12,019
| -4% | -$900K |
|
507
SL Green Realty
SLG
$4.26B
| $24.3M | 0.03% |
259,354
+23,316
| +10% | +$2.19M |
|
508
Mid-America Apartment Communities
MAA
$16.8B
| $24.3M | 0.03% |
265,962
-22,112
| -8% | -$2.02M |
|
509
CDW
CDW
$22.1B
| $24.2M | 0.03% |
343,741
+23,026
| +7% | +$1.62M |
|
510
American Financial Group
AFG
$11.5B
| $24.2M | 0.03% |
215,267
-13,382
| -6% | -$1.5M |
|
511
Pultegroup
PHM
$26.6B
| $24M | 0.03% |
815,085
-8,450
| -1% | -$249K |
|
512
Alaska Air
ALK
$7.21B
| $24M | 0.03% |
387,152
+21,983
| +6% | +$1.36M |
|
|
ABMD
513
DELISTED
Abiomed Inc
ABMD
| $23.9M | 0.03% |
82,242
-3,776
| -4% | -$1.1M |
|
514
Cadence Design Systems
CDNS
$91.7B
| $23.9M | 0.03% |
650,841
+2,111
| +0.3% | +$77.6K |
|
515
Harley-Davidson
HOG
$3.66B
| $23.9M | 0.03% |
557,883
+27,571
| +5% | +$1.18M |
|
516
Teradyne
TER
$18.5B
| $23.9M | 0.03% |
523,024
-13,201
| -2% | -$603K |
|
|
NLSN
517
DELISTED
Nielsen Holdings plc
NLSN
| $23.9M | 0.03% |
751,432
+24,751
| +3% | +$787K |
|
|
Y
518
DELISTED
Alleghany Corporation
Y
| $23.9M | 0.03% |
38,839
-3,548
| -8% | -$2.18M |
|
519
Aramark
ARMK
$9.98B
| $23.7M | 0.03% |
829,882
+58,008
| +8% | +$1.66M |
|
520
Bath & Body Works
BBWI
$5.76B
| $23.6M | 0.03% |
764,215
-77,117
| -9% | -$2.38M |
|
521
Keysight
KEYS
$29.3B
| $23.6M | 0.03% |
449,826
+30,674
| +7% | +$1.61M |
|
522
Owens Corning
OC
$12.9B
| $23.5M | 0.03% |
291,937
-24,324
| -8% | -$1.96M |
|
523
Jack Henry & Associates
JKHY
$11.6B
| $23.5M | 0.03% |
193,905
-15,879
| -8% | -$1.92M |
|
524
XPO
XPO
$15.2B
| $23.4M | 0.03% |
663,150
+100,037
| +18% | +$3.52M |
|
525
Helmerich & Payne
HP
$2.04B
| $23.3M | 0.03% |
349,894
-24,271
| -6% | -$1.62M |
|