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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Flowserve
FLS
$7.35B
| $15.1M | 0.02% |
323,628
+80,978
| +33% | +$3.78M |
|
|
PFPT
677
DELISTED
Proofpoint, Inc.
PFPT
| $15.1M | 0.02% |
116,955
+40,389
| +53% | +$5.21M |
|
678
Bio-Rad Laboratories Class A
BIO
$7.49B
| $15M | 0.01% |
45,160
+11,928
| +36% | +$3.97M |
|
|
PRAH
679
DELISTED
PRA Health Sciences, Inc.
PRAH
| $15M | 0.01% |
151,093
+39,207
| +35% | +$3.89M |
|
680
Maximus
MMS
$4.94B
| $15M | 0.01% |
193,838
+56,625
| +41% | +$4.37M |
|
681
Harley-Davidson
HOG
$3.65B
| $15M | 0.01% |
416,333
+27,100
| +7% | +$975K |
|
|
BPL
682
DELISTED
Buckeye Partners, L.P.
BPL
| $14.9M | 0.01% |
361,572
+55,823
| +18% | +$2.29M |
|
683
Middleby
MIDD
$6.99B
| $14.8M | 0.01% |
126,896
+31,065
| +32% | +$3.63M |
|
684
Sonoco
SON
$4.54B
| $14.8M | 0.01% |
254,632
+18,771
| +8% | +$1.09M |
|
685
Quanta Services
PWR
$58.1B
| $14.8M | 0.01% |
392,055
+48,322
| +14% | +$1.83M |
|
686
Charles River Laboratories
CRL
$7.54B
| $14.7M | 0.01% |
111,416
+35,030
| +46% | +$4.64M |
|
687
A.O. Smith
AOS
$10.2B
| $14.7M | 0.01% |
309,097
+47,859
| +18% | +$2.28M |
|
688
Axalta
AXTA
$6.7B
| $14.7M | 0.01% |
488,898
+162,646
| +50% | +$4.9M |
|
|
ZAYO
689
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $14.7M | 0.01% |
434,708
+66,273
| +18% | +$2.25M |
|
690
Donaldson
DCI
$9.34B
| $14.7M | 0.01% |
282,365
+41,576
| +17% | +$2.17M |
|
691
PagSeguro Digital
PAGS
$2.7B
| $14.7M | 0.01% |
316,854
+109,054
| +52% | +$5.05M |
|
692
Hanesbrands
HBI
$2.21B
| $14.6M | 0.01% |
955,511
+259,777
| +37% | +$3.98M |
|
693
Watsco
WSO
$15.8B
| $14.6M | 0.01% |
86,466
+26,557
| +44% | +$4.49M |
|
694
CubeSmart
CUBE
$9.29B
| $14.6M | 0.01% |
418,092
+86,579
| +26% | +$3.02M |
|
695
Five Below
FIVE
$8.05B
| $14.5M | 0.01% |
115,318
+18,697
| +19% | +$2.36M |
|
696
HEICO
HEI
$44.1B
| $14.5M | 0.01% |
116,418
+59,294
| +104% | +$7.4M |
|
697
Post Holdings
POST
$5.69B
| $14.5M | 0.01% |
209,547
+50,672
| +32% | +$3.51M |
|
698
News Corp Class A
NWSA
$16.2B
| $14.5M | 0.01% |
1,038,797
+226,459
| +28% | +$3.15M |
|
699
American Homes 4 Rent
AMH
$12.7B
| $14.4M | 0.01% |
557,256
+134,451
| +32% | +$3.48M |
|
700
Molina Healthcare
MOH
$9.71B
| $14.4M | 0.01% |
131,423
+23,206
| +21% | +$2.55M |
|