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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
LKQ Corp
LKQ
$8.25B
| $26.8M | 0.02% |
751,676
+94,751
| +14% | +$3.38M |
|
527
Roku
ROKU
$14B
| $26.8M | 0.02% |
200,135
+23,014
| +13% | +$3.08M |
|
|
DISCK
528
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $26.7M | 0.02% |
876,871
-79,837
| -8% | -$2.43M |
|
529
Compañía de Minas Buenaventura
BVN
$5.09B
| $26.6M | 0.02% |
1,763,714
+5,281
| +0.3% | +$79.7K |
|
530
EPAM Systems
EPAM
$8.44B
| $26.4M | 0.02% |
124,564
-5,350
| -4% | -$1.14M |
|
531
West Pharmaceutical
WST
$18.3B
| $26.4M | 0.02% |
175,452
-2,798
| -2% | -$421K |
|
|
MRO
532
DELISTED
Marathon Oil Corporation
MRO
| $26.3M | 0.02% |
1,934,279
+218,312
| +13% | +$2.96M |
|
533
Eastman Chemical
EMN
$7.44B
| $26.1M | 0.02% |
329,702
-24,931
| -7% | -$1.98M |
|
534
Comerica
CMA
$8.86B
| $26M | 0.02% |
362,683
-39,706
| -10% | -$2.85M |
|
535
Avery Dennison
AVY
$12.9B
| $26M | 0.02% |
198,370
-7,167
| -3% | -$938K |
|
536
Medical Properties Trust
MPW
$2.78B
| $25.8M | 0.02% |
1,224,157
+165,143
| +16% | +$3.49M |
|
537
Alnylam Pharmaceuticals
ALNY
$61.2B
| $25.8M | 0.02% |
224,300
+46,700
| +26% | +$5.38M |
|
538
Liberty Global Class C
LBTYK
$3.99B
| $25.7M | 0.02% |
1,180,786
-86,478
| -7% | -$1.88M |
|
539
Vail Resorts
MTN
$5.34B
| $25.7M | 0.02% |
107,228
+22,526
| +27% | +$5.4M |
|
540
CF Industries
CF
$14.1B
| $25.7M | 0.02% |
538,219
-40,010
| -7% | -$1.91M |
|
541
Packaging Corp of America
PKG
$19.2B
| $25.6M | 0.02% |
228,825
-33,009
| -13% | -$3.7M |
|
542
Revvity
RVTY
$9.6B
| $25.5M | 0.02% |
263,023
+26,060
| +11% | +$2.53M |
|
543
CACI
CACI
$10.6B
| $25.5M | 0.02% |
101,953
+31,979
| +46% | +$7.99M |
|
544
Carlisle Companies
CSL
$16.1B
| $25.3M | 0.02% |
156,421
+4,967
| +3% | +$804K |
|
545
Twilio
TWLO
$16B
| $25.2M | 0.02% |
256,700
-10,406
| -4% | -$1.02M |
|
546
Sarepta Therapeutics
SRPT
$1.82B
| $25.2M | 0.02% |
194,977
+64,877
| +50% | +$8.37M |
|
|
WRK
547
DELISTED
WestRock Company
WRK
| $25M | 0.02% |
582,816
-26,764
| -4% | -$1.15M |
|
548
DXC Technology
DXC
$2.54B
| $25M | 0.02% |
664,422
+56,742
| +9% | +$2.13M |
|
549
ON Semiconductor
ON
$19.6B
| $25M | 0.02% |
1,023,738
-53,269
| -5% | -$1.3M |
|
550
Snap
SNAP
$11.9B
| $24.9M | 0.02% |
1,524,546
+366,880
| +32% | +$5.99M |
|