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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
A.O. Smith
AOS
$10.2B
| $16.4M | 0.02% |
307,863
+3,304
| +1% | +$176K |
|
|
TMX
602
DELISTED
Terminix Global Holdings, Inc.
TMX
| $16.4M | 0.02% |
350,870
+78,605
| +29% | +$3.67M |
|
|
AZPN
603
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $16.4M | 0.02% |
156,880
-14,764
| -9% | -$1.54M |
|
|
CY
604
DELISTED
Cypress Semiconductor
CY
| $16.3M | 0.02% |
1,094,892
-29,180
| -3% | -$435K |
|
605
Equity Lifestyle Properties
ELS
$11.7B
| $16.3M | 0.02% |
285,174
+2,930
| +1% | +$167K |
|
606
Norwegian Cruise Line
NCLH
$11.5B
| $16.2M | 0.02% |
294,756
-42,766
| -13% | -$2.35M |
|
607
Sun Communities
SUI
$16.1B
| $16.1M | 0.02% |
135,657
+467
| +0.3% | +$55.3K |
|
|
DATA
608
DELISTED
Tableau Software, Inc.
DATA
| $16.1M | 0.02% |
126,275
+8,944
| +8% | +$1.14M |
|
|
ZEN
609
DELISTED
ZENDESK INC
ZEN
| $16.1M | 0.02% |
188,917
-691
| -0.4% | -$58.7K |
|
|
WBC
610
DELISTED
WABCO HOLDINGS INC.
WBC
| $16M | 0.02% |
121,512
-14,587
| -11% | -$1.92M |
|
611
RingCentral
RNG
$2.77B
| $16M | 0.02% |
148,337
+10,351
| +8% | +$1.12M |
|
612
Paycom
PAYC
$12.4B
| $15.7M | 0.02% |
83,104
-1,166
| -1% | -$221K |
|
613
OGE Energy
OGE
$8.85B
| $15.7M | 0.02% |
363,556
-51,891
| -12% | -$2.24M |
|
614
Twilio
TWLO
$16B
| $15.7M | 0.02% |
121,335
+18,748
| +18% | +$2.42M |
|
615
Affiliated Managers Group
AMG
$6.6B
| $15.6M | 0.02% |
146,090
-10,952
| -7% | -$1.17M |
|
616
HubSpot
HUBS
$25.8B
| $15.6M | 0.02% |
93,834
+6,058
| +7% | +$1.01M |
|
617
Popular Inc
BPOP
$8.45B
| $15.6M | 0.02% |
299,054
-24,802
| -8% | -$1.29M |
|
618
Ryder
R
$7.61B
| $15.6M | 0.02% |
251,093
-18,067
| -7% | -$1.12M |
|
619
Liberty Global Class A
LBTYA
$3.93B
| $15.6M | 0.02% |
624,285
-14,975
| -2% | -$373K |
|
620
Jazz Pharmaceuticals
JAZZ
$7.7B
| $15.5M | 0.02% |
108,497
-8,316
| -7% | -$1.19M |
|
621
FMC
FMC
$4.61B
| $15.3M | 0.02% |
199,396
-28,273
| -12% | -$2.17M |
|
622
National Fuel Gas
NFG
$7.87B
| $15.3M | 0.02% |
251,265
+14,696
| +6% | +$896K |
|
623
Altice USA
ATUS
$1.09B
| $15.3M | 0.02% |
710,904
-29,815
| -4% | -$640K |
|
624
RPM International
RPM
$16B
| $15.1M | 0.02% |
260,551
+5,272
| +2% | +$306K |
|
625
Service Corp International
SCI
$11B
| $15.1M | 0.02% |
376,471
+2,603
| +0.7% | +$105K |
|