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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Mohawk Industries
MHK
$8.41B
| $19.2M | 0.02% |
140,717
+15,314
| +12% | +$2.09M |
|
627
XPO
XPO
$15.3B
| $19.2M | 0.02% |
695,389
+202,247
| +41% | +$5.57M |
|
628
Sensata Technologies
ST
$4.59B
| $19.1M | 0.02% |
355,445
-23,958
| -6% | -$1.29M |
|
629
Kohl's
KSS
$1.8B
| $19.1M | 0.02% |
375,430
-31,183
| -8% | -$1.59M |
|
630
Hubbell
HUBB
$23.5B
| $19.1M | 0.02% |
129,367
-14,471
| -10% | -$2.14M |
|
|
TCF
631
DELISTED
TCF Financial Corporation Common Stock
TCF
| $19.1M | 0.02% |
407,833
+2,299
| +0.6% | +$108K |
|
632
PVH
PVH
$3.93B
| $19.1M | 0.02% |
181,193
-496
| -0.3% | -$52.2K |
|
633
Americold
COLD
$3.76B
| $19M | 0.02% |
542,421
+162,367
| +43% | +$5.69M |
|
634
Royal Gold
RGLD
$12.3B
| $19M | 0.02% |
155,300
+4,525
| +3% | +$553K |
|
635
Ares Capital
ARCC
$15.8B
| $19M | 0.02% |
1,016,200
-26,513
| -3% | -$494K |
|
|
CTLT
636
DELISTED
CATALENT, INC.
CTLT
| $18.7M | 0.02% |
332,383
+38,495
| +13% | +$2.17M |
|
637
Dell
DELL
$84.2B
| $18.6M | 0.02% |
714,301
+89,191
| +14% | +$2.32M |
|
638
LPL Financial
LPLA
$27.4B
| $18.6M | 0.02% |
201,363
-51,802
| -20% | -$4.78M |
|
|
STOR
639
DELISTED
STORE Capital Corporation
STOR
| $18.5M | 0.02% |
497,027
-8,601
| -2% | -$320K |
|
640
Bio-Rad Laboratories Class A
BIO
$7.49B
| $18.5M | 0.02% |
50,005
+4,845
| +11% | +$1.79M |
|
|
HZNP
641
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $18.3M | 0.02% |
505,935
+118,413
| +31% | +$4.29M |
|
642
Ionis Pharmaceuticals
IONS
$10.2B
| $18.3M | 0.02% |
302,653
+11,282
| +4% | +$682K |
|
|
CZR
643
DELISTED
Caesars Entertainment Corporation
CZR
| $18.2M | 0.02% |
1,339,873
+39,095
| +3% | +$532K |
|
|
MDCO
644
DELISTED
Medicines Co
MDCO
| $18.2M | 0.02% |
214,489
+82,174
| +62% | +$6.98M |
|
645
Spirit AeroSystems
SPR
$4.76B
| $18.2M | 0.02% |
249,225
-29,780
| -11% | -$2.17M |
|
646
AerCap
AER
$21.7B
| $17.9M | 0.02% |
291,521
-41,502
| -12% | -$2.55M |
|
647
Lamar Advertising Co
LAMR
$12.8B
| $17.9M | 0.02% |
200,632
-40,534
| -17% | -$3.62M |
|
648
Cable One
CABO
$893M
| $17.8M | 0.02% |
11,973
-478
| -4% | -$711K |
|
649
Robert Half
RHI
$3.56B
| $17.8M | 0.02% |
281,450
-64,165
| -19% | -$4.05M |
|
650
Masimo
MASI
$7.92B
| $17.7M | 0.02% |
111,888
-4,186
| -4% | -$662K |
|