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 |
Fortive
FTV
|
$29.3M |
| 2 |
Johnson Controls International
JCI
|
$24.2M |
| 3 |
Procter & Gamble
PG
|
$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 5 |
Dell
DELL
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
JPMorgan Chase
JPM
|
$51M |
| 5 |
Comcast
CMCSA
|
$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Arrow Electronics
ARW
$6.57B
| $19.5M | 0.03% |
304,865
-15,800
| -5% | -$1.01M |
|
527
Coca-Cola Europacific Partners
CCEP
$40.4B
| $19.5M | 0.03% |
488,516
-39,200
| -7% | -$1.56M |
|
|
AMTD
528
DELISTED
TD Ameritrade Holding Corp
AMTD
| $19.4M | 0.03% |
550,500
-3,600
| -0.6% | -$127K |
|
529
Garmin
GRMN
$45.7B
| $19.4M | 0.03% |
402,300
-1,400
| -0.3% | -$67.4K |
|
530
Alexandria Real Estate Equities
ARE
$14.5B
| $19.3M | 0.03% |
177,805
-3,100
| -2% | -$337K |
|
|
WP
531
DELISTED
Worldpay, Inc.
WP
| $19.3M | 0.03% |
343,700
-37,500
| -10% | -$2.11M |
|
532
Packaging Corp of America
PKG
$19.8B
| $19.3M | 0.03% |
236,900
-5,300
| -2% | -$431K |
|
533
Arthur J. Gallagher & Co
AJG
$76.7B
| $19.2M | 0.03% |
377,900
+16,300
| +5% | +$829K |
|
534
BorgWarner
BWA
$9.53B
| $19.2M | 0.03% |
620,483
-18,744
| -3% | -$580K |
|
535
CF Industries
CF
$13.7B
| $19.2M | 0.03% |
787,010
+8,700
| +1% | +$212K |
|
|
ULTI
536
DELISTED
Ultimate Software Group Inc
ULTI
| $19.2M | 0.03% |
93,700
-5,500
| -6% | -$1.12M |
|
|
ITC
537
DELISTED
ITC HOLDINGS CORP
ITC
| $18.9M | 0.03% |
407,500
-9,900
| -2% | -$460K |
|
538
Marvell Technology
MRVL
$54.6B
| $18.9M | 0.03% |
1,426,734
-12,100
| -0.8% | -$161K |
|
539
TechnipFMC
FTI
$16B
| $18.9M | 0.03% |
857,203
-23,655
| -3% | -$522K |
|
540
Herbalife
HLF
$1.02B
| $18.8M | 0.03% |
605,000
-37,800
| -6% | -$1.17M |
|
541
PVH
PVH
$4.22B
| $18.7M | 0.03% |
169,100
-4,800
| -3% | -$530K |
|
542
Cheniere Energy
LNG
$51.8B
| $18.7M | 0.03% |
428,400
-29,300
| -6% | -$1.28M |
|
543
Huntington Ingalls Industries
HII
$10.6B
| $18.7M | 0.03% |
121,600
-8,400
| -6% | -$1.29M |
|
544
United Rentals
URI
$62.7B
| $18.6M | 0.03% |
237,400
-11,000
| -4% | -$863K |
|
|
DISCK
545
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $18.6M | 0.03% |
706,200
-36,700
| -5% | -$966K |
|
546
Wynn Resorts
WYNN
$12.6B
| $18.5M | 0.03% |
190,200
-4,300
| -2% | -$419K |
|
547
Cadence Design Systems
CDNS
$95.6B
| $18.5M | 0.03% |
725,610
-36,400
| -5% | -$929K |
|
|
CDK
548
DELISTED
CDK Global, Inc.
CDK
| $18.5M | 0.03% |
322,800
-22,100
| -6% | -$1.27M |
|
|
PAY
549
DELISTED
Verifone Systems Inc
PAY
| $18.5M | 0.03% |
1,173,400
+289,600
| +33% | +$4.56M |
|
550
Qorvo
QRVO
$8.61B
| $18.4M | 0.03% |
330,300
-12,500
| -4% | -$697K |
|