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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Hasbro
HAS
$10.9B
| $16.6M | 0.02% |
303,387
-63,587
| -17% | -$3.47M |
|
|
QEP
702
DELISTED
QEP RESOURCES, INC.
QEP
| $16.5M | 0.02% |
525,875
-120,254
| -19% | -$3.77M |
|
|
CLGX
703
DELISTED
Corelogic, Inc.
CLGX
| $16.5M | 0.02% |
564,540
-74,800
| -12% | -$2.18M |
|
704
Reliance Steel & Aluminium
RS
$15.4B
| $16.4M | 0.02% |
233,220
+4,900
| +2% | +$345K |
|
705
Ulta Beauty
ULTA
$23.1B
| $16.4M | 0.02% |
171,223
-7,764
| -4% | -$744K |
|
706
Compañía de Minas Buenaventura
BVN
$5.09B
| $16.4M | 0.02% |
1,213,431
-68,600
| -5% | -$925K |
|
|
EGN
707
DELISTED
Energen
EGN
| $16.2M | 0.02% |
200,457
-13,600
| -6% | -$1.1M |
|
|
SRC
708
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $16.1M | 0.02% |
328,861
-16,121
| -5% | -$789K |
|
|
STR
709
DELISTED
QUESTAR CORP
STR
| $16.1M | 0.02% |
683,725
+130,600
| +24% | +$3.07M |
|
|
LSI
710
DELISTED
LSI CORPORATION
LSI
| $16.1M | 0.02% |
1,451,900
-176,448
| -11% | -$1.95M |
|
711
KKR & Co
KKR
$124B
| $16M | 0.02% |
711,600
+705,100
| +10,848% | +$15.8M |
|
712
Timken Company
TKR
$5.32B
| $16M | 0.02% |
377,911
-101,701
| -21% | -$4.3M |
|
713
Crane NXT
CXT
$3.49B
| $15.9M | 0.02% |
653,245
-147,117
| -18% | -$3.58M |
|
714
Live Nation Entertainment
LYV
$39.6B
| $15.8M | 0.02% |
771,973
+533
| +0.1% | +$10.9K |
|
715
Federated Hermes
FHI
$4.1B
| $15.7M | 0.02% |
528,525
+25,100
| +5% | +$748K |
|
|
HCC
716
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $15.7M | 0.02% |
351,130
-132,944
| -27% | -$5.96M |
|
|
PNRA
717
DELISTED
Panera Bread Co
PNRA
| $15.7M | 0.02% |
92,764
+1,400
| +2% | +$237K |
|
|
ITC
718
DELISTED
ITC HOLDINGS CORP
ITC
| $15.7M | 0.02% |
422,440
+21,490
| +5% | +$799K |
|
719
Hanover Insurance
THG
$6.37B
| $15.7M | 0.02% |
264,204
+18,600
| +8% | +$1.1M |
|
|
WPZ
720
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $15.7M | 0.02% |
325,993
+15,180
| +5% | +$729K |
|
721
lululemon athletica
LULU
$19.4B
| $15.6M | 0.02% |
294,313
-38,765
| -12% | -$2.06M |
|
722
CoStar Group
CSGP
$36.6B
| $15.6M | 0.02% |
928,870
-176,090
| -16% | -$2.96M |
|
723
Middleby
MIDD
$6.99B
| $15.6M | 0.02% |
183,354
+11,466
| +7% | +$976K |
|
724
ResMed
RMD
$39.6B
| $15.6M | 0.02% |
344,600
-81,047
| -19% | -$3.67M |
|
|
RAD
725
DELISTED
Rite Aid Corporation
RAD
| $15.6M | 0.02% |
127,461
-58,808
| -32% | -$7.19M |
|