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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Idacorp
IDA
$6.8B
| $13.5M | 0.01% |
120,131
+34,645
| +41% | +$3.9M |
|
727
Synovus
SNV
$7.19B
| $13.5M | 0.01% |
378,478
+138,901
| +58% | +$4.97M |
|
728
Casey's General Stores
CASY
$20.6B
| $13.5M | 0.01% |
83,876
+23,372
| +39% | +$3.77M |
|
729
ManpowerGroup
MAN
$1.79B
| $13.5M | 0.01% |
159,731
-52,168
| -25% | -$4.39M |
|
730
FirstCash
FCFS
$6.5B
| $13.5M | 0.01% |
146,755
+28,905
| +25% | +$2.65M |
|
731
Emcor
EME
$28.7B
| $13.5M | 0.01% |
156,198
+42,900
| +38% | +$3.69M |
|
732
ZTO Express
ZTO
$15.4B
| $13.3M | 0.01% |
624,810
+407,052
| +187% | +$8.68M |
|
733
Lincoln Electric
LECO
$13.5B
| $13.3M | 0.01% |
153,214
+40,297
| +36% | +$3.5M |
|
734
Newell Brands
NWL
$2.54B
| $13.2M | 0.01% |
707,062
+103,055
| +17% | +$1.93M |
|
735
Howard Hughes
HHH
$4.82B
| $13.2M | 0.01% |
106,869
+18,448
| +21% | +$2.28M |
|
|
SAGE
736
DELISTED
Sage Therapeutics
SAGE
| $13.2M | 0.01% |
93,788
+33,588
| +56% | +$4.71M |
|
737
Ciena
CIEN
$18.9B
| $13.1M | 0.01% |
334,858
+95,622
| +40% | +$3.75M |
|
738
Jabil
JBL
$23.1B
| $13.1M | 0.01% |
366,703
+129,345
| +54% | +$4.63M |
|
739
Huntsman Corp
HUN
$1.89B
| $13.1M | 0.01% |
563,772
+100,278
| +22% | +$2.33M |
|
|
HPP
740
Hudson Pacific Properties
HPP
$1.1B
| $13.1M | 0.01% |
391,312
+60,300
| +18% | +$2.02M |
|
741
Erie Indemnity
ERIE
$17.6B
| $13M | 0.01% |
69,940
+9,263
| +15% | +$1.72M |
|
742
Hawaiian Electric Industries
HE
$2.09B
| $12.9M | 0.01% |
282,253
+44,330
| +19% | +$2.02M |
|
743
AGCO
AGCO
$8.12B
| $12.9M | 0.01% |
169,968
+9,391
| +6% | +$711K |
|
744
Autoliv
ALV
$9.77B
| $12.8M | 0.01% |
162,811
+15,362
| +10% | +$1.21M |
|
|
CIT
745
DELISTED
CIT Group Inc.
CIT
| $12.8M | 0.01% |
283,252
+25,354
| +10% | +$1.15M |
|
746
Liberty Global Class A
LBTYA
$4.02B
| $12.7M | 0.01% |
513,458
+40,761
| +9% | +$1.01M |
|
747
First Horizon
FHN
$11.6B
| $12.7M | 0.01% |
781,673
+250,606
| +47% | +$4.06M |
|
748
Oshkosh
OSK
$8.93B
| $12.6M | 0.01% |
165,628
+32,398
| +24% | +$2.46M |
|
749
Manhattan Associates
MANH
$13.1B
| $12.6M | 0.01% |
155,583
+29,931
| +24% | +$2.41M |
|
|
FLG
750
Flagstar Financial, Inc.
FLG
$5.3B
| $12.5M | 0.01% |
333,022
+64,323
| +24% | +$2.42M |
|