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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Wynn Resorts
WYNN
$12.8B
| $16.6M | 0.02% |
133,766
-45,172
| -25% | -$5.6M |
|
577
Hubbell
HUBB
$23.5B
| $16.5M | 0.02% |
126,729
-20,420
| -14% | -$2.66M |
|
578
Plains All American Pipeline
PAA
$12.2B
| $16.4M | 0.02% |
673,412
-115,789
| -15% | -$2.82M |
|
579
West Pharmaceutical
WST
$18.4B
| $16.4M | 0.02% |
130,973
+3,293
| +3% | +$412K |
|
580
Graco
GGG
$14.1B
| $16.2M | 0.02% |
323,755
-37,577
| -10% | -$1.89M |
|
|
BKI
581
DELISTED
Black Knight, Inc. Common Stock
BKI
| $16.2M | 0.02% |
270,015
+98,780
| +58% | +$5.94M |
|
582
Live Nation Entertainment
LYV
$39.6B
| $16.1M | 0.02% |
242,441
-33,500
| -12% | -$2.22M |
|
583
LPL Financial
LPLA
$27.4B
| $16M | 0.02% |
196,713
+2,634
| +1% | +$215K |
|
584
Macy's
M
$4.56B
| $16M | 0.02% |
745,385
-92,038
| -11% | -$1.98M |
|
585
ON Semiconductor
ON
$19.7B
| $16M | 0.02% |
790,872
+75,957
| +11% | +$1.54M |
|
586
Sensata Technologies
ST
$4.59B
| $15.9M | 0.02% |
325,329
-44,728
| -12% | -$2.19M |
|
|
ABMD
587
DELISTED
Abiomed Inc
ABMD
| $15.9M | 0.02% |
60,847
-11,971
| -16% | -$3.12M |
|
|
HDS
588
DELISTED
HD Supply Holdings, Inc.
HDS
| $15.7M | 0.02% |
389,373
-98,416
| -20% | -$3.96M |
|
589
Allison Transmission
ALSN
$7.41B
| $15.7M | 0.02% |
338,182
-79,020
| -19% | -$3.66M |
|
|
TMX
590
DELISTED
Terminix Global Holdings, Inc.
TMX
| $15.6M | 0.02% |
300,049
-50,821
| -14% | -$2.65M |
|
591
Baker Hughes
BKR
$46.3B
| $15.5M | 0.02% |
629,000
+26,742
| +4% | +$659K |
|
592
Molina Healthcare
MOH
$9.71B
| $15.5M | 0.02% |
108,217
+19,189
| +22% | +$2.75M |
|
593
RingCentral
RNG
$2.77B
| $15.5M | 0.02% |
134,557
-13,780
| -9% | -$1.58M |
|
594
Erie Indemnity
ERIE
$17.3B
| $15.4M | 0.02% |
60,677
-6,011
| -9% | -$1.53M |
|
595
Sonoco
SON
$4.54B
| $15.4M | 0.02% |
235,861
-37,282
| -14% | -$2.44M |
|
596
Steel Dynamics
STLD
$19.5B
| $15.4M | 0.02% |
509,941
-84,669
| -14% | -$2.56M |
|
597
Service Corp International
SCI
$11B
| $15.4M | 0.02% |
329,134
-47,337
| -13% | -$2.21M |
|
598
AerCap
AER
$21.7B
| $15.4M | 0.02% |
295,540
-97,847
| -25% | -$5.09M |
|
599
Sealed Air
SEE
$4.83B
| $15.4M | 0.02% |
359,269
-121,812
| -25% | -$5.21M |
|
600
OGE Energy
OGE
$8.85B
| $15.3M | 0.02% |
359,769
-3,787
| -1% | -$161K |
|