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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Fidelity National Financial
FNF
$16.5B
| $17.7M | 0.03% |
752,033
-62,945
| -8% | -$1.48M |
|
577
Fluor
FLR
$6.6B
| $17.7M | 0.03% |
337,212
-15,100
| -4% | -$793K |
|
578
Commerce Bancshares
CBSH
$8.11B
| $17.6M | 0.03% |
450,325
-16,063
| -3% | -$629K |
|
579
SS&C Technologies
SSNC
$21.7B
| $17.6M | 0.03% |
614,700
-73,500
| -11% | -$2.1M |
|
|
WFT
580
DELISTED
Weatherford International plc
WFT
| $17.5M | 0.03% |
3,512,831
+301,200
| +9% | +$1.5M |
|
|
WPZ
581
DELISTED
Williams Partners L.P.
WPZ
| $17.4M | 0.03% |
458,479
+4,200
| +0.9% | +$160K |
|
|
HAR
582
DELISTED
Harman International Industries
HAR
| $17.4M | 0.03% |
156,500
-10,800
| -6% | -$1.2M |
|
583
Qorvo
QRVO
$8.5B
| $17.3M | 0.03% |
328,100
-2,200
| -0.7% | -$116K |
|
584
Liberty Global Class A
LBTYA
$3.99B
| $17.3M | 0.03% |
565,431
-47,100
| -8% | -$1.44M |
|
|
RAD
585
DELISTED
Rite Aid Corporation
RAD
| $17.2M | 0.03% |
104,492
-1,130
| -1% | -$186K |
|
|
DNR
586
DELISTED
Denbury Resources, Inc.
DNR
| $17.2M | 0.03% |
4,663,198
+88,700
| +2% | +$326K |
|
587
MDU Resources
MDU
$3.29B
| $17.2M | 0.03% |
1,567,717
-79,948
| -5% | -$875K |
|
588
Melco Resorts & Entertainment
MLCO
$3.75B
| $17M | 0.03% |
1,072,000
-54,800
| -5% | -$871K |
|
589
Fortune Brands Innovations
FBIN
$7.29B
| $17M | 0.03% |
371,124
-66,339
| -15% | -$3.03M |
|
590
W.R. Berkley
WRB
$27.5B
| $16.9M | 0.03% |
857,658
-70,538
| -8% | -$1.39M |
|
591
Popular Inc
BPOP
$8.48B
| $16.9M | 0.03% |
385,700
+7,900
| +2% | +$346K |
|
592
Old Dominion Freight Line
ODFL
$31.8B
| $16.9M | 0.03% |
591,000
-10,128
| -2% | -$290K |
|
593
Cheniere Energy
LNG
$51.3B
| $16.9M | 0.03% |
407,500
-20,900
| -5% | -$866K |
|
594
Affiliated Managers Group
AMG
$6.57B
| $16.8M | 0.03% |
115,500
-7,600
| -6% | -$1.1M |
|
595
Under Armour Class C
UA
$2.11B
| $16.7M | 0.03% |
663,534
+313,600
| +90% | +$7.89M |
|
596
Teleflex
TFX
$5.75B
| $16.7M | 0.03% |
103,600
-5,800
| -5% | -$935K |
|
597
Cadence Design Systems
CDNS
$98.3B
| $16.7M | 0.03% |
661,600
-64,010
| -9% | -$1.61M |
|
598
PVH
PVH
$4.07B
| $16.7M | 0.03% |
184,800
+15,700
| +9% | +$1.42M |
|
|
LPT
599
DELISTED
Liberty Property Trust
LPT
| $16.7M | 0.03% |
421,663
-2,000
| -0.5% | -$79K |
|
600
Camden Property Trust
CPT
$11.9B
| $16.6M | 0.03% |
197,881
-14,700
| -7% | -$1.24M |
|