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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
Camden Property Trust
CPT
$11.6B
| $14.8M | 0.02% |
215,281
+11,000
| +5% | +$754K |
|
752
VEON
VEON
$3.56B
| $14.7M | 0.02% |
69,595
-1,884
| -3% | -$399K |
|
753
RPM International
RPM
$16B
| $14.7M | 0.02% |
350,446
-4,499
| -1% | -$189K |
|
|
VER
754
DELISTED
VEREIT, Inc.
VER
| $14.7M | 0.02% |
213,948
+208,177
| +3,607% | +$14.3M |
|
755
Fossil Group
FOSL
$159M
| $14.6M | 0.02% |
133,645
-14,400
| -10% | -$1.58M |
|
756
Carlisle Companies
CSL
$16.2B
| $14.6M | 0.02% |
189,900
+11,400
| +6% | +$878K |
|
757
Avient
AVNT
$3.34B
| $14.6M | 0.02% |
394,101
+10,100
| +3% | +$374K |
|
758
LPL Financial
LPLA
$27.4B
| $14.6M | 0.02% |
295,600
+138,000
| +88% | +$6.81M |
|
759
Sonoco
SON
$4.54B
| $14.6M | 0.02% |
352,465
+21,900
| +7% | +$906K |
|
760
Old Dominion Freight Line
ODFL
$30.7B
| $14.6M | 0.02% |
798,420
+4,086
| +0.5% | +$74.6K |
|
761
MSCI
MSCI
$43.6B
| $14.6M | 0.02% |
341,300
+32,000
| +10% | +$1.36M |
|
762
Zebra Technologies
ZBRA
$15.6B
| $14.5M | 0.02% |
212,795
-9,093
| -4% | -$621K |
|
763
ITT
ITT
$13.6B
| $14.5M | 0.02% |
341,507
-76,600
| -18% | -$3.26M |
|
764
Cullen/Frost Bankers
CFR
$8.11B
| $14.5M | 0.02% |
185,021
+8,000
| +5% | +$627K |
|
765
Incyte
INCY
$16.8B
| $14.5M | 0.02% |
295,600
+36,300
| +14% | +$1.78M |
|
766
Essential Utilities
WTRG
$10.6B
| $14.4M | 0.02% |
570,038
+12,300
| +2% | +$311K |
|
|
PLCM
767
DELISTED
POLYCOM INC
PLCM
| $14.4M | 0.02% |
1,093,282
+54,000
| +5% | +$712K |
|
768
Kirby Corp
KEX
$4.85B
| $14.4M | 0.02% |
146,700
+64,500
| +78% | +$6.33M |
|
769
Service Corp International
SCI
$11B
| $14.4M | 0.02% |
754,925
-133,600
| -15% | -$2.55M |
|
|
XLS
770
DELISTED
EXELIS INC COM STK
XLS
| $14.4M | 0.02% |
839,894
-81,503
| -9% | -$1.39M |
|
771
Patterson-UTI
PTEN
$2.11B
| $14.3M | 0.02% |
459,951
-41,866
| -8% | -$1.3M |
|
|
NFX
772
DELISTED
Newfield Exploration
NFX
| $14.3M | 0.02% |
442,941
-10,400
| -2% | -$335K |
|
773
Lazard
LAZ
$5.25B
| $14.2M | 0.02% |
306,600
+17,700
| +6% | +$819K |
|
774
Woodward
WWD
$14.3B
| $14.1M | 0.02% |
337,640
+2,298
| +0.7% | +$96.2K |
|
|
PACW
775
DELISTED
PacWest Bancorp
PACW
| $14.1M | 0.02% |
316,992
+181,583
| +134% | +$8.07M |
|