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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Herbalife
HLF
$958M
| $19.3M | 0.03% |
570,506
+8,506
| +2% | +$288K |
|
577
CoStar Group
CSGP
$36.6B
| $19.3M | 0.03% |
720,570
+88,570
| +14% | +$2.38M |
|
|
CDK
578
DELISTED
CDK Global, Inc.
CDK
| $19.2M | 0.03% |
304,900
+4,000
| +1% | +$252K |
|
579
Teradyne
TER
$18.7B
| $19.2M | 0.03% |
513,767
+31,067
| +6% | +$1.16M |
|
580
AXIS Capital
AXS
$7.59B
| $19.1M | 0.03% |
333,652
+13,407
| +4% | +$768K |
|
581
SEI Investments
SEIC
$10.7B
| $19.1M | 0.03% |
313,021
+17,821
| +6% | +$1.09M |
|
582
Helmerich & Payne
HP
$2.07B
| $19.1M | 0.03% |
366,038
+121,138
| +49% | +$6.31M |
|
583
Acuity Brands
AYI
$10.1B
| $19M | 0.03% |
110,917
+3,667
| +3% | +$628K |
|
584
KKR & Co
KKR
$124B
| $18.9M | 0.03% |
928,455
+49,525
| +6% | +$1.01M |
|
585
Garmin
GRMN
$45.4B
| $18.8M | 0.03% |
348,657
+12,757
| +4% | +$688K |
|
586
Gaming and Leisure Properties
GLPI
$13.6B
| $18.8M | 0.03% |
509,918
+42,383
| +9% | +$1.56M |
|
587
Steel Dynamics
STLD
$19.5B
| $18.8M | 0.03% |
544,690
+25,590
| +5% | +$882K |
|
588
Cheniere Energy
LNG
$52.1B
| $18.8M | 0.03% |
416,772
-328
| -0.1% | -$14.8K |
|
|
CY
589
DELISTED
Cypress Semiconductor
CY
| $18.7M | 0.03% |
1,247,300
| – | – |
|
590
AGCO
AGCO
$8.02B
| $18.7M | 0.03% |
253,879
+16,516
| +7% | +$1.22M |
|
591
Steris
STE
$24B
| $18.7M | 0.03% |
211,344
+14,062
| +7% | +$1.24M |
|
592
Arista Networks
ANET
$189B
| $18.6M | 0.03% |
1,570,800
+102,000
| +7% | +$1.21M |
|
593
Quanta Services
PWR
$58.1B
| $18.6M | 0.03% |
498,088
+19,288
| +4% | +$721K |
|
594
MPLX
MPLX
$50.8B
| $18.6M | 0.03% |
530,985
+14,223
| +3% | +$498K |
|
595
Chipotle Mexican Grill
CMG
$51.9B
| $18.5M | 0.03% |
3,007,300
-77,700
| -3% | -$478K |
|
596
Kimco Realty
KIM
$15.1B
| $18.4M | 0.03% |
943,005
-6,581
| -0.7% | -$129K |
|
597
AerCap
AER
$21.7B
| $18.3M | 0.03% |
357,344
+14,544
| +4% | +$743K |
|
598
Diamondback Energy
FANG
$40.4B
| $18.2M | 0.03% |
186,161
+4,661
| +3% | +$457K |
|
599
Advanced Energy
AEIS
$5.93B
| $18.2M | 0.03% |
225,231
+5,531
| +3% | +$447K |
|
600
Crown Holdings
CCK
$11B
| $18M | 0.03% |
302,138
-4,696
| -2% | -$280K |
|