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 | |
|---|---|---|---|---|---|---|
651
Avnet
AVT
$4.52B
| $13.1M | 0.02% |
363,621
-199,894
| -35% | -$7.22M |
|
652
Autoliv
ALV
$9.81B
| $13.1M | 0.02% |
186,497
-10,918
| -6% | -$767K |
|
653
West Pharmaceutical
WST
$19B
| $13M | 0.02% |
132,721
-9,395
| -7% | -$921K |
|
654
A.O. Smith
AOS
$10.4B
| $13M | 0.02% |
304,559
+4,699
| +2% | +$201K |
|
|
AIV
655
Aimco
AIV
$1.08B
| $13M | 0.02% |
2,221,459
-445,228
| -17% | -$2.6M |
|
656
Ryder
R
$7.73B
| $13M | 0.02% |
269,160
+122,346
| +83% | +$5.89M |
|
657
Bio-Rad Laboratories Class A
BIO
$7.74B
| $12.8M | 0.02% |
55,110
+1,649
| +3% | +$383K |
|
658
Wabtec
WAB
$32.8B
| $12.7M | 0.02% |
181,439
-26,552
| -13% | -$1.87M |
|
659
Toll Brothers
TOL
$14.2B
| $12.7M | 0.02% |
384,923
-29,826
| -7% | -$982K |
|
|
ARRS
660
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $12.7M | 0.02% |
414,088
-58,737
| -12% | -$1.8M |
|
661
Medical Properties Trust
MPW
$2.77B
| $12.6M | 0.02% |
786,251
-176,320
| -18% | -$2.84M |
|
662
Mohawk Industries
MHK
$8.68B
| $12.6M | 0.02% |
107,810
-19,417
| -15% | -$2.27M |
|
663
Acuity Brands
AYI
$10.4B
| $12.6M | 0.02% |
109,548
+5,163
| +5% | +$594K |
|
664
MDU Resources
MDU
$3.35B
| $12.6M | 0.02% |
1,389,058
-166,138
| -11% | -$1.51M |
|
|
SBNY
665
DELISTED
Signature Bank
SBNY
| $12.5M | 0.02% |
121,513
-2,523
| -2% | -$259K |
|
|
PACW
666
DELISTED
PacWest Bancorp
PACW
| $12.4M | 0.02% |
373,221
+26,810
| +8% | +$892K |
|
667
AptarGroup
ATR
$9.03B
| $12.4M | 0.02% |
131,670
-17,014
| -11% | -$1.6M |
|
668
Etsy
ETSY
$5.9B
| $12.4M | 0.02% |
260,358
-73,077
| -22% | -$3.48M |
|
669
Jefferies Financial Group
JEF
$13.9B
| $12.4M | 0.02% |
795,996
-11,885
| -1% | -$185K |
|
670
iShares TIPS Bond ETF
TIP
$14B
| $12.4M | 0.02% |
112,805
+80,729
| +252% | +$8.84M |
|
671
Take-Two Interactive
TTWO
$45.5B
| $12.3M | 0.02% |
119,274
+30,253
| +34% | +$3.11M |
|
672
AGCO
AGCO
$8.15B
| $12.3M | 0.02% |
220,345
-8,289
| -4% | -$461K |
|
673
Altice USA
ATUS
$1.13B
| $12.2M | 0.02% |
740,719
-26,791
| -3% | -$443K |
|
674
East-West Bancorp
EWBC
$15.1B
| $12.2M | 0.02% |
280,070
-14,600
| -5% | -$636K |
|
675
National Fuel Gas
NFG
$7.95B
| $12.1M | 0.02% |
236,569
-39,105
| -14% | -$2M |
|