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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
S
851
DELISTED
Sprint Corporation
S
| $10.8M | 0.01% |
1,986,544
+84,552
| +4% | +$460K |
|
852
Texas Pacific Land
TPL
$21.6B
| $10.8M | 0.01% |
46,620
-12,702
| -21% | -$2.94M |
|
|
CHK
853
DELISTED
Chesapeake Energy Corporation
CHK
| $10.8M | 0.01% |
10,305
-3,384
| -25% | -$3.55M |
|
854
Navient
NAVI
$1.31B
| $10.8M | 0.01% |
828,644
-379,135
| -31% | -$4.94M |
|
855
Sun Communities
SUI
$16.4B
| $10.8M | 0.01% |
110,213
-28,734
| -21% | -$2.81M |
|
856
Interactive Brokers
IBKR
$28.2B
| $10.7M | 0.01% |
666,436
+117,848
| +21% | +$1.9M |
|
|
LSI
857
DELISTED
Life Storage, Inc.
LSI
| $10.7M | 0.01% |
165,150
+13,362
| +9% | +$867K |
|
858
Dolby
DLB
$6.91B
| $10.7M | 0.01% |
173,639
-19,363
| -10% | -$1.19M |
|
859
Regal Rexnord
RRX
$9.61B
| $10.7M | 0.01% |
130,944
+13,227
| +11% | +$1.08M |
|
860
Exelixis
EXEL
$10.5B
| $10.7M | 0.01% |
497,590
-153,113
| -24% | -$3.29M |
|
861
Euronet Worldwide
EEFT
$3.62B
| $10.7M | 0.01% |
127,582
+23,314
| +22% | +$1.95M |
|
862
Douglas Emmett
DEI
$2.81B
| $10.6M | 0.01% |
263,705
-27,405
| -9% | -$1.1M |
|
863
Avient
AVNT
$3.44B
| $10.6M | 0.01% |
244,608
-26,609
| -10% | -$1.15M |
|
864
Madison Square Garden
MSGS
$5.09B
| $10.5M | 0.01% |
47,668
-9,534
| -17% | -$2.11M |
|
865
Fulton Financial
FULT
$3.53B
| $10.5M | 0.01% |
636,019
+20,775
| +3% | +$343K |
|
866
Post Holdings
POST
$5.76B
| $10.5M | 0.01% |
186,262
+7,830
| +4% | +$441K |
|
|
MOMO
867
Hello Group
MOMO
$1.2B
| $10.5M | 0.01% |
241,017
+7,831
| +3% | +$341K |
|
868
WaFd
WAFD
$2.49B
| $10.5M | 0.01% |
320,111
+16,940
| +6% | +$554K |
|
869
SLM Corp
SLM
$6.05B
| $10.4M | 0.01% |
910,315
-203,251
| -18% | -$2.33M |
|
870
Middleby
MIDD
$7.03B
| $10.4M | 0.01% |
99,808
-19,200
| -16% | -$2M |
|
|
VR
871
DELISTED
Validus Hold Ltd
VR
| $10.4M | 0.01% |
153,598
-28,585
| -16% | -$1.93M |
|
872
American Eagle Outfitters
AEO
$3.4B
| $10.3M | 0.01% |
444,293
-159,194
| -26% | -$3.7M |
|
873
FNB Corp
FNB
$5.9B
| $10.3M | 0.01% |
768,505
-83,906
| -10% | -$1.13M |
|
874
Bio-Techne
TECH
$8.27B
| $10.3M | 0.01% |
277,772
-48,372
| -15% | -$1.79M |
|
875
Wolfspeed
WOLF
$294M
| $10.3M | 0.01% |
246,895
-17,175
| -7% | -$714K |
|