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 | |
|---|---|---|---|---|---|---|
676
Pediatrix Medical
MD
$1.48B
| $12.1M | 0.02% |
366,418
-18,362
| -5% | -$606K |
|
677
Jabil
JBL
$23B
| $12M | 0.02% |
484,710
-98,917
| -17% | -$2.45M |
|
678
Trip.com Group
TCOM
$48.9B
| $12M | 0.02% |
442,643
-82,091
| -16% | -$2.22M |
|
679
EPAM Systems
EPAM
$8.79B
| $11.9M | 0.02% |
102,601
-5,920
| -5% | -$687K |
|
680
Neurocrine Biosciences
NBIX
$14.2B
| $11.9M | 0.02% |
166,676
-12,400
| -7% | -$885K |
|
681
Grand Canyon Education
LOPE
$5.88B
| $11.9M | 0.02% |
123,513
-6,281
| -5% | -$604K |
|
682
Toro Company
TTC
$7.82B
| $11.9M | 0.02% |
212,421
-14,862
| -7% | -$830K |
|
683
Old Republic International
ORI
$10.1B
| $11.8M | 0.02% |
575,557
-80,962
| -12% | -$1.67M |
|
684
Lazard
LAZ
$5.35B
| $11.8M | 0.02% |
319,730
-5,385
| -2% | -$199K |
|
685
Trex
TREX
$6.68B
| $11.7M | 0.02% |
395,090
-23,624
| -6% | -$701K |
|
686
Flowserve
FLS
$7.41B
| $11.6M | 0.02% |
306,351
-25,254
| -8% | -$960K |
|
687
Molina Healthcare
MOH
$10.2B
| $11.6M | 0.02% |
100,132
-15,992
| -14% | -$1.86M |
|
|
HRC
688
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $11.6M | 0.02% |
131,242
-28,390
| -18% | -$2.51M |
|
689
Urban Outfitters
URBN
$6.43B
| $11.5M | 0.02% |
345,409
+1,259
| +0.4% | +$41.8K |
|
690
Gaming and Leisure Properties
GLPI
$13.7B
| $11.4M | 0.02% |
353,763
-36,225
| -9% | -$1.17M |
|
691
Exact Sciences
EXAS
$10.6B
| $11.4M | 0.02% |
180,882
+5,382
| +3% | +$340K |
|
692
Gentex
GNTX
$6.24B
| $11.4M | 0.02% |
564,581
-29,627
| -5% | -$599K |
|
693
Nordson
NDSN
$12.8B
| $11.4M | 0.02% |
95,330
-3,626
| -4% | -$433K |
|
694
RingCentral
RNG
$2.83B
| $11.4M | 0.02% |
137,986
-23,452
| -15% | -$1.93M |
|
695
SEI Investments
SEIC
$10.9B
| $11.4M | 0.02% |
245,826
-15,214
| -6% | -$703K |
|
696
Kilroy Realty
KRC
$5.08B
| $11.3M | 0.02% |
179,896
+13,763
| +8% | +$865K |
|
697
W.P. Carey
WPC
$15B
| $11.3M | 0.02% |
176,375
-45,437
| -20% | -$2.91M |
|
698
TAL Education Group
TAL
$6.54B
| $11.3M | 0.02% |
421,957
-53,199
| -11% | -$1.42M |
|
699
LivaNova
LIVN
$3.13B
| $11.2M | 0.02% |
122,763
-7,610
| -6% | -$696K |
|
|
PRAH
700
DELISTED
PRA Health Sciences, Inc.
PRAH
| $11.2M | 0.02% |
122,010
+892
| +0.7% | +$82K |
|