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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
WEX
WEX
$5.81B
| $17.3M | 0.02% |
90,277
-5,514
| -6% | -$1.06M |
|
577
Etsy
ETSY
$5.73B
| $17.3M | 0.02% |
257,810
-2,548
| -1% | -$171K |
|
578
Compañía de Minas Buenaventura
BVN
$5.09B
| $17.3M | 0.02% |
999,338
+322,890
| +48% | +$5.58M |
|
579
Allegion
ALLE
$14.6B
| $17.2M | 0.02% |
189,664
+13,569
| +8% | +$1.23M |
|
580
Reliance Steel & Aluminium
RS
$15.4B
| $17.2M | 0.02% |
190,350
-11,171
| -6% | -$1.01M |
|
581
Molson Coors Class B
TAP
$9.7B
| $17.1M | 0.02% |
287,002
-3,679
| -1% | -$219K |
|
582
EPAM Systems
EPAM
$8.53B
| $17.1M | 0.02% |
101,205
-1,396
| -1% | -$236K |
|
583
Ionis Pharmaceuticals
IONS
$10.2B
| $17.1M | 0.02% |
210,408
+22,285
| +12% | +$1.81M |
|
584
Teledyne Technologies
TDY
$25.6B
| $17M | 0.02% |
71,887
-870
| -1% | -$206K |
|
585
Trimble
TRMB
$19.1B
| $17M | 0.02% |
420,509
+8,813
| +2% | +$356K |
|
586
Quanta Services
PWR
$58.1B
| $17M | 0.02% |
449,232
-11,175
| -2% | -$422K |
|
|
NLSN
587
DELISTED
Nielsen Holdings plc
NLSN
| $16.9M | 0.02% |
716,049
-26,892
| -4% | -$637K |
|
588
Qorvo
QRVO
$8.26B
| $16.9M | 0.02% |
235,860
-24,577
| -9% | -$1.76M |
|
|
CIT
589
DELISTED
CIT Group Inc.
CIT
| $16.9M | 0.02% |
352,169
-37,314
| -10% | -$1.79M |
|
590
Sonoco
SON
$4.54B
| $16.8M | 0.02% |
273,143
-9,197
| -3% | -$566K |
|
591
BorgWarner
BWA
$9.34B
| $16.7M | 0.02% |
494,942
-102,183
| -17% | -$3.46M |
|
592
Baker Hughes
BKR
$46.3B
| $16.7M | 0.02% |
602,258
-81,679
| -12% | -$2.26M |
|
593
Kimco Realty
KIM
$15.1B
| $16.7M | 0.02% |
901,932
+143,876
| +19% | +$2.66M |
|
594
Sensata Technologies
ST
$4.59B
| $16.7M | 0.02% |
370,057
+43,687
| +13% | +$1.97M |
|
595
Alnylam Pharmaceuticals
ALNY
$61.5B
| $16.6M | 0.02% |
177,786
-7,173
| -4% | -$670K |
|
596
iShares TIPS Bond ETF
TIP
$14B
| $16.5M | 0.02% |
146,296
+33,491
| +30% | +$3.79M |
|
597
Brown & Brown
BRO
$30.5B
| $16.5M | 0.02% |
558,640
-9,173
| -2% | -$271K |
|
598
MarketAxess Holdings
MKTX
$6.9B
| $16.5M | 0.02% |
66,972
-1,075
| -2% | -$265K |
|
599
Exact Sciences
EXAS
$10.4B
| $16.5M | 0.02% |
190,099
+9,217
| +5% | +$798K |
|
|
BERY
600
DELISTED
Berry Global Group, Inc.
BERY
| $16.5M | 0.02% |
332,536
-17,109
| -5% | -$846K |
|