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 | |
|---|---|---|---|---|---|---|
876
Ionis Pharmaceuticals
IONS
$10.2B
| $10.2M | 0.01% |
197,200
-14,700
| -7% | -$758K |
|
|
ELLI
877
DELISTED
Ellie Mae Inc
ELLI
| $10.2M | 0.01% |
107,262
-7,490
| -7% | -$710K |
|
|
LSI
878
DELISTED
Life Storage, Inc.
LSI
| $10.1M | 0.01% |
159,954
-5,196
| -3% | -$330K |
|
879
Autohome
ATHM
$3.4B
| $10.1M | 0.01% |
131,054
-19,577
| -13% | -$1.52M |
|
880
Evercore
EVR
$13.3B
| $10.1M | 0.01% |
100,776
+13,712
| +16% | +$1.38M |
|
|
RP
881
DELISTED
RealPage, Inc.
RP
| $10.1M | 0.01% |
153,436
-3,029
| -2% | -$200K |
|
882
Southern Copper
SCCO
$85.3B
| $10.1M | 0.01% |
244,843
-21,781
| -8% | -$895K |
|
|
VVC
883
DELISTED
Vectren Corporation
VVC
| $10M | 0.01% |
140,353
-23,329
| -14% | -$1.67M |
|
|
EQM
884
DELISTED
EQM Midstream Partners, LP
EQM
| $10M | 0.01% |
190,090
+10,694
| +6% | +$564K |
|
|
USG
885
DELISTED
Usg
USG
| $10M | 0.01% |
231,581
+5,151
| +2% | +$223K |
|
886
Antero Resources
AR
$10.1B
| $9.99M | 0.01% |
564,280
+3,339
| +0.6% | +$59.1K |
|
887
Timken Company
TKR
$5.32B
| $9.99M | 0.01% |
200,405
-5,103
| -2% | -$254K |
|
888
Rayonier
RYN
$4.04B
| $9.99M | 0.01% |
310,364
+15,741
| +5% | +$506K |
|
889
Outfront Media
OUT
$3.12B
| $9.93M | 0.01% |
505,443
+2,578
| +0.5% | +$50.6K |
|
890
ScottsMiracle-Gro
SMG
$3.56B
| $9.92M | 0.01% |
126,026
-12,082
| -9% | -$951K |
|
|
SC
891
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $9.85M | 0.01% |
491,466
+50,189
| +11% | +$1.01M |
|
|
NATI
892
DELISTED
National Instruments Corp
NATI
| $9.84M | 0.01% |
203,676
+15,512
| +8% | +$750K |
|
893
Avient
AVNT
$3.34B
| $9.83M | 0.01% |
224,886
-19,722
| -8% | -$862K |
|
894
Fulton Financial
FULT
$3.51B
| $9.82M | 0.01% |
589,728
-46,291
| -7% | -$771K |
|
895
FNB Corp
FNB
$5.88B
| $9.79M | 0.01% |
769,314
+809
| +0.1% | +$10.3K |
|
|
ISBC
896
DELISTED
Investors Bancorp, Inc.
ISBC
| $9.79M | 0.01% |
797,464
-58,968
| -7% | -$724K |
|
|
SCG
897
DELISTED
Scana
SCG
| $9.79M | 0.01% |
251,598
-11,596
| -4% | -$451K |
|
898
MKS Inc. Common Stock
MKSI
$7.79B
| $9.74M | 0.01% |
121,472
-2,046
| -2% | -$164K |
|
899
Flowers Foods
FLO
$3.01B
| $9.7M | 0.01% |
519,742
-81,790
| -14% | -$1.53M |
|
900
Brown-Forman Class A
BF.A
$13.2B
| $9.69M | 0.01% |
190,711
+8,286
| +5% | +$421K |
|