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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLG
851
Flagstar Financial, Inc.
FLG
$5.3B
| $8.05M | 0.01% |
268,699
-67,140
| -20% | -$2.01M |
|
852
ScottsMiracle-Gro
SMG
$3.56B
| $8.03M | 0.01% |
81,549
-25,241
| -24% | -$2.49M |
|
853
Regal Rexnord
RRX
$9.62B
| $8.01M | 0.01% |
98,083
-22,621
| -19% | -$1.85M |
|
854
Kirby Corp
KEX
$4.91B
| $8M | 0.01% |
101,275
-31,850
| -24% | -$2.52M |
|
855
Strategic Education
STRA
$2.02B
| $8M | 0.01% |
44,949
-4,586
| -9% | -$816K |
|
856
Landstar System
LSTR
$4.59B
| $7.98M | 0.01% |
73,912
-11,788
| -14% | -$1.27M |
|
857
Cinemark Holdings
CNK
$3.24B
| $7.96M | 0.01% |
220,497
-29,158
| -12% | -$1.05M |
|
|
EV
858
DELISTED
Eaton Vance Corp.
EV
| $7.94M | 0.01% |
184,018
-7,408
| -4% | -$320K |
|
859
Repligen
RGEN
$6.72B
| $7.94M | 0.01% |
92,323
-7,245
| -7% | -$623K |
|
860
First Horizon
FHN
$11.5B
| $7.93M | 0.01% |
531,067
+69,771
| +15% | +$1.04M |
|
|
UMPQ
861
DELISTED
Umpqua Holdings Corp
UMPQ
| $7.92M | 0.01% |
477,554
-93,282
| -16% | -$1.55M |
|
|
SC
862
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $7.88M | 0.01% |
328,751
-65,033
| -17% | -$1.56M |
|
863
BWX Technologies
BWXT
$15.5B
| $7.88M | 0.01% |
151,157
-15,620
| -9% | -$814K |
|
864
Under Armour Class C
UA
$2.1B
| $7.87M | 0.01% |
354,318
-77,664
| -18% | -$1.72M |
|
|
WPX
865
DELISTED
WPX Energy, Inc.
WPX
| $7.86M | 0.01% |
682,732
-16,902
| -2% | -$195K |
|
866
ONE Gas
OGS
$4.56B
| $7.85M | 0.01% |
86,905
-4,429
| -5% | -$400K |
|
|
SIX
867
DELISTED
Six Flags Entertainment Corp.
SIX
| $7.85M | 0.01% |
157,924
-28,980
| -16% | -$1.44M |
|
868
Nektar Therapeutics
NKTR
$898M
| $7.84M | 0.01% |
14,693
-9,040
| -38% | -$4.82M |
|
869
Wintrust Financial
WTFC
$9.11B
| $7.84M | 0.01% |
107,165
-25,809
| -19% | -$1.89M |
|
870
Stifel
SF
$11.8B
| $7.84M | 0.01% |
199,088
-58,810
| -23% | -$2.32M |
|
|
AMRN
871
Amarin Corp
AMRN
$310M
| $7.83M | 0.01% |
20,189
-380
| -2% | -$147K |
|
|
CONE
872
DELISTED
CyrusOne Inc Common Stock
CONE
| $7.83M | 0.01% |
135,579
-2,430
| -2% | -$140K |
|
873
Viasat
VSAT
$4.28B
| $7.82M | 0.01% |
96,734
+14,992
| +18% | +$1.21M |
|
|
VSM
874
DELISTED
Versum Materials, Inc.
VSM
| $7.81M | 0.01% |
151,401
-2,891
| -2% | -$149K |
|
875
Brink's
BCO
$4.9B
| $7.8M | 0.01% |
96,105
+9,036
| +10% | +$734K |
|