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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
826
Valvoline
VVV
$4.96B
| $9.75M | 0.01% |
338,075
-25,944
| -7% | -$748K |
|
827
Portland General Electric
POR
$4.69B
| $9.75M | 0.01% |
201,662
-3,410
| -2% | -$165K |
|
828
ASGN Inc
ASGN
$2.32B
| $9.74M | 0.01% |
107,923
-3,359
| -3% | -$303K |
|
829
Sonoco
SON
$4.56B
| $9.72M | 0.01% |
170,346
-23,241
| -12% | -$1.33M |
|
830
Azenta
AZTA
$1.39B
| $9.72M | 0.01% |
134,754
-6,789
| -5% | -$489K |
|
831
Bank OZK
OZK
$5.9B
| $9.68M | 0.01% |
257,889
-13,355
| -5% | -$501K |
|
832
Post Holdings
POST
$5.88B
| $9.53M | 0.01% |
115,698
-8,337
| -7% | -$687K |
|
|
SAIL
833
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $9.53M | 0.01% |
151,985
-11,480
| -7% | -$720K |
|
834
DaVita
DVA
$9.86B
| $9.51M | 0.01% |
118,956
-15,401
| -11% | -$1.23M |
|
835
HealthEquity
HQY
$7.88B
| $9.51M | 0.01% |
154,905
-9,207
| -6% | -$565K |
|
836
Texas Roadhouse
TXRH
$11.2B
| $9.51M | 0.01% |
129,909
-12,401
| -9% | -$908K |
|
837
MDU Resources
MDU
$3.31B
| $9.49M | 0.01% |
924,839
-137,187
| -13% | -$1.41M |
|
838
Marriott Vacations Worldwide
VAC
$2.73B
| $9.49M | 0.01% |
81,659
-5,061
| -6% | -$588K |
|
839
PENN Entertainment
PENN
$2.99B
| $9.47M | 0.01% |
311,137
-7,677
| -2% | -$234K |
|
|
TMX
840
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.46M | 0.01% |
232,759
-24,476
| -10% | -$995K |
|
841
Clean Harbors
CLH
$12.7B
| $9.44M | 0.01% |
107,674
-6,600
| -6% | -$579K |
|
842
Alaska Air
ALK
$7.28B
| $9.43M | 0.01% |
235,543
-17,211
| -7% | -$689K |
|
843
Power Integrations
POWI
$2.52B
| $9.43M | 0.01% |
125,735
-3,285
| -3% | -$246K |
|
844
Novanta
NOVT
$4.18B
| $9.42M | 0.01% |
77,702
-236
| -0.3% | -$28.6K |
|
845
AXIS Capital
AXS
$7.62B
| $9.42M | 0.01% |
164,938
-3,547
| -2% | -$202K |
|
846
Inspire Medical Systems
INSP
$2.56B
| $9.39M | 0.01% |
51,396
| – | – |
|
847
Hawaiian Electric Industries
HE
$2.12B
| $9.38M | 0.01% |
229,385
+1,338
| +0.6% | +$54.7K |
|
848
Light & Wonder
LNW
$7.48B
| $9.31M | 0.01% |
198,097
-5,958
| -3% | -$280K |
|
|
BCPC
849
Balchem Corporation
BCPC
$5.23B
| $9.31M | 0.01% |
71,718
-395
| -0.5% | -$51.2K |
|
850
Louisiana-Pacific
LPX
$6.9B
| $9.3M | 0.01% |
177,508
-17,095
| -9% | -$896K |
|