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 | |
|---|---|---|---|---|---|---|
726
Crane NXT
CXT
$3.55B
| $11.7M | 0.01% |
398,477
-10,995
| -3% | -$323K |
|
727
Trex
TREX
$6.65B
| $11.7M | 0.01% |
380,340
-14,750
| -4% | -$454K |
|
728
Black Hills Corp
BKH
$4.29B
| $11.7M | 0.01% |
157,913
+10,341
| +7% | +$766K |
|
|
FLG
729
Flagstar Financial, Inc.
FLG
$5.28B
| $11.7M | 0.01% |
335,839
-60,679
| -15% | -$2.11M |
|
730
Charles River Laboratories
CRL
$7.7B
| $11.6M | 0.01% |
79,999
-5,494
| -6% | -$798K |
|
731
Chemours
CC
$2.5B
| $11.5M | 0.01% |
310,357
-8,334
| -3% | -$310K |
|
732
Ziff Davis
ZD
$1.53B
| $11.5M | 0.01% |
152,849
-2,781
| -2% | -$209K |
|
733
LivaNova
LIVN
$3.11B
| $11.5M | 0.01% |
118,181
-4,582
| -4% | -$446K |
|
734
Louisiana-Pacific
LPX
$6.77B
| $11.5M | 0.01% |
470,319
+30,324
| +7% | +$739K |
|
735
FirstCash
FCFS
$6.49B
| $11.4M | 0.01% |
131,649
-20,929
| -14% | -$1.81M |
|
736
Brunswick
BC
$4.32B
| $11.4M | 0.01% |
225,983
-6,012
| -3% | -$303K |
|
737
Bath & Body Works
BBWI
$5.73B
| $11.3M | 0.01% |
508,776
-236,456
| -32% | -$5.27M |
|
|
ARRS
738
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $11.3M | 0.01% |
358,751
-55,337
| -13% | -$1.75M |
|
739
Dick's Sporting Goods
DKS
$20.6B
| $11.3M | 0.01% |
306,861
-31,368
| -9% | -$1.15M |
|
740
Ciena
CIEN
$18.9B
| $11.3M | 0.01% |
302,418
-8,660
| -3% | -$323K |
|
741
MGIC Investment
MTG
$6.66B
| $11.3M | 0.01% |
853,774
+98,049
| +13% | +$1.29M |
|
742
Aramark
ARMK
$10.2B
| $11.3M | 0.01% |
527,286
-1,094,865
| -67% | -$23.4M |
|
743
Encompass Health
EHC
$12.7B
| $11.2M | 0.01% |
242,089
-35,929
| -13% | -$1.67M |
|
|
EQC
744
DELISTED
Equity Commonwealth
EQC
| $11.2M | 0.01% |
343,732
+18,909
| +6% | +$618K |
|
745
Old Republic International
ORI
$9.98B
| $11.2M | 0.01% |
534,201
-41,356
| -7% | -$865K |
|
746
Melco Resorts & Entertainment
MLCO
$3.83B
| $11.1M | 0.01% |
493,079
-7,400
| -1% | -$167K |
|
747
Hawaiian Electric Industries
HE
$2.09B
| $11.1M | 0.01% |
271,684
-4,549
| -2% | -$185K |
|
|
DISH
748
DELISTED
DISH Network Corp.
DISH
| $11.1M | 0.01% |
349,415
-44,493
| -11% | -$1.41M |
|
749
Rithm Capital
RITM
$6.68B
| $11M | 0.01% |
652,417
-113,391
| -15% | -$1.92M |
|
|
ZAYO
750
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $11M | 0.01% |
387,753
-734,819
| -65% | -$20.9M |
|