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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Pool Corp
POOL
$11.9B
| $15.3M | 0.02% |
79,886
-9,113
| -10% | -$1.74M |
|
602
Vistra
VST
$70.9B
| $15.1M | 0.02% |
667,688
-8,818
| -1% | -$200K |
|
|
AIV
603
Aimco
AIV
$1.07B
| $15.1M | 0.02% |
2,261,522
+177,438
| +9% | +$1.18M |
|
604
Bright Horizons
BFAM
$6.36B
| $15M | 0.02% |
99,429
+5,026
| +5% | +$758K |
|
605
RPM International
RPM
$16B
| $15M | 0.02% |
245,016
-15,535
| -6% | -$949K |
|
606
Altice USA
ATUS
$1.09B
| $15M | 0.02% |
614,038
-96,866
| -14% | -$2.36M |
|
607
BorgWarner
BWA
$9.34B
| $15M | 0.02% |
404,589
-90,353
| -18% | -$3.34M |
|
608
HEICO Class A
HEI.A
$35B
| $14.9M | 0.02% |
143,832
-16,238
| -10% | -$1.68M |
|
609
Icon
ICLR
$12.9B
| $14.7M | 0.02% |
95,717
-11,554
| -11% | -$1.78M |
|
610
Gaming and Leisure Properties
GLPI
$13.6B
| $14.7M | 0.02% |
377,837
+3,402
| +0.9% | +$133K |
|
611
Wabtec
WAB
$32.4B
| $14.7M | 0.02% |
204,960
+7,872
| +4% | +$565K |
|
612
Amdocs
DOX
$9.23B
| $14.7M | 0.02% |
235,992
-2,797
| -1% | -$174K |
|
613
iShares Core MSCI EAFE ETF
IEFA
$152B
| $14.6M | 0.02% |
238,423
-550,557
| -70% | -$33.8M |
|
614
LKQ Corp
LKQ
$8.26B
| $14.6M | 0.02% |
549,767
+41,695
| +8% | +$1.11M |
|
615
Take-Two Interactive
TTWO
$45B
| $14.5M | 0.02% |
127,837
+12,011
| +10% | +$1.36M |
|
616
HubSpot
HUBS
$25.8B
| $14.4M | 0.02% |
84,684
-9,150
| -10% | -$1.56M |
|
617
Universal Display
OLED
$6.52B
| $14.4M | 0.02% |
76,641
+7,341
| +11% | +$1.38M |
|
618
AptarGroup
ATR
$8.98B
| $14.4M | 0.02% |
115,828
-5,208
| -4% | -$648K |
|
619
Sarepta Therapeutics
SRPT
$1.8B
| $14.4M | 0.02% |
94,700
-26,720
| -22% | -$4.06M |
|
620
Bio-Techne
TECH
$7.93B
| $14.4M | 0.02% |
275,908
-3,496
| -1% | -$182K |
|
621
Etsy
ETSY
$5.73B
| $14.3M | 0.02% |
233,380
-24,430
| -9% | -$1.5M |
|
622
Reliance Steel & Aluminium
RS
$15.4B
| $14.3M | 0.02% |
151,324
-39,026
| -21% | -$3.69M |
|
623
Toro Company
TTC
$7.68B
| $14.1M | 0.02% |
210,196
+769
| +0.4% | +$51.4K |
|
624
Assured Guaranty
AGO
$3.89B
| $14M | 0.02% |
332,318
-61,404
| -16% | -$2.58M |
|
625
Ionis Pharmaceuticals
IONS
$10.2B
| $14M | 0.02% |
217,356
+6,948
| +3% | +$447K |
|