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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
826
Goodyear
GT
$2.45B
| $8.48M | 0.01% |
554,332
-175,565
| -24% | -$2.69M |
|
|
PSB
827
DELISTED
PS Business Parks, Inc.
PSB
| $8.48M | 0.01% |
50,320
-1,915
| -4% | -$323K |
|
828
Tetra Tech
TTEK
$9.51B
| $8.47M | 0.01% |
539,175
-61,495
| -10% | -$966K |
|
829
NewMarket
NEU
$7.98B
| $8.43M | 0.01% |
21,032
-3,288
| -14% | -$1.32M |
|
830
Janus Henderson
JHG
$7.08B
| $8.39M | 0.01% |
392,151
-46,200
| -11% | -$989K |
|
831
Synovus
SNV
$7.19B
| $8.39M | 0.01% |
239,577
-114,092
| -32% | -$3.99M |
|
832
Ollie's Bargain Outlet
OLLI
$8.07B
| $8.38M | 0.01% |
96,213
-625
| -0.6% | -$54.4K |
|
|
JWN
833
DELISTED
Nordstrom
JWN
| $8.37M | 0.01% |
262,786
-68,892
| -21% | -$2.19M |
|
|
GRA
834
DELISTED
W.R. Grace & Co.
GRA
| $8.37M | 0.01% |
109,999
+8,534
| +8% | +$650K |
|
|
TCF
835
DELISTED
TCF Financial Corporation
TCF
| $8.36M | 0.01% |
401,919
-82,217
| -17% | -$1.71M |
|
836
Roku
ROKU
$14.2B
| $8.34M | 0.01% |
92,094
+63,429
| +221% | +$5.75M |
|
837
Timken Company
TKR
$5.51B
| $8.31M | 0.01% |
161,924
-38,039
| -19% | -$1.95M |
|
838
Wendy's
WEN
$1.88B
| $8.31M | 0.01% |
424,383
-104,077
| -20% | -$2.04M |
|
839
Dolby
DLB
$6.91B
| $8.31M | 0.01% |
128,574
-16,659
| -11% | -$1.08M |
|
|
BLUE
840
DELISTED
bluebird bio
BLUE
| $8.29M | 0.01% |
5,033
-109
| -2% | -$180K |
|
841
New York Times
NYT
$9.53B
| $8.23M | 0.01% |
252,256
+26,710
| +12% | +$871K |
|
842
FNB Corp
FNB
$5.9B
| $8.22M | 0.01% |
698,249
-216,237
| -24% | -$2.54M |
|
|
IBKC
843
DELISTED
IBERIABANK Corp
IBKC
| $8.19M | 0.01% |
107,941
-17,748
| -14% | -$1.35M |
|
|
S
844
DELISTED
Sprint Corporation
S
| $8.18M | 0.01% |
1,245,542
-157,445
| -11% | -$1.03M |
|
845
EastGroup Properties
EGP
$8.94B
| $8.16M | 0.01% |
70,336
+1,082
| +2% | +$125K |
|
846
Western Alliance Bancorporation
WAL
$9.89B
| $8.15M | 0.01% |
182,310
-15,781
| -8% | -$706K |
|
847
Healthcare Realty
HR
$6.44B
| $8.1M | 0.01% |
295,255
+28,427
| +11% | +$780K |
|
848
PagSeguro Digital
PAGS
$2.77B
| $8.1M | 0.01% |
207,800
-5,600
| -3% | -$218K |
|
849
XPO
XPO
$15.8B
| $8.06M | 0.01% |
403,349
-38,809
| -9% | -$776K |
|
|
CZR
850
DELISTED
Caesars Entertainment Corporation
CZR
| $8.06M | 0.01% |
682,245
+184,345
| +37% | +$2.18M |
|