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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Jazz Pharmaceuticals
JAZZ
$7.69B
| $24.1M | 0.03% |
139,659
+6,187
| +5% | +$1.07M |
|
|
GGP
527
DELISTED
GGP Inc.
GGP
| $24M | 0.03% |
1,176,284
-152,120
| -11% | -$3.11M |
|
528
BorgWarner
BWA
$9.32B
| $24M | 0.03% |
630,458
+30,989
| +5% | +$1.18M |
|
529
Brookfield Infrastructure Partners
BIP
$14.2B
| $23.9M | 0.03% |
1,046,563
-11,165
| -1% | -$255K |
|
530
Keysight
KEYS
$29.2B
| $23.9M | 0.03% |
404,074
-45,752
| -10% | -$2.7M |
|
531
Martin Marietta Materials
MLM
$37.1B
| $23.8M | 0.03% |
106,690
-17,800
| -14% | -$3.98M |
|
532
Pultegroup
PHM
$26.5B
| $23.7M | 0.03% |
825,124
+10,039
| +1% | +$289K |
|
533
Hologic
HOLX
$14.6B
| $23.7M | 0.03% |
596,216
-7,405
| -1% | -$294K |
|
534
CommScope
COMM
$3.6B
| $23.6M | 0.03% |
808,660
+236,609
| +41% | +$6.91M |
|
535
Federal Realty Investment Trust
FRT
$8.65B
| $23.6M | 0.03% |
186,572
+25,707
| +16% | +$3.25M |
|
536
Molson Coors Class B
TAP
$9.65B
| $23.6M | 0.03% |
346,228
-25,810
| -7% | -$1.76M |
|
537
Steris
STE
$24.1B
| $23.5M | 0.03% |
224,050
-7,070
| -3% | -$742K |
|
|
QVCGA
538
QVC Group, Inc. Series A Common Stock
QVCGA
$79.3M
| $23.5M | 0.03% |
22,835
-3,896
| -15% | -$4.01M |
|
539
Ingredion
INGR
$8.05B
| $23.4M | 0.03% |
211,179
+38,241
| +22% | +$4.23M |
|
540
Hanesbrands
HBI
$2.21B
| $23.3M | 0.03% |
1,058,388
+140,120
| +15% | +$3.09M |
|
541
AerCap
AER
$21.5B
| $23.3M | 0.03% |
429,988
+21,114
| +5% | +$1.14M |
|
542
Incyte
INCY
$16.7B
| $23.2M | 0.03% |
345,790
-40,215
| -10% | -$2.69M |
|
543
Qorvo
QRVO
$8.14B
| $23.1M | 0.03% |
288,292
-6,890
| -2% | -$552K |
|
544
EQT Corp
EQT
$31.8B
| $23.1M | 0.03% |
768,187
-5,703
| -0.7% | -$171K |
|
|
HDS
545
DELISTED
HD Supply Holdings, Inc.
HDS
| $23M | 0.03% |
535,147
+50,966
| +11% | +$2.19M |
|
546
Liberty Broadband Class C
LBRDK
$8.68B
| $22.9M | 0.03% |
302,533
+42,208
| +16% | +$3.2M |
|
547
Coty
COTY
$3.52B
| $22.8M | 0.03% |
1,618,606
-100,384
| -6% | -$1.42M |
|
548
Take-Two Interactive
TTWO
$45.1B
| $22.8M | 0.03% |
192,563
-32,191
| -14% | -$3.81M |
|
549
NiSource
NI
$19.1B
| $22.7M | 0.03% |
864,660
+173,201
| +25% | +$4.55M |
|
550
Arrow Electronics
ARW
$6.52B
| $22.6M | 0.03% |
299,762
+10,857
| +4% | +$817K |
|