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 | |
|---|---|---|---|---|---|---|
776
Landstar System
LSTR
$4.59B
| $9.58M | 0.01% |
100,110
-17,394
| -15% | -$1.66M |
|
777
Hexcel
HXL
$4.98B
| $9.54M | 0.01% |
166,391
-13,509
| -8% | -$775K |
|
778
Polaris
PII
$3.37B
| $9.48M | 0.01% |
123,643
-17,397
| -12% | -$1.33M |
|
779
3D Systems Corporation
DDD
$289M
| $9.47M | 0.01% |
930,651
-91,500
| -9% | -$931K |
|
780
Ziff Davis
ZD
$1.54B
| $9.39M | 0.01% |
155,630
-6,422
| -4% | -$387K |
|
781
Euronet Worldwide
EEFT
$3.62B
| $9.39M | 0.01% |
91,688
-18,384
| -17% | -$1.88M |
|
|
NBIS
782
Nebius Group N.V. Class A Ordinary Shares
NBIS
$21.3B
| $9.36M | 0.01% |
342,200
-80,790
| -19% | -$2.21M |
|
783
Alcoa
AA
$8.36B
| $9.35M | 0.01% |
351,852
+521
| +0.1% | +$13.8K |
|
784
Cullen/Frost Bankers
CFR
$8.23B
| $9.33M | 0.01% |
106,059
-8,804
| -8% | -$774K |
|
785
Guidewire Software
GWRE
$21.3B
| $9.31M | 0.01% |
116,013
+2,129
| +2% | +$171K |
|
786
Monolithic Power Systems
MPWR
$40.2B
| $9.27M | 0.01% |
79,732
-9,924
| -11% | -$1.15M |
|
787
Perrigo
PRGO
$3.1B
| $9.27M | 0.01% |
239,174
-71,292
| -23% | -$2.76M |
|
788
Black Hills Corp
BKH
$4.33B
| $9.27M | 0.01% |
147,572
-12,900
| -8% | -$810K |
|
789
Flex
FLEX
$21.6B
| $9.23M | 0.01% |
1,609,940
-645,562
| -29% | -$3.7M |
|
790
Janus Henderson
JHG
$7.08B
| $9.22M | 0.01% |
444,851
-39,500
| -8% | -$818K |
|
791
Owens Corning
OC
$13.2B
| $9.2M | 0.01% |
209,160
-57,034
| -21% | -$2.51M |
|
792
Park Hotels & Resorts
PK
$2.4B
| $9.2M | 0.01% |
354,004
-11,513
| -3% | -$299K |
|
|
TRCO
793
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $9.19M | 0.01% |
202,416
-11,555
| -5% | -$524K |
|
794
Royal Gold
RGLD
$12.5B
| $9.18M | 0.01% |
107,220
-9,300
| -8% | -$797K |
|
795
Twilio
TWLO
$15.7B
| $9.16M | 0.01% |
102,587
+14,469
| +16% | +$1.29M |
|
796
Emcor
EME
$28.6B
| $9.12M | 0.01% |
152,761
-4,032
| -3% | -$241K |
|
797
Genpact
G
$7.55B
| $9.11M | 0.01% |
337,349
-127,750
| -27% | -$3.45M |
|
798
Texas Pacific Land
TPL
$21.6B
| $9.08M | 0.01% |
50,286
-1,707
| -3% | -$308K |
|
799
Dolby
DLB
$6.91B
| $9.07M | 0.01% |
146,687
-11,700
| -7% | -$724K |
|
800
Mattel
MAT
$5.8B
| $9.06M | 0.01% |
907,107
-114,340
| -11% | -$1.14M |
|