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
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Allegion
ALLE
$14.8B
| $20.7M | 0.02% |
196,370
+2,394
| +1% | +$252K |
|
602
Zscaler
ZS
$42.7B
| $20.6M | 0.02% |
183,998
-6,919
| -4% | -$774K |
|
603
Tapestry
TPR
$21.7B
| $20.5M | 0.02% |
538,890
-69,736
| -11% | -$2.66M |
|
604
Unum
UNM
$12.6B
| $20.4M | 0.02% |
498,094
+16,165
| +3% | +$663K |
|
|
WRK
605
DELISTED
WestRock Company
WRK
| $20.4M | 0.02% |
580,506
-16,834
| -3% | -$592K |
|
606
AGCO
AGCO
$8.28B
| $20.3M | 0.02% |
146,615
-1,879
| -1% | -$261K |
|
607
Performance Food Group
PFGC
$16.5B
| $20.3M | 0.02% |
347,661
+805
| +0.2% | +$47K |
|
608
Lattice Semiconductor
LSCC
$9.05B
| $20.3M | 0.02% |
312,489
-913
| -0.3% | -$59.2K |
|
609
Huazhu Hotels Group
HTHT
$11.5B
| $20.2M | 0.02% |
476,086
-4,608
| -1% | -$195K |
|
610
Comerica
CMA
$8.85B
| $20.1M | 0.02% |
301,272
-5,602
| -2% | -$374K |
|
611
Universal Health Services
UHS
$12.1B
| $20.1M | 0.02% |
142,630
-5,075
| -3% | -$715K |
|
612
BILL Holdings
BILL
$5.24B
| $20M | 0.02% |
183,245
-16,328
| -8% | -$1.78M |
|
613
CubeSmart
CUBE
$9.52B
| $19.9M | 0.02% |
495,004
-11,189
| -2% | -$450K |
|
614
Lamar Advertising Co
LAMR
$13B
| $19.8M | 0.02% |
209,928
+7,349
| +4% | +$694K |
|
615
Annaly Capital Management
NLY
$14.2B
| $19.7M | 0.02% |
934,586
+69,201
| +8% | +$1.46M |
|
616
Commerce Bancshares
CBSH
$8.08B
| $19.6M | 0.02% |
316,803
+14,082
| +5% | +$869K |
|
617
Owens Corning
OC
$13B
| $19.6M | 0.02% |
229,243
-5,033
| -2% | -$429K |
|
618
Cirrus Logic
CRUS
$5.94B
| $19.5M | 0.02% |
261,419
+3,913
| +2% | +$291K |
|
619
KE Holdings
BEKE
$22.4B
| $19.4M | 0.02% |
1,390,283
-23,636
| -2% | -$330K |
|
|
EQC
620
DELISTED
Equity Commonwealth
EQC
| $19.3M | 0.02% |
774,597
+43,221
| +6% | +$1.08M |
|
621
Emcor
EME
$28B
| $19.2M | 0.02% |
129,873
+6,555
| +5% | +$971K |
|
622
Pinnacle West Capital
PNW
$10.6B
| $19.2M | 0.02% |
252,707
-813
| -0.3% | -$61.8K |
|
623
Robert Half
RHI
$3.77B
| $19.2M | 0.02% |
259,977
+5,545
| +2% | +$409K |
|
624
Webster Financial
WBS
$10.3B
| $19.1M | 0.02% |
404,389
+4,696
| +1% | +$222K |
|
625
Regal Rexnord
RRX
$9.66B
| $19.1M | 0.02% |
158,860
+4,290
| +3% | +$515K |
|