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 | |
|---|---|---|---|---|---|---|
876
AMC Networks
AMCX
$346M
| $7.63M | 0.01% |
138,982
-18,440
| -12% | -$1.01M |
|
877
Stifel
SF
$11.8B
| $7.62M | 0.01% |
276,089
-3,655
| -1% | -$101K |
|
878
Primerica
PRI
$8.74B
| $7.62M | 0.01% |
78,016
+2,472
| +3% | +$242K |
|
879
Maximus
MMS
$5.08B
| $7.61M | 0.01% |
116,978
-21,088
| -15% | -$1.37M |
|
880
Flowers Foods
FLO
$3.02B
| $7.61M | 0.01% |
411,816
-107,926
| -21% | -$1.99M |
|
881
Brixmor Property Group
BRX
$8.51B
| $7.6M | 0.01% |
517,649
-150,707
| -23% | -$2.21M |
|
|
AGR
882
DELISTED
Avangrid, Inc.
AGR
| $7.59M | 0.01% |
151,549
-20,179
| -12% | -$1.01M |
|
883
Douglas Emmett
DEI
$2.75B
| $7.58M | 0.01% |
222,220
-17,300
| -7% | -$590K |
|
884
Transocean
RIG
$3.07B
| $7.58M | 0.01% |
1,092,291
+22,261
| +2% | +$154K |
|
|
CLR
885
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $7.58M | 0.01% |
188,503
-59,947
| -24% | -$2.41M |
|
|
BKI
886
DELISTED
Black Knight, Inc. Common Stock
BKI
| $7.58M | 0.01% |
168,106
-7,213
| -4% | -$325K |
|
887
Columbia Sportswear
COLM
$3.01B
| $7.48M | 0.01% |
88,955
-10,685
| -11% | -$898K |
|
888
Howard Hughes
HHH
$4.68B
| $7.48M | 0.01% |
80,341
+566
| +0.7% | +$52.7K |
|
|
MZTI
889
The Marzetti Company Common Stock
MZTI
$4.97B
| $7.47M | 0.01% |
42,241
+4,628
| +12% | +$819K |
|
890
Rayonier
RYN
$4.04B
| $7.46M | 0.01% |
283,031
-27,333
| -9% | -$720K |
|
891
TEGNA Inc
TGNA
$3.37B
| $7.44M | 0.01% |
683,978
-58,994
| -8% | -$641K |
|
892
Advanced Energy
AEIS
$5.93B
| $7.37M | 0.01% |
171,761
+7,136
| +4% | +$306K |
|
|
GRA
893
DELISTED
W.R. Grace & Co.
GRA
| $7.36M | 0.01% |
113,357
-11,049
| -9% | -$717K |
|
894
Radian Group
RDN
$4.73B
| $7.35M | 0.01% |
449,050
-95,578
| -18% | -$1.56M |
|
895
Timken Company
TKR
$5.32B
| $7.34M | 0.01% |
196,732
-3,673
| -2% | -$137K |
|
896
Cathay General Bancorp
CATY
$3.4B
| $7.34M | 0.01% |
218,781
-816
| -0.4% | -$27.4K |
|
897
MasTec
MTZ
$15B
| $7.32M | 0.01% |
180,407
-3,847
| -2% | -$156K |
|
898
Exponent
EXPO
$3.5B
| $7.28M | 0.01% |
143,559
-9,158
| -6% | -$464K |
|
|
ORBK
899
DELISTED
Orbotech Ltd
ORBK
| $7.28M | 0.01% |
128,662
-30,234
| -19% | -$1.71M |
|
|
DISCA
900
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7.27M | 0.01% |
293,673
-50,507
| -15% | -$1.25M |
|