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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Five Below
FIVE
$7.99B
| $12.4M | 0.02% |
99,408
-7,851
| -7% | -$975K |
|
702
Grand Canyon Education
LOPE
$5.78B
| $12.3M | 0.02% |
107,698
-15,815
| -13% | -$1.81M |
|
703
CACI
CACI
$10.9B
| $12.3M | 0.02% |
67,687
-7,503
| -10% | -$1.37M |
|
|
DNKN
704
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $12.3M | 0.02% |
163,974
-5,545
| -3% | -$416K |
|
705
Woodward
WWD
$14.4B
| $12.3M | 0.02% |
129,556
-20,080
| -13% | -$1.91M |
|
706
East-West Bancorp
EWBC
$14.9B
| $12.3M | 0.02% |
255,764
-24,306
| -9% | -$1.17M |
|
707
Openlane
KAR
$3.16B
| $12.2M | 0.02% |
627,726
-172,729
| -22% | -$3.35M |
|
708
Synovus
SNV
$7.15B
| $12.2M | 0.02% |
353,669
+11,520
| +3% | +$396K |
|
709
SEI Investments
SEIC
$10.8B
| $12.1M | 0.01% |
232,115
-13,711
| -6% | -$716K |
|
710
EPR Properties
EPR
$4.27B
| $12.1M | 0.01% |
156,747
-10,098
| -6% | -$777K |
|
711
Bright Horizons
BFAM
$6.41B
| $12M | 0.01% |
94,403
-846
| -0.9% | -$108K |
|
|
BMS
712
DELISTED
Bemis
BMS
| $12M | 0.01% |
215,928
-11,557
| -5% | -$641K |
|
713
ITT
ITT
$13.9B
| $12M | 0.01% |
206,527
-16,280
| -7% | -$944K |
|
714
MSC Industrial Direct
MSM
$5.15B
| $12M | 0.01% |
144,621
+318
| +0.2% | +$26.3K |
|
715
Nektar Therapeutics
NKTR
$846M
| $12M | 0.01% |
23,733
-3,664
| -13% | -$1.85M |
|
716
Euronet Worldwide
EEFT
$3.59B
| $11.9M | 0.01% |
83,632
-8,056
| -9% | -$1.15M |
|
717
Erie Indemnity
ERIE
$17.6B
| $11.9M | 0.01% |
66,688
+3,101
| +5% | +$554K |
|
718
Williams-Sonoma
WSM
$24.8B
| $11.8M | 0.01% |
421,158
-119,282
| -22% | -$3.36M |
|
719
Okta
OKTA
$16B
| $11.8M | 0.01% |
142,990
+1,090
| +0.8% | +$90.2K |
|
720
Texas Pacific Land
TPL
$21.5B
| $11.8M | 0.01% |
45,765
-4,521
| -9% | -$1.17M |
|
721
Axalta
AXTA
$6.83B
| $11.8M | 0.01% |
466,234
-123,569
| -21% | -$3.12M |
|
722
Radian Group
RDN
$4.82B
| $11.7M | 0.01% |
566,376
+117,326
| +26% | +$2.43M |
|
|
NBIS
723
Nebius Group N.V. Class A Ordinary Shares
NBIS
$21.9B
| $11.7M | 0.01% |
342,004
-196
| -0.1% | -$6.73K |
|
724
Polaris
PII
$3.37B
| $11.7M | 0.01% |
138,912
+15,269
| +12% | +$1.29M |
|
725
Aecom
ACM
$16.9B
| $11.7M | 0.01% |
394,904
-28,417
| -7% | -$843K |
|