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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WPX
701
DELISTED
WPX Energy, Inc.
WPX
| $14.9M | 0.02% |
824,990
-79,710
| -9% | -$1.44M |
|
|
EVHC
702
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $14.8M | 0.02% |
336,389
-46,108
| -12% | -$2.03M |
|
703
Grand Canyon Education
LOPE
$5.69B
| $14.7M | 0.02% |
132,114
-12,804
| -9% | -$1.43M |
|
704
Pool Corp
POOL
$11.9B
| $14.7M | 0.02% |
97,251
-11,471
| -11% | -$1.74M |
|
705
Zebra Technologies
ZBRA
$15.6B
| $14.7M | 0.02% |
102,612
-369
| -0.4% | -$52.9K |
|
706
Tenet Healthcare
THC
$16.9B
| $14.6M | 0.02% |
436,296
-285,077
| -40% | -$9.57M |
|
707
Aecom
ACM
$16.6B
| $14.6M | 0.02% |
443,257
+82,480
| +23% | +$2.72M |
|
|
AZPN
708
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $14.6M | 0.02% |
157,852
-36,615
| -19% | -$3.4M |
|
709
Old Republic International
ORI
$9.92B
| $14.6M | 0.02% |
734,310
+71,301
| +11% | +$1.42M |
|
710
Flowserve
FLS
$7.35B
| $14.6M | 0.02% |
361,856
+47,381
| +15% | +$1.91M |
|
711
AGCO
AGCO
$8.02B
| $14.6M | 0.02% |
240,472
-446
| -0.2% | -$27.1K |
|
712
Factset
FDS
$13.7B
| $14.6M | 0.02% |
73,698
-9,777
| -12% | -$1.94M |
|
713
Westlake Corp
WLK
$10.9B
| $14.6M | 0.02% |
135,381
+2,875
| +2% | +$309K |
|
714
Pinnacle Financial Partners
PNFP
$7.58B
| $14.5M | 0.02% |
236,828
-25,587
| -10% | -$1.57M |
|
715
Equity Lifestyle Properties
ELS
$11.7B
| $14.5M | 0.02% |
315,644
-59,282
| -16% | -$2.72M |
|
|
BPL
716
DELISTED
Buckeye Partners, L.P.
BPL
| $14.5M | 0.02% |
411,216
+66,874
| +19% | +$2.35M |
|
717
Chemours
CC
$2.44B
| $14.4M | 0.02% |
325,637
-20,563
| -6% | -$912K |
|
718
Etsy
ETSY
$5.73B
| $14.4M | 0.02% |
340,927
-49,784
| -13% | -$2.1M |
|
|
STMP
719
DELISTED
Stamps.com, Inc.
STMP
| $14.4M | 0.02% |
56,724
-8,814
| -13% | -$2.23M |
|
720
Landstar System
LSTR
$4.5B
| $14.4M | 0.02% |
131,410
+12,592
| +11% | +$1.38M |
|
721
First American
FAF
$6.74B
| $14.3M | 0.02% |
277,123
-28,349
| -9% | -$1.47M |
|
|
SIX
722
DELISTED
Six Flags Entertainment Corp.
SIX
| $14.3M | 0.02% |
204,503
-25,260
| -11% | -$1.77M |
|
723
Trex
TREX
$6.43B
| $14.2M | 0.02% |
453,636
-46,208
| -9% | -$1.45M |
|
724
Murphy Oil
MUR
$3.72B
| $14.1M | 0.02% |
418,694
-131,989
| -24% | -$4.46M |
|
725
RenaissanceRe
RNR
$11.2B
| $14.1M | 0.02% |
117,433
+30,360
| +35% | +$3.65M |
|