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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MDVN
601
DELISTED
MEDIVATION, INC.
MDVN
| $16.7M | 0.03% |
363,000
-600
| -0.2% | -$27.6K |
|
|
CDK
602
DELISTED
CDK Global, Inc.
CDK
| $16.6M | 0.03% |
355,600
-54,700
| -13% | -$2.55M |
|
603
Pitney Bowes
PBI
$1.94B
| $16.5M | 0.03% |
764,412
+87,900
| +13% | +$1.89M |
|
604
Ralph Lauren
RL
$18.9B
| $16.4M | 0.03% |
170,600
+2,000
| +1% | +$193K |
|
605
TripAdvisor
TRIP
$2.06B
| $16.4M | 0.03% |
246,900
-14,000
| -5% | -$931K |
|
606
SEI Investments
SEIC
$10.7B
| $16.4M | 0.03% |
380,700
-16,400
| -4% | -$706K |
|
|
ITC
607
DELISTED
ITC HOLDINGS CORP
ITC
| $16.4M | 0.03% |
376,000
| – | – |
|
608
Herc Holdings
HRI
$4.46B
| $16.4M | 0.03% |
517,700
+68,567
| +15% | +$2.17M |
|
609
Garmin
GRMN
$45.8B
| $16.3M | 0.03% |
407,400
+13,700
| +3% | +$547K |
|
610
NewMarket
NEU
$7.86B
| $16.2M | 0.03% |
41,000
-1,200
| -3% | -$476K |
|
611
OGE Energy
OGE
$8.83B
| $16.2M | 0.03% |
567,200
+41,500
| +8% | +$1.19M |
|
|
BRCD
612
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $16.2M | 0.03% |
1,534,548
-63,700
| -4% | -$674K |
|
613
Trimble
TRMB
$19.1B
| $16.2M | 0.03% |
653,500
-37,100
| -5% | -$920K |
|
|
TWTR
614
DELISTED
Twitter, Inc.
TWTR
| $16.2M | 0.03% |
978,600
-58,200
| -6% | -$963K |
|
|
DNY
615
DELISTED
DONNELLEY R R & SONS CO
DNY
| $16.1M | 0.03% |
983,902
-73,500
| -7% | -$1.21M |
|
616
Jacobs Solutions
J
$17.2B
| $16.1M | 0.03% |
447,746
+4,836
| +1% | +$174K |
|
|
HAR
617
DELISTED
Harman International Industries
HAR
| $16.1M | 0.03% |
180,700
-17,300
| -9% | -$1.54M |
|
618
Cheniere Energy
LNG
$51.9B
| $16M | 0.03% |
472,000
-28,400
| -6% | -$961K |
|
|
MNK
619
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15.9M | 0.03% |
259,640
-15,200
| -6% | -$931K |
|
620
Brown-Forman Class A
BF.A
$13.2B
| $15.9M | 0.03% |
372,548
-5,000
| -1% | -$213K |
|
|
GXP
621
DELISTED
Great Plains Energy Incorporated
GXP
| $15.9M | 0.03% |
492,352
+48,200
| +11% | +$1.55M |
|
622
Spirit AeroSystems
SPR
$4.72B
| $15.8M | 0.03% |
349,300
-108,600
| -24% | -$4.93M |
|
|
QIHU
623
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $15.8M | 0.03% |
209,400
+2,200
| +1% | +$166K |
|
|
BMS
624
DELISTED
Bemis
BMS
| $15.8M | 0.03% |
305,440
-7,000
| -2% | -$362K |
|
625
Zions Bancorporation
ZION
$8.47B
| $15.8M | 0.03% |
652,800
+7,500
| +1% | +$182K |
|