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 |
S&P Global
SPGI
|
$81.9M |
| 2 |
Charter Communications
CHTR
|
$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
$37.6M |
| 4 |
Baxter International
BAX
|
$26.4M |
| 5 |
Newell Brands
NWL
|
$18.6M |
Top Sells
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
$39.2M |
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
MGM Resorts International
MGM
$9.98B
| $19.7M | 0.03% |
868,445
+36,500
| +4% | +$826K |
|
|
GAS
527
DELISTED
AGL RESOURCES INC (HOLDING CO)
GAS
| $19.6M | 0.03% |
297,115
-7,800
| -3% | -$515K |
|
|
ITC
528
DELISTED
ITC HOLDINGS CORP
ITC
| $19.5M | 0.03% |
417,400
+41,400
| +11% | +$1.94M |
|
529
Darden Restaurants
DRI
$24.5B
| $19.5M | 0.03% |
307,600
-7,700
| -2% | -$488K |
|
|
ETFC
530
DELISTED
E*Trade Financial Corporation
ETFC
| $19.4M | 0.03% |
827,030
-9,000
| -1% | -$211K |
|
531
Jack Henry & Associates
JKHY
$11.8B
| $19.3M | 0.03% |
221,428
-10,500
| -5% | -$916K |
|
532
Herc Holdings
HRI
$4.6B
| $19.3M | 0.03% |
581,733
+64,033
| +12% | +$2.13M |
|
533
American Financial Group
AFG
$11.6B
| $19.2M | 0.03% |
260,358
-9,600
| -4% | -$710K |
|
|
CDK
534
DELISTED
CDK Global, Inc.
CDK
| $19.1M | 0.03% |
344,900
-10,700
| -3% | -$594K |
|
|
ETP
535
DELISTED
Energy Transfer Partners, L.P.
ETP
| $19M | 0.03% |
659,400
-17,000
| -3% | -$489K |
|
536
Qorvo
QRVO
$8.61B
| $18.9M | 0.03% |
342,800
+1,100
| +0.3% | +$60.8K |
|
537
Carlisle Companies
CSL
$16.9B
| $18.9M | 0.03% |
179,100
-4,300
| -2% | -$454K |
|
538
OGE Energy
OGE
$8.89B
| $18.9M | 0.03% |
577,000
+9,800
| +2% | +$321K |
|
539
lululemon athletica
LULU
$19.9B
| $18.8M | 0.03% |
255,100
+4,800
| +2% | +$355K |
|
540
Coca-Cola Europacific Partners
CCEP
$40.4B
| $18.8M | 0.03% |
527,716
-29,800
| -5% | -$1.06M |
|
541
Herbalife
HLF
$1.02B
| $18.8M | 0.03% |
642,800
-66,200
| -9% | -$1.94M |
|
542
Southern Copper
SCCO
$83.6B
| $18.8M | 0.03% |
731,275
-8,296
| -1% | -$213K |
|
543
W.R. Berkley
WRB
$27.3B
| $18.8M | 0.03% |
1,058,133
-32,063
| -3% | -$569K |
|
544
Atmos Energy
ATO
$26.7B
| $18.8M | 0.03% |
230,800
-20,600
| -8% | -$1.68M |
|
545
AXIS Capital
AXS
$7.62B
| $18.8M | 0.03% |
341,145
-39,100
| -10% | -$2.15M |
|
546
CF Industries
CF
$13.7B
| $18.8M | 0.03% |
778,310
+9,600
| +1% | +$231K |
|
547
Liberty Global Class A
LBTYA
$4.05B
| $18.7M | 0.03% |
644,531
-44,697
| -6% | -$1.3M |
|
548
Alexandria Real Estate Equities
ARE
$14.5B
| $18.7M | 0.03% |
180,905
+16,000
| +10% | +$1.66M |
|
549
Manhattan Associates
MANH
$13B
| $18.7M | 0.03% |
291,900
-19,100
| -6% | -$1.22M |
|
550
Helmerich & Payne
HP
$2.01B
| $18.6M | 0.03% |
276,900
-8,600
| -3% | -$577K |
|