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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XEC
601
DELISTED
CIMAREX ENERGY CO
XEC
| $19M | 0.03% |
203,243
-5,419
| -3% | -$507K |
|
602
Live Nation Entertainment
LYV
$39.6B
| $18.9M | 0.03% |
448,744
-4,491
| -1% | -$189K |
|
603
Janus Henderson
JHG
$6.96B
| $18.9M | 0.03% |
570,800
-47,335
| -8% | -$1.57M |
|
604
Howmet Aerospace
HWM
$74.1B
| $18.9M | 0.03% |
1,067,846
-156,262
| -13% | -$2.76M |
|
605
New Oriental
EDU
$9.04B
| $18.8M | 0.03% |
214,892
-93,217
| -30% | -$8.17M |
|
606
Hubbell
HUBB
$23.5B
| $18.7M | 0.03% |
153,915
+3,734
| +2% | +$455K |
|
|
DATA
607
DELISTED
Tableau Software, Inc.
DATA
| $18.7M | 0.03% |
231,657
-113,932
| -33% | -$9.21M |
|
608
JetBlue
JBLU
$1.85B
| $18.7M | 0.03% |
920,625
+46,904
| +5% | +$953K |
|
609
Federal Realty Investment Trust
FRT
$8.67B
| $18.7M | 0.03% |
160,865
-11,771
| -7% | -$1.37M |
|
610
3D Systems Corporation
DDD
$272M
| $18.7M | 0.03% |
1,609,400
-77,200
| -5% | -$895K |
|
611
Jabil
JBL
$23.2B
| $18.6M | 0.03% |
648,106
-34,851
| -5% | -$1M |
|
612
PTC
PTC
$24.5B
| $18.5M | 0.03% |
237,154
-11,088
| -4% | -$865K |
|
|
DISH
613
DELISTED
DISH Network Corp.
DISH
| $18.4M | 0.03% |
485,641
+46,990
| +11% | +$1.78M |
|
|
HDS
614
DELISTED
HD Supply Holdings, Inc.
HDS
| $18.4M | 0.03% |
484,181
+40,398
| +9% | +$1.53M |
|
615
Jefferies Financial Group
JEF
$13.5B
| $18.4M | 0.03% |
902,515
-169,777
| -16% | -$3.45M |
|
616
Targa Resources
TRGP
$35.2B
| $18.4M | 0.03% |
417,100
-20,155
| -5% | -$887K |
|
617
Leggett & Platt
LEG
$1.35B
| $18.3M | 0.03% |
413,255
+10,689
| +3% | +$474K |
|
618
Allegion
ALLE
$14.6B
| $18.3M | 0.03% |
214,621
-20,214
| -9% | -$1.72M |
|
619
Chemed
CHE
$6.57B
| $18.2M | 0.03% |
66,855
-3,327
| -5% | -$908K |
|
|
JOYY
620
JOYY Inc. American Depositary Shares
JOYY
$3.23B
| $18.2M | 0.03% |
172,963
+78,035
| +82% | +$8.21M |
|
621
Reliance Steel & Aluminium
RS
$15.4B
| $18.2M | 0.03% |
211,995
+8,947
| +4% | +$767K |
|
622
Booz Allen Hamilton
BAH
$12.6B
| $18.1M | 0.03% |
467,466
+12,638
| +3% | +$489K |
|
|
FLIR
623
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $18.1M | 0.03% |
361,659
-21,319
| -6% | -$1.07M |
|
624
Crown Holdings
CCK
$11B
| $18M | 0.03% |
353,761
+41,946
| +13% | +$2.13M |
|
625
First American
FAF
$6.74B
| $17.9M | 0.03% |
305,472
-3,405
| -1% | -$200K |
|