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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Sunstone Hotel Investors
SHO
$1.79B
| $9.8M | 0.02% |
607,939
+9,500
| +2% | +$153K |
|
852
Telephone and Data Systems
TDS
$4.51B
| $9.8M | 0.02% |
353,147
-10,100
| -3% | -$280K |
|
853
Treehouse Foods
THS
$897M
| $9.8M | 0.02% |
119,900
+2,000
| +2% | +$163K |
|
|
TEN
854
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $9.77M | 0.02% |
169,000
-100
| -0.1% | -$5.78K |
|
|
CIM
855
Chimera Investment
CIM
$1.17B
| $9.76M | 0.02% |
174,613
+14,466
| +9% | +$808K |
|
|
IBKC
856
DELISTED
IBERIABANK Corp
IBKC
| $9.71M | 0.02% |
119,100
-2,700
| -2% | -$220K |
|
857
Patterson-UTI
PTEN
$2.16B
| $9.68M | 0.02% |
479,651
-25,500
| -5% | -$515K |
|
|
UFS
858
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.65M | 0.02% |
251,116
-9,100
| -3% | -$350K |
|
859
Landstar System
LSTR
$4.57B
| $9.64M | 0.02% |
112,600
+900
| +0.8% | +$77K |
|
|
FDC
860
DELISTED
First Data Corporation
FDC
| $9.61M | 0.02% |
528,100
+129,800
| +33% | +$2.36M |
|
861
Olin
OLN
$3.06B
| $9.58M | 0.02% |
316,337
+5,600
| +2% | +$170K |
|
|
DFT
862
DELISTED
DuPont Fabros Technology Inc.
DFT
| $9.55M | 0.02% |
156,181
-2,800
| -2% | -$171K |
|
|
EQM
863
DELISTED
EQM Midstream Partners, LP
EQM
| $9.55M | 0.02% |
127,900
-100
| -0.1% | -$7.46K |
|
864
Timken Company
TKR
$5.46B
| $9.51M | 0.02% |
205,600
-18,300
| -8% | -$846K |
|
|
BIG
865
DELISTED
Big Lots, Inc.
BIG
| $9.5M | 0.02% |
196,726
-3,400
| -2% | -$164K |
|
866
Littelfuse
LFUS
$6.72B
| $9.47M | 0.02% |
57,400
+1,300
| +2% | +$215K |
|
867
Brink's
BCO
$4.87B
| $9.42M | 0.02% |
140,557
-5,900
| -4% | -$395K |
|
868
Howard Hughes
HHH
$4.83B
| $9.4M | 0.02% |
80,249
+1,469
| +2% | +$172K |
|
869
Ziff Davis
ZD
$1.55B
| $9.39M | 0.02% |
126,845
+5,290
| +4% | +$391K |
|
870
Puma Biotechnology
PBYI
$229M
| $9.37M | 0.02% |
107,200
+2,300
| +2% | +$201K |
|
|
WRI
871
DELISTED
Weingarten Realty Investors
WRI
| $9.37M | 0.02% |
311,173
+6,200
| +2% | +$187K |
|
872
Eagle Materials
EXP
$7.7B
| $9.35M | 0.02% |
101,200
-10,700
| -10% | -$989K |
|
|
TWO
873
Two Harbors Investment
TWO
$1.06B
| $9.35M | 0.02% |
117,938
+3,738
| +3% | +$296K |
|
874
Edgewell Personal Care
EPC
$1.02B
| $9.34M | 0.02% |
122,900
+2,700
| +2% | +$205K |
|
875
FirstCash
FCFS
$6.52B
| $9.34M | 0.02% |
160,212
+3,100
| +2% | +$181K |
|