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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Exelixis
EXEL
$10.1B
| $8.15M | 0.01% |
414,188
-34,112
| -8% | -$671K |
|
852
Cleveland-Cliffs
CLF
$5.83B
| $8.06M | 0.01% |
1,048,611
-131,325
| -11% | -$1.01M |
|
853
Hancock Whitney
HWC
$5.38B
| $8.02M | 0.01% |
231,548
+4,123
| +2% | +$143K |
|
|
MLNX
854
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $8.02M | 0.01% |
86,808
-21,779
| -20% | -$2.01M |
|
|
MBFI
855
DELISTED
MB Financial Corp
MBFI
| $8.01M | 0.01% |
202,017
-3,601
| -2% | -$143K |
|
|
ATHN
856
DELISTED
Athenahealth, Inc.
ATHN
| $7.99M | 0.01% |
60,559
+1,313
| +2% | +$173K |
|
857
First Citizens BancShares
FCNCA
$25.4B
| $7.99M | 0.01% |
21,188
-36
| -0.2% | -$13.6K |
|
858
VICI Properties
VICI
$35.3B
| $7.93M | 0.01% |
421,974
-18,048
| -4% | -$339K |
|
859
American Eagle Outfitters
AEO
$3.4B
| $7.92M | 0.01% |
409,726
-19,461
| -5% | -$376K |
|
860
MGIC Investment
MTG
$6.54B
| $7.91M | 0.01% |
755,725
-77,851
| -9% | -$814K |
|
861
Haemonetics
HAE
$2.59B
| $7.9M | 0.01% |
78,958
-823
| -1% | -$82.3K |
|
862
Wendy's
WEN
$1.88B
| $7.85M | 0.01% |
502,686
+14,355
| +3% | +$224K |
|
863
Bankunited
BKU
$2.9B
| $7.8M | 0.01% |
260,664
+31,311
| +14% | +$937K |
|
|
STMP
864
DELISTED
Stamps.com, Inc.
STMP
| $7.8M | 0.01% |
50,135
-7,193
| -13% | -$1.12M |
|
|
LSI
865
DELISTED
Life Storage, Inc.
LSI
| $7.79M | 0.01% |
125,679
-34,275
| -21% | -$2.12M |
|
866
Vishay Intertechnology
VSH
$2.07B
| $7.78M | 0.01% |
431,722
+19,666
| +5% | +$354K |
|
|
ISBC
867
DELISTED
Investors Bancorp, Inc.
ISBC
| $7.75M | 0.01% |
744,956
-52,508
| -7% | -$546K |
|
868
WaFd
WAFD
$2.47B
| $7.73M | 0.01% |
289,210
-6,022
| -2% | -$161K |
|
869
Zillow
ZG
$20B
| $7.72M | 0.01% |
245,461
+70,759
| +41% | +$2.22M |
|
870
FTI Consulting
FCN
$5.23B
| $7.71M | 0.01% |
115,689
-5,940
| -5% | -$396K |
|
871
Air Lease Corp
AL
$7.11B
| $7.69M | 0.01% |
254,658
-5,199
| -2% | -$157K |
|
|
WES
872
DELISTED
Western Gas Partners Lp
WES
| $7.68M | 0.01% |
181,912
-6,665
| -4% | -$281K |
|
|
NFX
873
DELISTED
Newfield Exploration
NFX
| $7.66M | 0.01% |
522,400
-2,653
| -0.5% | -$38.9K |
|
874
American Homes 4 Rent
AMH
$12.7B
| $7.65M | 0.01% |
385,475
-128,985
| -25% | -$2.56M |
|
|
ETRN
875
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $7.64M | 0.01% |
+381,592
| New | +$7.64M |
|