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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Kimco Realty
KIM
$15.4B
| $28.8M | 0.02% |
1,359,716
-33,693
| -2% | -$714K |
|
502
EQT Corp
EQT
$32.2B
| $28.4M | 0.02% |
838,553
-13,831
| -2% | -$468K |
|
503
RPM International
RPM
$16.2B
| $28.3M | 0.02% |
290,008
+1,101
| +0.4% | +$107K |
|
504
Trimble
TRMB
$19.2B
| $28.1M | 0.02% |
555,635
-2,011
| -0.4% | -$102K |
|
505
International Paper
IP
$25.7B
| $27.9M | 0.02% |
805,835
-42,908
| -5% | -$1.49M |
|
506
Aecom
ACM
$16.8B
| $27.9M | 0.02% |
328,451
+7,367
| +2% | +$626K |
|
507
FTI Consulting
FCN
$5.46B
| $27.8M | 0.02% |
175,366
+18,631
| +12% | +$2.96M |
|
508
Avantor
AVTR
$9.07B
| $27.7M | 0.02% |
1,313,075
-100,545
| -7% | -$2.12M |
|
509
Packaging Corp of America
PKG
$19.8B
| $27.7M | 0.02% |
216,415
+4,550
| +2% | +$582K |
|
510
Middleby
MIDD
$7.32B
| $27.7M | 0.02% |
206,709
+82,860
| +67% | +$11.1M |
|
511
United Airlines
UAL
$34.5B
| $27.5M | 0.02% |
729,382
+9,615
| +1% | +$362K |
|
512
Globe Life
GL
$11.3B
| $27.5M | 0.02% |
227,989
+12,595
| +6% | +$1.52M |
|
513
Loews
L
$20B
| $27.4M | 0.02% |
470,371
+9,426
| +2% | +$550K |
|
514
UDR
UDR
$13B
| $27.4M | 0.02% |
707,116
-20,199
| -3% | -$782K |
|
515
Host Hotels & Resorts
HST
$12B
| $27.3M | 0.02% |
1,698,794
+42,194
| +3% | +$677K |
|
516
Teleflex
TFX
$5.78B
| $27.2M | 0.02% |
109,132
+4,118
| +4% | +$1.03M |
|
517
Dropbox
DBX
$8.06B
| $27.1M | 0.02% |
1,210,525
+210,227
| +21% | +$4.7M |
|
518
Liberty Media Series C
FWONK
$25.2B
| $27.1M | 0.02% |
468,638
+3,870
| +0.8% | +$224K |
|
519
Agree Realty
ADC
$8.08B
| $26.8M | 0.02% |
377,737
+78,057
| +26% | +$5.54M |
|
|
AZPN
520
DELISTED
Aspen Technology Inc
AZPN
| $26.8M | 0.02% |
130,357
+1,685
| +1% | +$346K |
|
521
Service Corp International
SCI
$10.9B
| $26.7M | 0.02% |
386,618
+21,704
| +6% | +$1.5M |
|
522
Royal Gold
RGLD
$12.2B
| $26.5M | 0.02% |
234,984
+7,645
| +3% | +$862K |
|
523
Match Group
MTCH
$9.18B
| $26.4M | 0.02% |
637,112
-2,109
| -0.3% | -$87.5K |
|
|
EXE
524
Expand Energy Corporation Common Stock
EXE
$22.7B
| $26.4M | 0.02% |
279,731
-1,213
| -0.4% | -$114K |
|
525
RLI Corp
RLI
$6.16B
| $25.9M | 0.02% |
395,248
+51,110
| +15% | +$3.35M |
|