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 |
Fortive
FTV
|
$29.3M |
| 2 |
Johnson Controls International
JCI
|
$24.2M |
| 3 |
Procter & Gamble
PG
|
$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 5 |
Dell
DELL
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
JPMorgan Chase
JPM
|
$51M |
| 5 |
Comcast
CMCSA
|
$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
OKS
626
DELISTED
Oneok Partners LP
OKS
| $15.6M | 0.03% |
389,900
-17,100
| -4% | -$683K |
|
627
Jazz Pharmaceuticals
JAZZ
$7.86B
| $15.6M | 0.03% |
128,200
-17,000
| -12% | -$2.07M |
|
628
Lennar Class A
LEN
$36.7B
| $15.6M | 0.03% |
386,396
-24,899
| -6% | -$1M |
|
629
Equity Lifestyle Properties
ELS
$12B
| $15.6M | 0.03% |
403,052
-19,600
| -5% | -$756K |
|
630
IQVIA
IQV
$31.9B
| $15.5M | 0.03% |
191,600
-12,400
| -6% | -$1.01M |
|
631
Avnet
AVT
$4.49B
| $15.5M | 0.03% |
378,000
-21,800
| -5% | -$895K |
|
632
Allegion
ALLE
$14.7B
| $15.5M | 0.03% |
224,600
-14,100
| -6% | -$972K |
|
633
Steris
STE
$24.2B
| $15.4M | 0.03% |
211,082
-20,200
| -9% | -$1.48M |
|
634
Sonoco
SON
$4.56B
| $15.4M | 0.03% |
291,850
-6,100
| -2% | -$322K |
|
635
Olin
OLN
$2.9B
| $15.4M | 0.03% |
748,708
-60,400
| -7% | -$1.24M |
|
|
MBLY
636
DELISTED
Mobileye N.V.
MBLY
| $15.3M | 0.03% |
360,496
-24,700
| -6% | -$1.05M |
|
637
Quanta Services
PWR
$55.5B
| $15.3M | 0.03% |
545,900
+6,200
| +1% | +$174K |
|
638
Pultegroup
PHM
$27.7B
| $15.3M | 0.03% |
762,200
-49,900
| -6% | -$1M |
|
639
United Therapeutics
UTHR
$18.1B
| $15.2M | 0.02% |
128,300
-8,200
| -6% | -$968K |
|
640
Robert Half
RHI
$3.77B
| $15.1M | 0.02% |
399,872
-12,500
| -3% | -$473K |
|
641
Manhattan Associates
MANH
$13B
| $15.1M | 0.02% |
262,100
-29,800
| -10% | -$1.72M |
|
642
Toro Company
TTC
$7.99B
| $15M | 0.02% |
319,400
-17,600
| -5% | -$824K |
|
643
Assured Guaranty
AGO
$3.91B
| $14.9M | 0.02% |
538,392
-13,600
| -2% | -$377K |
|
|
SRC
644
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $14.9M | 0.02% |
249,079
-736
| -0.3% | -$44K |
|
|
IM
645
DELISTED
Ingram Micro
IM
| $14.9M | 0.02% |
417,533
-51,100
| -11% | -$1.82M |
|
646
Commerce Bancshares
CBSH
$8.08B
| $14.8M | 0.02% |
466,388
-22,960
| -5% | -$729K |
|
647
Steel Dynamics
STLD
$19.8B
| $14.8M | 0.02% |
592,400
-16,400
| -3% | -$410K |
|
|
BMS
648
DELISTED
Bemis
BMS
| $14.8M | 0.02% |
290,140
-10,200
| -3% | -$520K |
|
|
DNR
649
DELISTED
Denbury Resources, Inc.
DNR
| $14.8M | 0.02% |
4,574,498
-125,600
| -3% | -$406K |
|
650
West Pharmaceutical
WST
$18B
| $14.7M | 0.02% |
197,900
-4,700
| -2% | -$350K |
|