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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Ares Capital
ARCC
$15.8B
| $13M | 0.02% |
726,613
-4,900
| -0.7% | -$87.9K |
|
652
Arrow Electronics
ARW
$6.66B
| $13M | 0.02% |
182,670
-69,520
| -28% | -$4.95M |
|
653
Middleby
MIDD
$7.03B
| $13M | 0.02% |
95,831
+13,206
| +16% | +$1.79M |
|
654
Acuity Brands
AYI
$10.4B
| $13M | 0.02% |
94,194
-11,067
| -11% | -$1.53M |
|
655
Omega Healthcare
OHI
$12.5B
| $13M | 0.02% |
352,521
+13,098
| +4% | +$481K |
|
656
Aramark
ARMK
$10.2B
| $12.9M | 0.02% |
497,121
-30,165
| -6% | -$785K |
|
657
SEI Investments
SEIC
$10.9B
| $12.9M | 0.02% |
230,369
-1,746
| -0.8% | -$98K |
|
658
HF Sinclair
DINO
$9.68B
| $12.9M | 0.02% |
278,956
-117,596
| -30% | -$5.44M |
|
|
DNKN
659
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $12.8M | 0.02% |
161,202
-2,772
| -2% | -$221K |
|
|
HRC
660
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $12.8M | 0.02% |
122,222
-1,984
| -2% | -$208K |
|
661
Flowserve
FLS
$7.41B
| $12.8M | 0.02% |
242,650
-47,668
| -16% | -$2.51M |
|
662
Liberty Global Class A
LBTYA
$4.07B
| $12.8M | 0.02% |
472,697
-151,588
| -24% | -$4.09M |
|
663
AXIS Capital
AXS
$7.76B
| $12.7M | 0.02% |
213,444
-48,569
| -19% | -$2.9M |
|
664
Trade Desk
TTD
$22.1B
| $12.7M | 0.02% |
557,660
+46,420
| +9% | +$1.06M |
|
665
Jazz Pharmaceuticals
JAZZ
$7.79B
| $12.7M | 0.02% |
88,965
-19,532
| -18% | -$2.78M |
|
|
BPL
666
DELISTED
Buckeye Partners, L.P.
BPL
| $12.6M | 0.01% |
305,749
-57,800
| -16% | -$2.37M |
|
667
EPR Properties
EPR
$4.31B
| $12.5M | 0.01% |
168,101
+11,354
| +7% | +$847K |
|
668
Ryder
R
$7.73B
| $12.5M | 0.01% |
214,962
-36,131
| -14% | -$2.11M |
|
669
Tyler Technologies
TYL
$24B
| $12.5M | 0.01% |
57,973
-9,690
| -14% | -$2.09M |
|
670
Targa Resources
TRGP
$35.6B
| $12.5M | 0.01% |
318,039
-23,708
| -7% | -$931K |
|
671
Brixmor Property Group
BRX
$8.6B
| $12.5M | 0.01% |
698,068
+120,972
| +21% | +$2.16M |
|
672
AGCO
AGCO
$8.15B
| $12.5M | 0.01% |
160,577
-51,059
| -24% | -$3.96M |
|
673
Masimo
MASI
$7.94B
| $12.5M | 0.01% |
83,667
+6,549
| +8% | +$975K |
|
674
Starwood Property Trust
STWD
$7.56B
| $12.4M | 0.01% |
545,291
-71,016
| -12% | -$1.61M |
|
|
ARRY
675
DELISTED
Array Biopharma Inc
ARRY
| $12.3M | 0.01% |
266,400
-17,180
| -6% | -$796K |
|