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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
LPL Financial
LPLA
$27.4B
| $10.2M | 0.01% |
188,067
-13,296
| -7% | -$724K |
|
677
XPO
XPO
$15.9B
| $10.2M | 0.01% |
602,130
-93,259
| -13% | -$1.57M |
|
|
NLSN
678
DELISTED
Nielsen Holdings plc
NLSN
| $10.1M | 0.01% |
808,529
+12,267
| +2% | +$154K |
|
679
Mohawk Industries
MHK
$8.59B
| $10.1M | 0.01% |
132,895
-7,822
| -6% | -$596K |
|
680
New York Times
NYT
$9.43B
| $10.1M | 0.01% |
328,662
-16,746
| -5% | -$514K |
|
681
Lamar Advertising Co
LAMR
$12.9B
| $10.1M | 0.01% |
196,134
-4,498
| -2% | -$231K |
|
682
Idacorp
IDA
$6.78B
| $10M | 0.01% |
114,239
-11,007
| -9% | -$966K |
|
|
LSI
683
DELISTED
Life Storage, Inc.
LSI
| $10M | 0.01% |
158,958
+6,730
| +4% | +$424K |
|
684
Zions Bancorporation
ZION
$8.5B
| $9.96M | 0.01% |
372,116
-24,000
| -6% | -$642K |
|
|
DNKN
685
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $9.9M | 0.01% |
186,384
-9,189
| -5% | -$488K |
|
686
Prosperity Bancshares
PB
$6.37B
| $9.88M | 0.01% |
204,837
-11,200
| -5% | -$540K |
|
687
Oshkosh
OSK
$8.94B
| $9.88M | 0.01% |
153,520
-11,437
| -7% | -$736K |
|
688
MKS Inc. Common Stock
MKSI
$7.64B
| $9.85M | 0.01% |
120,951
-10,739
| -8% | -$875K |
|
689
Robert Half
RHI
$3.6B
| $9.83M | 0.01% |
260,420
-21,030
| -7% | -$794K |
|
690
MDU Resources
MDU
$3.34B
| $9.8M | 0.01% |
1,198,988
+29,454
| +3% | +$241K |
|
691
Old Republic International
ORI
$9.97B
| $9.76M | 0.01% |
639,790
-31,684
| -5% | -$483K |
|
|
COR
692
DELISTED
Coresite Realty Corporation
COR
| $9.75M | 0.01% |
84,090
+5,300
| +7% | +$614K |
|
693
ONE Gas
OGS
$4.52B
| $9.74M | 0.01% |
116,428
-8,422
| -7% | -$704K |
|
694
Arrow Electronics
ARW
$6.57B
| $9.71M | 0.01% |
187,170
-69
| -0% | -$3.58K |
|
|
FLG
695
Flagstar Financial, Inc.
FLG
$5.31B
| $9.71M | 0.01% |
344,549
-17,133
| -5% | -$483K |
|
|
NATI
696
DELISTED
National Instruments Corp
NATI
| $9.67M | 0.01% |
292,272
-14,160
| -5% | -$468K |
|
697
Owens Corning
OC
$13B
| $9.67M | 0.01% |
249,094
+3,998
| +2% | +$155K |
|
698
Portland General Electric
POR
$4.63B
| $9.67M | 0.01% |
201,637
-46,470
| -19% | -$2.23M |
|
699
Cousins Properties
CUZ
$4.99B
| $9.67M | 0.01% |
330,187
-16,922
| -5% | -$495K |
|
700
Euronet Worldwide
EEFT
$3.58B
| $9.66M | 0.01% |
112,674
+1,799
| +2% | +$154K |
|