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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
A.O. Smith
AOS
$10.3B
| $12.3M | 0.01% |
261,238
-46,625
| -15% | -$2.2M |
|
677
Kilroy Realty
KRC
$5.08B
| $12.3M | 0.01% |
166,751
-29,507
| -15% | -$2.18M |
|
|
DISH
678
DELISTED
DISH Network Corp.
DISH
| $12.3M | 0.01% |
319,334
-30,081
| -9% | -$1.16M |
|
679
PVH
PVH
$3.96B
| $12.2M | 0.01% |
129,421
+13,138
| +11% | +$1.24M |
|
680
Donaldson
DCI
$9.42B
| $12.2M | 0.01% |
240,789
-15,777
| -6% | -$802K |
|
681
Hexcel
HXL
$5.01B
| $12.2M | 0.01% |
150,347
-34,546
| -19% | -$2.79M |
|
682
US Foods
USFD
$18B
| $12.2M | 0.01% |
339,988
+30,947
| +10% | +$1.11M |
|
|
ZAYO
683
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $12.1M | 0.01% |
368,435
-19,318
| -5% | -$636K |
|
684
JetBlue
JBLU
$1.89B
| $12.1M | 0.01% |
655,308
-199,346
| -23% | -$3.69M |
|
|
GWR
685
DELISTED
Genesee & Wyoming Inc.
GWR
| $12.1M | 0.01% |
120,935
-32,568
| -21% | -$3.26M |
|
686
Trex
TREX
$6.66B
| $12M | 0.01% |
335,760
-44,580
| -12% | -$1.6M |
|
687
Mohawk Industries
MHK
$8.62B
| $12M | 0.01% |
81,315
-18,874
| -19% | -$2.78M |
|
688
Hanesbrands
HBI
$2.24B
| $12M | 0.01% |
695,734
+719
| +0.1% | +$12.4K |
|
689
Woodward
WWD
$14.3B
| $12M | 0.01% |
105,731
-23,825
| -18% | -$2.7M |
|
690
Aecom
ACM
$16.8B
| $12M | 0.01% |
315,958
-78,946
| -20% | -$2.99M |
|
|
COUP
691
DELISTED
Coupa Software Incorporated
COUP
| $12M | 0.01% |
94,382
+7,381
| +8% | +$935K |
|
692
National Fuel Gas
NFG
$7.93B
| $11.8M | 0.01% |
223,521
-27,744
| -11% | -$1.46M |
|
|
STOR
693
DELISTED
STORE Capital Corporation
STOR
| $11.8M | 0.01% |
355,176
+38,141
| +12% | +$1.27M |
|
694
FirstCash
FCFS
$6.52B
| $11.8M | 0.01% |
117,850
-13,799
| -10% | -$1.38M |
|
|
CTLT
695
DELISTED
CATALENT, INC.
CTLT
| $11.8M | 0.01% |
217,252
+20,837
| +11% | +$1.13M |
|
696
CACI
CACI
$10.8B
| $11.7M | 0.01% |
57,364
-10,323
| -15% | -$2.11M |
|
697
Five Below
FIVE
$8.01B
| $11.6M | 0.01% |
96,621
-2,787
| -3% | -$334K |
|
698
Gentex
GNTX
$6.23B
| $11.6M | 0.01% |
470,574
-23,554
| -5% | -$580K |
|
699
Louisiana-Pacific
LPX
$6.77B
| $11.5M | 0.01% |
437,037
-33,282
| -7% | -$873K |
|
700
MDU Resources
MDU
$3.33B
| $11.4M | 0.01% |
1,161,239
-321,893
| -22% | -$3.16M |
|