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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Crown Holdings
CCK
$11B
| $18.1M | 0.02% |
377,030
-97,682
| -21% | -$4.69M |
|
627
Pediatrix Medical
MD
$1.44B
| $18M | 0.02% |
384,780
-29,795
| -7% | -$1.39M |
|
628
Cboe Global Markets
CBOE
$24.5B
| $17.9M | 0.02% |
186,844
-23,353
| -11% | -$2.24M |
|
629
Macerich
MAC
$4.53B
| $17.9M | 0.02% |
324,060
-12,678
| -4% | -$701K |
|
|
WPX
630
DELISTED
WPX Energy, Inc.
WPX
| $17.9M | 0.02% |
888,746
+63,756
| +8% | +$1.28M |
|
631
Williams-Sonoma
WSM
$24.7B
| $17.8M | 0.02% |
542,834
-20,800
| -4% | -$684K |
|
|
DISH
632
DELISTED
DISH Network Corp.
DISH
| $17.8M | 0.02% |
497,880
-77,705
| -14% | -$2.78M |
|
633
East-West Bancorp
EWBC
$14.9B
| $17.8M | 0.02% |
294,670
-20,880
| -7% | -$1.26M |
|
634
Chemed
CHE
$6.57B
| $17.7M | 0.02% |
55,483
-1,484
| -3% | -$474K |
|
635
OGE Energy
OGE
$8.85B
| $17.7M | 0.02% |
486,777
-39,837
| -8% | -$1.45M |
|
636
Brown & Brown
BRO
$30.5B
| $17.7M | 0.02% |
597,573
+28,456
| +5% | +$841K |
|
637
Hanover Insurance
THG
$6.37B
| $17.7M | 0.02% |
143,156
+6,749
| +5% | +$833K |
|
638
Leggett & Platt
LEG
$1.35B
| $17.6M | 0.02% |
402,248
-40,429
| -9% | -$1.77M |
|
639
Vistra
VST
$70.9B
| $17.6M | 0.02% |
706,991
+49,631
| +8% | +$1.23M |
|
640
West Pharmaceutical
WST
$18.4B
| $17.5M | 0.02% |
142,116
-175
| -0.1% | -$21.6K |
|
641
Dentsply Sirona
XRAY
$2.73B
| $17.5M | 0.02% |
464,657
+22,196
| +5% | +$838K |
|
642
Ares Capital
ARCC
$15.8B
| $17.5M | 0.02% |
1,017,113
+76,300
| +8% | +$1.31M |
|
643
Axalta
AXTA
$6.7B
| $17.5M | 0.02% |
599,255
+103,001
| +21% | +$3M |
|
644
Bath & Body Works
BBWI
$5.81B
| $17.5M | 0.02% |
712,705
+33,731
| +5% | +$826K |
|
645
Factset
FDS
$13.7B
| $17.4M | 0.02% |
77,990
+4,292
| +6% | +$960K |
|
646
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$30.7B
| $17.4M | 0.02% |
151,310
+18,466
| +14% | +$2.12M |
|
647
Molina Healthcare
MOH
$9.71B
| $17.3M | 0.02% |
116,124
+29,982
| +35% | +$4.46M |
|
648
iShares Core MSCI Emerging Markets ETF
IEMG
$105B
| $17.3M | 0.02% |
333,288
+948
| +0.3% | +$49.1K |
|
649
Etsy
ETSY
$5.73B
| $17.1M | 0.02% |
333,435
-7,492
| -2% | -$385K |
|
650
Autoliv
ALV
$9.63B
| $17.1M | 0.02% |
197,415
-86,870
| -31% | -$7.53M |
|