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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
FL
576
DELISTED
Foot Locker
FL
| $22.1M | 0.03% |
482,664
-3,400
| -0.7% | -$156K |
|
577
Embraer
ERJ
$11B
| $22.1M | 0.03% |
635,057
| – | – |
|
|
FLG
578
Flagstar Financial, Inc.
FLG
$5.26B
| $22.1M | 0.03% |
461,892
+38,600
| +9% | +$1.84M |
|
579
CBRE Group
CBRE
$48.3B
| $22M | 0.03% |
815,500
+20,200
| +3% | +$545K |
|
580
Brinker International
EAT
$6.72B
| $21.9M | 0.03% |
433,470
-28,040
| -6% | -$1.42M |
|
581
Southern Copper
SCCO
$82.2B
| $21.9M | 0.03% |
752,482
+7,351
| +1% | +$214K |
|
|
WIN
582
DELISTED
Windstream Holdings Inc
WIN
| $21.9M | 0.03% |
325,437
+16,175
| +5% | +$1.09M |
|
583
Cboe Global Markets
CBOE
$24.5B
| $21.9M | 0.03% |
427,762
+103,200
| +32% | +$5.27M |
|
|
CLR
584
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $21.8M | 0.03% |
337,406
-25,400
| -7% | -$1.64M |
|
585
Petrobras Class A
PBR.A
$75.2B
| $21.8M | 0.03% |
1,504,877
-280,804
| -16% | -$4.07M |
|
586
Polaris
PII
$3.26B
| $21.7M | 0.03% |
159,036
-21,250
| -12% | -$2.9M |
|
587
TEGNA Inc
TGNA
$3.38B
| $21.6M | 0.03% |
1,507,830
-122,148
| -7% | -$1.75M |
|
|
TIF
588
DELISTED
Tiffany & Co.
TIF
| $21.6M | 0.03% |
249,921
-4,400
| -2% | -$380K |
|
589
O-I Glass
OI
$1.94B
| $21.6M | 0.03% |
650,134
-29,500
| -4% | -$979K |
|
590
Crown Holdings
CCK
$10.9B
| $21.6M | 0.03% |
481,034
+42,900
| +10% | +$1.92M |
|
|
ADT
591
DELISTED
ADT CORP
ADT
| $21.5M | 0.03% |
706,329
+39,299
| +6% | +$1.2M |
|
592
SPX Corp
SPXC
$9.3B
| $21.4M | 0.03% |
884,624
+408,195
| +86% | +$9.86M |
|
593
Snap-on
SNA
$16.9B
| $21.4M | 0.03% |
193,669
+18,100
| +10% | +$2M |
|
594
Domino's
DPZ
$15.1B
| $21.3M | 0.03% |
281,778
-35,514
| -11% | -$2.69M |
|
595
Old Republic International
ORI
$9.83B
| $21.3M | 0.03% |
1,317,483
-214,600
| -14% | -$3.47M |
|
|
OA
596
DELISTED
Orbital ATK, Inc.
OA
| $21.3M | 0.03% |
156,820
-5,800
| -4% | -$786K |
|
597
CNO Financial Group
CNO
$3.8B
| $21.2M | 0.03% |
1,186,168
-145,100
| -11% | -$2.59M |
|
|
DNY
598
DELISTED
DONNELLEY R R & SONS CO
DNY
| $21.2M | 0.03% |
1,199,422
-180,078
| -13% | -$3.18M |
|
599
NewMarket
NEU
$7.84B
| $21.1M | 0.03% |
54,560
+3,100
| +6% | +$1.2M |
|
600
Corpay
CPAY
$21.6B
| $21M | 0.03% |
187,350
+3,400
| +2% | +$382K |
|