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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Pool Corp
POOL
$12.3B
| $13.9M | 0.02% |
93,653
-5,894
| -6% | -$876K |
|
627
Coterra Energy
CTRA
$18.5B
| $13.9M | 0.02% |
622,502
-51,191
| -8% | -$1.14M |
|
628
Quanta Services
PWR
$58.7B
| $13.9M | 0.02% |
460,407
-27,596
| -6% | -$831K |
|
629
Axalta
AXTA
$6.88B
| $13.8M | 0.02% |
589,803
-9,452
| -2% | -$221K |
|
630
Xerox
XRX
$474M
| $13.8M | 0.02% |
698,513
-147,513
| -17% | -$2.91M |
|
|
FDC
631
DELISTED
First Data Corporation
FDC
| $13.8M | 0.02% |
815,667
-115,000
| -12% | -$1.94M |
|
632
Teradyne
TER
$18.3B
| $13.8M | 0.02% |
439,183
-59,987
| -12% | -$1.88M |
|
633
LKQ Corp
LKQ
$8.4B
| $13.8M | 0.02% |
580,651
-61,946
| -10% | -$1.47M |
|
634
Macerich
MAC
$4.61B
| $13.8M | 0.02% |
318,348
-5,712
| -2% | -$247K |
|
635
Sun Communities
SUI
$16.3B
| $13.8M | 0.02% |
135,190
+10,260
| +8% | +$1.04M |
|
636
Equity Lifestyle Properties
ELS
$11.9B
| $13.7M | 0.02% |
282,244
-23,920
| -8% | -$1.16M |
|
637
Sarepta Therapeutics
SRPT
$1.84B
| $13.7M | 0.02% |
125,176
-4,762
| -4% | -$520K |
|
638
Encompass Health
EHC
$12.7B
| $13.6M | 0.02% |
278,018
-49,209
| -15% | -$2.42M |
|
639
Liberty Global Class A
LBTYA
$4.01B
| $13.6M | 0.02% |
639,260
-81,231
| -11% | -$1.73M |
|
640
Williams-Sonoma
WSM
$24.9B
| $13.6M | 0.02% |
540,440
-2,394
| -0.4% | -$60.4K |
|
641
ON Semiconductor
ON
$19.9B
| $13.6M | 0.02% |
824,832
-230,862
| -22% | -$3.81M |
|
642
Trimble
TRMB
$19.8B
| $13.5M | 0.02% |
411,696
-59,930
| -13% | -$1.97M |
|
643
Leggett & Platt
LEG
$1.35B
| $13.5M | 0.02% |
377,407
-24,841
| -6% | -$890K |
|
644
Nektar Therapeutics
NKTR
$882M
| $13.5M | 0.02% |
27,397
+3,664
| +15% | +$1.81M |
|
645
Alnylam Pharmaceuticals
ALNY
$61.4B
| $13.5M | 0.02% |
184,959
+2,424
| +1% | +$177K |
|
646
WEX
WEX
$6.03B
| $13.4M | 0.02% |
95,791
+18,164
| +23% | +$2.54M |
|
647
Plains GP Holdings
PAGP
$3.68B
| $13.4M | 0.02% |
665,445
+222,566
| +50% | +$4.47M |
|
648
Omega Healthcare
OHI
$12.5B
| $13.3M | 0.02% |
379,112
-84,373
| -18% | -$2.97M |
|
649
Fluor
FLR
$6.65B
| $13.2M | 0.02% |
409,517
-6,817
| -2% | -$220K |
|
650
Tyler Technologies
TYL
$23.9B
| $13.2M | 0.02% |
70,961
-4,239
| -6% | -$788K |
|