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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
PTC
PTC
$24.5B
| $24.5M | 0.03% |
230,371
+8,595
| +4% | +$913K |
|
527
Steris
STE
$24B
| $24.4M | 0.03% |
213,565
-10,485
| -5% | -$1.2M |
|
528
Brookfield Infrastructure Partners
BIP
$14.2B
| $24.4M | 0.03% |
1,028,157
-18,406
| -2% | -$437K |
|
529
Harley-Davidson
HOG
$3.65B
| $24.3M | 0.03% |
535,340
-72,983
| -12% | -$3.31M |
|
530
Fluor
FLR
$6.69B
| $24.2M | 0.03% |
416,334
+1,012
| +0.2% | +$58.8K |
|
531
Whirlpool
WHR
$5.24B
| $24.1M | 0.03% |
202,918
-9,740
| -5% | -$1.16M |
|
532
Lennox International
LII
$19.6B
| $24.1M | 0.03% |
110,118
-37,002
| -25% | -$8.08M |
|
|
QVCGA
533
QVC Group, Inc. Series A Common Stock
QVCGA
$83.7M
| $24M | 0.03% |
22,267
-568
| -2% | -$612K |
|
534
Targa Resources
TRGP
$35.2B
| $23.9M | 0.03% |
424,726
+77,026
| +22% | +$4.34M |
|
535
H&R Block
HRB
$6.73B
| $23.9M | 0.03% |
926,901
+138,645
| +18% | +$3.57M |
|
|
GRUB
536
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $23.9M | 0.03% |
86,060
+11,719
| +16% | +$3.25M |
|
537
XPO
XPO
$15.3B
| $23.9M | 0.03% |
604,119
+35,876
| +6% | +$1.42M |
|
|
ZAYO
538
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $23.8M | 0.03% |
685,799
+185,382
| +37% | +$6.44M |
|
539
NetEase
NTES
$92.3B
| $23.8M | 0.03% |
521,420
-107,345
| -17% | -$4.9M |
|
540
Norwegian Cruise Line
NCLH
$11.5B
| $23.6M | 0.03% |
411,266
-49,311
| -11% | -$2.83M |
|
|
HDS
541
DELISTED
HD Supply Holdings, Inc.
HDS
| $23.4M | 0.03% |
547,722
+12,575
| +2% | +$538K |
|
542
BorgWarner
BWA
$9.34B
| $23.4M | 0.03% |
621,458
-9,000
| -1% | -$339K |
|
543
Veeva Systems
VEEV
$45B
| $23.3M | 0.03% |
214,317
-11,753
| -5% | -$1.28M |
|
|
ULTI
544
DELISTED
Ultimate Software Group Inc
ULTI
| $23.2M | 0.03% |
71,868
+6,730
| +10% | +$2.17M |
|
545
ManpowerGroup
MAN
$1.75B
| $23.1M | 0.03% |
268,864
-16,804
| -6% | -$1.44M |
|
546
Qorvo
QRVO
$8.26B
| $23.1M | 0.03% |
300,391
+12,099
| +4% | +$930K |
|
547
Lennar Class A
LEN
$35.4B
| $23.1M | 0.03% |
510,341
-62,243
| -11% | -$2.81M |
|
548
Hologic
HOLX
$14.6B
| $23M | 0.03% |
560,192
-36,024
| -6% | -$1.48M |
|
|
NLSN
549
DELISTED
Nielsen Holdings plc
NLSN
| $23M | 0.03% |
829,878
+18,650
| +2% | +$516K |
|
550
Vulcan Materials
VMC
$38.9B
| $22.9M | 0.03% |
206,363
-34,587
| -14% | -$3.85M |
|