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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Hancock Whitney
HWC
$5.38B
| $10.8M | 0.01% |
227,425
-16,928
| -7% | -$805K |
|
852
Alkermes
ALKS
$4.45B
| $10.8M | 0.01% |
253,893
-36,448
| -13% | -$1.55M |
|
853
Ciena
CIEN
$18.7B
| $10.7M | 0.01% |
343,648
-87,568
| -20% | -$2.74M |
|
854
NewMarket
NEU
$7.86B
| $10.7M | 0.01% |
26,470
-1,999
| -7% | -$811K |
|
855
Ryder
R
$7.61B
| $10.7M | 0.01% |
146,814
-10,713
| -7% | -$783K |
|
|
MBT
856
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $10.7M | 0.01% |
1,256,617
+132,151
| +12% | +$1.13M |
|
857
American Eagle Outfitters
AEO
$3.4B
| $10.7M | 0.01% |
429,187
-15,106
| -3% | -$375K |
|
858
Nu Skin
NUS
$570M
| $10.6M | 0.01% |
129,144
+9,827
| +8% | +$810K |
|
|
XIFR
859
XPLR Infrastructure, LP
XIFR
$949M
| $10.6M | 0.01% |
219,235
+58,444
| +36% | +$2.83M |
|
860
ADT
ADT
$7.26B
| $10.6M | 0.01% |
1,130,097
+1,090,616
| +2,762% | +$10.2M |
|
861
Okta
OKTA
$16.2B
| $10.6M | 0.01% |
150,700
+75,700
| +101% | +$5.33M |
|
862
CubeSmart
CUBE
$9.49B
| $10.5M | 0.01% |
366,415
+26,321
| +8% | +$751K |
|
863
AMC Networks
AMCX
$346M
| $10.4M | 0.01% |
157,422
-7,326
| -4% | -$486K |
|
864
Medifast
MED
$152M
| $10.4M | 0.01% |
47,099
+3,160
| +7% | +$700K |
|
|
ESV
865
DELISTED
Ensco Rowan plc
ESV
| $10.4M | 0.01% |
308,856
-31,563
| -9% | -$1.07M |
|
|
SRC
866
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $10.4M | 0.01% |
257,713
-11,893
| -4% | -$479K |
|
867
ZTO Express
ZTO
$15.5B
| $10.4M | 0.01% |
625,975
+39,680
| +7% | +$657K |
|
868
Interactive Brokers
IBKR
$28.2B
| $10.4M | 0.01% |
748,800
+82,364
| +12% | +$1.14M |
|
869
Sabre
SABR
$742M
| $10.3M | 0.01% |
396,526
-51,792
| -12% | -$1.35M |
|
870
Regal Rexnord
RRX
$9.62B
| $10.3M | 0.01% |
125,203
-5,741
| -4% | -$473K |
|
|
WUBA
871
DELISTED
58.COM INC
WUBA
| $10.3M | 0.01% |
140,259
-3,726
| -3% | -$274K |
|
|
IBKC
872
DELISTED
IBERIABANK Corp
IBKC
| $10.3M | 0.01% |
126,891
-19,116
| -13% | -$1.56M |
|
873
First Solar
FSLR
$21.8B
| $10.3M | 0.01% |
212,923
-15,637
| -7% | -$757K |
|
874
Ryman Hospitality Properties
RHP
$6.34B
| $10.2M | 0.01% |
118,768
-853
| -0.7% | -$73.5K |
|
875
Tetra Tech
TTEK
$9.51B
| $10.2M | 0.01% |
746,950
-82,750
| -10% | -$1.13M |
|