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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Host Hotels & Resorts
HST
$12.1B
| $18.2M | 0.02% |
1,646,713
-141,607
| -8% | -$1.56M |
|
502
Graco
GGG
$14.1B
| $18.2M | 0.02% |
372,698
-18,315
| -5% | -$893K |
|
503
Fox Class A
FOXA
$25.5B
| $18.1M | 0.02% |
766,378
-343,620
| -31% | -$8.12M |
|
504
Gartner
IT
$17.6B
| $18.1M | 0.02% |
181,599
-25,778
| -12% | -$2.57M |
|
505
Raymond James Financial
RJF
$33.2B
| $18.1M | 0.02% |
428,765
-70,320
| -14% | -$2.96M |
|
506
Trimble
TRMB
$19.1B
| $17.9M | 0.02% |
563,240
-87,294
| -13% | -$2.78M |
|
|
CTLT
507
DELISTED
CATALENT, INC.
CTLT
| $17.9M | 0.02% |
344,267
+11,884
| +4% | +$617K |
|
508
Neurocrine Biosciences
NBIX
$14B
| $17.7M | 0.02% |
204,954
+13,529
| +7% | +$1.17M |
|
509
Wabtec
WAB
$32.4B
| $17.7M | 0.02% |
368,524
-10,400
| -3% | -$501K |
|
510
Viatris
VTRS
$11.9B
| $17.7M | 0.02% |
1,185,609
-20,341
| -2% | -$303K |
|
|
SIVB
511
DELISTED
SVB Financial Group
SIVB
| $17.7M | 0.02% |
116,973
-16,158
| -12% | -$2.44M |
|
|
ETFC
512
DELISTED
E*Trade Financial Corporation
ETFC
| $17.7M | 0.02% |
514,841
-157,620
| -23% | -$5.41M |
|
513
CenterPoint Energy
CNP
$24.7B
| $17.6M | 0.02% |
1,141,596
-1,880,343
| -62% | -$29.1M |
|
514
JB Hunt Transport Services
JBHT
$13.3B
| $17.6M | 0.02% |
191,120
+4,734
| +3% | +$437K |
|
515
Pool Corp
POOL
$11.9B
| $17.5M | 0.02% |
89,045
-4,265
| -5% | -$839K |
|
516
Crown Holdings
CCK
$11B
| $17.4M | 0.02% |
300,575
-13,847
| -4% | -$804K |
|
517
Nordson
NDSN
$12.6B
| $17.4M | 0.02% |
129,142
+1,959
| +2% | +$265K |
|
518
United Rentals
URI
$60.8B
| $17.4M | 0.02% |
169,511
-22,040
| -12% | -$2.27M |
|
|
LSXMA
519
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $17.4M | 0.02% |
760,680
-92,455
| -11% | -$2.12M |
|
520
Expedia Group
EXPE
$26.7B
| $17.4M | 0.02% |
309,204
-23,822
| -7% | -$1.34M |
|
521
VICI Properties
VICI
$35.3B
| $17.2M | 0.02% |
1,034,138
+61,431
| +6% | +$1.02M |
|
|
PARA
522
DELISTED
Paramount Global Class B
PARA
| $17.2M | 0.02% |
1,226,293
-123,587
| -9% | -$1.73M |
|
523
RPM International
RPM
$16B
| $17.1M | 0.02% |
287,821
-16,000
| -5% | -$952K |
|
524
Trade Desk
TTD
$22.6B
| $17M | 0.02% |
879,700
-22,680
| -3% | -$438K |
|
525
United Airlines
UAL
$34.8B
| $16.8M | 0.02% |
533,669
-43,856
| -8% | -$1.38M |
|