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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Sealed Air
SEE
$4.83B
| $22.9M | 0.03% |
569,574
-186
| -0% | -$7.47K |
|
552
KKR & Co
KKR
$124B
| $22.8M | 0.03% |
837,225
-212,107
| -20% | -$5.78M |
|
553
Xerox
XRX
$456M
| $22.8M | 0.03% |
846,026
-78,610
| -9% | -$2.12M |
|
554
New Oriental
EDU
$9.04B
| $22.8M | 0.03% |
308,157
+8,347
| +3% | +$618K |
|
|
FDC
555
DELISTED
First Data Corporation
FDC
| $22.8M | 0.03% |
930,667
+129,508
| +16% | +$3.17M |
|
556
United Therapeutics
UTHR
$17.9B
| $22.8M | 0.03% |
177,927
-16,177
| -8% | -$2.07M |
|
557
Allison Transmission
ALSN
$7.41B
| $22.8M | 0.03% |
437,459
-8,489
| -2% | -$442K |
|
558
Booz Allen Hamilton
BAH
$12.6B
| $22.4M | 0.03% |
451,520
-2,642
| -0.6% | -$131K |
|
559
Mohawk Industries
MHK
$8.41B
| $22.3M | 0.03% |
127,227
-10,751
| -8% | -$1.89M |
|
560
Flex
FLEX
$21.7B
| $22.3M | 0.03% |
2,255,502
-160,515
| -7% | -$1.59M |
|
561
Incyte
INCY
$16.8B
| $22.1M | 0.03% |
320,214
-25,576
| -7% | -$1.77M |
|
562
Wynn Resorts
WYNN
$12.8B
| $22.1M | 0.03% |
173,761
-26,751
| -13% | -$3.4M |
|
563
Neurocrine Biosciences
NBIX
$14B
| $22M | 0.03% |
179,076
+14,350
| +9% | +$1.76M |
|
|
XEC
564
DELISTED
CIMAREX ENERGY CO
XEC
| $22M | 0.03% |
236,719
+48,332
| +26% | +$4.49M |
|
565
Perrigo
PRGO
$3.04B
| $22M | 0.03% |
310,466
-102,250
| -25% | -$7.24M |
|
566
Albemarle
ALB
$8.63B
| $21.9M | 0.03% |
219,928
-12,756
| -5% | -$1.27M |
|
|
LPT
567
DELISTED
Liberty Property Trust
LPT
| $21.8M | 0.03% |
517,012
+93,606
| +22% | +$3.95M |
|
568
Wabtec
WAB
$32.4B
| $21.8M | 0.03% |
207,991
+7,830
| +4% | +$821K |
|
569
Nektar Therapeutics
NKTR
$916M
| $21.7M | 0.03% |
23,733
+5,974
| +34% | +$5.46M |
|
570
AES
AES
$9.06B
| $21.3M | 0.03% |
1,519,094
+57,166
| +4% | +$800K |
|
571
Plains All American Pipeline
PAA
$12.2B
| $21.2M | 0.03% |
848,012
-85,347
| -9% | -$2.13M |
|
572
Jacobs Solutions
J
$17.3B
| $21.1M | 0.03% |
332,955
-42,375
| -11% | -$2.68M |
|
573
Carlisle Companies
CSL
$16.2B
| $21M | 0.03% |
172,342
-10,936
| -6% | -$1.33M |
|
574
Sarepta Therapeutics
SRPT
$1.8B
| $21M | 0.03% |
129,938
+2,710
| +2% | +$438K |
|
575
Pultegroup
PHM
$26.7B
| $20.9M | 0.03% |
844,528
+19,404
| +2% | +$481K |
|