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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Community Health Systems
CYH
$409M
| $15.7M | 0.03% |
445,033
-26,773
| -6% | -$946K |
|
627
U-Haul Holding Co
UHAL
$10.8B
| $15.7M | 0.03% |
399,000
-11,000
| -3% | -$433K |
|
628
Jack Henry & Associates
JKHY
$11.6B
| $15.5M | 0.03% |
222,928
-2,600
| -1% | -$181K |
|
629
MGM Resorts International
MGM
$9.79B
| $15.5M | 0.03% |
838,345
-22,000
| -3% | -$406K |
|
630
Huntington Ingalls Industries
HII
$10.7B
| $15.4M | 0.03% |
144,100
-10,400
| -7% | -$1.11M |
|
|
RAD
631
DELISTED
Rite Aid Corporation
RAD
| $15.4M | 0.03% |
127,177
-9,197
| -7% | -$1.12M |
|
|
FTR
632
DELISTED
Frontier Communications Corp.
FTR
| $15.4M | 0.03% |
216,478
-3,200
| -1% | -$228K |
|
633
CoStar Group
CSGP
$36.6B
| $15.4M | 0.03% |
889,000
-48,000
| -5% | -$831K |
|
634
Allegion
ALLE
$14.6B
| $15.4M | 0.03% |
266,700
+23,734
| +10% | +$1.37M |
|
635
Atmos Energy
ATO
$26.3B
| $15.4M | 0.03% |
264,300
+8,700
| +3% | +$506K |
|
|
WR
636
DELISTED
Westar Energy Inc
WR
| $15.4M | 0.03% |
399,900
+27,400
| +7% | +$1.05M |
|
|
LVNTA
637
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $15.4M | 0.03% |
380,600
-4,633
| -1% | -$187K |
|
638
Regency Centers
REG
$13.1B
| $15.3M | 0.03% |
246,094
+900
| +0.4% | +$55.9K |
|
|
HNT
639
DELISTED
HEALTH NET INC
HNT
| $15.2M | 0.03% |
253,200
-6,300
| -2% | -$379K |
|
640
Toll Brothers
TOL
$13.8B
| $15.2M | 0.03% |
444,300
+21,600
| +5% | +$740K |
|
|
HCBK
641
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $15.1M | 0.03% |
1,485,693
-65,700
| -4% | -$668K |
|
642
Packaging Corp of America
PKG
$19.2B
| $15.1M | 0.03% |
251,100
-16,653
| -6% | -$1M |
|
|
OA
643
DELISTED
Orbital ATK, Inc.
OA
| $15.1M | 0.03% |
210,133
-6,534
| -3% | -$470K |
|
|
LM
644
DELISTED
Legg Mason, Inc.
LM
| $15.1M | 0.03% |
361,690
-8,400
| -2% | -$350K |
|
645
CDW
CDW
$22.4B
| $15M | 0.03% |
368,100
-1,600
| -0.4% | -$65.4K |
|
646
Flowers Foods
FLO
$3.02B
| $15M | 0.03% |
606,669
+22,300
| +4% | +$552K |
|
647
Murphy Oil
MUR
$3.72B
| $15M | 0.03% |
618,398
+27,400
| +5% | +$663K |
|
648
NRG Energy
NRG
$31.2B
| $14.9M | 0.03% |
1,005,857
+53,800
| +6% | +$799K |
|
649
East-West Bancorp
EWBC
$14.9B
| $14.9M | 0.03% |
387,600
-15,198
| -4% | -$584K |
|
|
AIV
650
Aimco
AIV
$1.07B
| $14.9M | 0.03% |
3,018,283
| – | – |
|