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 |
Coca-Cola
KO
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
Ionis Pharmaceuticals
IONS
$10.2B
| $10.2M | 0.01% |
188,123
-9,077
| -5% | -$491K |
|
752
Entegris
ENTG
$12.6B
| $10.1M | 0.01% |
362,826
+93,163
| +35% | +$2.6M |
|
753
Hawaiian Electric Industries
HE
$2.1B
| $10.1M | 0.01% |
276,233
-179,928
| -39% | -$6.59M |
|
|
TMX
754
DELISTED
Terminix Global Holdings, Inc.
TMX
| $10M | 0.01% |
272,265
-22,959
| -8% | -$844K |
|
755
First American
FAF
$6.93B
| $9.97M | 0.01% |
223,378
-52,705
| -19% | -$2.35M |
|
|
UMPQ
756
DELISTED
Umpqua Holdings Corp
UMPQ
| $9.97M | 0.01% |
626,883
-45,817
| -7% | -$728K |
|
757
Keurig Dr Pepper
KDP
$37.5B
| $9.92M | 0.01% |
386,982
-28,094
| -7% | -$720K |
|
758
Oshkosh
OSK
$8.88B
| $9.89M | 0.01% |
161,313
+5,181
| +3% | +$318K |
|
759
Watsco
WSO
$16.1B
| $9.88M | 0.01% |
70,999
-7,920
| -10% | -$1.1M |
|
|
DISH
760
DELISTED
DISH Network Corp.
DISH
| $9.84M | 0.01% |
393,908
-103,972
| -21% | -$2.6M |
|
|
VVC
761
DELISTED
Vectren Corporation
VVC
| $9.81M | 0.01% |
136,293
-4,060
| -3% | -$292K |
|
762
Louisiana-Pacific
LPX
$6.81B
| $9.78M | 0.01% |
439,995
+1,688
| +0.4% | +$37.5K |
|
763
XPO
XPO
$15.8B
| $9.77M | 0.01% |
495,143
-108,976
| -18% | -$2.15M |
|
764
Lincoln Electric
LECO
$13.4B
| $9.76M | 0.01% |
123,824
-11,662
| -9% | -$920K |
|
765
Howmet Aerospace
HWM
$74.3B
| $9.76M | 0.01% |
755,016
-174,628
| -19% | -$2.26M |
|
|
EQC
766
DELISTED
Equity Commonwealth
EQC
| $9.75M | 0.01% |
324,823
-44,199
| -12% | -$1.33M |
|
767
Pebblebrook Hotel Trust
PEB
$1.4B
| $9.71M | 0.01% |
343,063
+137,385
| +67% | +$3.89M |
|
|
LOGM
768
DELISTED
LogMein, Inc.
LOGM
| $9.7M | 0.01% |
118,970
-9,817
| -8% | -$801K |
|
|
SIX
769
DELISTED
Six Flags Entertainment Corp.
SIX
| $9.69M | 0.01% |
174,262
-11,031
| -6% | -$614K |
|
770
Charles River Laboratories
CRL
$7.86B
| $9.68M | 0.01% |
85,493
-9,191
| -10% | -$1.04M |
|
771
Essential Utilities
WTRG
$10.7B
| $9.66M | 0.01% |
282,615
-13,735
| -5% | -$470K |
|
772
CubeSmart
CUBE
$9.49B
| $9.65M | 0.01% |
336,429
-29,986
| -8% | -$860K |
|
773
New Oriental
EDU
$8.93B
| $9.64M | 0.01% |
175,922
-132,235
| -43% | -$7.25M |
|
774
Ashland
ASH
$2.5B
| $9.63M | 0.01% |
135,708
-8,865
| -6% | -$629K |
|
775
Cinemark Holdings
CNK
$3.24B
| $9.61M | 0.01% |
268,528
-24,410
| -8% | -$874K |
|