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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Lincoln Electric
LECO
$13.2B
| $14.3M | 0.01% |
116,199
-6,826
| -6% | -$842K |
|
652
Liberty Broadband Class A
LBRDA
$8.6B
| $14.3M | 0.01% |
126,074
-9,413
| -7% | -$1.07M |
|
653
Jabil
JBL
$22.4B
| $14.2M | 0.01% |
277,384
-16,162
| -6% | -$828K |
|
654
Dentsply Sirona
XRAY
$2.82B
| $14.2M | 0.01% |
397,001
-11,480
| -3% | -$410K |
|
655
Cullen/Frost Bankers
CFR
$8.36B
| $14.2M | 0.01% |
121,694
-2,902
| -2% | -$338K |
|
|
BERY
656
DELISTED
Berry Global Group, Inc.
BERY
| $14.2M | 0.01% |
282,305
-20,160
| -7% | -$1.01M |
|
657
Casey's General Stores
CASY
$19.1B
| $14.2M | 0.01% |
76,523
-4,734
| -6% | -$876K |
|
658
RenaissanceRe
RNR
$11.3B
| $14.1M | 0.01% |
90,357
-7,044
| -7% | -$1.1M |
|
659
DXC Technology
DXC
$2.63B
| $14.1M | 0.01% |
465,477
-36,278
| -7% | -$1.1M |
|
660
AptarGroup
ATR
$9.07B
| $14.1M | 0.01% |
136,222
-5,263
| -4% | -$543K |
|
661
Pentair
PNR
$17.9B
| $14.1M | 0.01% |
307,091
-15,954
| -5% | -$730K |
|
662
Paylocity
PCTY
$9.56B
| $14M | 0.01% |
80,034
-1,617
| -2% | -$282K |
|
663
Cognex
CGNX
$7.43B
| $13.9M | 0.01% |
327,085
-18,560
| -5% | -$789K |
|
|
SYNH
664
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $13.9M | 0.01% |
193,430
-8,509
| -4% | -$610K |
|
665
Newell Brands
NWL
$2.63B
| $13.8M | 0.01% |
726,434
-41,704
| -5% | -$794K |
|
|
DOC
666
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $13.8M | 0.01% |
789,902
+346,158
| +78% | +$6.04M |
|
667
Globant
GLOB
$2.69B
| $13.8M | 0.01% |
79,173
-5,822
| -7% | -$1.01M |
|
668
Performance Food Group
PFGC
$16.2B
| $13.7M | 0.01% |
298,248
-6,489
| -2% | -$298K |
|
669
Littelfuse
LFUS
$6.46B
| $13.7M | 0.01% |
53,953
| – | – |
|
670
Pure Storage
PSTG
$26B
| $13.7M | 0.01% |
532,580
-8,575
| -2% | -$220K |
|
671
Nexstar Media Group
NXST
$6.32B
| $13.6M | 0.01% |
83,756
-5,006
| -6% | -$815K |
|
672
Lennox International
LII
$19.7B
| $13.6M | 0.01% |
65,965
-4,015
| -6% | -$829K |
|
673
Universal Health Services
UHS
$11.7B
| $13.6M | 0.01% |
135,283
-9,541
| -7% | -$961K |
|
674
HF Sinclair
DINO
$9.85B
| $13.5M | 0.01% |
299,918
-16,731
| -5% | -$756K |
|
675
EastGroup Properties
EGP
$8.82B
| $13.5M | 0.01% |
87,323
+64
| +0.1% | +$9.88K |
|