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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Chemed
CHE
$6.57B
| $17.6M | 0.02% |
40,093
+607
| +2% | +$267K |
|
652
Gentex
GNTX
$6.15B
| $17.6M | 0.02% |
607,645
-9,135
| -1% | -$265K |
|
|
PBCT
653
DELISTED
People's United Financial Inc
PBCT
| $17.5M | 0.02% |
1,035,449
-1,993,851
| -66% | -$33.7M |
|
654
Euronet Worldwide
EEFT
$3.57B
| $17.5M | 0.02% |
110,875
+6,086
| +6% | +$959K |
|
655
AptarGroup
ATR
$8.98B
| $17.4M | 0.02% |
150,779
+5,379
| +4% | +$622K |
|
656
Franklin Resources
BEN
$12.6B
| $17.4M | 0.02% |
670,970
-73,629
| -10% | -$1.91M |
|
657
Steel Dynamics
STLD
$19.5B
| $17.4M | 0.02% |
511,281
-109,946
| -18% | -$3.74M |
|
658
Genpact
G
$7.49B
| $17.4M | 0.02% |
412,479
+17,481
| +4% | +$737K |
|
|
HRC
659
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $17.4M | 0.02% |
153,068
+2,209
| +1% | +$251K |
|
660
Rexford Industrial Realty
REXR
$10.1B
| $17.3M | 0.02% |
379,353
+132,193
| +53% | +$6.04M |
|
661
Donaldson
DCI
$9.34B
| $17.3M | 0.02% |
300,664
+18,299
| +6% | +$1.05M |
|
662
Repligen
RGEN
$6.76B
| $17.3M | 0.02% |
186,894
+73,221
| +64% | +$6.77M |
|
663
Pentair
PNR
$17.9B
| $17.2M | 0.02% |
375,814
+51,983
| +16% | +$2.38M |
|
664
Coterra Energy
CTRA
$18.6B
| $17.2M | 0.02% |
989,754
-64,566
| -6% | -$1.12M |
|
665
The Mosaic Company
MOS
$10.6B
| $17M | 0.02% |
787,490
-57,576
| -7% | -$1.25M |
|
666
A.O. Smith
AOS
$10.2B
| $17M | 0.02% |
357,207
+48,110
| +16% | +$2.29M |
|
667
Douglas Emmett
DEI
$2.75B
| $16.9M | 0.02% |
385,978
+21,300
| +6% | +$935K |
|
668
PTC
PTC
$24.5B
| $16.8M | 0.02% |
224,910
+23,500
| +12% | +$1.76M |
|
|
ATH
669
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $16.8M | 0.02% |
357,809
-290,339
| -45% | -$13.7M |
|
670
Five Below
FIVE
$8.05B
| $16.8M | 0.02% |
131,425
+16,107
| +14% | +$2.06M |
|
671
Planet Fitness
PLNT
$8.52B
| $16.8M | 0.02% |
225,012
+31,366
| +16% | +$2.34M |
|
672
Commerce Bancshares
CBSH
$8B
| $16.8M | 0.02% |
315,259
+42
| +0% | +$2.24K |
|
|
WPX
673
DELISTED
WPX Energy, Inc.
WPX
| $16.7M | 0.02% |
1,217,840
+436,815
| +56% | +$6M |
|
674
East-West Bancorp
EWBC
$14.9B
| $16.6M | 0.02% |
341,577
+28,940
| +9% | +$1.41M |
|
|
AIV
675
Aimco
AIV
$1.07B
| $16.5M | 0.02% |
2,403,746
-112,332
| -4% | -$773K |
|