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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Willis Towers Watson
WTW
$32.2B
| $17.7M | 0.03% |
162,745
-7,361
| -4% | -$799K |
|
577
Avnet
AVT
$4.5B
| $17.7M | 0.03% |
413,800
-12,300
| -3% | -$525K |
|
578
Tenet Healthcare
THC
$16.9B
| $17.6M | 0.03% |
475,410
-8,500
| -2% | -$314K |
|
579
Middleby
MIDD
$6.99B
| $17.5M | 0.03% |
166,500
+200
| +0.1% | +$21K |
|
580
Southern Copper
SCCO
$82.9B
| $17.5M | 0.03% |
688,116
-11,131
| -2% | -$283K |
|
|
SIVB
581
DELISTED
SVB Financial Group
SIVB
| $17.5M | 0.03% |
151,500
+400
| +0.3% | +$46.2K |
|
|
PNRA
582
DELISTED
Panera Bread Co
PNRA
| $17.5M | 0.03% |
90,300
-3,600
| -4% | -$696K |
|
|
EVHC
583
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $17.4M | 0.03% |
158,416
-2,205
| -1% | -$243K |
|
584
W.R. Berkley
WRB
$27.4B
| $17.4M | 0.03% |
1,082,096
-51,637
| -5% | -$832K |
|
585
Zions Bancorporation
ZION
$8.56B
| $17.4M | 0.03% |
631,100
-15,500
| -2% | -$427K |
|
586
Hilton Worldwide
HLT
$64.2B
| $17.3M | 0.03% |
252,092
+144,825
| +135% | +$9.97M |
|
587
Dentsply Sirona
XRAY
$2.73B
| $17.2M | 0.03% |
341,100
+17,500
| +5% | +$885K |
|
588
Arrow Electronics
ARW
$6.54B
| $17.1M | 0.03% |
309,965
-13,800
| -4% | -$763K |
|
589
Carlisle Companies
CSL
$16.2B
| $17.1M | 0.03% |
196,100
+9,500
| +5% | +$830K |
|
590
Alexandria Real Estate Equities
ARE
$14.3B
| $17.1M | 0.03% |
201,605
-6,000
| -3% | -$508K |
|
591
Alkermes
ALKS
$4.45B
| $17M | 0.03% |
289,700
+3,300
| +1% | +$194K |
|
592
Camden Property Trust
CPT
$11.6B
| $17M | 0.03% |
229,681
-4,100
| -2% | -$303K |
|
|
WPZ
593
DELISTED
Williams Partners L.P.
WPZ
| $17M | 0.03% |
531,361
-20,000
| -4% | -$638K |
|
|
EEP
594
DELISTED
Enbridge Energy Partners
EEP
| $17M | 0.03% |
685,939
-48,800
| -7% | -$1.21M |
|
|
SFG
595
DELISTED
STANCORP FINL GRP
SFG
| $16.9M | 0.03% |
148,162
-8,100
| -5% | -$925K |
|
596
Qorvo
QRVO
$8.26B
| $16.9M | 0.03% |
374,993
-23,698
| -6% | -$1.07M |
|
597
Factset
FDS
$13.7B
| $16.8M | 0.03% |
105,267
-3,300
| -3% | -$527K |
|
598
NiSource
NI
$19.2B
| $16.8M | 0.03% |
902,950
-1,483,942
| -62% | -$27.5M |
|
599
Pultegroup
PHM
$26.7B
| $16.7M | 0.03% |
883,900
-11,600
| -1% | -$219K |
|
600
Crown Holdings
CCK
$11B
| $16.6M | 0.03% |
363,234
-12,700
| -3% | -$581K |
|