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 | |
|---|---|---|---|---|---|---|
826
Hancock Whitney
HWC
$5.37B
| $11.4M | 0.02% |
244,353
+36,436
| +18% | +$1.7M |
|
827
Trinity Industries
TRN
$2.32B
| $11.4M | 0.02% |
462,134
-70,611
| -13% | -$1.74M |
|
|
SGEN
828
DELISTED
Seagen Inc. Common Stock
SGEN
| $11.4M | 0.02% |
171,100
-34,200
| -17% | -$2.27M |
|
829
Charles River Laboratories
CRL
$7.77B
| $11.3M | 0.02% |
100,871
+3,040
| +3% | +$341K |
|
830
Ryder
R
$7.71B
| $11.3M | 0.02% |
157,527
+7,185
| +5% | +$516K |
|
|
DNB
831
DELISTED
Dun & Bradstreet
DNB
| $11.3M | 0.02% |
92,032
-11,890
| -11% | -$1.46M |
|
832
Exact Sciences
EXAS
$10.5B
| $11.3M | 0.02% |
188,600
-61,223
| -25% | -$3.66M |
|
|
LOGM
833
DELISTED
LogMein, Inc.
LOGM
| $11.3M | 0.02% |
109,192
-623
| -0.6% | -$64.3K |
|
|
TMX
834
DELISTED
Terminix Global Holdings, Inc.
TMX
| $11.2M | 0.02% |
281,677
-43,530
| -13% | -$1.73M |
|
|
UFS
835
DELISTED
DOMTAR CORPORATION (New)
UFS
| $11.2M | 0.02% |
234,264
-9,993
| -4% | -$477K |
|
836
First Horizon
FHN
$11.6B
| $11.1M | 0.02% |
624,437
-69,517
| -10% | -$1.24M |
|
|
IBKC
837
DELISTED
IBERIABANK Corp
IBKC
| $11.1M | 0.02% |
146,007
+15,657
| +12% | +$1.19M |
|
838
Casey's General Stores
CASY
$20.5B
| $11.1M | 0.02% |
105,280
+10,497
| +11% | +$1.1M |
|
839
Sabre
SABR
$734M
| $11M | 0.02% |
448,318
+112,932
| +34% | +$2.78M |
|
840
HEICO Class A
HEI.A
$35.4B
| $11M | 0.02% |
181,160
-35,613
| -16% | -$2.17M |
|
|
HPP
841
Hudson Pacific Properties
HPP
$1.11B
| $11M | 0.02% |
311,377
-9,574
| -3% | -$339K |
|
842
Cleveland-Cliffs
CLF
$5.83B
| $11M | 0.02% |
1,305,119
-360,859
| -22% | -$3.04M |
|
843
RingCentral
RNG
$2.81B
| $11M | 0.02% |
156,096
-42,690
| -21% | -$3M |
|
844
CubeSmart
CUBE
$9.45B
| $11M | 0.02% |
340,094
-77,455
| -19% | -$2.5M |
|
|
ISBC
845
DELISTED
Investors Bancorp, Inc.
ISBC
| $11M | 0.02% |
856,432
+60,684
| +8% | +$776K |
|
|
CAVM
846
DELISTED
Cavium, Inc.
CAVM
| $10.9M | 0.02% |
126,453
-10,528
| -8% | -$911K |
|
847
Silicon Laboratories
SLAB
$4.42B
| $10.9M | 0.02% |
109,693
+10,888
| +11% | +$1.08M |
|
848
RLJ Lodging Trust
RLJ
$1.16B
| $10.9M | 0.02% |
494,980
+4,486
| +0.9% | +$98.9K |
|
849
Rayonier
RYN
$4.11B
| $10.8M | 0.02% |
294,623
-54,395
| -16% | -$2M |
|
|
SRC
850
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $10.8M | 0.02% |
269,606
-22,856
| -8% | -$918K |
|