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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRC
851
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $9.72M | 0.02% |
214,068
-14,495
| -6% | -$658K |
|
|
CIM
852
Chimera Investment
CIM
$1.17B
| $9.7M | 0.02% |
160,147
+5,334
| +3% | +$323K |
|
853
Flowers Foods
FLO
$3.02B
| $9.64M | 0.02% |
496,869
-18,700
| -4% | -$363K |
|
854
Hexcel
HXL
$4.93B
| $9.63M | 0.02% |
176,600
-15,200
| -8% | -$829K |
|
|
IBKC
855
DELISTED
IBERIABANK Corp
IBKC
| $9.63M | 0.02% |
121,800
+42,900
| +54% | +$3.39M |
|
856
Telephone and Data Systems
TDS
$4.45B
| $9.63M | 0.02% |
363,247
+2,400
| +0.7% | +$63.6K |
|
857
Carter's
CRI
$1.04B
| $9.62M | 0.02% |
107,100
-1,600
| -1% | -$144K |
|
858
Sun Communities
SUI
$16.4B
| $9.58M | 0.02% |
119,300
+6,600
| +6% | +$530K |
|
859
U-Haul Holding Co
UHAL
$10.8B
| $9.57M | 0.02% |
251,000
-11,000
| -4% | -$419K |
|
860
Landstar System
LSTR
$4.5B
| $9.57M | 0.02% |
111,700
-3,100
| -3% | -$266K |
|
861
Brixmor Property Group
BRX
$8.51B
| $9.56M | 0.02% |
445,300
+14,800
| +3% | +$318K |
|
862
Cirrus Logic
CRUS
$5.91B
| $9.53M | 0.02% |
157,000
+300
| +0.2% | +$18.2K |
|
|
CAVM
863
DELISTED
Cavium, Inc.
CAVM
| $9.51M | 0.02% |
132,744
-6,000
| -4% | -$430K |
|
|
UFS
864
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.5M | 0.02% |
260,216
+600
| +0.2% | +$21.9K |
|
865
Oceaneering
OII
$2.45B
| $9.49M | 0.02% |
350,500
+11,100
| +3% | +$301K |
|
866
Range Resources
RRC
$8.3B
| $9.48M | 0.02% |
325,862
-48,000
| -13% | -$1.4M |
|
|
RAD
867
DELISTED
Rite Aid Corporation
RAD
| $9.48M | 0.02% |
111,557
+7,065
| +7% | +$601K |
|
|
HRC
868
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $9.45M | 0.02% |
133,800
-5,874
| -4% | -$415K |
|
869
Dolby
DLB
$6.8B
| $9.43M | 0.02% |
180,000
-14,200
| -7% | -$744K |
|
|
EEP
870
DELISTED
Enbridge Energy Partners
EEP
| $9.42M | 0.02% |
495,600
-20,900
| -4% | -$397K |
|
871
Stifel
SF
$11.8B
| $9.41M | 0.02% |
281,126
-21,300
| -7% | -$713K |
|
872
SITE Centers
SITC
$468M
| $9.39M | 0.02% |
581,887
-7,295
| -1% | -$118K |
|
|
TCF
873
DELISTED
TCF Financial Corporation
TCF
| $9.39M | 0.02% |
551,700
-3,400
| -0.6% | -$57.9K |
|
874
Southwest Gas
SWX
$5.67B
| $9.32M | 0.02% |
112,400
-35,200
| -24% | -$2.92M |
|
875
The GEO Group
GEO
$3.26B
| $9.31M | 0.02% |
301,200
-300
| -0.1% | -$9.27K |
|