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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
Rapid7
RPD
$1.32B
| $7.76M | 0.01% |
116,140
-7,591
| -6% | -$507K |
|
927
Blackstone Mortgage Trust
BXMT
$3.45B
| $7.75M | 0.01% |
280,108
-30,023
| -10% | -$831K |
|
928
Avnet
AVT
$4.49B
| $7.75M | 0.01% |
180,722
-15,268
| -8% | -$655K |
|
|
TXNM
929
TXNM Energy, Inc.
TXNM
$5.99B
| $7.74M | 0.01% |
161,989
-6,325
| -4% | -$302K |
|
930
Ralph Lauren
RL
$18.9B
| $7.72M | 0.01% |
86,110
-14,337
| -14% | -$1.29M |
|
|
JBTM
931
JBT Marel Corporation
JBTM
$7.35B
| $7.71M | 0.01% |
69,863
| – | – |
|
932
Essent Group
ESNT
$6.29B
| $7.69M | 0.01% |
197,602
-15,432
| -7% | -$600K |
|
933
Sensient Technologies
SXT
$4.79B
| $7.68M | 0.01% |
95,371
| – | – |
|
934
Boyd Gaming
BYD
$6.93B
| $7.68M | 0.01% |
154,359
-10,866
| -7% | -$541K |
|
935
Semtech
SMTC
$5.26B
| $7.68M | 0.01% |
139,686
-4,741
| -3% | -$261K |
|
936
Vipshop
VIPS
$8.45B
| $7.67M | 0.01% |
775,423
-72,014
| -8% | -$712K |
|
937
GATX Corp
GATX
$5.97B
| $7.65M | 0.01% |
81,225
+1,122
| +1% | +$106K |
|
938
Allison Transmission
ALSN
$7.53B
| $7.61M | 0.01% |
197,995
-24,758
| -11% | -$952K |
|
939
QuidelOrtho
QDEL
$1.95B
| $7.61M | 0.01% |
78,302
+4,382
| +6% | +$426K |
|
940
Ziff Davis
ZD
$1.56B
| $7.57M | 0.01% |
101,524
-330
| -0.3% | -$24.6K |
|
941
OneMain Financial
OMF
$7.31B
| $7.55M | 0.01% |
202,011
-11,912
| -6% | -$445K |
|
942
Community Bank
CBU
$3.17B
| $7.54M | 0.01% |
119,161
-288
| -0.2% | -$18.2K |
|
|
DQ
943
Daqo New Energy
DQ
$1.96B
| $7.54M | 0.01% |
105,652
-6,093
| -5% | -$435K |
|
944
PVH
PVH
$4.22B
| $7.51M | 0.01% |
131,981
-16,852
| -11% | -$959K |
|
945
TD Synnex
SNX
$12.3B
| $7.51M | 0.01% |
82,432
-9,456
| -10% | -$861K |
|
946
Air Lease Corp
AL
$7.12B
| $7.51M | 0.01% |
224,512
-8,788
| -4% | -$294K |
|
947
Spectrum Brands
SPB
$1.38B
| $7.5M | 0.01% |
91,472
+861
| +1% | +$70.6K |
|
948
FNB Corp
FNB
$5.92B
| $7.5M | 0.01% |
690,251
-29,518
| -4% | -$321K |
|
949
RingCentral
RNG
$2.89B
| $7.49M | 0.01% |
143,278
-5,633
| -4% | -$294K |
|
950
Lufax Holding
LU
$2.61B
| $7.49M | 0.01% |
311,946
+41,153
| +15% | +$988K |
|