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 |
Netflix
NFLX
|
+$376M |
| 2 |
Charter Communications
CHTR
|
+$360M |
| 3 |
Costco
COST
|
+$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$185M |
| 5 |
Microsoft
MSFT
|
+$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
+$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$174M |
| 3 |
Labcorp
LH
|
+$151M |
| 4 |
Stryker
SYK
|
+$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
CF Industries
CF
$13.7B
| $28.1M | 0.02% |
503,979
-13,144
| -3% | -$734K |
|
552
Fortune Brands Innovations
FBIN
$7.29B
| $27.9M | 0.02% |
365,382
-4,428
| -1% | -$338K |
|
553
SolarEdge
SEDG
$1.99B
| $27.7M | 0.02% |
104,547
+240
| +0.2% | +$63.7K |
|
554
Pultegroup
PHM
$27.9B
| $27.5M | 0.02% |
599,687
-26,588
| -4% | -$1.22M |
|
555
Floor & Decor
FND
$9.45B
| $27.4M | 0.02% |
227,071
+1,589
| +0.7% | +$192K |
|
556
Pentair
PNR
$18.1B
| $27.4M | 0.02% |
377,348
-3,764
| -1% | -$273K |
|
557
Howmet Aerospace
HWM
$72.3B
| $27.3M | 0.02% |
876,187
-9,471
| -1% | -$295K |
|
558
Kimco Realty
KIM
$15.3B
| $27.3M | 0.02% |
1,313,853
+339,038
| +35% | +$7.03M |
|
|
VMW
559
DELISTED
VMware, Inc
VMW
| $26.8M | 0.02% |
180,113
-2,411
| -1% | -$359K |
|
560
Medical Properties Trust
MPW
$2.75B
| $26.8M | 0.02% |
1,333,164
+27,841
| +2% | +$559K |
|
561
Steel Dynamics
STLD
$19.8B
| $26.8M | 0.02% |
457,424
-6,595
| -1% | -$386K |
|
562
Allegion
ALLE
$14.9B
| $26.7M | 0.02% |
202,201
-1,093
| -0.5% | -$144K |
|
563
Loews
L
$19.9B
| $26.7M | 0.02% |
494,551
-13,720
| -3% | -$740K |
|
564
Annaly Capital Management
NLY
$14.2B
| $26.6M | 0.02% |
788,683
-7,636
| -1% | -$257K |
|
565
NovoCure
NVCR
$1.41B
| $26.6M | 0.02% |
228,615
-2,722
| -1% | -$316K |
|
566
Graco
GGG
$14.2B
| $26.4M | 0.02% |
376,824
+481
| +0.1% | +$33.7K |
|
567
Robert Half
RHI
$3.66B
| $26.3M | 0.02% |
262,410
-3,609
| -1% | -$362K |
|
568
GoDaddy
GDDY
$20.5B
| $26.3M | 0.02% |
376,829
-2,383
| -0.6% | -$166K |
|
569
Darling Ingredients
DAR
$4.94B
| $26.2M | 0.02% |
364,862
+1,355
| +0.4% | +$97.4K |
|
570
FMC
FMC
$4.73B
| $26.2M | 0.02% |
285,942
-2,778
| -1% | -$254K |
|
571
Regency Centers
REG
$13.3B
| $26.1M | 0.02% |
387,563
+1,800
| +0.5% | +$121K |
|
572
Targa Resources
TRGP
$34.5B
| $26M | 0.02% |
529,261
+6,675
| +1% | +$328K |
|
573
Snap-on
SNA
$17.1B
| $26M | 0.02% |
124,298
+936
| +0.8% | +$196K |
|
574
Royalty Pharma
RPRX
$15.5B
| $26M | 0.02% |
718,425
+3,253
| +0.5% | +$118K |
|
575
Bunge Global
BG
$16.9B
| $25.9M | 0.02% |
318,431
+2,408
| +0.8% | +$196K |
|