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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
Lincoln Electric
LECO
$13.4B
| $12.7M | 0.02% |
135,486
-8,274
| -6% | -$773K |
|
777
FirstCash
FCFS
$6.57B
| $12.6M | 0.02% |
154,218
+9,393
| +6% | +$770K |
|
778
Pinnacle Financial Partners
PNFP
$7.59B
| $12.6M | 0.02% |
209,798
-27,030
| -11% | -$1.63M |
|
|
S
779
DELISTED
Sprint Corporation
S
| $12.6M | 0.02% |
1,929,034
-57,510
| -3% | -$376K |
|
780
EPR Properties
EPR
$4.31B
| $12.6M | 0.02% |
184,308
-30,598
| -14% | -$2.09M |
|
781
Trinity Industries
TRN
$2.31B
| $12.6M | 0.02% |
477,948
+15,814
| +3% | +$417K |
|
782
Allete
ALE
$3.68B
| $12.6M | 0.02% |
167,632
+67,801
| +68% | +$5.09M |
|
783
NCR Voyix
VYX
$1.8B
| $12.6M | 0.02% |
721,200
-46,346
| -6% | -$808K |
|
784
Wayfair
W
$11.7B
| $12.5M | 0.02% |
84,783
+4,383
| +5% | +$647K |
|
785
CNO Financial Group
CNO
$3.83B
| $12.5M | 0.02% |
589,227
-45,015
| -7% | -$955K |
|
786
Middleby
MIDD
$7.03B
| $12.5M | 0.02% |
96,425
-3,383
| -3% | -$438K |
|
|
BMS
787
DELISTED
Bemis
BMS
| $12.5M | 0.02% |
256,485
-43,006
| -14% | -$2.09M |
|
|
ARRS
788
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $12.3M | 0.02% |
472,825
-32,856
| -6% | -$854K |
|
789
Take-Two Interactive
TTWO
$45.5B
| $12.3M | 0.02% |
89,021
-103,542
| -54% | -$14.3M |
|
|
TMX
790
DELISTED
Terminix Global Holdings, Inc.
TMX
| $12.3M | 0.02% |
295,224
+13,547
| +5% | +$563K |
|
791
TAL Education Group
TAL
$6.54B
| $12.2M | 0.02% |
475,156
+48,785
| +11% | +$1.25M |
|
|
DNB
792
DELISTED
Dun & Bradstreet
DNB
| $12.2M | 0.02% |
85,309
-6,723
| -7% | -$958K |
|
793
Ashland
ASH
$2.5B
| $12.1M | 0.02% |
144,573
-8,084
| -5% | -$678K |
|
794
Associated Banc-Corp
ASB
$4.38B
| $12.1M | 0.02% |
464,240
-32,375
| -7% | -$842K |
|
795
Hexcel
HXL
$4.98B
| $12.1M | 0.02% |
179,900
+1,858
| +1% | +$125K |
|
796
Cullen/Frost Bankers
CFR
$8.23B
| $12M | 0.02% |
114,863
-7,364
| -6% | -$769K |
|
797
Park Hotels & Resorts
PK
$2.4B
| $12M | 0.02% |
365,517
+52,430
| +17% | +$1.72M |
|
798
US Foods
USFD
$18B
| $11.9M | 0.02% |
387,126
+48,377
| +14% | +$1.49M |
|
799
Air Lease Corp
AL
$7.1B
| $11.9M | 0.02% |
259,857
-15,683
| -6% | -$720K |
|
800
Kilroy Realty
KRC
$5.08B
| $11.9M | 0.02% |
166,133
+7,734
| +5% | +$554K |
|