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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
RingCentral
RNG
$2.81B
| $15M | 0.02% |
161,438
+5,342
| +3% | +$497K |
|
702
Texas Pacific Land
TPL
$21.5B
| $14.9M | 0.02% |
51,993
+5,373
| +12% | +$1.54M |
|
703
Curtiss-Wright
CW
$19.3B
| $14.9M | 0.02% |
108,775
+10,780
| +11% | +$1.48M |
|
704
EPAM Systems
EPAM
$8.8B
| $14.9M | 0.02% |
108,521
+9,754
| +10% | +$1.34M |
|
705
Cleveland-Cliffs
CLF
$5.83B
| $14.9M | 0.02% |
1,179,936
-125,183
| -10% | -$1.58M |
|
706
Transocean
RIG
$3.06B
| $14.9M | 0.02% |
1,070,030
-63,783
| -6% | -$890K |
|
|
UFS
707
DELISTED
DOMTAR CORPORATION (New)
UFS
| $14.9M | 0.02% |
285,531
+51,267
| +22% | +$2.67M |
|
|
EVHC
708
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $14.9M | 0.02% |
324,975
-11,414
| -3% | -$522K |
|
709
Equity Lifestyle Properties
ELS
$11.9B
| $14.8M | 0.02% |
306,164
-9,480
| -3% | -$457K |
|
710
Old Republic International
ORI
$10B
| $14.7M | 0.02% |
656,519
-77,791
| -11% | -$1.74M |
|
711
U-Haul Holding Co
UHAL
$11B
| $14.7M | 0.02% |
411,100
+53,750
| +15% | +$1.92M |
|
712
Grand Canyon Education
LOPE
$5.83B
| $14.6M | 0.02% |
129,794
-2,320
| -2% | -$262K |
|
713
Donaldson
DCI
$9.44B
| $14.6M | 0.02% |
250,517
-27,653
| -10% | -$1.61M |
|
714
ITT
ITT
$13.9B
| $14.5M | 0.02% |
236,639
-13,343
| -5% | -$817K |
|
715
Owens Corning
OC
$13.1B
| $14.4M | 0.02% |
266,194
-58,405
| -18% | -$3.17M |
|
|
IDTI
716
DELISTED
Integrated Device Technology I
IDTI
| $14.4M | 0.02% |
306,814
-8,036
| -3% | -$378K |
|
|
PF
717
DELISTED
Pinnacle Foods, Inc.
PF
| $14.4M | 0.02% |
222,505
-62,714
| -22% | -$4.06M |
|
718
Kirby Corp
KEX
$4.89B
| $14.4M | 0.02% |
174,965
+23,117
| +15% | +$1.9M |
|
719
Medical Properties Trust
MPW
$2.76B
| $14.4M | 0.02% |
962,571
-39,231
| -4% | -$585K |
|
720
Landstar System
LSTR
$4.58B
| $14.3M | 0.02% |
117,504
-13,906
| -11% | -$1.7M |
|
721
HEICO Class A
HEI.A
$35.4B
| $14.3M | 0.02% |
189,742
+8,582
| +5% | +$648K |
|
|
SBNY
722
DELISTED
Signature Bank
SBNY
| $14.2M | 0.02% |
124,036
+15,243
| +14% | +$1.75M |
|
723
First American
FAF
$6.96B
| $14.2M | 0.02% |
276,083
-1,040
| -0.4% | -$53.7K |
|
724
Polaris
PII
$3.39B
| $14.2M | 0.02% |
141,040
-15,169
| -10% | -$1.53M |
|
725
Genpact
G
$7.53B
| $14.2M | 0.02% |
465,099
-18,205
| -4% | -$557K |
|