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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Avient
AVNT
$3.42B
| $6.75M | 0.01% |
164,929
-15,207
| -8% | -$622K |
|
1002
Weatherford International
WFRD
$4.58B
| $6.74M | 0.01% |
101,512
+18,924
| +23% | +$1.26M |
|
1003
Mueller Industries
MLI
$10.6B
| $6.7M | 0.01% |
76,807
+8,115
| +12% | +$708K |
|
1004
Independence Realty Trust
IRT
$4.23B
| $6.69M | 0.01% |
366,963
-41,574
| -10% | -$757K |
|
1005
Kilroy Realty
KRC
$4.92B
| $6.68M | 0.01% |
222,098
-9,964
| -4% | -$300K |
|
1006
Vornado Realty Trust
VNO
$7.3B
| $6.67M | 0.01% |
367,564
+23,027
| +7% | +$418K |
|
1007
Itron
ITRI
$5.62B
| $6.65M | 0.01% |
92,241
-8,749
| -9% | -$631K |
|
1008
Cousins Properties
CUZ
$4.95B
| $6.61M | 0.01% |
289,863
+13,954
| +5% | +$318K |
|
1009
Columbia Banking Systems
COLB
$5.63B
| $6.51M | 0.01% |
320,856
-9,249
| -3% | -$188K |
|
1010
Comfort Systems
FIX
$24.8B
| $6.49M | 0.01% |
39,534
+8,538
| +28% | +$1.4M |
|
1011
Brighthouse Financial
BHF
$2.7B
| $6.47M | 0.01% |
136,547
-16,365
| -11% | -$775K |
|
1012
Blackstone Mortgage Trust
BXMT
$3.36B
| $6.46M | 0.01% |
310,379
-15,433
| -5% | -$321K |
|
1013
Quaker Houghton
KWR
$2.52B
| $6.37M | 0.01% |
32,702
| – | – |
|
1014
Applied Industrial Technologies
AIT
$9.95B
| $6.34M | 0.01% |
43,805
+2,587
| +6% | +$375K |
|
|
LTHM
1015
DELISTED
Livent Corporation
LTHM
| $6.28M | 0.01% |
228,982
-24,023
| -9% | -$659K |
|
1016
Howard Hughes
HHH
$4.53B
| $6.24M | 0.01% |
79,039
-4,405
| -5% | -$348K |
|
|
ETRN
1017
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.22M | 0.01% |
650,937
| – | – |
|
1018
Clarivate
CLVT
$2.92B
| $6.21M | 0.01% |
651,298
-33,113
| -5% | -$316K |
|
1019
PENN Entertainment
PENN
$2.95B
| $6.19M | 0.01% |
257,732
-47,771
| -16% | -$1.15M |
|
1020
Yeti Holdings
YETI
$2.86B
| $6.18M | 0.01% |
158,988
+1,734
| +1% | +$67.3K |
|
1021
Synaptics
SYNA
$2.7B
| $6.15M | 0.01% |
71,990
-6,764
| -9% | -$578K |
|
1022
UMB Financial
UMBF
$9.26B
| $6.13M | 0.01% |
100,703
-869
| -0.9% | -$52.9K |
|
1023
Matsons
MATX
$3.31B
| $6.06M | 0.01% |
78,013
-4,060
| -5% | -$316K |
|
1024
Armstrong World Industries
AWI
$8.47B
| $6.04M | 0.01% |
82,158
-7,390
| -8% | -$543K |
|
|
AZEK
1025
DELISTED
The AZEK Co
AZEK
| $5.98M | 0.01% |
197,565
-4,209
| -2% | -$127K |
|