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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Avery Dennison
AVY
$12.9B
| $23.3M | 0.02% |
205,537
-440,582
| -68% | -$50M |
|
527
Crown Holdings
CCK
$10.9B
| $23.3M | 0.02% |
352,533
+67,681
| +24% | +$4.47M |
|
|
VAR
528
DELISTED
Varian Medical Systems, Inc.
VAR
| $23.3M | 0.02% |
195,301
-468,838
| -71% | -$55.8M |
|
529
Brown & Brown
BRO
$30.5B
| $23.3M | 0.02% |
644,928
+101,767
| +19% | +$3.67M |
|
530
Baker Hughes
BKR
$45.7B
| $23.1M | 0.02% |
997,800
+368,800
| +59% | +$8.56M |
|
531
Factset
FDS
$13.8B
| $23M | 0.02% |
94,833
+25,397
| +37% | +$6.17M |
|
532
Spirit AeroSystems
SPR
$4.74B
| $22.9M | 0.02% |
279,005
+67,454
| +32% | +$5.55M |
|
533
TAL Education Group
TAL
$6.33B
| $22.9M | 0.02% |
668,640
+402,688
| +151% | +$13.8M |
|
534
Huntington Ingalls Industries
HII
$10.5B
| $22.8M | 0.02% |
107,824
+15,006
| +16% | +$3.18M |
|
535
NRG Energy
NRG
$31B
| $22.7M | 0.02% |
573,050
+8,855
| +2% | +$351K |
|
536
Bright Horizons
BFAM
$6.41B
| $22.6M | 0.02% |
147,902
+48,473
| +49% | +$7.39M |
|
537
OGE Energy
OGE
$8.8B
| $22.5M | 0.02% |
496,039
+136,270
| +38% | +$6.18M |
|
|
AZPN
538
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $22.5M | 0.02% |
182,710
+33,486
| +22% | +$4.12M |
|
539
Howmet Aerospace
HWM
$73.6B
| $22.5M | 0.02% |
1,126,755
+265,574
| +31% | +$5.3M |
|
|
WRK
540
DELISTED
WestRock Company
WRK
| $22.2M | 0.02% |
609,580
+88,846
| +17% | +$3.24M |
|
541
Okta
OKTA
$16.1B
| $22.1M | 0.02% |
224,528
+70,508
| +46% | +$6.94M |
|
542
Carlisle Companies
CSL
$16.4B
| $22M | 0.02% |
151,454
+23,490
| +18% | +$3.42M |
|
543
RPM International
RPM
$16B
| $22M | 0.02% |
319,903
+74,887
| +31% | +$5.15M |
|
544
Service Corp International
SCI
$11B
| $22M | 0.02% |
459,358
+130,224
| +40% | +$6.23M |
|
545
United Rentals
URI
$61B
| $22M | 0.02% |
176,149
+32,843
| +23% | +$4.09M |
|
546
Interpublic Group of Companies
IPG
$9.49B
| $21.8M | 0.02% |
1,012,129
+246,580
| +32% | +$5.32M |
|
547
Altice USA
ATUS
$1.12B
| $21.7M | 0.02% |
757,093
+143,055
| +23% | +$4.1M |
|
548
Wabtec
WAB
$32.5B
| $21.6M | 0.02% |
300,865
+95,905
| +47% | +$6.89M |
|
549
Trip.com Group
TCOM
$47.2B
| $21.6M | 0.02% |
737,193
+455,793
| +162% | +$13.3M |
|
550
Tyler Technologies
TYL
$23.6B
| $21.5M | 0.02% |
81,915
+23,942
| +41% | +$6.28M |
|