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 | |
|---|---|---|---|---|---|---|
801
Okta
OKTA
$16.2B
| $9.05M | 0.01% |
141,900
-8,800
| -6% | -$561K |
|
802
Hanesbrands
HBI
$2.25B
| $9.05M | 0.01% |
722,370
-201,405
| -22% | -$2.52M |
|
803
NCR Voyix
VYX
$1.8B
| $9.01M | 0.01% |
636,583
-84,617
| -12% | -$1.2M |
|
804
Associated Banc-Corp
ASB
$4.38B
| $9M | 0.01% |
454,601
-9,639
| -2% | -$191K |
|
805
Chemours
CC
$2.51B
| $8.99M | 0.01% |
318,691
-2,730
| -0.8% | -$77K |
|
806
GATX Corp
GATX
$6.11B
| $8.99M | 0.01% |
126,886
-2,184
| -2% | -$155K |
|
807
Chemed
CHE
$6.67B
| $8.95M | 0.01% |
31,596
-23,887
| -43% | -$6.77M |
|
|
SAVE
808
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.95M | 0.01% |
154,472
-29,655
| -16% | -$1.72M |
|
|
SGEN
809
DELISTED
Seagen Inc. Common Stock
SGEN
| $8.94M | 0.01% |
157,692
-14,400
| -8% | -$816K |
|
810
Pinnacle Financial Partners
PNFP
$7.59B
| $8.9M | 0.01% |
193,137
-16,661
| -8% | -$768K |
|
811
Wayfair
W
$11.7B
| $8.9M | 0.01% |
98,770
+13,987
| +16% | +$1.26M |
|
812
Middleby
MIDD
$7.03B
| $8.85M | 0.01% |
86,174
-10,251
| -11% | -$1.05M |
|
|
USG
813
DELISTED
Usg
USG
| $8.84M | 0.01% |
207,183
-24,398
| -11% | -$1.04M |
|
814
Murphy Oil
MUR
$3.69B
| $8.84M | 0.01% |
377,806
-27,858
| -7% | -$652K |
|
815
Coty
COTY
$3.6B
| $8.83M | 0.01% |
1,345,263
-216,313
| -14% | -$1.42M |
|
816
Melco Resorts & Entertainment
MLCO
$3.89B
| $8.82M | 0.01% |
500,479
-45,200
| -8% | -$796K |
|
817
Graphic Packaging
GPK
$6.24B
| $8.8M | 0.01% |
827,174
-16,270
| -2% | -$173K |
|
818
Terex
TEX
$3.49B
| $8.78M | 0.01% |
318,517
+46,221
| +17% | +$1.27M |
|
819
Fulton Financial
FULT
$3.52B
| $8.77M | 0.01% |
566,469
-23,259
| -4% | -$360K |
|
|
XIFR
820
XPLR Infrastructure, LP
XIFR
$949M
| $8.77M | 0.01% |
203,650
-15,585
| -7% | -$671K |
|
|
STOR
821
DELISTED
STORE Capital Corporation
STOR
| $8.71M | 0.01% |
307,634
-19,027
| -6% | -$539K |
|
|
NATI
822
DELISTED
National Instruments Corp
NATI
| $8.7M | 0.01% |
191,798
-11,878
| -6% | -$539K |
|
|
UFS
823
DELISTED
DOMTAR CORPORATION (New)
UFS
| $8.69M | 0.01% |
247,425
-38,106
| -13% | -$1.34M |
|
824
FNB Corp
FNB
$5.9B
| $8.65M | 0.01% |
879,175
+109,861
| +14% | +$1.08M |
|
|
WPX
825
DELISTED
WPX Energy, Inc.
WPX
| $8.64M | 0.01% |
761,309
-127,437
| -14% | -$1.45M |
|