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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Cheniere Energy
LNG
$52B
| $23.1M | 0.03% |
429,709
+12,937
| +3% | +$697K |
|
552
Atmos Energy
ATO
$26.3B
| $23.1M | 0.03% |
269,092
+688
| +0.3% | +$59.1K |
|
|
CDK
553
DELISTED
CDK Global, Inc.
CDK
| $23.1M | 0.03% |
324,219
+19,319
| +6% | +$1.38M |
|
554
Nasdaq
NDAQ
$54.3B
| $23.1M | 0.03% |
901,542
+42,363
| +5% | +$1.08M |
|
555
SL Green Realty
SLG
$4.27B
| $23.1M | 0.03% |
236,038
+8,319
| +4% | +$813K |
|
556
Federal Realty Investment Trust
FRT
$8.66B
| $22.9M | 0.03% |
172,636
+5,199
| +3% | +$690K |
|
557
Leidos
LDOS
$23B
| $22.8M | 0.03% |
353,126
-17,894
| -5% | -$1.16M |
|
|
FL
558
DELISTED
Foot Locker
FL
| $22.8M | 0.03% |
486,091
+126,683
| +35% | +$5.94M |
|
559
CoStar Group
CSGP
$36.3B
| $22.7M | 0.03% |
765,150
+44,580
| +6% | +$1.32M |
|
560
Adient
ADNT
$1.92B
| $22.7M | 0.03% |
288,443
+37,201
| +15% | +$2.93M |
|
561
IAC Inc
IAC
$2.88B
| $22.7M | 0.03% |
1,038,407
+1,153
| +0.1% | +$25.2K |
|
562
ON Semiconductor
ON
$19.7B
| $22.6M | 0.03% |
1,080,706
+28,421
| +3% | +$595K |
|
563
F5
FFIV
$18.7B
| $22.5M | 0.03% |
171,499
+3,190
| +2% | +$419K |
|
564
East-West Bancorp
EWBC
$15B
| $22.5M | 0.03% |
369,720
-27,755
| -7% | -$1.69M |
|
565
Teradyne
TER
$18.7B
| $22.5M | 0.03% |
536,225
+22,458
| +4% | +$940K |
|
566
Robert Half
RHI
$3.57B
| $22.4M | 0.03% |
402,967
+7,784
| +2% | +$432K |
|
567
Revvity
RVTY
$9.71B
| $22.3M | 0.03% |
305,111
+24,446
| +9% | +$1.79M |
|
568
CDW
CDW
$22.2B
| $22.3M | 0.03% |
320,715
-8,448
| -3% | -$587K |
|
569
Liberty Global Class A
LBTYA
$3.94B
| $22.2M | 0.03% |
619,810
+25,265
| +4% | +$905K |
|
570
SiriusXM
SIRI
$8.01B
| $22.2M | 0.03% |
414,323
-2,420
| -0.6% | -$130K |
|
571
Vail Resorts
MTN
$5.39B
| $22M | 0.03% |
103,616
+2,978
| +3% | +$633K |
|
572
AES
AES
$9.04B
| $22M | 0.03% |
2,030,126
+66,401
| +3% | +$719K |
|
573
Essential Utilities
WTRG
$10.7B
| $21.7M | 0.03% |
552,514
+39,934
| +8% | +$1.57M |
|
574
Pediatrix Medical
MD
$1.44B
| $21.6M | 0.03% |
403,838
+20,777
| +5% | +$1.11M |
|
575
Xerox
XRX
$461M
| $21.5M | 0.03% |
735,941
+21,569
| +3% | +$629K |
|