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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Coty
COTY
$3.58B
| $14.3M | 0.02% |
1,240,272
-104,991
| -8% | -$1.21M |
|
652
Targa Resources
TRGP
$35.1B
| $14.2M | 0.02% |
341,747
-185,762
| -35% | -$7.72M |
|
653
PVH
PVH
$3.97B
| $14.2M | 0.02% |
116,283
-54,742
| -32% | -$6.68M |
|
654
Medical Properties Trust
MPW
$2.76B
| $14.1M | 0.02% |
760,301
-25,950
| -3% | -$480K |
|
655
West Pharmaceutical
WST
$18.6B
| $14.1M | 0.02% |
127,680
-5,041
| -4% | -$556K |
|
656
JetBlue
JBLU
$1.87B
| $14M | 0.02% |
854,654
-45,065
| -5% | -$737K |
|
|
AIV
657
Aimco
AIV
$1.07B
| $14M | 0.02% |
2,084,084
-137,375
| -6% | -$920K |
|
658
Macerich
MAC
$4.57B
| $13.9M | 0.02% |
320,875
+2,527
| +0.8% | +$110K |
|
659
Bio-Techne
TECH
$8.1B
| $13.9M | 0.02% |
279,404
-4,580
| -2% | -$227K |
|
660
Toll Brothers
TOL
$14B
| $13.8M | 0.02% |
382,514
-2,409
| -0.6% | -$87.2K |
|
661
Tyler Technologies
TYL
$23.7B
| $13.8M | 0.02% |
67,663
-3,298
| -5% | -$674K |
|
662
Starwood Property Trust
STWD
$7.65B
| $13.8M | 0.02% |
616,307
-94,584
| -13% | -$2.11M |
|
|
IDTI
663
DELISTED
Integrated Device Technology I
IDTI
| $13.6M | 0.02% |
277,292
-20,674
| -7% | -$1.01M |
|
664
LPL Financial
LPLA
$27.4B
| $13.5M | 0.02% |
194,079
+26,828
| +16% | +$1.87M |
|
665
Albemarle
ALB
$8.69B
| $13.5M | 0.02% |
164,340
-16,985
| -9% | -$1.39M |
|
|
PACW
666
DELISTED
PacWest Bancorp
PACW
| $13.5M | 0.02% |
358,105
-15,116
| -4% | -$568K |
|
667
HEICO Class A
HEI.A
$35.2B
| $13.5M | 0.02% |
160,070
-5,658
| -3% | -$476K |
|
668
Commerce Bancshares
CBSH
$8.02B
| $13.4M | 0.02% |
309,529
-31,658
| -9% | -$1.37M |
|
|
GWR
669
DELISTED
Genesee & Wyoming Inc.
GWR
| $13.4M | 0.02% |
153,503
+5,259
| +4% | +$458K |
|
670
Cognex
CGNX
$7.52B
| $13.3M | 0.02% |
260,515
-8,703
| -3% | -$443K |
|
671
Goodyear
GT
$2.42B
| $13.2M | 0.02% |
729,897
-30,347
| -4% | -$551K |
|
|
PRAH
672
DELISTED
PRA Health Sciences, Inc.
PRAH
| $13.2M | 0.02% |
120,101
-1,909
| -2% | -$211K |
|
|
HPP
673
Hudson Pacific Properties
HPP
$1.11B
| $13.2M | 0.02% |
382,972
+24,448
| +7% | +$842K |
|
|
HRC
674
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $13.1M | 0.02% |
124,206
-7,036
| -5% | -$745K |
|
675
Flowserve
FLS
$7.41B
| $13.1M | 0.02% |
290,318
-16,033
| -5% | -$724K |
|