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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
United Therapeutics
UTHR
$17.9B
| $17.1M | 0.03% |
131,800
+5,700
| +5% | +$739K |
|
602
Spirit AeroSystems
SPR
$4.76B
| $17.1M | 0.03% |
294,500
+6,700
| +2% | +$388K |
|
|
CY
603
DELISTED
Cypress Semiconductor
CY
| $17M | 0.03% |
1,247,300
+27,000
| +2% | +$369K |
|
604
EQT Corp
EQT
$31.9B
| $17M | 0.03% |
532,363
+11,757
| +2% | +$375K |
|
605
Allegion
ALLE
$14.6B
| $16.9M | 0.03% |
208,000
+9,500
| +5% | +$771K |
|
606
Wabtec
WAB
$32.4B
| $16.7M | 0.03% |
182,800
-6,100
| -3% | -$558K |
|
607
CoStar Group
CSGP
$36.6B
| $16.7M | 0.03% |
632,000
-5,000
| -0.8% | -$132K |
|
608
Plains All American Pipeline
PAA
$12.2B
| $16.6M | 0.03% |
630,017
-6,400
| -1% | -$168K |
|
|
VMW
609
DELISTED
VMware, Inc
VMW
| $16.5M | 0.03% |
188,900
+3,100
| +2% | +$271K |
|
|
PF
610
DELISTED
Pinnacle Foods, Inc.
PF
| $16.4M | 0.03% |
276,900
+7,100
| +3% | +$422K |
|
611
Pinnacle Financial Partners
PNFP
$7.58B
| $16.3M | 0.03% |
260,331
+41,131
| +19% | +$2.58M |
|
612
KKR & Co
KKR
$124B
| $16.3M | 0.03% |
878,930
+90,200
| +11% | +$1.68M |
|
613
Take-Two Interactive
TTWO
$45B
| $16.3M | 0.03% |
222,700
+5,100
| +2% | +$374K |
|
614
Genworth Financial
GNW
$3.51B
| $16.3M | 0.03% |
4,312,400
-482,400
| -10% | -$1.82M |
|
615
Commerce Bancshares
CBSH
$8B
| $16.2M | 0.03% |
422,402
-33,538
| -7% | -$1.29M |
|
616
Essential Utilities
WTRG
$10.6B
| $16.2M | 0.03% |
487,550
+10,100
| +2% | +$336K |
|
617
Hubbell
HUBB
$23.5B
| $16.2M | 0.03% |
143,201
+6,700
| +5% | +$758K |
|
|
LSXMA
618
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $16.2M | 0.03% |
533,308
+25,607
| +5% | +$777K |
|
|
BERY
619
DELISTED
Berry Global Group, Inc.
BERY
| $16.1M | 0.03% |
308,067
+2,722
| +0.9% | +$143K |
|
620
Diamondback Energy
FANG
$40.4B
| $16.1M | 0.03% |
181,500
+4,500
| +3% | +$400K |
|
|
WR
621
DELISTED
Westar Energy Inc
WR
| $16.1M | 0.03% |
303,600
-15,600
| -5% | -$827K |
|
622
OGE Energy
OGE
$8.85B
| $16.1M | 0.03% |
462,300
-50,800
| -10% | -$1.77M |
|
|
OA
623
DELISTED
Orbital ATK, Inc.
OA
| $16.1M | 0.03% |
163,500
+3,500
| +2% | +$344K |
|
624
Steris
STE
$24B
| $16.1M | 0.03% |
197,282
+9,300
| +5% | +$758K |
|
625
West Pharmaceutical
WST
$18.4B
| $16M | 0.03% |
169,300
+7,200
| +4% | +$681K |
|