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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Hawaiian Electric Industries
HE
$2.08B
| $13.3M | 0.02% |
410,815
+13,300
| +3% | +$431K |
|
|
AMSG
702
DELISTED
Amsurg Corp
AMSG
| $13.3M | 0.02% |
178,239
-12,800
| -7% | -$955K |
|
703
U-Haul Holding Co
UHAL
$10.8B
| $13.3M | 0.02% |
371,000
-39,000
| -10% | -$1.39M |
|
704
Abercrombie & Fitch
ANF
$4.54B
| $13.2M | 0.02% |
419,800
+31,600
| +8% | +$997K |
|
705
Genpact
G
$7.49B
| $13.2M | 0.02% |
486,800
-46,900
| -9% | -$1.28M |
|
706
Anywhere Real Estate
HOUS
$699M
| $13.2M | 0.02% |
365,200
+16,100
| +5% | +$581K |
|
707
VEON
VEON
$3.56B
| $13.2M | 0.02% |
123,792
+25,088
| +25% | +$2.67M |
|
|
ACC
708
DELISTED
American Campus Communities, Inc.
ACC
| $13.1M | 0.02% |
279,218
-6,100
| -2% | -$287K |
|
|
HDS
709
DELISTED
HD Supply Holdings, Inc.
HDS
| $13.1M | 0.02% |
396,500
-25,800
| -6% | -$853K |
|
|
LVNTA
710
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $13M | 0.02% |
333,200
-48,100
| -13% | -$1.88M |
|
711
Pinnacle Financial Partners
PNFP
$7.58B
| $13M | 0.02% |
265,100
-11,400
| -4% | -$559K |
|
712
Jefferies Financial Group
JEF
$13.5B
| $13M | 0.02% |
898,283
+92,387
| +11% | +$1.34M |
|
|
FMER
713
DELISTED
FIRSTMERIT CORP
FMER
| $13M | 0.02% |
617,121
-18,900
| -3% | -$398K |
|
|
DNB
714
DELISTED
Dun & Bradstreet
DNB
| $12.9M | 0.02% |
124,773
+3,700
| +3% | +$381K |
|
|
CY
715
DELISTED
Cypress Semiconductor
CY
| $12.8M | 0.02% |
1,473,800
+92,600
| +7% | +$802K |
|
716
Brown & Brown
BRO
$30.5B
| $12.7M | 0.02% |
709,874
+20,000
| +3% | +$358K |
|
717
EPR Properties
EPR
$4.19B
| $12.7M | 0.02% |
190,626
-2,500
| -1% | -$167K |
|
718
Edgewell Personal Care
EPC
$1.01B
| $12.7M | 0.02% |
157,633
-5,100
| -3% | -$411K |
|
719
NNN REIT
NNN
$8.06B
| $12.7M | 0.02% |
274,602
-1,000
| -0.4% | -$46.2K |
|
|
ATHN
720
DELISTED
Athenahealth, Inc.
ATHN
| $12.7M | 0.02% |
91,400
-3,100
| -3% | -$430K |
|
|
STR
721
DELISTED
QUESTAR CORP
STR
| $12.7M | 0.02% |
511,225
+40,400
| +9% | +$1M |
|
722
Telephone and Data Systems
TDS
$4.45B
| $12.6M | 0.02% |
420,347
+22,900
| +6% | +$689K |
|
|
LPNT
723
DELISTED
LifePoint Health, Inc.
LPNT
| $12.6M | 0.02% |
182,486
+15,100
| +9% | +$1.05M |
|
|
ENDP
724
DELISTED
Endo International plc
ENDP
| $12.6M | 0.02% |
446,100
-26,800
| -6% | -$754K |
|
|
AHL
725
DELISTED
ASPEN Insurance Holding Limited
AHL
| $12.6M | 0.02% |
263,200
+400
| +0.2% | +$19.1K |
|