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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Fair Isaac
FICO
$36.7B
| $16.9M | 0.02% |
99,993
-4,060
| -4% | -$688K |
|
652
Synovus
SNV
$7.13B
| $16.9M | 0.02% |
339,120
-2,871
| -0.8% | -$143K |
|
653
TAL Education Group
TAL
$6.37B
| $16.9M | 0.02% |
456,377
-198,072
| -30% | -$7.35M |
|
654
Toro Company
TTC
$7.68B
| $16.9M | 0.02% |
270,934
-36,614
| -12% | -$2.29M |
|
655
Hanesbrands
HBI
$2.21B
| $16.9M | 0.02% |
918,268
+49,225
| +6% | +$907K |
|
656
Chemours
CC
$2.44B
| $16.9M | 0.02% |
346,200
-54,585
| -14% | -$2.66M |
|
657
Quanta Services
PWR
$58.1B
| $16.9M | 0.02% |
490,910
+13,306
| +3% | +$457K |
|
658
Pinnacle Financial Partners
PNFP
$7.58B
| $16.8M | 0.02% |
262,415
-11,799
| -4% | -$757K |
|
659
Polaris
PII
$3.29B
| $16.8M | 0.02% |
146,519
+1,133
| +0.8% | +$130K |
|
660
Veeva Systems
VEEV
$45B
| $16.8M | 0.02% |
229,487
-706
| -0.3% | -$51.6K |
|
|
GRUB
661
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $16.7M | 0.02% |
82,515
-4,347
| -5% | -$882K |
|
662
Southern Copper
SCCO
$82.9B
| $16.7M | 0.02% |
322,935
-206,463
| -39% | -$10.7M |
|
663
Hanover Insurance
THG
$6.37B
| $16.7M | 0.02% |
141,297
+6,869
| +5% | +$810K |
|
664
Factset
FDS
$13.7B
| $16.6M | 0.02% |
83,475
-3,162
| -4% | -$631K |
|
665
Brown & Brown
BRO
$30.5B
| $16.6M | 0.02% |
651,628
-16,252
| -2% | -$413K |
|
666
NiSource
NI
$19.2B
| $16.5M | 0.02% |
691,459
-22,572
| -3% | -$540K |
|
667
Equity Lifestyle Properties
ELS
$11.7B
| $16.5M | 0.02% |
374,926
-32,004
| -8% | -$1.4M |
|
668
Allison Transmission
ALSN
$7.41B
| $16.4M | 0.02% |
419,825
+22,036
| +6% | +$861K |
|
669
Avis
CAR
$5.48B
| $16.2M | 0.02% |
345,680
-74,021
| -18% | -$3.47M |
|
|
CLR
670
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $16.1M | 0.02% |
272,968
-30,159
| -10% | -$1.78M |
|
671
Teledyne Technologies
TDY
$25.6B
| $16.1M | 0.02% |
85,754
-2,785
| -3% | -$521K |
|
|
MBT
672
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $16M | 0.02% |
1,405,246
-273,224
| -16% | -$3.11M |
|
673
Herbalife
HLF
$958M
| $16M | 0.02% |
328,206
-238,856
| -42% | -$11.6M |
|
|
WR
674
DELISTED
Westar Energy Inc
WR
| $16M | 0.02% |
303,689
-49,619
| -14% | -$2.61M |
|
675
Teradata
TDC
$1.99B
| $16M | 0.02% |
402,346
+18,709
| +5% | +$742K |
|