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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
UMPQ
801
DELISTED
Umpqua Holdings Corp
UMPQ
| $10.7M | 0.02% |
584,783
+15,900
| +3% | +$292K |
|
802
Lazard
LAZ
$5.36B
| $10.7M | 0.02% |
231,600
+12,000
| +5% | +$556K |
|
803
Avient
AVNT
$3.4B
| $10.7M | 0.02% |
276,400
+5,300
| +2% | +$205K |
|
804
Medical Properties Trust
MPW
$2.77B
| $10.7M | 0.02% |
831,600
+21,100
| +3% | +$272K |
|
|
DST
805
DELISTED
DST Systems Inc.
DST
| $10.7M | 0.02% |
173,000
+1,600
| +0.9% | +$98.7K |
|
806
Terex
TEX
$3.5B
| $10.7M | 0.02% |
284,100
-12,100
| -4% | -$454K |
|
|
AZPN
807
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $10.6M | 0.02% |
192,700
+2,000
| +1% | +$111K |
|
|
MNK
808
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $10.6M | 0.02% |
237,000
+16,200
| +7% | +$726K |
|
809
First Horizon
FHN
$11.6B
| $10.6M | 0.02% |
609,239
-83,900
| -12% | -$1.46M |
|
810
Avis
CAR
$5.47B
| $10.6M | 0.02% |
389,133
-4,600
| -1% | -$125K |
|
|
TECD
811
DELISTED
Tech Data Corp
TECD
| $10.6M | 0.02% |
104,900
-15,400
| -13% | -$1.56M |
|
|
GPOR
812
DELISTED
Gulfport Energy Corp.
GPOR
| $10.6M | 0.02% |
717,300
+565,500
| +373% | +$8.34M |
|
|
HPP
813
Hudson Pacific Properties
HPP
$1.09B
| $10.6M | 0.02% |
309,300
+149,000
| +93% | +$5.09M |
|
814
Axalta
AXTA
$6.83B
| $10.5M | 0.02% |
328,500
+12,500
| +4% | +$400K |
|
815
Sanmina
SANM
$6.36B
| $10.5M | 0.02% |
276,210
-7,500
| -3% | -$286K |
|
816
Erie Indemnity
ERIE
$17.6B
| $10.5M | 0.02% |
84,000
+1,000
| +1% | +$125K |
|
817
Bank of Hawaii
BOH
$2.71B
| $10.5M | 0.02% |
126,578
-1,000
| -0.8% | -$83K |
|
818
Bank OZK
OZK
$5.9B
| $10.5M | 0.02% |
223,400
+15,000
| +7% | +$703K |
|
819
GameStop
GME
$11B
| $10.5M | 0.02% |
1,937,212
-29,200
| -1% | -$158K |
|
820
American Homes 4 Rent
AMH
$12.7B
| $10.4M | 0.02% |
461,344
+6,300
| +1% | +$142K |
|
|
ZAYO
821
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $10.4M | 0.02% |
336,900
+265,600
| +373% | +$8.21M |
|
822
Crane NXT
CXT
$3.55B
| $10.4M | 0.02% |
376,861
-9,789
| -3% | -$270K |
|
|
ATHN
823
DELISTED
Athenahealth, Inc.
ATHN
| $10.4M | 0.02% |
73,800
+1,600
| +2% | +$225K |
|
824
Encompass Health
EHC
$12.7B
| $10.3M | 0.02% |
268,244
+146,315
| +120% | +$5.63M |
|
|
AHL
825
DELISTED
ASPEN Insurance Holding Limited
AHL
| $10.3M | 0.02% |
207,100
-5,500
| -3% | -$274K |
|