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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIV
626
Aimco
AIV
$1.07B
| $17.7M | 0.02% |
3,147,941
+249,061
| +9% | +$1.4M |
|
|
FLG
627
Flagstar Financial, Inc.
FLG
$5.24B
| $17.5M | 0.02% |
529,144
+78,227
| +17% | +$2.59M |
|
628
Fair Isaac
FICO
$36.7B
| $17.5M | 0.02% |
90,523
-9,470
| -9% | -$1.83M |
|
629
Hubbell
HUBB
$23.5B
| $17.5M | 0.02% |
165,349
+11,434
| +7% | +$1.21M |
|
630
iShares Core MSCI Emerging Markets ETF
IEMG
$105B
| $17.5M | 0.02% |
332,340
+85,621
| +35% | +$4.5M |
|
631
Trimble
TRMB
$19.1B
| $17.4M | 0.02% |
530,558
-13,244
| -2% | -$435K |
|
|
JOYY
632
JOYY Inc. American Depositary Shares
JOYY
$3.23B
| $17.4M | 0.02% |
173,309
+346
| +0.2% | +$34.8K |
|
633
Veeva Systems
VEEV
$45B
| $17.4M | 0.02% |
226,070
-3,417
| -1% | -$263K |
|
634
Lamar Advertising Co
LAMR
$12.8B
| $17.3M | 0.02% |
253,840
+29,557
| +13% | +$2.02M |
|
635
Williams-Sonoma
WSM
$24.7B
| $17.3M | 0.02% |
563,634
-2,598
| -0.5% | -$79.7K |
|
636
Encompass Health
EHC
$12.6B
| $17.3M | 0.02% |
320,731
+52,785
| +20% | +$2.84M |
|
637
Lamb Weston
LW
$7.79B
| $17.2M | 0.02% |
251,757
-42,814
| -15% | -$2.93M |
|
638
Targa Resources
TRGP
$35.2B
| $17.2M | 0.02% |
347,700
-69,400
| -17% | -$3.43M |
|
639
GoDaddy
GDDY
$20.1B
| $17.2M | 0.02% |
243,381
+35,044
| +17% | +$2.47M |
|
640
Teradata
TDC
$1.99B
| $17.2M | 0.02% |
427,860
+25,514
| +6% | +$1.02M |
|
|
PACW
641
DELISTED
PacWest Bancorp
PACW
| $17.1M | 0.02% |
346,992
+893
| +0.3% | +$44.1K |
|
642
Quanta Services
PWR
$58.1B
| $17.1M | 0.02% |
510,467
+19,557
| +4% | +$653K |
|
643
Assured Guaranty
AGO
$3.89B
| $16.9M | 0.02% |
474,371
-10,380
| -2% | -$371K |
|
644
Coterra Energy
CTRA
$18.6B
| $16.9M | 0.02% |
708,211
-218,367
| -24% | -$5.2M |
|
645
Sarepta Therapeutics
SRPT
$1.8B
| $16.8M | 0.02% |
127,228
-18,376
| -13% | -$2.43M |
|
646
W.P. Carey
WPC
$14.8B
| $16.8M | 0.02% |
258,068
+21,764
| +9% | +$1.41M |
|
|
FDC
647
DELISTED
First Data Corporation
FDC
| $16.8M | 0.02% |
801,159
-23,668
| -3% | -$495K |
|
|
ULTI
648
DELISTED
Ultimate Software Group Inc
ULTI
| $16.8M | 0.02% |
65,138
-13,797
| -17% | -$3.55M |
|
|
BERY
649
DELISTED
Berry Global Group, Inc.
BERY
| $16.6M | 0.02% |
394,478
+54,864
| +16% | +$2.31M |
|
650
Kimco Realty
KIM
$15.1B
| $16.6M | 0.02% |
975,704
-86,687
| -8% | -$1.47M |
|