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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Dolby
DLB
$6.86B
| $12.3M | 0.02% |
193,002
-4,151
| -2% | -$264K |
|
802
Oshkosh
OSK
$8.92B
| $12.3M | 0.02% |
158,697
-12,151
| -7% | -$939K |
|
|
SVC
803
Service Properties Trust
SVC
$469M
| $12.2M | 0.02% |
481,303
+36,591
| +8% | +$927K |
|
804
Encompass Health
EHC
$12.6B
| $12.2M | 0.02% |
+267,946
| New | +$12.2M |
|
|
VVC
805
DELISTED
Vectren Corporation
VVC
| $12.2M | 0.02% |
190,646
-36,557
| -16% | -$2.34M |
|
|
DO
806
DELISTED
Diamond Offshore Drilling
DO
| $12.2M | 0.02% |
829,824
-131,409
| -14% | -$1.93M |
|
|
DNB
807
DELISTED
Dun & Bradstreet
DNB
| $12.2M | 0.02% |
103,922
-6,587
| -6% | -$771K |
|
808
RenaissanceRe
RNR
$11.3B
| $12.1M | 0.02% |
87,073
-213
| -0.2% | -$29.5K |
|
809
American Eagle Outfitters
AEO
$3.29B
| $12M | 0.02% |
603,487
-116,856
| -16% | -$2.33M |
|
810
TripAdvisor
TRIP
$2.07B
| $12M | 0.02% |
292,558
+68,594
| +31% | +$2.8M |
|
811
Curtiss-Wright
CW
$19B
| $12M | 0.02% |
88,483
+15,633
| +21% | +$2.11M |
|
812
Graphic Packaging
GPK
$6.16B
| $11.9M | 0.02% |
776,975
+85,357
| +12% | +$1.31M |
|
|
NUAN
813
DELISTED
Nuance Communications, Inc.
NUAN
| $11.9M | 0.02% |
870,170
+267,907
| +44% | +$3.65M |
|
814
Flowers Foods
FLO
$3.02B
| $11.8M | 0.02% |
540,095
+39,617
| +8% | +$866K |
|
815
Watsco
WSO
$16B
| $11.8M | 0.02% |
65,200
+5,670
| +10% | +$1.03M |
|
816
Vipshop
VIPS
$8.95B
| $11.8M | 0.02% |
709,857
-45,467
| -6% | -$756K |
|
817
Howard Hughes
HHH
$4.84B
| $11.8M | 0.02% |
88,853
+4,269
| +5% | +$566K |
|
818
CubeSmart
CUBE
$9.35B
| $11.8M | 0.02% |
417,549
+41,762
| +11% | +$1.18M |
|
|
ARRS
819
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $11.7M | 0.02% |
441,803
+41,774
| +10% | +$1.11M |
|
820
Dana Inc
DAN
$2.78B
| $11.7M | 0.02% |
454,843
-21,811
| -5% | -$562K |
|
821
Brown-Forman Class A
BF.A
$13.2B
| $11.7M | 0.02% |
219,533
-67,548
| -24% | -$3.6M |
|
822
Webster Financial
WBS
$10.3B
| $11.7M | 0.02% |
211,171
-4,936
| -2% | -$273K |
|
|
PAY
823
DELISTED
Verifone Systems Inc
PAY
| $11.7M | 0.02% |
759,990
-12,710
| -2% | -$195K |
|
824
Rayonier
RYN
$4.09B
| $11.7M | 0.02% |
349,018
-117,198
| -25% | -$3.92M |
|
|
DNKN
825
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $11.7M | 0.02% |
195,276
+10,894
| +6% | +$650K |
|