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 | |
|---|---|---|---|---|---|---|
801
Cinemark Holdings
CNK
$3.24B
| $9.98M | 0.01% |
249,655
-18,873
| -7% | -$755K |
|
802
3D Systems Corporation
DDD
$289M
| $9.97M | 0.01% |
926,694
-3,957
| -0.4% | -$42.6K |
|
803
First American
FAF
$6.93B
| $9.95M | 0.01% |
193,241
-30,137
| -13% | -$1.55M |
|
804
Autohome
ATHM
$3.5B
| $9.93M | 0.01% |
94,471
-100,846
| -52% | -$10.6M |
|
805
Interactive Brokers
IBKR
$28.2B
| $9.92M | 0.01% |
764,432
-42,868
| -5% | -$556K |
|
806
Allete
ALE
$3.68B
| $9.9M | 0.01% |
120,330
-14,666
| -11% | -$1.21M |
|
807
News Corp Class A
NWSA
$16.6B
| $9.88M | 0.01% |
794,365
+156,975
| +25% | +$1.95M |
|
808
Regal Rexnord
RRX
$9.62B
| $9.88M | 0.01% |
120,704
+635
| +0.5% | +$52K |
|
809
Outfront Media
OUT
$3.13B
| $9.82M | 0.01% |
426,250
-40,255
| -9% | -$927K |
|
810
Entegris
ENTG
$12.6B
| $9.8M | 0.01% |
274,694
-88,132
| -24% | -$3.15M |
|
|
SAGE
811
DELISTED
Sage Therapeutics
SAGE
| $9.8M | 0.01% |
61,600
-1,000
| -2% | -$159K |
|
812
Terex
TEX
$3.49B
| $9.76M | 0.01% |
303,646
-14,871
| -5% | -$478K |
|
|
GLIBA
813
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $9.75M | 0.01% |
175,389
-22,870
| -12% | -$1.27M |
|
814
FNB Corp
FNB
$5.9B
| $9.69M | 0.01% |
914,486
+35,311
| +4% | +$374K |
|
815
Royal Gold
RGLD
$12.5B
| $9.6M | 0.01% |
105,620
-1,600
| -1% | -$145K |
|
816
Cullen/Frost Bankers
CFR
$8.23B
| $9.57M | 0.01% |
98,591
-7,468
| -7% | -$725K |
|
|
ELLI
817
DELISTED
Ellie Mae Inc
ELLI
| $9.53M | 0.01% |
96,605
-3,116
| -3% | -$308K |
|
818
Advanced Energy
AEIS
$6.02B
| $9.51M | 0.01% |
191,489
+19,728
| +11% | +$980K |
|
819
Pebblebrook Hotel Trust
PEB
$1.4B
| $9.51M | 0.01% |
306,288
-36,775
| -11% | -$1.14M |
|
820
Wendy's
WEN
$1.88B
| $9.45M | 0.01% |
528,460
+25,774
| +5% | +$461K |
|
|
MLNX
821
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $9.45M | 0.01% |
79,825
-6,983
| -8% | -$827K |
|
822
Oshkosh
OSK
$8.88B
| $9.45M | 0.01% |
125,739
-35,574
| -22% | -$2.67M |
|
823
Iridium Communications
IRDM
$1.95B
| $9.44M | 0.01% |
357,137
+6,768
| +2% | +$179K |
|
|
UMPQ
824
DELISTED
Umpqua Holdings Corp
UMPQ
| $9.42M | 0.01% |
570,836
-56,047
| -9% | -$925K |
|
825
First Solar
FSLR
$21.8B
| $9.41M | 0.01% |
178,004
-21,126
| -11% | -$1.12M |
|