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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Gentex
GNTX
$6.15B
| $12.7M | 0.02% |
573,726
-33,919
| -6% | -$752K |
|
602
UGI
UGI
$7.38B
| $12.7M | 0.02% |
475,548
-38,100
| -7% | -$1.02M |
|
603
Voya Financial
VOYA
$7.3B
| $12.7M | 0.02% |
312,201
-85,399
| -21% | -$3.46M |
|
604
Jazz Pharmaceuticals
JAZZ
$7.7B
| $12.6M | 0.02% |
126,772
-6,114
| -5% | -$610K |
|
605
Universal Display
OLED
$6.52B
| $12.6M | 0.02% |
95,933
-4,700
| -5% | -$619K |
|
|
GLIBA
606
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $12.6M | 0.02% |
220,641
+3,377
| +2% | +$192K |
|
607
Ally Financial
ALLY
$12.7B
| $12.5M | 0.02% |
868,769
-254,380
| -23% | -$3.67M |
|
|
HZNP
608
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $12.5M | 0.02% |
422,739
-83,196
| -16% | -$2.46M |
|
609
Royal Caribbean
RCL
$92.8B
| $12.5M | 0.02% |
388,677
-22,334
| -5% | -$719K |
|
610
Halliburton
HAL
$19.3B
| $12.4M | 0.02% |
1,805,089
-100,300
| -5% | -$687K |
|
611
Genpact
G
$7.49B
| $12.3M | 0.01% |
422,423
+9,944
| +2% | +$290K |
|
612
Lumentum
LITE
$11.5B
| $12.3M | 0.01% |
167,373
-16,989
| -9% | -$1.25M |
|
613
Albemarle
ALB
$8.63B
| $12.3M | 0.01% |
218,504
+3,400
| +2% | +$192K |
|
614
Post Holdings
POST
$5.69B
| $12.3M | 0.01% |
226,761
+4,578
| +2% | +$249K |
|
615
Whirlpool
WHR
$5.24B
| $12.3M | 0.01% |
142,791
-7,388
| -5% | -$634K |
|
616
Reinsurance Group of America
RGA
$12.7B
| $12.2M | 0.01% |
144,640
-381,618
| -73% | -$32.1M |
|
617
Jones Lang LaSalle
JLL
$14.6B
| $12.1M | 0.01% |
120,227
-5,995
| -5% | -$605K |
|
618
Liberty Media Series C
FWONK
$24.7B
| $12.1M | 0.01% |
459,676
+6,947
| +2% | +$183K |
|
619
Lincoln National
LNC
$7.88B
| $12.1M | 0.01% |
459,238
-130,065
| -22% | -$3.42M |
|
620
Wynn Resorts
WYNN
$12.8B
| $12.1M | 0.01% |
200,600
-9,900
| -5% | -$596K |
|
621
Keurig Dr Pepper
KDP
$37.3B
| $12M | 0.01% |
492,764
+9,065
| +2% | +$220K |
|
622
CACI
CACI
$10.7B
| $11.9M | 0.01% |
56,561
-45,392
| -45% | -$9.58M |
|
623
MongoDB
MDB
$27.2B
| $11.9M | 0.01% |
87,240
-10,584
| -11% | -$1.45M |
|
|
PRAH
624
DELISTED
PRA Health Sciences, Inc.
PRAH
| $11.9M | 0.01% |
143,209
+91
| +0.1% | +$7.56K |
|
625
Carnival Corp
CCL
$42.5B
| $11.9M | 0.01% |
902,193
-51,684
| -5% | -$681K |
|