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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CSFL
751
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $14.3M | 0.01% |
571,010
+295,491
| +107% | +$7.38M |
|
752
Vipshop
VIPS
$9.02B
| $14.2M | 0.01% |
1,001,280
+171,992
| +21% | +$2.44M |
|
753
Axalta
AXTA
$6.86B
| $14.2M | 0.01% |
466,672
-22,226
| -5% | -$676K |
|
754
Littelfuse
LFUS
$6.65B
| $14.1M | 0.01% |
73,585
+17,136
| +30% | +$3.28M |
|
755
Keurig Dr Pepper
KDP
$37.5B
| $14M | 0.01% |
483,699
-37,618
| -7% | -$1.09M |
|
756
Radian Group
RDN
$4.8B
| $14M | 0.01% |
556,436
-51,869
| -9% | -$1.31M |
|
757
Cirrus Logic
CRUS
$5.89B
| $14M | 0.01% |
169,744
+39,946
| +31% | +$3.29M |
|
|
ACC
758
DELISTED
American Campus Communities, Inc.
ACC
| $14M | 0.01% |
297,158
+1,681
| +0.6% | +$79.1K |
|
|
AMED
759
DELISTED
Amedisys
AMED
| $14M | 0.01% |
83,695
+8,658
| +12% | +$1.45M |
|
760
Wintrust Financial
WTFC
$9.1B
| $14M | 0.01% |
196,776
+46,629
| +31% | +$3.31M |
|
761
MasTec
MTZ
$15.1B
| $13.9M | 0.01% |
216,904
+62,350
| +40% | +$4M |
|
762
Watsco
WSO
$16.2B
| $13.9M | 0.01% |
77,170
-9,296
| -11% | -$1.67M |
|
763
Portland General Electric
POR
$4.63B
| $13.8M | 0.01% |
248,107
+53,054
| +27% | +$2.96M |
|
764
TEGNA Inc
TGNA
$3.38B
| $13.8M | 0.01% |
828,977
+325,707
| +65% | +$5.44M |
|
765
Haemonetics
HAE
$2.59B
| $13.8M | 0.01% |
120,408
-5,529
| -4% | -$635K |
|
766
Ingevity
NGVT
$2.14B
| $13.8M | 0.01% |
158,325
+77,835
| +97% | +$6.8M |
|
767
Synovus
SNV
$7.18B
| $13.8M | 0.01% |
352,234
-26,244
| -7% | -$1.03M |
|
768
Casey's General Stores
CASY
$20.7B
| $13.8M | 0.01% |
86,666
+2,790
| +3% | +$444K |
|
769
Sonoco
SON
$4.58B
| $13.8M | 0.01% |
222,868
-31,764
| -12% | -$1.96M |
|
770
PG&E
PCG
$33.7B
| $13.7M | 0.01% |
1,261,519
+150,406
| +14% | +$1.63M |
|
771
Allete
ALE
$3.7B
| $13.7M | 0.01% |
168,849
+50,064
| +42% | +$4.06M |
|
772
MSC Industrial Direct
MSM
$5.14B
| $13.7M | 0.01% |
174,590
+40,601
| +30% | +$3.19M |
|
773
First Industrial Realty Trust
FR
$6.9B
| $13.7M | 0.01% |
329,448
+32,185
| +11% | +$1.34M |
|
774
Dayforce
DAY
$10.9B
| $13.6M | 0.01% |
200,368
+66,181
| +49% | +$4.49M |
|
775
Popular Inc
BPOP
$8.4B
| $13.6M | 0.01% |
231,353
-60,674
| -21% | -$3.56M |
|