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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Franklin Resources
BEN
$12.6B
| $21.5M | 0.02% |
744,599
+115,032
| +18% | +$3.32M |
|
552
Alaska Air
ALK
$7.23B
| $21.3M | 0.02% |
327,989
+44,719
| +16% | +$2.9M |
|
|
TMX
553
DELISTED
Terminix Global Holdings, Inc.
TMX
| $21.2M | 0.02% |
378,503
+78,454
| +26% | +$4.39M |
|
|
VIAB
554
DELISTED
Viacom Inc. Class B
VIAB
| $21.1M | 0.02% |
877,646
+248,668
| +40% | +$5.98M |
|
|
MRO
555
DELISTED
Marathon Oil Corporation
MRO
| $21.1M | 0.02% |
1,715,967
+258,333
| +18% | +$3.17M |
|
|
BKI
556
DELISTED
Black Knight, Inc. Common Stock
BKI
| $20.8M | 0.02% |
341,216
+71,201
| +26% | +$4.35M |
|
557
LPL Financial
LPLA
$27.4B
| $20.7M | 0.02% |
253,165
+56,452
| +29% | +$4.62M |
|
558
Medical Properties Trust
MPW
$2.78B
| $20.7M | 0.02% |
1,059,014
+283,617
| +37% | +$5.55M |
|
559
RingCentral
RNG
$2.77B
| $20.7M | 0.02% |
164,832
+30,275
| +22% | +$3.8M |
|
560
ON Semiconductor
ON
$19.7B
| $20.7M | 0.02% |
1,077,007
+286,135
| +36% | +$5.5M |
|
561
Pool Corp
POOL
$11.9B
| $20.7M | 0.02% |
102,517
+22,631
| +28% | +$4.56M |
|
562
LKQ Corp
LKQ
$8.26B
| $20.7M | 0.02% |
656,925
+107,158
| +19% | +$3.37M |
|
563
DaVita
DVA
$9.46B
| $20.6M | 0.02% |
361,737
+21,438
| +6% | +$1.22M |
|
564
Trimble
TRMB
$19.1B
| $20.6M | 0.02% |
531,156
+124,635
| +31% | +$4.84M |
|
565
Jones Lang LaSalle
JLL
$14.5B
| $20.4M | 0.02% |
146,556
+6,661
| +5% | +$926K |
|
|
NBIS
566
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.3B
| $20.4M | 0.02% |
581,579
+237,255
| +69% | +$8.31M |
|
567
Fortune Brands Innovations
FBIN
$7.05B
| $20.2M | 0.02% |
432,825
+73,569
| +20% | +$3.44M |
|
568
Kohl's
KSS
$1.8B
| $20.2M | 0.02% |
406,613
-79,853
| -16% | -$3.97M |
|
569
Revvity
RVTY
$9.58B
| $20.2M | 0.02% |
236,963
+40,624
| +21% | +$3.46M |
|
570
Aramark
ARMK
$10B
| $20.2M | 0.02% |
640,474
+143,353
| +29% | +$4.51M |
|
571
Amdocs
DOX
$9.22B
| $20.1M | 0.02% |
304,767
+68,775
| +29% | +$4.55M |
|
572
Sabre
SABR
$683M
| $20M | 0.02% |
893,100
+480,658
| +117% | +$10.8M |
|
573
Live Nation Entertainment
LYV
$39.6B
| $20M | 0.02% |
300,841
+58,400
| +24% | +$3.87M |
|
574
Essential Utilities
WTRG
$10.6B
| $19.8M | 0.02% |
442,354
+117,778
| +36% | +$5.28M |
|
575
Lamar Advertising Co
LAMR
$12.8B
| $19.8M | 0.02% |
241,166
+24,966
| +12% | +$2.05M |
|