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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Old Dominion Freight Line
ODFL
$30.7B
| $18.8M | 0.03% |
457,035
-50,883
| -10% | -$2.09M |
|
527
Brookfield Infrastructure Partners
BIP
$14.2B
| $18.8M | 0.03% |
914,414
-113,743
| -11% | -$2.34M |
|
528
Cboe Global Markets
CBOE
$24.5B
| $18.8M | 0.03% |
191,980
+5,136
| +3% | +$502K |
|
|
LSXMA
529
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $18.8M | 0.03% |
706,390
+40,806
| +6% | +$1.08M |
|
530
Vulcan Materials
VMC
$38.9B
| $18.7M | 0.03% |
189,389
-16,974
| -8% | -$1.68M |
|
531
Teleflex
TFX
$5.76B
| $18.7M | 0.03% |
72,308
-5,823
| -7% | -$1.51M |
|
532
Packaging Corp of America
PKG
$19.2B
| $18.6M | 0.03% |
223,151
-6,183
| -3% | -$516K |
|
533
DexCom
DXCM
$29.8B
| $18.6M | 0.03% |
620,664
+54,980
| +10% | +$1.65M |
|
534
Arrow Electronics
ARW
$6.54B
| $18.6M | 0.03% |
269,238
-13,703
| -5% | -$945K |
|
535
United Rentals
URI
$60.8B
| $18.5M | 0.03% |
179,989
-10,747
| -6% | -$1.1M |
|
536
BorgWarner
BWA
$9.34B
| $18.3M | 0.03% |
597,125
-24,333
| -4% | -$744K |
|
537
Steel Dynamics
STLD
$19.5B
| $18.3M | 0.03% |
607,664
-8,944
| -1% | -$269K |
|
538
United Therapeutics
UTHR
$17.9B
| $18.2M | 0.03% |
167,119
-10,808
| -6% | -$1.18M |
|
|
HDS
539
DELISTED
HD Supply Holdings, Inc.
HDS
| $18.1M | 0.03% |
482,244
-65,478
| -12% | -$2.46M |
|
540
PTC
PTC
$24.5B
| $18M | 0.03% |
216,579
-13,792
| -6% | -$1.14M |
|
541
Martin Marietta Materials
MLM
$37.2B
| $18M | 0.03% |
104,453
-9,525
| -8% | -$1.64M |
|
|
SIVB
542
DELISTED
SVB Financial Group
SIVB
| $17.9M | 0.03% |
94,391
-11,339
| -11% | -$2.15M |
|
543
Incyte
INCY
$16.8B
| $17.9M | 0.03% |
281,180
-39,034
| -12% | -$2.48M |
|
544
ManpowerGroup
MAN
$1.75B
| $17.7M | 0.02% |
273,766
+4,902
| +2% | +$318K |
|
545
Dentsply Sirona
XRAY
$2.73B
| $17.7M | 0.02% |
474,755
+10,098
| +2% | +$376K |
|
546
TransUnion
TRU
$17.5B
| $17.6M | 0.02% |
309,823
-28,770
| -8% | -$1.63M |
|
547
Capri Holdings
CPRI
$2.54B
| $17.5M | 0.02% |
461,820
-44,582
| -9% | -$1.69M |
|
548
Jacobs Solutions
J
$17.3B
| $17.5M | 0.02% |
361,393
+28,438
| +9% | +$1.38M |
|
|
NLSN
549
DELISTED
Nielsen Holdings plc
NLSN
| $17.3M | 0.02% |
742,941
-86,937
| -10% | -$2.03M |
|
550
Interpublic Group of Companies
IPG
$9.51B
| $17.3M | 0.02% |
839,025
+9,444
| +1% | +$195K |
|