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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Cognex
CGNX
$7.45B
| $12.9M | 0.02% |
404,200
+36,200
| +10% | +$1.15M |
|
702
Range Resources
RRC
$8.23B
| $12.8M | 0.02% |
373,862
+10,100
| +3% | +$347K |
|
703
MSC Industrial Direct
MSM
$5.09B
| $12.8M | 0.02% |
138,700
+500
| +0.4% | +$46.2K |
|
704
Coca-Cola Europacific Partners
CCEP
$40.2B
| $12.8M | 0.02% |
406,916
-81,600
| -17% | -$2.56M |
|
|
CLR
705
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $12.8M | 0.02% |
247,900
-7,400
| -3% | -$381K |
|
706
ON Semiconductor
ON
$19.7B
| $12.8M | 0.02% |
1,000,700
-158,700
| -14% | -$2.03M |
|
|
JOY
707
DELISTED
Joy Global Inc
JOY
| $12.8M | 0.02% |
456,005
-46,300
| -9% | -$1.3M |
|
708
Teradyne
TER
$18.5B
| $12.7M | 0.02% |
501,900
+29,500
| +6% | +$749K |
|
|
UNT
709
DELISTED
UNIT Corporation
UNT
| $12.7M | 0.02% |
474,258
+7,100
| +2% | +$191K |
|
710
Jazz Pharmaceuticals
JAZZ
$7.74B
| $12.7M | 0.02% |
116,700
-11,500
| -9% | -$1.25M |
|
711
First Horizon
FHN
$11.5B
| $12.6M | 0.02% |
631,739
-42,100
| -6% | -$842K |
|
|
BERY
712
DELISTED
Berry Global Group, Inc.
BERY
| $12.6M | 0.02% |
282,378
-55,974
| -17% | -$2.5M |
|
713
KKR & Co
KKR
$125B
| $12.6M | 0.02% |
820,730
-46,700
| -5% | -$719K |
|
714
TEGNA Inc
TGNA
$3.38B
| $12.6M | 0.02% |
920,313
-6,406
| -0.7% | -$87.7K |
|
715
PTC
PTC
$24.3B
| $12.6M | 0.02% |
271,800
+11,700
| +4% | +$541K |
|
716
Hawaiian Electric Industries
HE
$2.06B
| $12.5M | 0.02% |
378,115
-2,400
| -0.6% | -$79.4K |
|
717
Graco
GGG
$14.1B
| $12.5M | 0.02% |
450,900
-15,900
| -3% | -$440K |
|
|
CRC
718
DELISTED
California Resources Corporation
CRC
| $12.5M | 0.02% |
585,806
+51,400
| +10% | +$1.09M |
|
719
EnerSys
ENS
$3.92B
| $12.4M | 0.02% |
158,900
-7,900
| -5% | -$617K |
|
|
VR
720
DELISTED
Validus Hold Ltd
VR
| $12.4M | 0.02% |
224,850
-12,600
| -5% | -$693K |
|
|
MENT
721
DELISTED
Mentor Graphics Corp
MENT
| $12.4M | 0.02% |
334,800
-31,200
| -9% | -$1.15M |
|
722
Huntsman Corp
HUN
$1.89B
| $12.3M | 0.02% |
643,900
+39,300
| +7% | +$750K |
|
723
Jones Lang LaSalle
JLL
$14.6B
| $12.3M | 0.02% |
121,400
+6,300
| +5% | +$637K |
|
|
CPN
724
DELISTED
Calpine Corporation
CPN
| $12.3M | 0.02% |
1,072,840
+27,500
| +3% | +$314K |
|
725
SM Energy
SM
$3.08B
| $12.3M | 0.02% |
355,300
-16,500
| -4% | -$569K |
|