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 | |
|---|---|---|---|---|---|---|
|
ELLI
801
DELISTED
Ellie Mae Inc
ELLI
| $11.9M | 0.02% |
114,752
-20,896
| -15% | -$2.17M |
|
|
LHO
802
DELISTED
LaSalle Hotel Properties
LHO
| $11.9M | 0.02% |
347,942
+673
| +0.2% | +$23K |
|
803
Southern Copper
SCCO
$85.7B
| $11.9M | 0.02% |
266,624
-56,311
| -17% | -$2.51M |
|
804
MKS Inc. Common Stock
MKSI
$7.76B
| $11.8M | 0.02% |
123,518
+7,832
| +7% | +$750K |
|
805
Hexcel
HXL
$5.02B
| $11.8M | 0.02% |
178,042
-28,725
| -14% | -$1.91M |
|
806
Royal Gold
RGLD
$12.4B
| $11.8M | 0.02% |
126,834
-32,633
| -20% | -$3.03M |
|
807
ZTO Express
ZTO
$15.4B
| $11.7M | 0.02% |
586,295
-2,194
| -0.4% | -$43.9K |
|
|
VVC
808
DELISTED
Vectren Corporation
VVC
| $11.7M | 0.02% |
163,682
-26,964
| -14% | -$1.93M |
|
809
News Corp Class A
NWSA
$16.5B
| $11.7M | 0.02% |
753,937
-131,244
| -15% | -$2.03M |
|
810
Sunstone Hotel Investors
SHO
$1.79B
| $11.7M | 0.02% |
701,946
-16,649
| -2% | -$277K |
|
811
Curtiss-Wright
CW
$19.3B
| $11.7M | 0.02% |
97,995
+9,512
| +11% | +$1.13M |
|
|
LM
812
DELISTED
Legg Mason, Inc.
LM
| $11.6M | 0.02% |
335,344
-3,101
| -0.9% | -$108K |
|
813
Texas Roadhouse
TXRH
$11.1B
| $11.6M | 0.02% |
177,749
+3,614
| +2% | +$237K |
|
814
Visteon
VC
$3.49B
| $11.6M | 0.02% |
89,906
-14,867
| -14% | -$1.92M |
|
815
Service Corp International
SCI
$11.3B
| $11.6M | 0.02% |
323,440
-41,433
| -11% | -$1.48M |
|
|
GLIBA
816
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $11.6M | 0.02% |
256,574
-34,704
| -12% | -$1.56M |
|
817
Air Lease Corp
AL
$7.1B
| $11.6M | 0.02% |
275,540
+44,713
| +19% | +$1.88M |
|
818
WEX
WEX
$6.03B
| $11.5M | 0.02% |
60,609
-6,858
| -10% | -$1.31M |
|
|
EV
819
DELISTED
Eaton Vance Corp.
EV
| $11.5M | 0.02% |
220,751
-31,180
| -12% | -$1.63M |
|
820
Cinemark Holdings
CNK
$3.22B
| $11.5M | 0.02% |
328,270
+34,010
| +12% | +$1.19M |
|
821
NewMarket
NEU
$7.95B
| $11.5M | 0.02% |
28,469
-5,935
| -17% | -$2.4M |
|
|
PE
822
DELISTED
PARSLEY ENERGY INC
PE
| $11.5M | 0.02% |
380,130
-88,518
| -19% | -$2.68M |
|
823
Terex
TEX
$3.51B
| $11.5M | 0.02% |
272,706
+22,527
| +9% | +$950K |
|
824
ScottsMiracle-Gro
SMG
$3.55B
| $11.5M | 0.02% |
138,108
+20,465
| +17% | +$1.7M |
|
825
Ciena
CIEN
$18.9B
| $11.4M | 0.02% |
431,216
+52,553
| +14% | +$1.39M |
|