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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Akamai
AKAM
$11B
| $20.3M | 0.03% |
417,053
+5,553
| +1% | +$271K |
|
552
F5
FFIV
$18.8B
| $20.3M | 0.03% |
168,309
+5,509
| +3% | +$664K |
|
553
Camden Property Trust
CPT
$11.6B
| $20.2M | 0.03% |
221,283
+12,902
| +6% | +$1.18M |
|
554
Liberty Global Class A
LBTYA
$3.93B
| $20.2M | 0.03% |
594,545
+27,314
| +5% | +$926K |
|
|
VER
555
DELISTED
VEREIT, Inc.
VER
| $20.1M | 0.03% |
485,866
+38,100
| +9% | +$1.58M |
|
556
Jack Henry & Associates
JKHY
$11.6B
| $20.1M | 0.03% |
195,611
+21,211
| +12% | +$2.18M |
|
|
SNI
557
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $20.1M | 0.03% |
233,995
+2,495
| +1% | +$214K |
|
558
UGI
UGI
$7.38B
| $20.1M | 0.03% |
428,839
+23,636
| +6% | +$1.11M |
|
559
Assured Guaranty
AGO
$3.89B
| $20.1M | 0.03% |
532,102
+18,410
| +4% | +$695K |
|
560
Targa Resources
TRGP
$35.2B
| $20.1M | 0.03% |
424,055
+165,500
| +64% | +$7.83M |
|
561
Robert Half
RHI
$3.56B
| $19.9M | 0.03% |
395,183
+12,811
| +3% | +$645K |
|
562
Hanesbrands
HBI
$2.21B
| $19.8M | 0.03% |
805,172
+34,372
| +4% | +$847K |
|
563
Hormel Foods
HRL
$13.7B
| $19.8M | 0.03% |
617,257
+45,857
| +8% | +$1.47M |
|
564
Live Nation Entertainment
LYV
$39.6B
| $19.7M | 0.03% |
452,575
+21,135
| +5% | +$920K |
|
565
W.R. Berkley
WRB
$27.4B
| $19.7M | 0.03% |
995,207
+51,824
| +5% | +$1.02M |
|
|
PBCT
566
DELISTED
People's United Financial Inc
PBCT
| $19.6M | 0.03% |
1,083,111
+23,383
| +2% | +$424K |
|
567
Macy's
M
$4.56B
| $19.6M | 0.03% |
898,504
+111,804
| +14% | +$2.44M |
|
568
Campbell Soup
CPB
$9.98B
| $19.6M | 0.03% |
418,433
+23,933
| +6% | +$1.12M |
|
569
Toro Company
TTC
$7.68B
| $19.6M | 0.03% |
315,621
+24,721
| +8% | +$1.53M |
|
570
EQT Corp
EQT
$31.9B
| $19.4M | 0.03% |
547,522
+15,159
| +3% | +$538K |
|
571
Navient
NAVI
$1.29B
| $19.4M | 0.03% |
1,294,621
-16,679
| -1% | -$251K |
|
572
ON Semiconductor
ON
$19.7B
| $19.4M | 0.03% |
1,052,285
+54,785
| +5% | +$1.01M |
|
573
Advanced Micro Devices
AMD
$259B
| $19.4M | 0.03% |
1,522,529
+69,729
| +5% | +$889K |
|
574
Revvity
RVTY
$9.58B
| $19.4M | 0.03% |
280,665
+5,165
| +2% | +$356K |
|
575
Jabil
JBL
$23.2B
| $19.4M | 0.03% |
677,833
+5,418
| +0.8% | +$155K |
|