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 | |
|---|---|---|---|---|---|---|
751
Post Holdings
POST
$5.78B
| $11M | 0.01% |
153,726
+5,692
| +4% | +$408K |
|
752
Newell Brands
NWL
$2.55B
| $11M | 0.01% |
714,928
-389,642
| -35% | -$5.98M |
|
753
Janus Henderson
JHG
$7.06B
| $11M | 0.01% |
438,351
-6,500
| -1% | -$162K |
|
754
Neurocrine Biosciences
NBIX
$14.2B
| $10.9M | 0.01% |
124,100
-42,576
| -26% | -$3.75M |
|
755
Take-Two Interactive
TTWO
$45.5B
| $10.9M | 0.01% |
115,826
-3,448
| -3% | -$325K |
|
|
UFS
756
DELISTED
DOMTAR CORPORATION (New)
UFS
| $10.9M | 0.01% |
220,081
-27,344
| -11% | -$1.36M |
|
757
Jabil
JBL
$23.1B
| $10.9M | 0.01% |
410,885
-73,825
| -15% | -$1.96M |
|
758
Essential Utilities
WTRG
$10.6B
| $10.9M | 0.01% |
299,454
+16,839
| +6% | +$614K |
|
759
Knight Transportation
KNX
$6.91B
| $10.8M | 0.01% |
331,155
+81,315
| +33% | +$2.66M |
|
|
NUAN
760
DELISTED
Nuance Communications, Inc.
NUAN
| $10.8M | 0.01% |
737,592
-154,186
| -17% | -$2.26M |
|
761
Owens Corning
OC
$13.1B
| $10.8M | 0.01% |
229,161
+20,001
| +10% | +$942K |
|
|
ACC
762
DELISTED
American Campus Communities, Inc.
ACC
| $10.8M | 0.01% |
226,826
-25,929
| -10% | -$1.23M |
|
763
US Foods
USFD
$18B
| $10.8M | 0.01% |
309,041
-30,142
| -9% | -$1.05M |
|
764
Middleby
MIDD
$7.09B
| $10.7M | 0.01% |
82,625
-3,549
| -4% | -$461K |
|
765
Guidewire Software
GWRE
$21.2B
| $10.7M | 0.01% |
110,538
-5,475
| -5% | -$532K |
|
766
Lazard
LAZ
$5.37B
| $10.7M | 0.01% |
295,392
-24,338
| -8% | -$880K |
|
767
Masimo
MASI
$7.91B
| $10.7M | 0.01% |
77,118
-807
| -1% | -$112K |
|
768
Saic
SAIC
$4.82B
| $10.7M | 0.01% |
138,491
+37,956
| +38% | +$2.92M |
|
769
Emcor
EME
$28.8B
| $10.6M | 0.01% |
145,651
-7,110
| -5% | -$520K |
|
770
Fluor
FLR
$6.65B
| $10.6M | 0.01% |
288,981
-120,536
| -29% | -$4.44M |
|
|
STOR
771
DELISTED
STORE Capital Corporation
STOR
| $10.6M | 0.01% |
317,035
+9,401
| +3% | +$315K |
|
772
Brixmor Property Group
BRX
$8.57B
| $10.6M | 0.01% |
577,096
+59,447
| +11% | +$1.09M |
|
773
Universal Display
OLED
$6.57B
| $10.6M | 0.01% |
69,300
-2,124
| -3% | -$325K |
|
774
Genpact
G
$7.52B
| $10.6M | 0.01% |
300,797
-36,552
| -11% | -$1.29M |
|
775
Keurig Dr Pepper
KDP
$37.6B
| $10.6M | 0.01% |
377,415
-9,567
| -2% | -$268K |
|