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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
USG
851
DELISTED
Usg
USG
| $9.07M | 0.01% |
209,388
+2,205
| +1% | +$95.5K |
|
852
Pediatrix Medical
MD
$1.48B
| $9.06M | 0.01% |
333,290
-33,128
| -9% | -$900K |
|
|
IBKC
853
DELISTED
IBERIABANK Corp
IBKC
| $9.01M | 0.01% |
125,689
+12,677
| +11% | +$909K |
|
854
Flex
FLEX
$21.6B
| $9.01M | 0.01% |
1,195,092
-414,848
| -26% | -$3.13M |
|
855
LiveRamp
RAMP
$1.77B
| $8.97M | 0.01% |
164,340
+29,032
| +21% | +$1.58M |
|
856
Sunstone Hotel Investors
SHO
$1.79B
| $8.96M | 0.01% |
621,994
-35,981
| -5% | -$518K |
|
857
Wintrust Financial
WTFC
$9.11B
| $8.95M | 0.01% |
132,974
+33,550
| +34% | +$2.26M |
|
858
Douglas Emmett
DEI
$2.81B
| $8.89M | 0.01% |
219,829
-2,391
| -1% | -$96.6K |
|
859
Carter's
CRI
$1.1B
| $8.88M | 0.01% |
88,063
-15,961
| -15% | -$1.61M |
|
860
Flowers Foods
FLO
$3.01B
| $8.87M | 0.01% |
416,126
+4,310
| +1% | +$91.9K |
|
861
Bankunited
BKU
$2.96B
| $8.82M | 0.01% |
264,170
+3,506
| +1% | +$117K |
|
862
Howard Hughes
HHH
$4.85B
| $8.81M | 0.01% |
83,985
+3,644
| +5% | +$382K |
|
863
GATX Corp
GATX
$6.11B
| $8.8M | 0.01% |
115,203
-11,683
| -9% | -$892K |
|
864
Associated Banc-Corp
ASB
$4.38B
| $8.75M | 0.01% |
409,975
-44,626
| -10% | -$953K |
|
865
Skechers
SKX
$9.49B
| $8.75M | 0.01% |
260,372
+46,970
| +22% | +$1.58M |
|
|
TRCO
866
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $8.73M | 0.01% |
189,191
-13,225
| -7% | -$610K |
|
867
Timken Company
TKR
$5.51B
| $8.72M | 0.01% |
199,963
+3,231
| +2% | +$141K |
|
868
Wyndham Hotels & Resorts
WH
$6.75B
| $8.67M | 0.01% |
173,519
-15,527
| -8% | -$776K |
|
869
Westlake Corp
WLK
$11.5B
| $8.65M | 0.01% |
127,506
-1,256
| -1% | -$85.2K |
|
870
American Homes 4 Rent
AMH
$12.8B
| $8.65M | 0.01% |
380,514
-4,961
| -1% | -$113K |
|
871
TAL Education Group
TAL
$6.54B
| $8.64M | 0.01% |
239,564
-182,393
| -43% | -$6.58M |
|
872
RLJ Lodging Trust
RLJ
$1.16B
| $8.59M | 0.01% |
488,637
-23,473
| -5% | -$412K |
|
|
GRUB
873
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $8.55M | 0.01% |
61,500
-9,144
| -13% | -$1.27M |
|
|
AMRN
874
Amarin Corp
AMRN
$310M
| $8.54M | 0.01% |
20,569
-300
| -1% | -$125K |
|
875
Idacorp
IDA
$6.79B
| $8.53M | 0.01% |
85,734
-4,113
| -5% | -$409K |
|