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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
IAC Inc
IAC
$2.88B
| $20.7M | 0.03% |
758,027
-182,231
| -19% | -$4.97M |
|
577
East-West Bancorp
EWBC
$14.9B
| $20.6M | 0.03% |
315,550
-33,789
| -10% | -$2.2M |
|
578
Goodyear
GT
$2.45B
| $20.6M | 0.03% |
883,204
+91,379
| +12% | +$2.13M |
|
579
Owens Corning
OC
$12.8B
| $20.6M | 0.03% |
324,599
+32,662
| +11% | +$2.07M |
|
580
Helmerich & Payne
HP
$2.07B
| $20.5M | 0.03% |
322,250
-27,644
| -8% | -$1.76M |
|
581
Alnylam Pharmaceuticals
ALNY
$61.5B
| $20.5M | 0.03% |
208,514
-10,085
| -5% | -$993K |
|
582
Live Nation Entertainment
LYV
$39.6B
| $20.4M | 0.03% |
419,232
-29,512
| -7% | -$1.43M |
|
583
Fluor
FLR
$6.69B
| $20.3M | 0.03% |
415,322
+48,874
| +13% | +$2.38M |
|
584
Mattel
MAT
$5.78B
| $20.3M | 0.03% |
1,233,819
-106,697
| -8% | -$1.75M |
|
585
Bath & Body Works
BBWI
$5.81B
| $20.2M | 0.03% |
678,974
-85,241
| -11% | -$2.54M |
|
|
FL
586
DELISTED
Foot Locker
FL
| $20.2M | 0.03% |
384,152
-79,456
| -17% | -$4.18M |
|
587
Amdocs
DOX
$9.23B
| $20.2M | 0.03% |
305,419
-31,307
| -9% | -$2.07M |
|
588
Coca-Cola Europacific Partners
CCEP
$40.4B
| $20.2M | 0.03% |
497,397
-51,983
| -9% | -$2.11M |
|
589
Reliance Steel & Aluminium
RS
$15.4B
| $20M | 0.03% |
228,462
+16,467
| +8% | +$1.44M |
|
590
NRG Energy
NRG
$31.2B
| $19.9M | 0.03% |
647,989
-108,767
| -14% | -$3.34M |
|
591
Booz Allen Hamilton
BAH
$12.6B
| $19.9M | 0.03% |
454,162
-13,304
| -3% | -$582K |
|
592
Carlisle Companies
CSL
$16.2B
| $19.9M | 0.03% |
183,278
+17,918
| +11% | +$1.94M |
|
593
Leggett & Platt
LEG
$1.35B
| $19.8M | 0.03% |
442,677
+29,422
| +7% | +$1.31M |
|
594
Wabtec
WAB
$32.4B
| $19.7M | 0.03% |
200,161
-12,348
| -6% | -$1.22M |
|
595
Jacobs Solutions
J
$17.3B
| $19.7M | 0.03% |
375,330
-16,443
| -4% | -$864K |
|
596
XPO
XPO
$15.3B
| $19.7M | 0.03% |
568,243
-94,907
| -14% | -$3.29M |
|
597
A.O. Smith
AOS
$10.2B
| $19.6M | 0.03% |
332,048
-29,250
| -8% | -$1.73M |
|
598
AES
AES
$9.06B
| $19.6M | 0.03% |
1,461,928
-311,497
| -18% | -$4.18M |
|
599
Dentsply Sirona
XRAY
$2.73B
| $19.4M | 0.03% |
442,461
-51,377
| -10% | -$2.25M |
|
|
DISH
600
DELISTED
DISH Network Corp.
DISH
| $19.3M | 0.03% |
575,585
+89,944
| +19% | +$3.02M |
|