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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIV
626
Aimco
AIV
$1.07B
| $11.8M | 0.01% |
2,512,640
+108,894
| +5% | +$510K |
|
627
Watsco
WSO
$15.8B
| $11.7M | 0.01% |
74,043
-3,127
| -4% | -$494K |
|
628
A.O. Smith
AOS
$10.2B
| $11.7M | 0.01% |
309,394
-47,813
| -13% | -$1.81M |
|
629
CubeSmart
CUBE
$9.29B
| $11.7M | 0.01% |
435,118
+24,700
| +6% | +$662K |
|
|
DISH
630
DELISTED
DISH Network Corp.
DISH
| $11.6M | 0.01% |
582,026
-8,155
| -1% | -$163K |
|
631
ON Semiconductor
ON
$19.7B
| $11.6M | 0.01% |
933,834
-89,904
| -9% | -$1.12M |
|
632
BorgWarner
BWA
$9.34B
| $11.6M | 0.01% |
540,087
+16,048
| +3% | +$344K |
|
633
Exelixis
EXEL
$10.1B
| $11.6M | 0.01% |
670,914
-44,156
| -6% | -$760K |
|
634
Commerce Bancshares
CBSH
$8B
| $11.5M | 0.01% |
292,752
-22,507
| -7% | -$888K |
|
635
Healthcare Realty
HR
$6.44B
| $11.5M | 0.01% |
474,910
+33,200
| +8% | +$806K |
|
636
Lear
LEA
$5.76B
| $11.5M | 0.01% |
141,134
-8,261
| -6% | -$671K |
|
637
Douglas Emmett
DEI
$2.75B
| $11.4M | 0.01% |
374,178
-11,800
| -3% | -$360K |
|
638
Aramark
ARMK
$10B
| $11.4M | 0.01% |
789,264
+20,578
| +3% | +$297K |
|
639
Repligen
RGEN
$6.76B
| $11.3M | 0.01% |
117,332
-69,562
| -37% | -$6.72M |
|
640
Haemonetics
HAE
$2.59B
| $11.3M | 0.01% |
113,377
-7,031
| -6% | -$701K |
|
641
Newell Brands
NWL
$2.54B
| $11.3M | 0.01% |
849,911
-218,500
| -20% | -$2.9M |
|
642
Pentair
PNR
$17.9B
| $11.2M | 0.01% |
377,786
+1,972
| +0.5% | +$58.7K |
|
643
HEICO Class A
HEI.A
$35B
| $11.2M | 0.01% |
175,627
-6,800
| -4% | -$435K |
|
|
WUBA
644
DELISTED
58.COM INC
WUBA
| $11.2M | 0.01% |
229,734
+2,765
| +1% | +$135K |
|
645
HubSpot
HUBS
$25.8B
| $11.2M | 0.01% |
83,884
-18,735
| -18% | -$2.5M |
|
|
S
646
DELISTED
Sprint Corporation
S
| $11.2M | 0.01% |
1,293,719
-17,852
| -1% | -$154K |
|
647
American Airlines Group
AAL
$8.46B
| $11M | 0.01% |
906,138
-50,343
| -5% | -$614K |
|
|
PBCT
648
DELISTED
People's United Financial Inc
PBCT
| $11M | 0.01% |
994,049
-41,400
| -4% | -$457K |
|
649
Donaldson
DCI
$9.34B
| $11M | 0.01% |
283,660
-17,004
| -6% | -$657K |
|
650
Casey's General Stores
CASY
$20B
| $10.9M | 0.01% |
82,495
-4,171
| -5% | -$553K |
|