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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Old Dominion Freight Line
ODFL
$31.4B
| $18.2M | 0.02% |
365,250
-37,803
| -9% | -$1.88M |
|
552
APA Corp
APA
$8.22B
| $18.1M | 0.02% |
625,702
-131,273
| -17% | -$3.8M |
|
553
Alaska Air
ALK
$7.36B
| $18.1M | 0.02% |
283,270
-62,994
| -18% | -$4.03M |
|
554
Carlisle Companies
CSL
$16.8B
| $18M | 0.02% |
127,964
-30,891
| -19% | -$4.34M |
|
555
The Mosaic Company
MOS
$10.7B
| $17.9M | 0.02% |
716,991
-200,521
| -22% | -$5.02M |
|
556
Zions Bancorporation
ZION
$8.6B
| $17.8M | 0.02% |
387,149
-69,707
| -15% | -$3.21M |
|
557
Kimco Realty
KIM
$15.2B
| $17.8M | 0.02% |
962,040
+60,108
| +7% | +$1.11M |
|
558
FMC
FMC
$4.77B
| $17.7M | 0.02% |
212,890
+13,494
| +7% | +$1.12M |
|
559
Coterra Energy
CTRA
$18.6B
| $17.6M | 0.02% |
766,762
-11,188
| -1% | -$257K |
|
560
Fortune Brands Innovations
FBIN
$7.29B
| $17.5M | 0.02% |
359,256
-92,816
| -21% | -$4.53M |
|
561
Molson Coors Class B
TAP
$9.71B
| $17.5M | 0.02% |
312,711
+25,709
| +9% | +$1.44M |
|
562
Lamar Advertising Co
LAMR
$13B
| $17.5M | 0.02% |
216,200
-19,160
| -8% | -$1.55M |
|
563
Crown Holdings
CCK
$11.4B
| $17.4M | 0.02% |
284,852
-43,835
| -13% | -$2.68M |
|
564
NOV
NOV
$4.94B
| $17.4M | 0.02% |
782,799
-151,308
| -16% | -$3.36M |
|
565
Interpublic Group of Companies
IPG
$9.78B
| $17.3M | 0.02% |
765,549
-179,628
| -19% | -$4.06M |
|
566
Unum
UNM
$12.8B
| $17.3M | 0.02% |
515,476
-147,907
| -22% | -$4.96M |
|
567
Invesco
IVZ
$10.1B
| $17.2M | 0.02% |
842,051
-211,952
| -20% | -$4.34M |
|
568
Spirit AeroSystems
SPR
$4.61B
| $17.2M | 0.02% |
211,551
-65,166
| -24% | -$5.3M |
|
569
New Oriental
EDU
$8.93B
| $17.2M | 0.02% |
177,632
+9,867
| +6% | +$953K |
|
570
Norwegian Cruise Line
NCLH
$12.2B
| $17.1M | 0.02% |
319,090
+24,334
| +8% | +$1.31M |
|
571
Pultegroup
PHM
$27.4B
| $17.1M | 0.02% |
540,197
-129,588
| -19% | -$4.1M |
|
572
Howmet Aerospace
HWM
$74.3B
| $17.1M | 0.02% |
861,181
+17,275
| +2% | +$342K |
|
573
Robert Half
RHI
$3.7B
| $17M | 0.02% |
298,524
-88,948
| -23% | -$5.07M |
|
|
ZEN
574
DELISTED
ZENDESK INC
ZEN
| $16.6M | 0.02% |
186,851
-2,066
| -1% | -$184K |
|
575
EPAM Systems
EPAM
$8.79B
| $16.6M | 0.02% |
95,887
-5,318
| -5% | -$921K |
|