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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Harley-Davidson
HOG
$3.67B
| $9.3M | 0.01% |
293,770
-30,755
| -9% | -$974K |
|
852
Leggett & Platt
LEG
$1.35B
| $9.29M | 0.01% |
268,761
-9,248
| -3% | -$320K |
|
853
Synaptics
SYNA
$2.7B
| $9.29M | 0.01% |
78,693
-2,742
| -3% | -$324K |
|
854
ONE Gas
OGS
$4.56B
| $9.27M | 0.01% |
114,226
+53
| +0% | +$4.3K |
|
855
WD-40
WDFC
$2.95B
| $9.24M | 0.01% |
45,863
+15,391
| +51% | +$3.1M |
|
856
Iridium Communications
IRDM
$2.67B
| $9.23M | 0.01% |
245,778
-6,647
| -3% | -$250K |
|
857
Alkermes
ALKS
$4.94B
| $9.23M | 0.01% |
309,743
+2,735
| +0.9% | +$81.5K |
|
858
Hexcel
HXL
$5.16B
| $9.23M | 0.01% |
176,385
-10,533
| -6% | -$551K |
|
859
Kohl's
KSS
$1.86B
| $9.22M | 0.01% |
258,381
-33,456
| -11% | -$1.19M |
|
860
AutoNation
AN
$8.55B
| $9.17M | 0.01% |
82,066
-7,223
| -8% | -$807K |
|
861
Toll Brothers
TOL
$14.2B
| $9.16M | 0.01% |
205,291
-14,038
| -6% | -$626K |
|
862
Houlihan Lokey
HLI
$13.9B
| $9.15M | 0.01% |
115,874
+871
| +0.8% | +$68.7K |
|
863
Verint Systems
VRNT
$1.23B
| $9.14M | 0.01% |
215,924
+83,024
| +62% | +$3.52M |
|
864
SPS Commerce
SPSC
$4.19B
| $9.11M | 0.01% |
80,577
-177
| -0.2% | -$20K |
|
865
New Jersey Resources
NJR
$4.72B
| $9.09M | 0.01% |
204,084
-5,314
| -3% | -$237K |
|
866
Qualys
QLYS
$4.87B
| $9.06M | 0.01% |
71,797
+1,350
| +2% | +$170K |
|
867
Eagle Materials
EXP
$7.86B
| $9.05M | 0.01% |
82,279
-7,439
| -8% | -$818K |
|
|
FLG
868
Flagstar Financial, Inc.
FLG
$5.39B
| $9.02M | 0.01% |
329,369
-11,162
| -3% | -$306K |
|
869
Skechers
SKX
$9.5B
| $9.01M | 0.01% |
253,304
-19,591
| -7% | -$697K |
|
|
X
870
DELISTED
US Steel
X
| $9.01M | 0.01% |
503,100
-39,817
| -7% | -$713K |
|
871
UFP Industries
UFPI
$6.08B
| $9M | 0.01% |
132,004
-4,391
| -3% | -$299K |
|
872
Terreno Realty
TRNO
$6.1B
| $8.99M | 0.01% |
161,224
+440
| +0.3% | +$24.5K |
|
873
New York Times
NYT
$9.6B
| $8.97M | 0.01% |
321,449
-16,115
| -5% | -$450K |
|
874
Medpace
MEDP
$13.7B
| $8.93M | 0.01% |
59,678
-2,546
| -4% | -$381K |
|
875
Penumbra
PEN
$11B
| $8.91M | 0.01% |
71,573
+76
| +0.1% | +$9.46K |
|