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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Kimco Realty
KIM
$15.3B
| $24.6M | 0.04% |
1,111,441
+62,540
| +6% | +$1.38M |
|
527
Herbalife
HLF
$1.02B
| $24.5M | 0.04% |
846,480
-36,522
| -4% | -$1.06M |
|
528
Garmin
GRMN
$46.1B
| $24.4M | 0.03% |
430,000
-2,800
| -0.6% | -$159K |
|
529
Microchip Technology
MCHP
$35.2B
| $24.3M | 0.03% |
1,022,000
+121,122
| +13% | +$2.88M |
|
530
Expedia Group
EXPE
$26.9B
| $24.3M | 0.03% |
347,130
+3,272
| +1% | +$229K |
|
531
Verisk Analytics
VRSK
$38.1B
| $24.3M | 0.03% |
412,140
-5,900
| -1% | -$348K |
|
532
Expeditors International
EXPD
$16.4B
| $24.2M | 0.03% |
609,150
+24,400
| +4% | +$970K |
|
533
Charter Communications
CHTR
$36B
| $24.2M | 0.03% |
199,885
+19,807
| +11% | +$2.4M |
|
534
PVH
PVH
$4.07B
| $24.2M | 0.03% |
196,074
-31,576
| -14% | -$3.9M |
|
|
FTR
535
DELISTED
Frontier Communications Corp.
FTR
| $24.2M | 0.03% |
290,671
-32,300
| -10% | -$2.69M |
|
536
Cincinnati Financial
CINF
$24B
| $24.2M | 0.03% |
508,772
-13,300
| -3% | -$632K |
|
537
SiriusXM
SIRI
$8.17B
| $24.1M | 0.03% |
787,860
-100,350
| -11% | -$3.08M |
|
538
Lennar Class A
LEN
$35.6B
| $23.9M | 0.03% |
635,506
+94,368
| +17% | +$3.56M |
|
539
Myriad Genetics
MYGN
$643M
| $23.9M | 0.03% |
591,640
+26,240
| +5% | +$1.06M |
|
|
HSP
540
DELISTED
HOSPIRA INC
HSP
| $23.8M | 0.03% |
546,629
+57,390
| +12% | +$2.5M |
|
541
RenaissanceRe
RNR
$11.3B
| $23.8M | 0.03% |
243,101
-1,500
| -0.6% | -$147K |
|
542
Autoliv
ALV
$9.74B
| $23.8M | 0.03% |
326,498
+11,196
| +4% | +$815K |
|
543
Credicorp
BAP
$20.9B
| $23.7M | 0.03% |
175,881
-51,168
| -23% | -$6.91M |
|
544
Church & Dwight Co
CHD
$23.1B
| $23.6M | 0.03% |
687,858
+19,012
| +3% | +$653K |
|
545
Lennox International
LII
$20.4B
| $23.5M | 0.03% |
267,700
-8,416
| -3% | -$739K |
|
546
Williams-Sonoma
WSM
$24.8B
| $23.4M | 0.03% |
725,834
+149,634
| +26% | +$4.82M |
|
|
CBI
547
DELISTED
Chicago Bridge & Iron Nv
CBI
| $23.4M | 0.03% |
276,700
+3,800
| +1% | +$321K |
|
548
Goodyear
GT
$2.45B
| $23.3M | 0.03% |
922,635
-117,130
| -11% | -$2.96M |
|
549
American Financial Group
AFG
$11.5B
| $23.3M | 0.03% |
413,058
+28,100
| +7% | +$1.58M |
|
550
Marvell Technology
MRVL
$57.6B
| $23.1M | 0.03% |
1,444,034
-52,700
| -4% | -$844K |
|