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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Hubbell
HUBB
$23.8B
| $14.6M | 0.02% |
147,467
-1,717
| -1% | -$171K |
|
602
Sensata Technologies
ST
$4.68B
| $14.6M | 0.02% |
326,370
-12,378
| -4% | -$555K |
|
|
WBC
603
DELISTED
WABCO HOLDINGS INC.
WBC
| $14.6M | 0.02% |
136,099
+6,364
| +5% | +$683K |
|
604
FMC
FMC
$4.72B
| $14.6M | 0.02% |
227,669
-19,093
| -8% | -$1.22M |
|
605
Jazz Pharmaceuticals
JAZZ
$7.8B
| $14.5M | 0.02% |
116,813
-6,274
| -5% | -$778K |
|
606
Openlane
KAR
$3.17B
| $14.5M | 0.02% |
800,455
+76,671
| +11% | +$1.38M |
|
607
JetBlue
JBLU
$1.9B
| $14.4M | 0.02% |
899,719
-36,855
| -4% | -$592K |
|
|
IDTI
608
DELISTED
Integrated Device Technology I
IDTI
| $14.4M | 0.02% |
297,966
-8,848
| -3% | -$428K |
|
609
MarketAxess Holdings
MKTX
$7.04B
| $14.4M | 0.02% |
68,047
-7,452
| -10% | -$1.57M |
|
610
Commerce Bancshares
CBSH
$7.98B
| $14.4M | 0.02% |
341,187
-19,951
| -6% | -$839K |
|
611
Reliance Steel & Aluminium
RS
$15.6B
| $14.3M | 0.02% |
201,521
-26,383
| -12% | -$1.88M |
|
|
FL
612
DELISTED
Foot Locker
FL
| $14.3M | 0.02% |
269,218
-87,604
| -25% | -$4.66M |
|
613
EQT Corp
EQT
$31.7B
| $14.3M | 0.02% |
758,059
-378,923
| -33% | -$7.16M |
|
614
Norwegian Cruise Line
NCLH
$12.2B
| $14.3M | 0.02% |
337,522
-73,744
| -18% | -$3.13M |
|
|
CY
615
DELISTED
Cypress Semiconductor
CY
| $14.3M | 0.02% |
1,124,072
-146,789
| -12% | -$1.87M |
|
616
Ares Capital
ARCC
$15.8B
| $14.2M | 0.02% |
911,813
-105,300
| -10% | -$1.64M |
|
|
AZPN
617
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $14.1M | 0.02% |
171,644
-5,610
| -3% | -$461K |
|
|
DATA
618
DELISTED
Tableau Software, Inc.
DATA
| $14.1M | 0.02% |
117,331
-5,447
| -4% | -$654K |
|
619
TripAdvisor
TRIP
$2.1B
| $14.1M | 0.02% |
260,835
+1,922
| +0.7% | +$104K |
|
620
Crown Holdings
CCK
$11.2B
| $14.1M | 0.02% |
338,165
-38,865
| -10% | -$1.62M |
|
621
Allegion
ALLE
$15.2B
| $14M | 0.02% |
176,095
-2,843
| -2% | -$227K |
|
|
MNDT
622
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $14M | 0.02% |
865,200
-84,400
| -9% | -$1.37M |
|
623
Starwood Property Trust
STWD
$7.59B
| $14M | 0.02% |
710,891
-69,775
| -9% | -$1.38M |
|
624
Albemarle
ALB
$8.95B
| $14M | 0.02% |
181,325
-38,603
| -18% | -$2.98M |
|
625
Icon
ICLR
$13.5B
| $14M | 0.02% |
108,048
-15,114
| -12% | -$1.95M |
|