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 | |
|---|---|---|---|---|---|---|
951
nVent Electric
NVT
$15.4B
| $6.59M | 0.01% |
293,480
-10,634
| -3% | -$239K |
|
952
Valmont Industries
VMI
$7.5B
| $6.59M | 0.01% |
59,362
-1,812
| -3% | -$201K |
|
|
EQM
953
DELISTED
EQM Midstream Partners, LP
EQM
| $6.57M | 0.01% |
151,947
-38,143
| -20% | -$1.65M |
|
954
SLM Corp
SLM
$5.93B
| $6.57M | 0.01% |
789,957
-61,490
| -7% | -$511K |
|
955
Ollie's Bargain Outlet
OLLI
$8.08B
| $6.53M | 0.01% |
98,189
+4,664
| +5% | +$310K |
|
956
Dana Inc
DAN
$2.77B
| $6.53M | 0.01% |
478,803
-4,897
| -1% | -$66.7K |
|
|
AMED
957
DELISTED
Amedisys
AMED
| $6.53M | 0.01% |
55,715
-2,509
| -4% | -$294K |
|
958
Skywest
SKYW
$4.36B
| $6.52M | 0.01% |
146,607
+6,636
| +5% | +$295K |
|
959
Strategic Education
STRA
$2B
| $6.5M | 0.01% |
57,341
-5,775
| -9% | -$655K |
|
960
Ternium
TX
$6.81B
| $6.5M | 0.01% |
239,930
-19,719
| -8% | -$534K |
|
|
CONE
961
DELISTED
CyrusOne Inc Common Stock
CONE
| $6.5M | 0.01% |
122,932
-7,880
| -6% | -$417K |
|
|
BBBY
962
DELISTED
Bed Bath & Beyond Inc
BBBY
| $6.5M | 0.01% |
574,107
-37,581
| -6% | -$425K |
|
963
First Horizon
FHN
$11.5B
| $6.5M | 0.01% |
493,780
-32,614
| -6% | -$429K |
|
964
Helen of Troy
HELE
$565M
| $6.48M | 0.01% |
49,414
-3,552
| -7% | -$466K |
|
965
Kemper
KMPR
$3.36B
| $6.48M | 0.01% |
97,611
-22,536
| -19% | -$1.5M |
|
966
ADT
ADT
$7.23B
| $6.48M | 0.01% |
1,077,697
-52,400
| -5% | -$315K |
|
|
STL
967
DELISTED
Sterling Bancorp
STL
| $6.47M | 0.01% |
391,929
+136,346
| +53% | +$2.25M |
|
968
Cable One
CABO
$953M
| $6.47M | 0.01% |
7,889
+692
| +10% | +$568K |
|
969
Iridium Communications
IRDM
$1.89B
| $6.46M | 0.01% |
350,369
-36,459
| -9% | -$673K |
|
970
Saic
SAIC
$4.93B
| $6.4M | 0.01% |
100,535
-5,448
| -5% | -$347K |
|
971
KBR
KBR
$6.4B
| $6.39M | 0.01% |
421,130
-10,610
| -2% | -$161K |
|
|
SC
972
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $6.39M | 0.01% |
363,388
-128,078
| -26% | -$2.25M |
|
973
Huntsman Corp
HUN
$1.9B
| $6.39M | 0.01% |
330,988
-5,486
| -2% | -$106K |
|
974
RLI Corp
RLI
$6.16B
| $6.38M | 0.01% |
185,080
-9,342
| -5% | -$322K |
|
975
Ubiquiti
UI
$36.5B
| $6.37M | 0.01% |
64,042
-8,550
| -12% | -$850K |
|