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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
826
Cleveland-Cliffs
CLF
$5.76B
| $11.6M | 0.02% |
1,665,978
-199,006
| -11% | -$1.38M |
|
827
Axalta
AXTA
$6.86B
| $11.6M | 0.02% |
382,953
+1,999
| +0.5% | +$60.3K |
|
828
Visteon
VC
$3.49B
| $11.6M | 0.02% |
104,773
-17,818
| -15% | -$1.96M |
|
829
Avient
AVNT
$3.42B
| $11.5M | 0.02% |
271,217
-415
| -0.2% | -$17.6K |
|
830
Bank OZK
OZK
$5.88B
| $11.5M | 0.02% |
238,676
-10,378
| -4% | -$501K |
|
831
FNB Corp
FNB
$5.88B
| $11.5M | 0.02% |
852,411
-53,504
| -6% | -$720K |
|
|
CSRA
832
DELISTED
CSRA Inc.
CSRA
| $11.4M | 0.02% |
276,400
-13,300
| -5% | -$548K |
|
833
Emcor
EME
$28.9B
| $11.4M | 0.02% |
146,016
+5,591
| +4% | +$436K |
|
834
CACI
CACI
$10.8B
| $11.4M | 0.02% |
75,114
+4,405
| +6% | +$667K |
|
835
DexCom
DXCM
$30.2B
| $11.4M | 0.02% |
612,800
+75,600
| +14% | +$1.4M |
|
|
X
836
DELISTED
US Steel
X
| $11.3M | 0.02% |
321,181
-40,525
| -11% | -$1.43M |
|
837
Rithm Capital
RITM
$6.67B
| $11.3M | 0.02% |
685,062
+127,142
| +23% | +$2.09M |
|
838
Lincoln Electric
LECO
$13.5B
| $11.2M | 0.02% |
125,057
+6,331
| +5% | +$569K |
|
|
SAGE
839
DELISTED
Sage Therapeutics
SAGE
| $11.2M | 0.02% |
69,665
-4,995
| -7% | -$805K |
|
840
Associated Banc-Corp
ASB
$4.32B
| $11.2M | 0.02% |
451,116
+22,136
| +5% | +$550K |
|
841
Ionis Pharmaceuticals
IONS
$10.1B
| $11.2M | 0.02% |
254,100
-12,200
| -5% | -$538K |
|
842
Woodward
WWD
$14.4B
| $11.2M | 0.02% |
156,082
+19,434
| +14% | +$1.39M |
|
|
SCG
843
DELISTED
Scana
SCG
| $11.2M | 0.02% |
297,664
-47,019
| -14% | -$1.77M |
|
844
Ternium
TX
$6.84B
| $11.2M | 0.02% |
343,909
-79,379
| -19% | -$2.58M |
|
845
EnerSys
ENS
$3.99B
| $11.1M | 0.02% |
160,449
+3,118
| +2% | +$216K |
|
846
ITT
ITT
$13.9B
| $11.1M | 0.02% |
226,875
+10,767
| +5% | +$527K |
|
|
NATI
847
DELISTED
National Instruments Corp
NATI
| $11.1M | 0.02% |
219,524
-19,425
| -8% | -$982K |
|
848
Cinemark Holdings
CNK
$3.22B
| $11.1M | 0.02% |
294,260
+12,770
| +5% | +$481K |
|
849
Ryman Hospitality Properties
RHP
$6.4B
| $11.1M | 0.02% |
143,106
-6,981
| -5% | -$541K |
|
|
TMX
850
DELISTED
Terminix Global Holdings, Inc.
TMX
| $11.1M | 0.02% |
325,207
-16,038
| -5% | -$546K |
|