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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LSXMA
576
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $20.9M | 0.03% |
665,584
+74,051
| +13% | +$2.32M |
|
577
Pentair
PNR
$17.9B
| $20.9M | 0.03% |
481,332
-31,263
| -6% | -$1.36M |
|
578
Arrow Electronics
ARW
$6.54B
| $20.9M | 0.03% |
282,941
-16,821
| -6% | -$1.24M |
|
579
Liberty Global Class A
LBTYA
$3.93B
| $20.8M | 0.03% |
720,491
-32,372
| -4% | -$937K |
|
580
Teleflex
TFX
$5.76B
| $20.8M | 0.03% |
78,131
-21,197
| -21% | -$5.64M |
|
581
Martin Marietta Materials
MLM
$37.2B
| $20.7M | 0.03% |
113,978
+7,288
| +7% | +$1.33M |
|
582
Jazz Pharmaceuticals
JAZZ
$7.7B
| $20.7M | 0.03% |
123,087
-16,572
| -12% | -$2.79M |
|
|
CIT
583
DELISTED
CIT Group Inc.
CIT
| $20.7M | 0.03% |
400,581
-39,442
| -9% | -$2.04M |
|
584
Fair Isaac
FICO
$36.7B
| $20.6M | 0.03% |
90,006
-517
| -0.6% | -$118K |
|
585
Trimble
TRMB
$19.1B
| $20.5M | 0.03% |
471,626
-58,932
| -11% | -$2.56M |
|
586
Revvity
RVTY
$9.58B
| $20.5M | 0.03% |
210,288
-42,509
| -17% | -$4.13M |
|
587
Affiliated Managers Group
AMG
$6.6B
| $20.4M | 0.03% |
149,440
-506
| -0.3% | -$69.2K |
|
588
Ingredion
INGR
$8.08B
| $20.4M | 0.03% |
194,383
-16,796
| -8% | -$1.76M |
|
589
LKQ Corp
LKQ
$8.26B
| $20.4M | 0.03% |
642,597
-12,862
| -2% | -$407K |
|
590
Encompass Health
EHC
$12.6B
| $20.3M | 0.03% |
327,227
+6,496
| +2% | +$403K |
|
591
DexCom
DXCM
$29.8B
| $20.2M | 0.03% |
565,684
+55,284
| +11% | +$1.98M |
|
|
AZPN
592
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $20.2M | 0.03% |
177,254
+19,402
| +12% | +$2.21M |
|
593
Mercado Libre
MELI
$119B
| $20.2M | 0.03% |
59,200
-13,828
| -19% | -$4.71M |
|
|
JOBS
594
DELISTED
51job, Inc.
JOBS
| $20.1M | 0.03% |
261,242
-59,891
| -19% | -$4.61M |
|
595
Burlington
BURL
$17.6B
| $20M | 0.03% |
123,025
+23,200
| +23% | +$3.78M |
|
596
Invitation Homes
INVH
$18.4B
| $20M | 0.03% |
873,780
+471,924
| +117% | +$10.8M |
|
597
Hubbell
HUBB
$23.5B
| $19.9M | 0.03% |
149,184
-16,165
| -10% | -$2.16M |
|
598
Fortune Brands Innovations
FBIN
$7.05B
| $19.9M | 0.03% |
445,234
-30,403
| -6% | -$1.36M |
|
599
Live Nation Entertainment
LYV
$39.6B
| $19.8M | 0.03% |
362,873
-56,359
| -13% | -$3.07M |
|
600
Coty
COTY
$3.51B
| $19.6M | 0.03% |
1,561,576
-57,030
| -4% | -$716K |
|