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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XYZ
751
Block, Inc.
XYZ
$45B
| $13.9M | 0.02% |
401,383
+33,232
| +9% | +$1.15M |
|
752
Trex
TREX
$6.43B
| $13.8M | 0.02% |
510,288
+7,096
| +1% | +$192K |
|
753
Cullen/Frost Bankers
CFR
$8.11B
| $13.8M | 0.02% |
145,293
-510
| -0.3% | -$48.3K |
|
|
ZAYO
754
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $13.7M | 0.02% |
373,060
+27,348
| +8% | +$1.01M |
|
|
SCG
755
DELISTED
Scana
SCG
| $13.7M | 0.02% |
344,683
+37,642
| +12% | +$1.5M |
|
756
First Horizon
FHN
$11.5B
| $13.7M | 0.02% |
685,146
+57,489
| +9% | +$1.15M |
|
|
PAY
757
DELISTED
Verifone Systems Inc
PAY
| $13.7M | 0.02% |
772,700
-375,206
| -33% | -$6.65M |
|
758
Urban Outfitters
URBN
$6.33B
| $13.7M | 0.02% |
390,207
+17,906
| +5% | +$628K |
|
|
UMPQ
759
DELISTED
Umpqua Holdings Corp
UMPQ
| $13.6M | 0.02% |
654,445
+26,717
| +4% | +$556K |
|
|
BMS
760
DELISTED
Bemis
BMS
| $13.6M | 0.02% |
284,629
+3,913
| +1% | +$187K |
|
761
NNN REIT
NNN
$8.06B
| $13.6M | 0.02% |
314,877
+11,713
| +4% | +$505K |
|
762
Ashland
ASH
$2.42B
| $13.6M | 0.02% |
190,478
+6,819
| +4% | +$486K |
|
763
American Eagle Outfitters
AEO
$3.34B
| $13.5M | 0.02% |
720,343
+54,093
| +8% | +$1.02M |
|
764
Healthcare Services Group
HCSG
$1.15B
| $13.5M | 0.02% |
256,630
-1,444
| -0.6% | -$76.1K |
|
765
Old Republic International
ORI
$9.92B
| $13.5M | 0.02% |
631,996
+17,027
| +3% | +$364K |
|
766
EPAM Systems
EPAM
$8.53B
| $13.5M | 0.02% |
125,585
+21,928
| +21% | +$2.36M |
|
767
Cleveland-Cliffs
CLF
$5.62B
| $13.4M | 0.02% |
1,864,984
+175,516
| +10% | +$1.27M |
|
|
STMP
768
DELISTED
Stamps.com, Inc.
STMP
| $13.4M | 0.02% |
71,481
+2,383
| +3% | +$448K |
|
769
Ionis Pharmaceuticals
IONS
$10.2B
| $13.4M | 0.02% |
266,300
+43,400
| +19% | +$2.18M |
|
770
Ternium
TX
$6.69B
| $13.4M | 0.02% |
423,288
+97,769
| +30% | +$3.09M |
|
|
DCT
771
DELISTED
DCT Industrial Trust Inc.
DCT
| $13.4M | 0.02% |
227,222
+1,535
| +0.7% | +$90.2K |
|
|
HRC
772
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $13.4M | 0.02% |
158,397
+7,851
| +5% | +$662K |
|
|
WPX
773
DELISTED
WPX Energy, Inc.
WPX
| $13.3M | 0.02% |
948,100
+25,800
| +3% | +$363K |
|
774
Westlake Corp
WLK
$10.9B
| $13.3M | 0.02% |
125,099
+9,715
| +8% | +$1.03M |
|
|
SVC
775
Service Properties Trust
SVC
$469M
| $13.3M | 0.02% |
444,712
+11,525
| +3% | +$344K |
|