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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Albertsons Companies
ACI
$10.7B
| $7.44M | 0.01% |
358,486
-26,581
| -7% | -$551K |
|
|
AIMC
1002
DELISTED
Altra Industrial Motion Corp.
AIMC
| $7.39M | 0.01% |
123,730
-31,860
| -20% | -$1.9M |
|
1003
Clarivate
CLVT
$2.96B
| $7.35M | 0.01% |
881,892
-122,907
| -12% | -$1.03M |
|
1004
Bank of Hawaii
BOH
$2.72B
| $7.27M | 0.01% |
93,773
+2,749
| +3% | +$213K |
|
1005
Avient
AVNT
$3.45B
| $7.26M | 0.01% |
215,123
-2,257
| -1% | -$76.2K |
|
1006
Kemper
KMPR
$3.39B
| $7.25M | 0.01% |
147,343
+1,247
| +0.9% | +$61.4K |
|
1007
Elastic
ESTC
$9.21B
| $7.24M | 0.01% |
140,672
-18,374
| -12% | -$946K |
|
1008
Sensient Technologies
SXT
$4.79B
| $7.24M | 0.01% |
99,325
-2,305
| -2% | -$168K |
|
1009
Howard Hughes
HHH
$4.69B
| $7.22M | 0.01% |
99,094
-4,752
| -5% | -$346K |
|
1010
Meritage Homes
MTH
$5.89B
| $7.22M | 0.01% |
156,554
-1,236
| -0.8% | -$57K |
|
1011
Armstrong World Industries
AWI
$8.58B
| $7.2M | 0.01% |
104,951
+192
| +0.2% | +$13.2K |
|
1012
Texas Capital Bancshares
TCBI
$3.96B
| $7.13M | 0.01% |
118,213
-988
| -0.8% | -$59.6K |
|
1013
Carter's
CRI
$1.05B
| $7.13M | 0.01% |
95,498
-912
| -0.9% | -$68K |
|
1014
Signet Jewelers
SIG
$3.85B
| $7.12M | 0.01% |
104,676
-2,449
| -2% | -$167K |
|
|
SJI
1015
DELISTED
South Jersey Industries, Inc.
SJI
| $7.11M | 0.01% |
200,068
+35,436
| +22% | +$1.26M |
|
|
JBTM
1016
JBT Marel Corporation
JBTM
$7.35B
| $7.04M | 0.01% |
77,113
+2,301
| +3% | +$210K |
|
1017
Travel + Leisure Co
TNL
$4.08B
| $7.04M | 0.01% |
193,412
-6,430
| -3% | -$234K |
|
1018
Natera
NTRA
$23.1B
| $6.99M | 0.01% |
173,988
-9,948
| -5% | -$400K |
|
1019
Chegg
CHGG
$185M
| $6.93M | 0.01% |
274,330
-2,352
| -0.9% | -$59.4K |
|
1020
Teladoc Health
TDOC
$1.38B
| $6.92M | 0.01% |
292,623
-63,364
| -18% | -$1.5M |
|
1021
GlobalFoundries
GFS
$18.5B
| $6.9M | 0.01% |
128,006
+11,044
| +9% | +$595K |
|
1022
Highwoods Properties
HIW
$3.44B
| $6.87M | 0.01% |
245,432
+5,787
| +2% | +$162K |
|
1023
Assured Guaranty
AGO
$3.91B
| $6.86M | 0.01% |
110,123
+14,629
| +15% | +$911K |
|
1024
TAL Education Group
TAL
$6.17B
| $6.83M | 0.01% |
968,110
-7,510
| -0.8% | -$52.9K |
|
1025
Sabra Healthcare REIT
SBRA
$4.56B
| $6.82M | 0.01% |
548,739
-2,960
| -0.5% | -$36.8K |
|