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 |
Walmart
WMT
|
$250M |
| 2 |
Target
TGT
|
$142M |
| 3 |
Abbott
ABT
|
$113M |
| 4 |
Verizon
VZ
|
$87.4M |
| 5 |
NetEase
NTES
|
$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Equitable Holdings
EQH
$16B
| $29.8M | 0.02% |
912,083
-52,295
| -5% | -$1.71M |
|
552
Diamondback Energy
FANG
$40.2B
| $29.5M | 0.02% |
401,624
+676
| +0.2% | +$49.7K |
|
553
Crown Holdings
CCK
$11B
| $29.5M | 0.02% |
303,907
-8,033
| -3% | -$780K |
|
|
NUAN
554
DELISTED
Nuance Communications, Inc.
NUAN
| $29.5M | 0.02% |
674,867
-12,564
| -2% | -$548K |
|
555
Snap-on
SNA
$17.1B
| $29.4M | 0.02% |
127,443
-3,935
| -3% | -$908K |
|
|
SBNY
556
DELISTED
Signature Bank
SBNY
| $29.4M | 0.02% |
129,915
+1,323
| +1% | +$299K |
|
557
UDR
UDR
$13B
| $29.3M | 0.02% |
667,689
-36,870
| -5% | -$1.62M |
|
558
Packaging Corp of America
PKG
$19.8B
| $29.1M | 0.02% |
216,380
-10,307
| -5% | -$1.39M |
|
559
W.P. Carey
WPC
$14.9B
| $29.1M | 0.02% |
419,248
-6,550
| -2% | -$454K |
|
560
Howmet Aerospace
HWM
$71.8B
| $29M | 0.02% |
901,339
-63,405
| -7% | -$2.04M |
|
561
Brown-Forman Class B
BF.B
$13.7B
| $28.9M | 0.02% |
419,468
-671,616
| -62% | -$46.3M |
|
562
Lincoln National
LNC
$7.98B
| $28.9M | 0.02% |
464,516
-29,673
| -6% | -$1.85M |
|
|
FTCH
563
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $28.9M | 0.02% |
544,418
+1,964
| +0.4% | +$104K |
|
564
StoneCo
STNE
$4.63B
| $28.9M | 0.02% |
471,483
-7,290
| -2% | -$446K |
|
565
Fox Class A
FOXA
$27.4B
| $28.8M | 0.02% |
798,862
+40,309
| +5% | +$1.46M |
|
566
Hasbro
HAS
$11.2B
| $28.7M | 0.02% |
298,966
+16,968
| +6% | +$1.63M |
|
567
Brookfield Infrastructure Partners
BIP
$14.1B
| $28.5M | 0.02% |
802,059
-256,004
| -24% | -$9.09M |
|
568
Medical Properties Trust
MPW
$2.77B
| $28.3M | 0.02% |
1,331,510
+50,169
| +4% | +$1.07M |
|
569
Annaly Capital Management
NLY
$14.2B
| $28.3M | 0.02% |
823,638
-54,679
| -6% | -$1.88M |
|
570
CenterPoint Energy
CNP
$24.7B
| $28.1M | 0.02% |
1,239,326
+15,055
| +1% | +$341K |
|
571
Wolfspeed
WOLF
$196M
| $28M | 0.02% |
259,316
-5,798
| -2% | -$627K |
|
|
VMW
572
DELISTED
VMware, Inc
VMW
| $28M | 0.02% |
185,995
-3,371
| -2% | -$507K |
|
573
American Airlines Group
AAL
$8.63B
| $27.8M | 0.02% |
1,164,860
+84,376
| +8% | +$2.02M |
|
574
Interpublic Group of Companies
IPG
$9.94B
| $27.7M | 0.02% |
948,593
-64,628
| -6% | -$1.89M |
|
575
Wynn Resorts
WYNN
$12.6B
| $27.6M | 0.02% |
220,485
+2,738
| +1% | +$343K |
|