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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Arthur J. Gallagher & Co
AJG
$75.2B
| $18.8M | 0.03% |
332,400
-24,600
| -7% | -$1.39M |
|
552
Liberty Broadband Class C
LBRDK
$8.67B
| $18.8M | 0.03% |
217,500
+61,200
| +39% | +$5.29M |
|
553
MPLX
MPLX
$50.8B
| $18.8M | 0.03% |
520,362
-5,100
| -1% | -$184K |
|
554
Nasdaq
NDAQ
$54.3B
| $18.8M | 0.03% |
810,000
-87,600
| -10% | -$2.03M |
|
555
3D Systems Corporation
DDD
$272M
| $18.8M | 0.03% |
1,253,400
+946,100
| +308% | +$14.2M |
|
556
Qorvo
QRVO
$8.26B
| $18.7M | 0.03% |
273,400
-54,700
| -17% | -$3.75M |
|
|
WPZ
557
DELISTED
Williams Partners L.P.
WPZ
| $18.6M | 0.03% |
454,379
-4,100
| -0.9% | -$167K |
|
558
Cheniere Energy
LNG
$52.1B
| $18.5M | 0.03% |
390,700
-16,800
| -4% | -$794K |
|
559
Affiliated Managers Group
AMG
$6.6B
| $18.4M | 0.03% |
112,500
-3,000
| -3% | -$492K |
|
560
Mercado Libre
MELI
$119B
| $18.4M | 0.03% |
87,000
+17,400
| +25% | +$3.68M |
|
561
Tractor Supply
TSCO
$31B
| $18.4M | 0.03% |
1,332,500
-10,500
| -0.8% | -$145K |
|
562
Diamondback Energy
FANG
$40.4B
| $18.4M | 0.03% |
177,000
+38,900
| +28% | +$4.03M |
|
563
Quanta Services
PWR
$58.1B
| $18.3M | 0.03% |
494,200
-18,800
| -4% | -$698K |
|
|
VER
564
DELISTED
VEREIT, Inc.
VER
| $18.3M | 0.03% |
431,766
+9,140
| +2% | +$388K |
|
565
Alexandria Real Estate Equities
ARE
$14.3B
| $18.3M | 0.03% |
165,805
-10,100
| -6% | -$1.12M |
|
566
Garmin
GRMN
$45.4B
| $18.3M | 0.03% |
357,800
-23,800
| -6% | -$1.22M |
|
567
Zebra Technologies
ZBRA
$15.6B
| $18.2M | 0.03% |
205,800
+105,900
| +106% | +$9.38M |
|
568
Trimble
TRMB
$19.1B
| $18.2M | 0.03% |
567,900
-32,900
| -5% | -$1.05M |
|
569
Steel Dynamics
STLD
$19.5B
| $18.2M | 0.03% |
522,500
+1,100
| +0.2% | +$38.2K |
|
|
BRCD
570
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $18.1M | 0.03% |
1,452,098
-34,000
| -2% | -$424K |
|
571
Atmos Energy
ATO
$26.3B
| $18.1M | 0.03% |
228,600
+27,900
| +14% | +$2.2M |
|
572
New Oriental
EDU
$9.04B
| $18.1M | 0.03% |
299,000
-11,700
| -4% | -$706K |
|
573
Hilton Worldwide
HLT
$64.2B
| $18M | 0.03% |
308,658
+19,299
| +7% | +$1.13M |
|
|
SNI
574
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $18M | 0.03% |
229,100
-21,500
| -9% | -$1.68M |
|
575
OGE Energy
OGE
$8.85B
| $17.9M | 0.03% |
513,100
-29,700
| -5% | -$1.04M |
|