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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Chemed
CHE
$6.57B
| $15.4M | 0.02% |
35,459
-4,634
| -12% | -$2.01M |
|
|
HRC
552
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $15.1M | 0.02% |
150,292
-2,776
| -2% | -$279K |
|
553
Kilroy Realty
KRC
$4.98B
| $15.1M | 0.02% |
236,646
-1,648
| -0.7% | -$105K |
|
554
Altice USA
ATUS
$1.09B
| $15.1M | 0.02% |
675,999
-128,250
| -16% | -$2.86M |
|
|
ZEN
555
DELISTED
ZENDESK INC
ZEN
| $14.7M | 0.02% |
230,414
-46,569
| -17% | -$2.98M |
|
556
Americold
COLD
$3.76B
| $14.7M | 0.02% |
431,735
-110,686
| -20% | -$3.77M |
|
557
Eastman Chemical
EMN
$7.47B
| $14.7M | 0.02% |
315,287
-14,415
| -4% | -$671K |
|
|
AZPN
558
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $14.6M | 0.02% |
153,228
-23,507
| -13% | -$2.23M |
|
559
LKQ Corp
LKQ
$8.26B
| $14.4M | 0.02% |
703,062
-48,614
| -6% | -$997K |
|
560
Interpublic Group of Companies
IPG
$9.51B
| $14.4M | 0.02% |
889,418
-44,073
| -5% | -$714K |
|
561
AptarGroup
ATR
$8.98B
| $14.4M | 0.02% |
144,497
-6,282
| -4% | -$625K |
|
562
Encompass Health
EHC
$12.6B
| $14.3M | 0.02% |
281,289
-13,705
| -5% | -$698K |
|
563
Vornado Realty Trust
VNO
$7.77B
| $14.3M | 0.02% |
394,777
-1,023,453
| -72% | -$37.1M |
|
564
Sarepta Therapeutics
SRPT
$1.8B
| $14.2M | 0.02% |
144,700
-50,277
| -26% | -$4.92M |
|
565
Hubbell
HUBB
$23.5B
| $14.2M | 0.02% |
123,334
-6,033
| -5% | -$692K |
|
566
Fortune Brands Innovations
FBIN
$7.05B
| $14M | 0.02% |
379,165
-17,292
| -4% | -$639K |
|
567
Baker Hughes
BKR
$46.3B
| $14M | 0.02% |
1,334,300
-191,400
| -13% | -$2.01M |
|
568
Textron
TXT
$14.4B
| $14M | 0.02% |
523,387
-25,386
| -5% | -$677K |
|
569
Dell
DELL
$84.2B
| $13.9M | 0.02% |
693,024
-21,277
| -3% | -$427K |
|
570
Howmet Aerospace
HWM
$74.1B
| $13.9M | 0.02% |
1,126,934
-96,213
| -8% | -$1.18M |
|
571
Perrigo
PRGO
$3.04B
| $13.8M | 0.02% |
287,347
-5,250
| -2% | -$252K |
|
572
Charles River Laboratories
CRL
$7.54B
| $13.8M | 0.02% |
108,950
-46,069
| -30% | -$5.81M |
|
573
CF Industries
CF
$14.1B
| $13.7M | 0.02% |
502,966
-35,253
| -7% | -$959K |
|
574
Entegris
ENTG
$12B
| $13.7M | 0.02% |
305,525
-14,900
| -5% | -$667K |
|
575
Equitable Holdings
EQH
$15.8B
| $13.7M | 0.02% |
944,871
-227,361
| -19% | -$3.29M |
|