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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WFT
526
DELISTED
Weatherford International plc
WFT
| $20.3M | 0.03% |
2,604,431
+312,700
| +14% | +$2.43M |
|
|
ARG
527
DELISTED
AIRGAS INC
ARG
| $20M | 0.03% |
141,415
-5,200
| -4% | -$737K |
|
528
Wolfspeed
WOLF
$285M
| $19.9M | 0.03% |
682,756
-38,500
| -5% | -$1.12M |
|
|
GAS
529
DELISTED
AGL RESOURCES INC (HOLDING CO)
GAS
| $19.9M | 0.03% |
304,915
+7,300
| +2% | +$476K |
|
530
Robert Half
RHI
$3.66B
| $19.8M | 0.03% |
425,372
+600
| +0.1% | +$27.9K |
|
|
VER
531
DELISTED
VEREIT, Inc.
VER
| $19.8M | 0.03% |
446,586
-25,220
| -5% | -$1.12M |
|
532
F5
FFIV
$18.4B
| $19.7M | 0.03% |
186,000
+1,400
| +0.8% | +$148K |
|
|
ULTI
533
DELISTED
Ultimate Software Group Inc
ULTI
| $19.7M | 0.03% |
101,600
-10,000
| -9% | -$1.94M |
|
534
Jack Henry & Associates
JKHY
$11.9B
| $19.6M | 0.03% |
231,928
-9,600
| -4% | -$812K |
|
535
Southern Copper
SCCO
$84B
| $19.5M | 0.03% |
739,571
+51,980
| +8% | +$1.37M |
|
536
Lennar Class A
LEN
$35.6B
| $19.5M | 0.03% |
423,481
-64,610
| -13% | -$2.97M |
|
|
FLG
537
Flagstar Financial, Inc.
FLG
$5.35B
| $19.5M | 0.03% |
408,059
-8,900
| -2% | -$425K |
|
|
WR
538
DELISTED
Westar Energy Inc
WR
| $19.2M | 0.03% |
386,900
-8,300
| -2% | -$412K |
|
|
IHS
539
DELISTED
IHS INC CL-A COM STK
IHS
| $19.1M | 0.03% |
153,571
-9,000
| -6% | -$1.12M |
|
|
WBC
540
DELISTED
WABCO HOLDINGS INC.
WBC
| $19M | 0.03% |
178,000
-8,600
| -5% | -$920K |
|
541
NiSource
NI
$18.9B
| $19M | 0.03% |
807,100
-89,350
| -10% | -$2.11M |
|
542
American Financial Group
AFG
$11.5B
| $19M | 0.03% |
269,958
-7,900
| -3% | -$556K |
|
543
UGI
UGI
$7.37B
| $19M | 0.03% |
471,103
+48,800
| +12% | +$1.97M |
|
544
Workday
WDAY
$61.9B
| $19M | 0.03% |
246,800
-14,600
| -6% | -$1.12M |
|
545
Jazz Pharmaceuticals
JAZZ
$7.88B
| $19M | 0.03% |
145,200
-7,500
| -5% | -$979K |
|
|
PBCT
546
DELISTED
People's United Financial Inc
PBCT
| $18.9M | 0.03% |
1,186,479
-17,100
| -1% | -$272K |
|
547
IDEX
IEX
$12.4B
| $18.8M | 0.03% |
227,300
-200
| -0.1% | -$16.6K |
|
548
JD.com
JD
$48B
| $18.8M | 0.03% |
708,700
-48,400
| -6% | -$1.28M |
|
|
SBNY
549
DELISTED
Signature Bank
SBNY
| $18.8M | 0.03% |
137,800
-9,600
| -7% | -$1.31M |
|
550
Broadridge
BR
$29.7B
| $18.7M | 0.03% |
315,400
-25,525
| -7% | -$1.51M |
|