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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Melco Resorts & Entertainment
MLCO
$3.8B
| $16.5M | 0.02% |
590,638
-124,042
| -17% | -$3.47M |
|
652
Commerce Bancshares
CBSH
$8B
| $16.5M | 0.02% |
359,136
-45,667
| -11% | -$2.1M |
|
653
Lazard
LAZ
$5.25B
| $16.5M | 0.02% |
337,228
+64,674
| +24% | +$3.16M |
|
654
Tyler Technologies
TYL
$23.6B
| $16.5M | 0.02% |
74,120
-9,068
| -11% | -$2.01M |
|
655
Starwood Property Trust
STWD
$7.6B
| $16.4M | 0.02% |
756,829
+17,462
| +2% | +$379K |
|
656
MDU Resources
MDU
$3.36B
| $16.4M | 0.02% |
1,506,556
+115,776
| +8% | +$1.26M |
|
657
Hanover Insurance
THG
$6.37B
| $16.3M | 0.02% |
136,407
-4,890
| -3% | -$585K |
|
658
MarketAxess Holdings
MKTX
$6.9B
| $16.2M | 0.02% |
82,060
-5,913
| -7% | -$1.17M |
|
659
Omega Healthcare
OHI
$12.6B
| $16.2M | 0.02% |
523,467
+50,487
| +11% | +$1.57M |
|
660
Sensata Technologies
ST
$4.59B
| $16.2M | 0.02% |
340,645
-36,529
| -10% | -$1.74M |
|
661
AptarGroup
ATR
$8.98B
| $16.2M | 0.02% |
173,317
+3,185
| +2% | +$297K |
|
662
Neurocrine Biosciences
NBIX
$14B
| $16.2M | 0.02% |
164,726
-23,398
| -12% | -$2.3M |
|
663
Sonoco
SON
$4.54B
| $16.2M | 0.02% |
308,124
+23,314
| +8% | +$1.22M |
|
664
Toll Brothers
TOL
$13.8B
| $16.2M | 0.02% |
437,123
+44,698
| +11% | +$1.65M |
|
|
NBIS
665
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.3B
| $16.1M | 0.02% |
449,198
-60,758
| -12% | -$2.18M |
|
666
Janus Henderson
JHG
$6.96B
| $16M | 0.02% |
522,110
-48,690
| -9% | -$1.5M |
|
|
WBC
667
DELISTED
WABCO HOLDINGS INC.
WBC
| $16M | 0.02% |
137,093
-18,295
| -12% | -$2.14M |
|
668
Brunswick
BC
$4.23B
| $15.9M | 0.02% |
247,007
+26,033
| +12% | +$1.68M |
|
|
NFX
669
DELISTED
Newfield Exploration
NFX
| $15.9M | 0.02% |
525,372
+21,177
| +4% | +$641K |
|
|
WPZ
670
DELISTED
Williams Partners L.P.
WPZ
| $15.9M | 0.02% |
391,287
-23,513
| -6% | -$954K |
|
671
Gaming and Leisure Properties
GLPI
$13.6B
| $15.9M | 0.02% |
443,596
-77,441
| -15% | -$2.77M |
|
672
Carter's
CRI
$1.04B
| $15.8M | 0.02% |
145,617
+5,694
| +4% | +$617K |
|
673
Brown & Brown
BRO
$30.5B
| $15.8M | 0.02% |
569,117
-82,511
| -13% | -$2.29M |
|
674
TAL Education Group
TAL
$6.37B
| $15.7M | 0.02% |
426,371
-30,006
| -7% | -$1.1M |
|
675
Allegion
ALLE
$14.6B
| $15.6M | 0.02% |
202,144
-12,477
| -6% | -$965K |
|