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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBI
851
DELISTED
Chicago Bridge & Iron Nv
CBI
| $9.99M | 0.02% |
251,800
-8,600
| -3% | -$341K |
|
852
Healthcare Services Group
HCSG
$1.2B
| $9.98M | 0.02% |
296,200
-9,500
| -3% | -$320K |
|
|
SGEN
853
DELISTED
Seagen Inc. Common Stock
SGEN
| $9.96M | 0.02% |
258,400
+25,000
| +11% | +$964K |
|
854
Sally Beauty Holdings
SBH
$1.51B
| $9.93M | 0.02% |
418,000
-76,200
| -15% | -$1.81M |
|
855
EnerSys
ENS
$4.02B
| $9.9M | 0.02% |
184,700
-11,100
| -6% | -$595K |
|
856
Douglas Emmett
DEI
$2.81B
| $9.85M | 0.02% |
342,945
+18,500
| +6% | +$531K |
|
|
NGLS
857
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $9.84M | 0.02% |
338,679
| – | – |
|
858
Urban Outfitters
URBN
$6.43B
| $9.78M | 0.02% |
332,700
-11,000
| -3% | -$323K |
|
859
KBR
KBR
$6.38B
| $9.73M | 0.02% |
584,236
-3,000
| -0.5% | -$50K |
|
860
Rayonier
RYN
$4.13B
| $9.62M | 0.02% |
458,202
+63,056
| +16% | +$1.32M |
|
861
Donaldson
DCI
$9.51B
| $9.62M | 0.02% |
342,600
-11,300
| -3% | -$317K |
|
862
ODP
ODP
$641M
| $9.62M | 0.02% |
149,762
-15,698
| -9% | -$1.01M |
|
863
BWX Technologies
BWXT
$15.5B
| $9.6M | 0.02% |
364,300
-121,924
| -25% | -$3.21M |
|
864
RLJ Lodging Trust
RLJ
$1.16B
| $9.57M | 0.02% |
378,600
-25,900
| -6% | -$654K |
|
865
Leidos
LDOS
$23.8B
| $9.55M | 0.02% |
231,225
-11,625
| -5% | -$480K |
|
866
Armstrong World Industries
AWI
$8.61B
| $9.52M | 0.02% |
199,500
+300
| +0.2% | +$14.3K |
|
867
Southwest Gas
SWX
$5.69B
| $9.52M | 0.02% |
163,200
-2,700
| -2% | -$157K |
|
|
NUAN
868
DELISTED
Nuance Communications, Inc.
NUAN
| $9.52M | 0.02% |
671,402
+2,079
| +0.3% | +$29.5K |
|
869
SM Energy
SM
$3.13B
| $9.5M | 0.02% |
296,400
+58,900
| +25% | +$1.89M |
|
870
Trinity Industries
TRN
$2.31B
| $9.47M | 0.02% |
580,046
-24,894
| -4% | -$406K |
|
|
LSI
871
DELISTED
Life Storage, Inc.
LSI
| $9.42M | 0.02% |
149,777
+1,050
| +0.7% | +$66K |
|
872
Teradyne
TER
$18.4B
| $9.38M | 0.02% |
520,600
-17,300
| -3% | -$312K |
|
873
Avient
AVNT
$3.44B
| $9.36M | 0.02% |
318,900
-10,300
| -3% | -$302K |
|
874
Allegiant Air
ALGT
$1.19B
| $9.35M | 0.02% |
43,247
-1,400
| -3% | -$303K |
|
875
Sabre
SABR
$742M
| $9.34M | 0.02% |
343,700
+13,600
| +4% | +$370K |
|