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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WOOF
601
DELISTED
VCA Inc.
WOOF
| $17M | 0.03% |
185,500
-6,700
| -3% | -$613K |
|
602
LKQ Corp
LKQ
$8.26B
| $17M | 0.03% |
579,300
-47,900
| -8% | -$1.4M |
|
603
Old Dominion Freight Line
ODFL
$30.7B
| $16.9M | 0.03% |
592,800
+1,800
| +0.3% | +$51.3K |
|
604
Cognex
CGNX
$7.45B
| $16.9M | 0.03% |
401,800
-2,400
| -0.6% | -$101K |
|
|
BEAV
605
DELISTED
B/E Aerospace Inc
BEAV
| $16.8M | 0.03% |
262,600
-9,900
| -4% | -$635K |
|
|
WBC
606
DELISTED
WABCO HOLDINGS INC.
WBC
| $16.8M | 0.03% |
143,000
-6,900
| -5% | -$810K |
|
|
CY
607
DELISTED
Cypress Semiconductor
CY
| $16.8M | 0.03% |
1,220,300
-52,500
| -4% | -$722K |
|
608
Avnet
AVT
$4.5B
| $16.8M | 0.03% |
366,300
-6,200
| -2% | -$284K |
|
609
Starwood Property Trust
STWD
$7.6B
| $16.7M | 0.03% |
741,500
+62,100
| +9% | +$1.4M |
|
610
Herbalife
HLF
$958M
| $16.7M | 0.03% |
575,600
-16,400
| -3% | -$477K |
|
|
X
611
DELISTED
US Steel
X
| $16.7M | 0.03% |
494,300
-153,300
| -24% | -$5.18M |
|
612
Workday
WDAY
$60.5B
| $16.7M | 0.03% |
200,500
-8,700
| -4% | -$725K |
|
613
Spirit AeroSystems
SPR
$4.76B
| $16.7M | 0.03% |
287,800
+4,300
| +2% | +$249K |
|
614
IDEX
IEX
$12.1B
| $16.6M | 0.03% |
177,600
-25,900
| -13% | -$2.42M |
|
615
Pultegroup
PHM
$26.7B
| $16.6M | 0.03% |
704,800
-31,900
| -4% | -$751K |
|
616
Helmerich & Payne
HP
$2.07B
| $16.5M | 0.03% |
247,400
-4,300
| -2% | -$286K |
|
617
Hubbell
HUBB
$23.5B
| $16.4M | 0.03% |
136,501
-17,700
| -11% | -$2.12M |
|
|
SBNY
618
DELISTED
Signature Bank
SBNY
| $16.3M | 0.03% |
109,800
+1,500
| +1% | +$223K |
|
619
Palo Alto Networks
PANW
$132B
| $16.3M | 0.03% |
866,400
-37,800
| -4% | -$710K |
|
620
CommScope
COMM
$3.59B
| $16.3M | 0.03% |
390,000
-9,700
| -2% | -$405K |
|
621
MDU Resources
MDU
$3.36B
| $16.2M | 0.03% |
1,560,616
-7,101
| -0.5% | -$73.9K |
|
622
Jazz Pharmaceuticals
JAZZ
$7.7B
| $16.2M | 0.03% |
111,700
-5,000
| -4% | -$726K |
|
|
FLG
623
Flagstar Financial, Inc.
FLG
$5.24B
| $16.1M | 0.03% |
384,359
-9,066
| -2% | -$380K |
|
624
Crown Holdings
CCK
$11B
| $16.1M | 0.03% |
304,134
+3,300
| +1% | +$175K |
|
625
JetBlue
JBLU
$1.85B
| $16.1M | 0.03% |
780,704
+43,000
| +6% | +$886K |
|