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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
American Financial Group
AFG
$11.6B
| $19.5M | 0.02% |
158,762
+15,288
| +11% | +$1.88M |
|
602
Robert Half
RHI
$3.77B
| $19.5M | 0.02% |
254,432
+40,447
| +19% | +$3.09M |
|
603
Coca-Cola Europacific Partners
CCEP
$40.4B
| $19.4M | 0.02% |
455,325
+66,234
| +17% | +$2.82M |
|
604
Watsco
WSO
$16.6B
| $19.2M | 0.02% |
74,719
+6,588
| +10% | +$1.7M |
|
605
Vail Resorts
MTN
$5.87B
| $19M | 0.02% |
88,198
+6,807
| +8% | +$1.47M |
|
606
Reinsurance Group of America
RGA
$12.8B
| $19M | 0.02% |
151,122
+8,293
| +6% | +$1.04M |
|
607
Jabil
JBL
$22.5B
| $19M | 0.02% |
328,503
+51,119
| +18% | +$2.95M |
|
608
Williams-Sonoma
WSM
$24.7B
| $18.9M | 0.02% |
321,486
+35,584
| +12% | +$2.1M |
|
609
Cullen/Frost Bankers
CFR
$8.24B
| $18.9M | 0.02% |
142,823
+21,129
| +17% | +$2.79M |
|
610
Royal Caribbean
RCL
$95.7B
| $18.9M | 0.02% |
497,763
+83,381
| +20% | +$3.16M |
|
611
Genpact
G
$7.82B
| $18.9M | 0.02% |
430,735
+90,097
| +26% | +$3.94M |
|
612
HF Sinclair
DINO
$9.56B
| $18.8M | 0.02% |
349,501
+49,583
| +17% | +$2.67M |
|
|
STOR
613
DELISTED
STORE Capital Corporation
STOR
| $18.8M | 0.02% |
600,186
+171,042
| +40% | +$5.36M |
|
614
Credicorp
BAP
$20.7B
| $18.7M | 0.02% |
152,558
+4,792
| +3% | +$588K |
|
615
Unum
UNM
$12.6B
| $18.7M | 0.02% |
481,929
+107,649
| +29% | +$4.18M |
|
616
Zions Bancorporation
ZION
$8.34B
| $18.5M | 0.02% |
363,813
+62,445
| +21% | +$3.18M |
|
617
Jazz Pharmaceuticals
JAZZ
$7.86B
| $18.5M | 0.02% |
138,733
+17,820
| +15% | +$2.38M |
|
|
WRK
618
DELISTED
WestRock Company
WRK
| $18.5M | 0.02% |
597,340
+104,501
| +21% | +$3.23M |
|
619
Owens Corning
OC
$13B
| $18.4M | 0.02% |
234,276
+33,643
| +17% | +$2.64M |
|
620
Advanced Drainage Systems
WMS
$11.5B
| $18.3M | 0.02% |
147,304
+27,596
| +23% | +$3.43M |
|
621
Flex
FLEX
$20.8B
| $18.3M | 0.02% |
1,458,719
+287,289
| +25% | +$3.61M |
|
622
Dolby
DLB
$6.96B
| $18.2M | 0.02% |
279,716
+49,005
| +21% | +$3.19M |
|
623
Lumen
LUMN
$4.87B
| $18.1M | 0.02% |
2,484,661
+263,375
| +12% | +$1.92M |
|
624
Webster Financial
WBS
$10.3B
| $18.1M | 0.02% |
399,693
+55,207
| +16% | +$2.5M |
|
|
ZEN
625
DELISTED
ZENDESK INC
ZEN
| $18M | 0.02% |
235,904
+25,400
| +12% | +$1.93M |
|