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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HPP
826
Hudson Pacific Properties
HPP
$1.12B
| $11.3M | 0.01% |
344,851
+33,474
| +11% | +$1.1M |
|
827
Ligand Pharmaceuticals
LGND
$3.26B
| $11.3M | 0.01% |
65,824
+1,741
| +3% | +$298K |
|
|
BLUE
828
DELISTED
bluebird bio
BLUE
| $11.3M | 0.01% |
5,956
-890
| -13% | -$1.68M |
|
829
Western Alliance Bancorporation
WAL
$9.89B
| $11.3M | 0.01% |
198,020
-16,506
| -8% | -$939K |
|
830
American Homes 4 Rent
AMH
$12.8B
| $11.3M | 0.01% |
514,460
-100,749
| -16% | -$2.21M |
|
831
Radian Group
RDN
$4.81B
| $11.3M | 0.01% |
544,628
-66,310
| -11% | -$1.37M |
|
832
Monolithic Power Systems
MPWR
$40.2B
| $11.3M | 0.01% |
89,656
-5,094
| -5% | -$639K |
|
|
EV
833
DELISTED
Eaton Vance Corp.
EV
| $11.2M | 0.01% |
213,325
-7,426
| -3% | -$390K |
|
834
Casey's General Stores
CASY
$20.6B
| $11.2M | 0.01% |
86,649
-18,631
| -18% | -$2.41M |
|
835
GATX Corp
GATX
$6.11B
| $11.2M | 0.01% |
129,070
-8,575
| -6% | -$742K |
|
836
Tenet Healthcare
THC
$17.1B
| $11.1M | 0.01% |
391,405
-44,891
| -10% | -$1.28M |
|
837
Oshkosh
OSK
$8.88B
| $11.1M | 0.01% |
156,132
+13,592
| +10% | +$968K |
|
838
MGIC Investment
MTG
$6.67B
| $11.1M | 0.01% |
833,576
-84,604
| -9% | -$1.13M |
|
839
Signet Jewelers
SIG
$3.8B
| $11.1M | 0.01% |
168,181
+5,853
| +4% | +$386K |
|
840
Dolby
DLB
$6.91B
| $11.1M | 0.01% |
158,387
-15,252
| -9% | -$1.07M |
|
841
Euronet Worldwide
EEFT
$3.62B
| $11M | 0.01% |
110,072
-17,510
| -14% | -$1.75M |
|
|
DISCA
842
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $11M | 0.01% |
344,180
-15,467
| -4% | -$495K |
|
|
MOMO
843
Hello Group
MOMO
$1.2B
| $11M | 0.01% |
250,774
+9,757
| +4% | +$427K |
|
844
Essential Utilities
WTRG
$10.7B
| $10.9M | 0.01% |
296,350
-52,089
| -15% | -$1.92M |
|
845
Highwoods Properties
HIW
$3.49B
| $10.9M | 0.01% |
231,042
-29,089
| -11% | -$1.37M |
|
846
Terex
TEX
$3.49B
| $10.9M | 0.01% |
272,296
-410
| -0.2% | -$16.4K |
|
847
Plains GP Holdings
PAGP
$3.69B
| $10.9M | 0.01% |
442,879
+196,165
| +80% | +$4.81M |
|
|
DHC
848
Diversified Healthcare Trust
DHC
$1.09B
| $10.8M | 0.01% |
617,828
-68,737
| -10% | -$1.21M |
|
849
Sunstone Hotel Investors
SHO
$1.79B
| $10.8M | 0.01% |
662,250
-39,696
| -6% | -$649K |
|
850
Navient
NAVI
$1.31B
| $10.8M | 0.01% |
803,211
-25,433
| -3% | -$343K |
|