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 | |
|---|---|---|---|---|---|---|
701
ITT
ITT
$13.9B
| $11.4M | 0.01% |
173,882
-32,645
| -16% | -$2.14M |
|
702
Curtiss-Wright
CW
$19.3B
| $11.4M | 0.01% |
89,499
-20,006
| -18% | -$2.54M |
|
703
Albemarle
ALB
$8.83B
| $11.4M | 0.01% |
161,564
-2,776
| -2% | -$195K |
|
704
Old Republic International
ORI
$10.1B
| $11.2M | 0.01% |
499,137
-35,064
| -7% | -$785K |
|
705
Genpact
G
$7.55B
| $11.1M | 0.01% |
292,530
-8,267
| -3% | -$315K |
|
|
GLIBA
706
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $11.1M | 0.01% |
181,176
+5,787
| +3% | +$356K |
|
707
Oshkosh
OSK
$8.88B
| $11.1M | 0.01% |
133,230
+7,491
| +6% | +$625K |
|
|
PRAH
708
DELISTED
PRA Health Sciences, Inc.
PRAH
| $11.1M | 0.01% |
111,886
-8,215
| -7% | -$814K |
|
709
CubeSmart
CUBE
$9.49B
| $11.1M | 0.01% |
331,513
+8,910
| +3% | +$298K |
|
710
Affiliated Managers Group
AMG
$6.7B
| $11.1M | 0.01% |
119,946
-26,144
| -18% | -$2.41M |
|
|
SAGE
711
DELISTED
Sage Therapeutics
SAGE
| $11M | 0.01% |
60,200
-1,400
| -2% | -$256K |
|
|
HPP
712
Hudson Pacific Properties
HPP
$1.12B
| $11M | 0.01% |
331,012
-51,960
| -14% | -$1.73M |
|
713
News Corp Class A
NWSA
$16.6B
| $11M | 0.01% |
812,338
+17,973
| +2% | +$242K |
|
714
Keurig Dr Pepper
KDP
$37.5B
| $10.9M | 0.01% |
377,454
+39
| +0% | +$1.13K |
|
715
Toll Brothers
TOL
$14.2B
| $10.9M | 0.01% |
297,883
-84,631
| -22% | -$3.1M |
|
716
Guidewire Software
GWRE
$21.3B
| $10.9M | 0.01% |
107,387
-3,151
| -3% | -$319K |
|
717
Bruker
BRKR
$4.87B
| $10.8M | 0.01% |
217,205
-50,845
| -19% | -$2.54M |
|
718
Charles River Laboratories
CRL
$7.86B
| $10.8M | 0.01% |
76,386
-3,613
| -5% | -$513K |
|
719
Commerce Bancshares
CBSH
$8.02B
| $10.8M | 0.01% |
243,368
-66,161
| -21% | -$2.95M |
|
720
VICI Properties
VICI
$35.4B
| $10.8M | 0.01% |
491,384
+73,079
| +17% | +$1.61M |
|
721
Post Holdings
POST
$5.76B
| $10.8M | 0.01% |
158,875
+5,149
| +3% | +$350K |
|
722
Dell
DELL
$84.3B
| $10.8M | 0.01% |
418,248
-8,032
| -2% | -$207K |
|
723
East-West Bancorp
EWBC
$15.1B
| $10.8M | 0.01% |
230,120
-25,644
| -10% | -$1.2M |
|
724
Radian Group
RDN
$4.81B
| $10.7M | 0.01% |
469,687
-96,689
| -17% | -$2.21M |
|
725
Ryman Hospitality Properties
RHP
$6.35B
| $10.7M | 0.01% |
132,347
-19,266
| -13% | -$1.56M |
|