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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
Gentex
GNTX
$6.15B
| $13.3M | 0.02% |
578,248
-28,364
| -5% | -$653K |
|
752
Woodward
WWD
$14.3B
| $13.3M | 0.02% |
173,059
+16,977
| +11% | +$1.3M |
|
|
BBBY
753
DELISTED
Bed Bath & Beyond Inc
BBBY
| $13.2M | 0.02% |
664,964
-42,200
| -6% | -$841K |
|
754
Cullen/Frost Bankers
CFR
$8.11B
| $13.2M | 0.02% |
122,227
-14,118
| -10% | -$1.53M |
|
755
Nordson
NDSN
$12.6B
| $13.2M | 0.02% |
102,855
-6,474
| -6% | -$831K |
|
756
Highwoods Properties
HIW
$3.44B
| $13.2M | 0.02% |
260,131
+33,925
| +15% | +$1.72M |
|
757
CACI
CACI
$10.7B
| $13.2M | 0.02% |
78,084
+2,970
| +4% | +$501K |
|
758
Emcor
EME
$28.4B
| $13.1M | 0.02% |
171,611
+25,595
| +18% | +$1.95M |
|
759
ITT
ITT
$13.6B
| $13.1M | 0.02% |
249,982
+23,107
| +10% | +$1.21M |
|
|
DCT
760
DELISTED
DCT Industrial Trust Inc.
DCT
| $13.1M | 0.02% |
195,703
-38,165
| -16% | -$2.55M |
|
|
GWR
761
DELISTED
Genesee & Wyoming Inc.
GWR
| $13M | 0.02% |
160,394
+21,093
| +15% | +$1.72M |
|
762
Prosperity Bancshares
PB
$6.4B
| $13M | 0.02% |
190,682
+6,192
| +3% | +$423K |
|
763
FirstCash
FCFS
$6.46B
| $13M | 0.02% |
144,825
-26,402
| -15% | -$2.37M |
|
764
Nektar Therapeutics
NKTR
$916M
| $13M | 0.02% |
17,759
-1,590
| -8% | -$1.16M |
|
765
LivaNova
LIVN
$3.09B
| $13M | 0.02% |
129,998
-23,841
| -15% | -$2.38M |
|
766
Howmet Aerospace
HWM
$74.1B
| $12.9M | 0.02% |
988,952
-78,894
| -7% | -$1.03M |
|
767
US Foods
USFD
$17.5B
| $12.8M | 0.02% |
338,749
-42,281
| -11% | -$1.6M |
|
768
Graphic Packaging
GPK
$6.14B
| $12.8M | 0.02% |
882,150
+105,175
| +14% | +$1.53M |
|
|
NUAN
769
DELISTED
Nuance Communications, Inc.
NUAN
| $12.8M | 0.02% |
1,064,297
+194,127
| +22% | +$2.33M |
|
770
Crane NXT
CXT
$3.49B
| $12.8M | 0.02% |
459,598
+26,202
| +6% | +$729K |
|
771
Urban Outfitters
URBN
$6.33B
| $12.8M | 0.02% |
286,894
-66,000
| -19% | -$2.94M |
|
772
U-Haul Holding Co
UHAL
$10.8B
| $12.7M | 0.02% |
357,350
+74,720
| +26% | +$2.66M |
|
773
Kirby Corp
KEX
$4.85B
| $12.7M | 0.02% |
151,848
+19,725
| +15% | +$1.65M |
|
774
Littelfuse
LFUS
$6.54B
| $12.7M | 0.02% |
55,538
-7,804
| -12% | -$1.78M |
|
775
Monolithic Power Systems
MPWR
$41B
| $12.7M | 0.02% |
94,750
-13,085
| -12% | -$1.75M |
|