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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LSXMA
501
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $22.4M | 0.03% |
812,657
+106,267
| +15% | +$2.93M |
|
502
Brookfield Infrastructure Partners
BIP
$14.2B
| $22.4M | 0.03% |
898,328
-16,086
| -2% | -$401K |
|
503
Sealed Air
SEE
$4.83B
| $22.2M | 0.03% |
481,081
-64,361
| -12% | -$2.96M |
|
504
Snap-on
SNA
$16.9B
| $22.1M | 0.03% |
141,494
-5,559
| -4% | -$870K |
|
505
Ralph Lauren
RL
$18.9B
| $22M | 0.03% |
169,922
-16,476
| -9% | -$2.14M |
|
506
Steris
STE
$24B
| $21.7M | 0.03% |
169,787
-12,576
| -7% | -$1.61M |
|
507
Plains GP Holdings
PAGP
$3.67B
| $21.7M | 0.03% |
869,643
+204,198
| +31% | +$5.09M |
|
508
Teleflex
TFX
$5.76B
| $21.6M | 0.03% |
71,513
-795
| -1% | -$240K |
|
509
Vulcan Materials
VMC
$38.9B
| $21.6M | 0.03% |
182,144
-7,245
| -4% | -$858K |
|
|
ULTI
510
DELISTED
Ultimate Software Group Inc
ULTI
| $21.4M | 0.03% |
64,931
-2,065
| -3% | -$682K |
|
511
Tapestry
TPR
$21.9B
| $21.4M | 0.03% |
657,400
-801,288
| -55% | -$26M |
|
512
Wynn Resorts
WYNN
$12.8B
| $21.4M | 0.03% |
178,938
+24,857
| +16% | +$2.97M |
|
513
Packaging Corp of America
PKG
$19.2B
| $21.3M | 0.03% |
214,173
-8,978
| -4% | -$892K |
|
514
ManpowerGroup
MAN
$1.75B
| $21.3M | 0.03% |
257,041
-16,725
| -6% | -$1.38M |
|
515
JD.com
JD
$47.2B
| $21.3M | 0.03% |
704,854
-194,432
| -22% | -$5.86M |
|
516
Revvity
RVTY
$9.58B
| $21.2M | 0.03% |
220,522
+2,466
| +1% | +$238K |
|
517
TransUnion
TRU
$17.5B
| $21.2M | 0.03% |
317,663
+7,840
| +3% | +$524K |
|
|
HDS
518
DELISTED
HD Supply Holdings, Inc.
HDS
| $21.1M | 0.03% |
487,789
+5,545
| +1% | +$240K |
|
519
IDEX
IEX
$12.1B
| $21M | 0.03% |
138,574
-13,365
| -9% | -$2.03M |
|
520
Steel Dynamics
STLD
$19.5B
| $21M | 0.03% |
594,610
-13,054
| -2% | -$460K |
|
521
DaVita
DVA
$9.46B
| $20.9M | 0.03% |
384,660
-68,753
| -15% | -$3.73M |
|
|
ABMD
522
DELISTED
Abiomed Inc
ABMD
| $20.8M | 0.03% |
72,818
+597
| +0.8% | +$170K |
|
523
Zions Bancorporation
ZION
$8.56B
| $20.7M | 0.03% |
456,856
-25,622
| -5% | -$1.16M |
|
|
FDC
524
DELISTED
First Data Corporation
FDC
| $20.6M | 0.03% |
784,010
-31,657
| -4% | -$832K |
|
525
Martin Marietta Materials
MLM
$37.2B
| $20.5M | 0.03% |
102,035
-2,418
| -2% | -$486K |
|