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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Knight Transportation
KNX
$6.86B
| $11.1M | 0.01% |
307,067
+82,336
| +37% | +$2.99M |
|
802
Southwest Gas
SWX
$5.67B
| $11.1M | 0.01% |
122,309
+38,782
| +46% | +$3.53M |
|
803
Park Hotels & Resorts
PK
$2.38B
| $11.1M | 0.01% |
445,173
+115,653
| +35% | +$2.89M |
|
804
PG&E
PCG
$33.8B
| $11.1M | 0.01% |
1,111,113
+317,062
| +40% | +$3.17M |
|
805
Saic
SAIC
$4.76B
| $11.1M | 0.01% |
126,711
+3,314
| +3% | +$289K |
|
806
Essent Group
ESNT
$6.25B
| $11M | 0.01% |
231,584
+75,213
| +48% | +$3.59M |
|
|
SVC
807
Service Properties Trust
SVC
$472M
| $11M | 0.01% |
427,986
+48,666
| +13% | +$1.26M |
|
808
Macerich
MAC
$4.57B
| $11M | 0.01% |
348,391
-57,375
| -14% | -$1.81M |
|
809
Portland General Electric
POR
$4.63B
| $11M | 0.01% |
195,053
+57,731
| +42% | +$3.25M |
|
810
Affiliated Managers Group
AMG
$6.66B
| $11M | 0.01% |
131,905
+11,959
| +10% | +$997K |
|
811
MongoDB
MDB
$27.7B
| $11M | 0.01% |
91,158
+52,981
| +139% | +$6.38M |
|
812
First Solar
FSLR
$22.1B
| $11M | 0.01% |
189,218
+38,618
| +26% | +$2.24M |
|
813
Crane NXT
CXT
$3.52B
| $11M | 0.01% |
391,809
+53,999
| +16% | +$1.51M |
|
814
Webster Financial
WBS
$10.2B
| $10.9M | 0.01% |
233,217
+77,297
| +50% | +$3.62M |
|
|
FL
815
DELISTED
Foot Locker
FL
| $10.9M | 0.01% |
252,683
+34,388
| +16% | +$1.48M |
|
816
First Financial Bankshares
FFIN
$5.09B
| $10.9M | 0.01% |
326,937
+82,835
| +34% | +$2.76M |
|
817
Rexford Industrial Realty
REXR
$10.3B
| $10.9M | 0.01% |
247,160
+140,914
| +133% | +$6.2M |
|
818
Kirby Corp
KEX
$4.86B
| $10.9M | 0.01% |
132,185
+30,910
| +31% | +$2.54M |
|
819
Black Hills Corp
BKH
$4.27B
| $10.9M | 0.01% |
141,518
+46,429
| +49% | +$3.56M |
|
820
Cullen/Frost Bankers
CFR
$8.17B
| $10.8M | 0.01% |
122,384
+30,849
| +34% | +$2.73M |
|
|
IBKC
821
DELISTED
IBERIABANK Corp
IBKC
| $10.8M | 0.01% |
143,405
+35,464
| +33% | +$2.68M |
|
822
Dolby
DLB
$6.84B
| $10.8M | 0.01% |
167,245
+38,671
| +30% | +$2.5M |
|
|
VSM
823
DELISTED
Versum Materials, Inc.
VSM
| $10.8M | 0.01% |
203,423
+52,022
| +34% | +$2.75M |
|
824
Madison Square Garden
MSGS
$4.97B
| $10.7M | 0.01% |
56,875
+11,240
| +25% | +$2.11M |
|
825
Performance Food Group
PFGC
$16.3B
| $10.6M | 0.01% |
231,094
+102,783
| +80% | +$4.73M |
|