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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
United Therapeutics
UTHR
$18B
| $23M | 0.03% |
243,622
-24,461
| -9% | -$2.31M |
|
552
Fidelity National Financial
FNF
$16B
| $23M | 0.03% |
1,278,833
+5,636
| +0.4% | +$101K |
|
553
Lear
LEA
$5.76B
| $22.9M | 0.03% |
281,900
-131,958
| -32% | -$10.7M |
|
|
BRCD
554
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $22.9M | 0.03% |
2,245,028
-149,270
| -6% | -$1.52M |
|
555
TransDigm Group
TDG
$73.4B
| $22.9M | 0.03% |
129,948
+9,748
| +8% | +$1.72M |
|
|
LVLT
556
DELISTED
Level 3 Communications Inc
LVLT
| $22.9M | 0.03% |
591,210
+95,300
| +19% | +$3.69M |
|
|
OCR
557
DELISTED
OMNICARE INC
OCR
| $22.9M | 0.03% |
384,822
-71,380
| -16% | -$4.24M |
|
558
LKQ Corp
LKQ
$8.22B
| $22.9M | 0.03% |
825,906
+41,400
| +5% | +$1.15M |
|
559
Charles River Laboratories
CRL
$7.63B
| $22.8M | 0.03% |
391,077
-29,408
| -7% | -$1.71M |
|
560
PLDT
PHI
$4.21B
| $22.7M | 0.03% |
369,400
+51,000
| +16% | +$3.14M |
|
|
ENDP
561
DELISTED
Endo International plc
ENDP
| $22.7M | 0.03% |
372,879
+55,045
| +17% | +$3.36M |
|
562
C.H. Robinson
CHRW
$14.9B
| $22.7M | 0.03% |
434,184
+22,592
| +5% | +$1.18M |
|
563
Macerich
MAC
$4.56B
| $22.6M | 0.03% |
357,064
+5,903
| +2% | +$374K |
|
564
Core Laboratories
CLB
$580M
| $22.6M | 0.03% |
114,150
+500
| +0.4% | +$99.2K |
|
565
CNX Resources
CNX
$4.15B
| $22.6M | 0.03% |
660,775
+72,720
| +12% | +$2.48M |
|
566
MGM Resorts International
MGM
$9.82B
| $22.5M | 0.03% |
921,845
-41,500
| -4% | -$1.02M |
|
567
JB Hunt Transport Services
JBHT
$13.3B
| $22.5M | 0.03% |
311,104
+20,874
| +7% | +$1.51M |
|
|
STRZA
568
DELISTED
Starz - Series A
STRZA
| $22.5M | 0.03% |
703,923
+122,500
| +21% | +$3.91M |
|
569
Universal Health Services
UHS
$11.7B
| $22.5M | 0.03% |
288,688
-18,900
| -6% | -$1.47M |
|
570
Newell Brands
NWL
$2.54B
| $22.4M | 0.03% |
758,300
-20,300
| -3% | -$600K |
|
571
United Rentals
URI
$61.2B
| $22.4M | 0.03% |
254,525
+42,358
| +20% | +$3.72M |
|
572
Steel Dynamics
STLD
$19.5B
| $22.4M | 0.03% |
1,205,800
-21,500
| -2% | -$399K |
|
573
H&R Block
HRB
$6.7B
| $22.2M | 0.03% |
770,771
+25,800
| +3% | +$744K |
|
|
MWE
574
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $22.2M | 0.03% |
345,960
+9,500
| +3% | +$609K |
|
|
ARG
575
DELISTED
AIRGAS INC
ARG
| $22.1M | 0.03% |
212,477
+4,600
| +2% | +$479K |
|