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 |
Vanguard S&P 500 ETF
VOO
|
$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
$334M |
| 3 |
Abbott
ABT
|
$271M |
| 4 |
Stryker
SYK
|
$155M |
| 5 |
McDonald's
MCD
|
$154M |
Top Sells
| 1 |
Apple
AAPL
|
$1.14B |
| 2 |
Costco
COST
|
$440M |
| 3 |
Oracle
ORCL
|
$194M |
| 4 |
Micron Technology
MU
|
$192M |
| 5 |
Gilead Sciences
GILD
|
$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
BCE
BCE
$22.7B
| – | – |
0
| – | – |
|
1127
Chemours
CC
$2.43B
| – | – |
-173,282
| Closed | -$2.93M |
|
1128
Coca-Cola Europacific Partners
CCEP
$40.9B
| – | – |
-371,378
| Closed | -$28.5M |
|
1129
Clarivate
CLVT
$3.01B
| – | – |
-690,832
| Closed | -$3.51M |
|
1130
Concentrix
CNXC
$3.31B
| – | – |
-80,228
| Closed | -$3.47M |
|
1131
Coty
COTY
$3.77B
| – | – |
-596,553
| Closed | -$4.15M |
|
1132
Capri Holdings
CPRI
$2.44B
| – | – |
-174,469
| Closed | -$3.67M |
|
1133
Enovis
ENOV
$1.79B
| – | – |
-65,842
| Closed | -$2.89M |
|
1134
Foot Locker
FL
$2.29B
| – | – |
-133,652
| Closed | -$2.91M |
|
|
HUYA
1135
Huya Inc
HUYA
$774M
| – | – |
-34,981
| Closed | -$107K |
|
1136
Innovative Industrial Properties
IIPR
$1.59B
| – | – |
-51,613
| Closed | -$3.44M |
|
1137
Liberty Global Class A
LBTYA
$3.99B
| – | – |
-420,811
| Closed | -$5.37M |
|
1138
ManpowerGroup
MAN
$1.78B
| – | – |
-84,946
| Closed | -$4.9M |
|
1139
Neogen
NEOG
$1.23B
| – | – |
-257,624
| Closed | -$3.13M |
|
1140
PBF Energy
PBF
$3.29B
| – | – |
-159,535
| Closed | -$4.24M |
|
1141
Polaris
PII
$3.35B
| – | – |
-104,092
| Closed | -$6M |
|
1142
Transocean
RIG
$2.98B
| – | – |
-876,510
| Closed | -$3.29M |
|
1143
RingCentral
RNG
$2.94B
| – | – |
-147,783
| Closed | -$5.17M |
|
1144
Sunrun
RUN
$3.9B
| – | – |
-263,607
| Closed | -$2.44M |
|
1145
Seadrill
SDRL
$2.03B
| – | – |
-97,182
| Closed | -$3.78M |
|
1146
Transmedics
TMDX
$3.6B
| – | – |
-40,302
| Closed | -$2.51M |
|
1147
TriNet
TNET
$3.38B
| – | – |
-58,396
| Closed | -$5.3M |
|
1148
10x Genomics
TXG
$1.73B
| – | – |
-147,311
| Closed | -$2.12M |
|
1149
Visteon
VC
$3.51B
| – | – |
-53,447
| Closed | -$4.74M |
|
1150
Weibo
WB
$2.82B
| – | – |
-92,309
| Closed | -$882K |
|