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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Alliant Energy
LNT
$16.4B
| $24.5M | 0.03% |
883,108
-43,600
| -5% | -$1.21M |
|
|
KSU
527
DELISTED
Kansas City Southern
KSU
| $24.4M | 0.03% |
201,500
-4,600
| -2% | -$558K |
|
528
Polaris
PII
$3.27B
| $24.4M | 0.03% |
162,753
-3,560
| -2% | -$533K |
|
529
Williams-Sonoma
WSM
$24.6B
| $24.3M | 0.03% |
730,278
-245,918
| -25% | -$8.19M |
|
530
Expeditors International
EXPD
$16.3B
| $24.3M | 0.03% |
598,850
+17,500
| +3% | +$710K |
|
|
FDO
531
DELISTED
FAMILY DOLLAR STORES
FDO
| $24.3M | 0.03% |
314,485
-4,200
| -1% | -$324K |
|
532
Waters Corp
WAT
$17.4B
| $24.2M | 0.03% |
243,804
-5,600
| -2% | -$555K |
|
533
International Flavors & Fragrances
IFF
$16.5B
| $24.1M | 0.03% |
251,640
+34,940
| +16% | +$3.35M |
|
|
HUB.B
534
DELISTED
HUBBELL INC CL-B
HUB.B
| $23.9M | 0.03% |
198,001
-72,977
| -27% | -$8.8M |
|
535
Trinity Industries
TRN
$2.28B
| $23.9M | 0.03% |
709,490
-296,690
| -29% | -$9.98M |
|
|
SLXP
536
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $23.8M | 0.03% |
152,270
-26,152
| -15% | -$4.09M |
|
537
TransDigm Group
TDG
$72.8B
| $23.6M | 0.03% |
128,151
-14,782
| -10% | -$2.72M |
|
538
Lazard
LAZ
$5.21B
| $23.6M | 0.03% |
464,666
+115,496
| +33% | +$5.86M |
|
539
Lear
LEA
$5.73B
| $23.5M | 0.03% |
272,500
+200
| +0.1% | +$17.3K |
|
540
NVIDIA
NVDA
$4.34T
| $23.5M | 0.03% |
50,979,600
-5,200,000
| -9% | -$2.4M |
|
541
Cincinnati Financial
CINF
$23.8B
| $23.4M | 0.03% |
496,972
-4,000
| -0.8% | -$188K |
|
542
Santander
BSBR
$40.2B
| $23.3M | 0.03% |
3,725,880
| – | – |
|
543
T-Mobile US
TMUS
$270B
| $23.3M | 0.03% |
807,600
+86,300
| +12% | +$2.49M |
|
544
Huntington Ingalls Industries
HII
$10.7B
| $23.2M | 0.03% |
222,600
+48,300
| +28% | +$5.03M |
|
545
H&R Block
HRB
$6.71B
| $23.2M | 0.03% |
746,571
-24,900
| -3% | -$772K |
|
546
McCormick & Company Non-Voting
MKC
$18.3B
| $23.1M | 0.03% |
691,764
-14,200
| -2% | -$475K |
|
547
CarMax
KMX
$8.98B
| $23.1M | 0.03% |
498,100
-6,600
| -1% | -$307K |
|
548
KKR & Co
KKR
$125B
| $23.1M | 0.03% |
1,036,573
+83,800
| +9% | +$1.87M |
|
|
CVC
549
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $23.1M | 0.03% |
1,316,916
+225
| +0% | +$3.94K |
|
550
Kimco Realty
KIM
$15.1B
| $23.1M | 0.03% |
1,052,186
-15,500
| -1% | -$340K |
|