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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Quanta Services
PWR
$58.7B
| $12.4M | 0.02% |
512,400
-17,000
| -3% | -$412K |
|
|
ATHN
727
DELISTED
Athenahealth, Inc.
ATHN
| $12.4M | 0.02% |
92,700
-3,100
| -3% | -$413K |
|
728
Hanover Insurance
THG
$6.44B
| $12.3M | 0.02% |
158,710
+1,400
| +0.9% | +$109K |
|
|
AHL
729
DELISTED
ASPEN Insurance Holding Limited
AHL
| $12.3M | 0.02% |
265,300
+3,300
| +1% | +$153K |
|
730
Hawaiian Electric Industries
HE
$2.09B
| $12.3M | 0.02% |
429,615
-19,300
| -4% | -$554K |
|
731
SITE Centers
SITC
$474M
| $12.3M | 0.02% |
621,390
+77
| +0% | +$1.53K |
|
|
JCP
732
DELISTED
J.C. Penney Company, Inc.
JCP
| $12.3M | 0.02% |
1,320,533
-14,700
| -1% | -$137K |
|
|
ITC
733
DELISTED
ITC HOLDINGS CORP
ITC
| $12.2M | 0.02% |
367,100
-20,900
| -5% | -$697K |
|
|
THOR
734
DELISTED
THORATEC CORPORATION
THOR
| $12.2M | 0.02% |
193,300
-7,500
| -4% | -$474K |
|
735
Icon
ICLR
$13.5B
| $12.2M | 0.02% |
172,100
-4,300
| -2% | -$305K |
|
736
Steris
STE
$24.7B
| $12.2M | 0.02% |
187,800
-5,700
| -3% | -$370K |
|
737
ON Semiconductor
ON
$20B
| $12.2M | 0.02% |
1,297,100
-147,700
| -10% | -$1.39M |
|
738
Hexcel
HXL
$5.02B
| $12.2M | 0.02% |
271,700
-9,625
| -3% | -$432K |
|
739
Lazard
LAZ
$5.37B
| $12.1M | 0.02% |
280,400
-7,800
| -3% | -$338K |
|
|
HDS
740
DELISTED
HD Supply Holdings, Inc.
HDS
| $12.1M | 0.02% |
421,300
+2,900
| +0.7% | +$83K |
|
741
Old Republic International
ORI
$10B
| $12M | 0.02% |
768,783
+45,200
| +6% | +$707K |
|
742
FMC
FMC
$4.73B
| $12M | 0.02% |
408,739
-7,494
| -2% | -$220K |
|
|
VR
743
DELISTED
Validus Hold Ltd
VR
| $12M | 0.02% |
266,150
-1,900
| -0.7% | -$85.6K |
|
|
HME
744
DELISTED
HOME PROPERTIES, INC
HME
| $11.9M | 0.02% |
159,487
+1,900
| +1% | +$142K |
|
745
Chemed
CHE
$6.62B
| $11.9M | 0.02% |
89,100
-3,900
| -4% | -$521K |
|
|
LPNT
746
DELISTED
LifePoint Health, Inc.
LPNT
| $11.9M | 0.02% |
167,586
-11,600
| -6% | -$822K |
|
747
West Pharmaceutical
WST
$18.8B
| $11.8M | 0.02% |
218,500
-2,300
| -1% | -$124K |
|
748
Equity Lifestyle Properties
ELS
$11.9B
| $11.8M | 0.02% |
403,252
| – | – |
|
749
News Corp Class A
NWSA
$16.5B
| $11.8M | 0.02% |
935,300
-31,800
| -3% | -$401K |
|
|
CLGX
750
DELISTED
Corelogic, Inc.
CLGX
| $11.8M | 0.02% |
316,300
-22,100
| -7% | -$823K |
|