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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SBNY
526
DELISTED
Signature Bank
SBNY
| $21.4M | 0.02% |
119,678
-2,613
| -2% | -$468K |
|
527
DocuSign
DOCU
$16.4B
| $21.4M | 0.02% |
373,620
-11,661
| -3% | -$669K |
|
528
Service Corp International
SCI
$11.1B
| $21.4M | 0.02% |
309,632
-25,867
| -8% | -$1.79M |
|
529
United Therapeutics
UTHR
$17.8B
| $21.3M | 0.02% |
90,309
-5,826
| -6% | -$1.37M |
|
530
First Horizon
FHN
$11.3B
| $21.3M | 0.02% |
972,847
-60,782
| -6% | -$1.33M |
|
531
Masco
MAS
$15.9B
| $21.3M | 0.02% |
420,022
-41,654
| -9% | -$2.11M |
|
532
Interpublic Group of Companies
IPG
$9.89B
| $21.2M | 0.02% |
770,902
-48,016
| -6% | -$1.32M |
|
533
Vistra
VST
$63.7B
| $21M | 0.02% |
919,304
-89,555
| -9% | -$2.05M |
|
534
Host Hotels & Resorts
HST
$12B
| $21M | 0.02% |
1,338,152
+100,488
| +8% | +$1.58M |
|
535
Liberty Global Class A
LBTYA
$3.99B
| $20.9M | 0.02% |
992,770
-9,270
| -0.9% | -$195K |
|
536
Las Vegas Sands
LVS
$36.9B
| $20.9M | 0.02% |
622,070
-32,661
| -5% | -$1.1M |
|
537
Healthcare Realty
HR
$6.4B
| $20.8M | 0.02% |
746,083
+315,974
| +73% | +$8.82M |
|
538
Snap-on
SNA
$17.1B
| $20.8M | 0.02% |
105,430
-4,733
| -4% | -$933K |
|
539
Charles River Laboratories
CRL
$7.97B
| $20.8M | 0.02% |
97,067
-3,843
| -4% | -$822K |
|
540
Regency Centers
REG
$13.3B
| $20.7M | 0.02% |
348,597
-10,683
| -3% | -$634K |
|
541
Fair Isaac
FICO
$36.9B
| $20.5M | 0.02% |
51,167
-3,412
| -6% | -$1.37M |
|
542
MGM Resorts International
MGM
$9.85B
| $20.5M | 0.02% |
706,681
-55,030
| -7% | -$1.59M |
|
543
Saic
SAIC
$4.72B
| $20.3M | 0.02% |
218,047
+97,508
| +81% | +$9.08M |
|
544
Qorvo
QRVO
$8.5B
| $20.2M | 0.02% |
214,486
-13,645
| -6% | -$1.29M |
|
545
BILL Holdings
BILL
$5.1B
| $20.1M | 0.02% |
183,194
-4,816
| -3% | -$529K |
|
546
Coca-Cola Europacific Partners
CCEP
$40.9B
| $20.1M | 0.02% |
389,091
-17,470
| -4% | -$902K |
|
547
Lamb Weston
LW
$8.02B
| $20.1M | 0.02% |
280,620
-14,190
| -5% | -$1.01M |
|
548
Gaming and Leisure Properties
GLPI
$13.6B
| $20M | 0.02% |
436,417
-16,911
| -4% | -$776K |
|
549
KE Holdings
BEKE
$22.7B
| $20M | 0.02% |
1,112,078
+661,559
| +147% | +$11.9M |
|
550
Hasbro
HAS
$11.1B
| $19.9M | 0.02% |
243,524
-13,056
| -5% | -$1.07M |
|