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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
NVR
NVR
$23B
| $19.6M | 0.03% |
7,919
-1,132
| -13% | -$2.8M |
|
602
Trip.com Group
TCOM
$47.4B
| $19.5M | 0.03% |
524,734
-54,345
| -9% | -$2.02M |
|
603
ON Semiconductor
ON
$19.7B
| $19.5M | 0.03% |
1,055,694
-54,335
| -5% | -$1M |
|
604
Reliance Steel & Aluminium
RS
$15.4B
| $19.4M | 0.03% |
227,904
-558
| -0.2% | -$47.6K |
|
605
RPM International
RPM
$16B
| $19.3M | 0.02% |
297,952
-66,497
| -18% | -$4.32M |
|
606
Molson Coors Class B
TAP
$9.7B
| $19.3M | 0.02% |
314,481
-31,747
| -9% | -$1.95M |
|
607
3D Systems Corporation
DDD
$272M
| $19.3M | 0.02% |
1,022,151
-319,349
| -24% | -$6.04M |
|
608
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $19.3M | 0.02% |
223,458
+146,355
| +190% | +$12.7M |
|
609
RenaissanceRe
RNR
$11.2B
| $19.3M | 0.02% |
144,484
+27,051
| +23% | +$3.61M |
|
610
Lamar Advertising Co
LAMR
$12.8B
| $19.2M | 0.02% |
247,227
-6,613
| -3% | -$514K |
|
611
Teledyne Technologies
TDY
$25.6B
| $19.1M | 0.02% |
77,494
+2,023
| +3% | +$499K |
|
612
Interpublic Group of Companies
IPG
$9.51B
| $19M | 0.02% |
829,581
-100,913
| -11% | -$2.31M |
|
613
Icon
ICLR
$12.9B
| $18.9M | 0.02% |
123,162
-19,714
| -14% | -$3.03M |
|
614
Goodyear
GT
$2.45B
| $18.7M | 0.02% |
799,785
-83,419
| -9% | -$1.95M |
|
615
FMC
FMC
$4.61B
| $18.7M | 0.02% |
246,762
-22,042
| -8% | -$1.67M |
|
616
Assured Guaranty
AGO
$3.89B
| $18.5M | 0.02% |
438,992
-35,379
| -7% | -$1.49M |
|
617
Teradyne
TER
$18.7B
| $18.5M | 0.02% |
499,170
-71,127
| -12% | -$2.63M |
|
618
Tyler Technologies
TYL
$23.6B
| $18.4M | 0.02% |
75,200
+1,080
| +1% | +$265K |
|
|
CY
619
DELISTED
Cypress Semiconductor
CY
| $18.4M | 0.02% |
1,270,861
-65,144
| -5% | -$944K |
|
620
Amdocs
DOX
$9.23B
| $18.4M | 0.02% |
278,957
-26,462
| -9% | -$1.75M |
|
621
Lamb Weston
LW
$7.79B
| $18.4M | 0.02% |
275,534
+23,777
| +9% | +$1.58M |
|
|
FL
622
DELISTED
Foot Locker
FL
| $18.2M | 0.02% |
356,822
-27,330
| -7% | -$1.39M |
|
623
Flowserve
FLS
$7.35B
| $18.1M | 0.02% |
331,605
-30,251
| -8% | -$1.65M |
|
624
Graco
GGG
$14.1B
| $18.1M | 0.02% |
391,298
-26,548
| -6% | -$1.23M |
|
625
JetBlue
JBLU
$1.85B
| $18.1M | 0.02% |
936,574
-59,702
| -6% | -$1.16M |
|