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 |
Fortive
FTV
|
$29.3M |
| 2 |
Johnson Controls International
JCI
|
$24.2M |
| 3 |
Procter & Gamble
PG
|
$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 5 |
Dell
DELL
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
JPMorgan Chase
JPM
|
$51M |
| 5 |
Comcast
CMCSA
|
$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
PBCT
601
DELISTED
People's United Financial Inc
PBCT
| $16.4M | 0.03% |
1,034,079
-105,000
| -9% | -$1.66M |
|
602
JD.com
JD
$44.6B
| $16.3M | 0.03% |
626,500
-42,900
| -6% | -$1.12M |
|
603
Nabors Industries
NBR
$560M
| $16.3M | 0.03% |
26,858
-592
| -2% | -$360K |
|
|
FLG
604
Flagstar Financial, Inc.
FLG
$5.39B
| $16.3M | 0.03% |
382,259
-2,900
| -0.8% | -$124K |
|
605
Hubbell
HUBB
$23.2B
| $16.3M | 0.03% |
151,301
-10,300
| -6% | -$1.11M |
|
606
NewMarket
NEU
$7.64B
| $16.3M | 0.03% |
37,900
-1,800
| -5% | -$773K |
|
|
CY
607
DELISTED
Cypress Semiconductor
CY
| $16.3M | 0.03% |
1,337,800
-91,600
| -6% | -$1.11M |
|
|
SNI
608
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $16.3M | 0.03% |
256,100
-100
| -0% | -$6.35K |
|
|
RAD
609
DELISTED
Rite Aid Corporation
RAD
| $16.2M | 0.03% |
105,622
-3,950
| -4% | -$608K |
|
|
WOOF
610
DELISTED
VCA Inc.
WOOF
| $16.1M | 0.03% |
229,800
-9,400
| -4% | -$658K |
|
611
CoStar Group
CSGP
$37.9B
| $16.1M | 0.03% |
742,000
-22,000
| -3% | -$476K |
|
612
Cleveland-Cliffs
CLF
$5.63B
| $16M | 0.03% |
2,741,600
+339,500
| +14% | +$1.99M |
|
613
Copart
CPRT
$47B
| $16M | 0.03% |
2,389,600
-132,800
| -5% | -$889K |
|
614
Advanced Micro Devices
AMD
$245B
| $16M | 0.03% |
2,314,024
-360,200
| -13% | -$2.49M |
|
615
Wolfspeed
WOLF
$196M
| $16M | 0.03% |
621,156
-39,200
| -6% | -$1.01M |
|
616
FMC
FMC
$4.72B
| $16M | 0.03% |
380,721
-19,370
| -5% | -$812K |
|
617
MDU Resources
MDU
$3.31B
| $15.9M | 0.03% |
1,647,665
-63,380
| -4% | -$613K |
|
618
Royal Gold
RGLD
$12.2B
| $15.9M | 0.03% |
205,297
-900
| -0.4% | -$69.7K |
|
619
New Oriental
EDU
$7.98B
| $15.9M | 0.03% |
342,800
-16,700
| -5% | -$774K |
|
620
W.R. Berkley
WRB
$27.3B
| $15.9M | 0.03% |
928,196
-129,937
| -12% | -$2.22M |
|
|
ACC
621
DELISTED
American Campus Communities, Inc.
ACC
| $15.8M | 0.03% |
311,518
-7,400
| -2% | -$376K |
|
|
DNB
622
DELISTED
Dun & Bradstreet
DNB
| $15.8M | 0.03% |
115,873
-1,400
| -1% | -$191K |
|
|
SIVB
623
DELISTED
SVB Financial Group
SIVB
| $15.8M | 0.03% |
142,700
-1,900
| -1% | -$210K |
|
624
lululemon athletica
LULU
$19.9B
| $15.7M | 0.03% |
258,000
+2,900
| +1% | +$177K |
|
625
NNN REIT
NNN
$8.18B
| $15.6M | 0.03% |
307,502
-4,200
| -1% | -$214K |
|