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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Voya Financial
VOYA
$7.24B
| $12.7M | 0.01% |
214,051
-15,389
| -7% | -$916K |
|
702
Ingredion
INGR
$8.19B
| $12.7M | 0.01% |
144,476
-6,230
| -4% | -$549K |
|
703
Unum
UNM
$12.5B
| $12.7M | 0.01% |
374,280
-17,767
| -5% | -$604K |
|
704
WEX
WEX
$5.89B
| $12.7M | 0.01% |
81,807
+925
| +1% | +$144K |
|
705
National Fuel Gas
NFG
$7.74B
| $12.7M | 0.01% |
192,381
-4,233
| -2% | -$280K |
|
706
Aramark
ARMK
$10.1B
| $12.7M | 0.01% |
572,763
-40,226
| -7% | -$890K |
|
707
Wolfspeed
WOLF
$192M
| $12.7M | 0.01% |
199,529
-33,972
| -15% | -$2.16M |
|
708
Sarepta Therapeutics
SRPT
$1.89B
| $12.6M | 0.01% |
168,498
-4,355
| -3% | -$326K |
|
709
Prosperity Bancshares
PB
$6.43B
| $12.6M | 0.01% |
184,730
-9,632
| -5% | -$658K |
|
710
Autoliv
ALV
$9.68B
| $12.6M | 0.01% |
176,036
-9,080
| -5% | -$650K |
|
711
Morningstar
MORN
$10.8B
| $12.4M | 0.01% |
51,294
-1,656
| -3% | -$400K |
|
712
Exelixis
EXEL
$10B
| $12.4M | 0.01% |
595,286
-12,792
| -2% | -$266K |
|
713
Acadia Healthcare
ACHC
$2.14B
| $12.3M | 0.01% |
182,192
-8,326
| -4% | -$563K |
|
714
Gentex
GNTX
$6.28B
| $12.3M | 0.01% |
439,643
-32,757
| -7% | -$916K |
|
715
Axon Enterprise
AXON
$58.4B
| $12.2M | 0.01% |
131,411
-3,590
| -3% | -$334K |
|
716
Masimo
MASI
$8.03B
| $12.2M | 0.01% |
93,563
-3,310
| -3% | -$433K |
|
717
AGCO
AGCO
$8.14B
| $12.1M | 0.01% |
122,965
-7,679
| -6% | -$758K |
|
718
First Solar
FSLR
$21.5B
| $12.1M | 0.01% |
177,808
-9,711
| -5% | -$662K |
|
719
Curtiss-Wright
CW
$18.3B
| $12.1M | 0.01% |
91,648
-1,855
| -2% | -$245K |
|
720
Jefferies Financial Group
JEF
$13.2B
| $12.1M | 0.01% |
457,300
-20,536
| -4% | -$542K |
|
|
SWN
721
DELISTED
Southwestern Energy Company
SWN
| $12.1M | 0.01% |
1,929,152
+469,138
| +32% | +$2.93M |
|
722
Bath & Body Works
BBWI
$5.9B
| $12M | 0.01% |
447,051
-29,475
| -6% | -$793K |
|
723
Sensata Technologies
ST
$4.64B
| $12M | 0.01% |
291,336
-14,091
| -5% | -$582K |
|
724
Lumentum
LITE
$10.4B
| $12M | 0.01% |
151,274
-9,548
| -6% | -$758K |
|
|
LSXMK
725
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $12M | 0.01% |
429,912
-31,224
| -7% | -$872K |
|