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 | |
|---|---|---|---|---|---|---|
|
PFPT
876
DELISTED
Proofpoint, Inc.
PFPT
| $8.53M | 0.01% |
70,257
-1,175
| -2% | -$143K |
|
877
EnerSys
ENS
$4.02B
| $8.46M | 0.01% |
129,797
-10,759
| -8% | -$701K |
|
878
Hancock Whitney
HWC
$5.38B
| $8.41M | 0.01% |
208,252
-23,296
| -10% | -$941K |
|
879
ScottsMiracle-Gro
SMG
$3.56B
| $8.39M | 0.01% |
106,790
-4,597
| -4% | -$361K |
|
|
ISBC
880
DELISTED
Investors Bancorp, Inc.
ISBC
| $8.36M | 0.01% |
705,840
-39,116
| -5% | -$464K |
|
881
First Bancorp
FBP
$3.54B
| $8.36M | 0.01% |
729,656
+20,255
| +3% | +$232K |
|
|
SC
882
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $8.32M | 0.01% |
393,784
+30,396
| +8% | +$642K |
|
|
CLR
883
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $8.32M | 0.01% |
185,812
-2,691
| -1% | -$120K |
|
884
Navient
NAVI
$1.31B
| $8.29M | 0.01% |
716,767
-52,145
| -7% | -$603K |
|
885
Air Lease Corp
AL
$7.1B
| $8.28M | 0.01% |
241,062
-13,596
| -5% | -$467K |
|
886
BWX Technologies
BWXT
$15.5B
| $8.27M | 0.01% |
166,777
-21,448
| -11% | -$1.06M |
|
887
Ollie's Bargain Outlet
OLLI
$8.07B
| $8.26M | 0.01% |
96,838
-1,351
| -1% | -$115K |
|
888
XPO
XPO
$15.8B
| $8.22M | 0.01% |
442,158
-52,985
| -11% | -$985K |
|
|
PSB
889
DELISTED
PS Business Parks, Inc.
PSB
| $8.19M | 0.01% |
52,235
+5,537
| +12% | +$868K |
|
890
Western Midstream Partners
WES
$14.6B
| $8.19M | 0.01% |
261,126
+206,178
| +375% | +$6.47M |
|
891
Cable One
CABO
$1B
| $8.18M | 0.01% |
8,335
+446
| +6% | +$438K |
|
892
Under Armour Class C
UA
$2.1B
| $8.15M | 0.01% |
431,982
-6,300
| -1% | -$119K |
|
893
Littelfuse
LFUS
$6.72B
| $8.14M | 0.01% |
44,587
+3,141
| +8% | +$573K |
|
894
ONE Gas
OGS
$4.56B
| $8.13M | 0.01% |
91,334
+1,278
| +1% | +$114K |
|
895
Western Alliance Bancorporation
WAL
$9.89B
| $8.13M | 0.01% |
198,091
-15,661
| -7% | -$643K |
|
896
Casey's General Stores
CASY
$20.6B
| $8.13M | 0.01% |
63,126
-3,386
| -5% | -$436K |
|
897
Apple Hospitality REIT
APLE
$3.01B
| $8.13M | 0.01% |
498,645
+13,610
| +3% | +$222K |
|
898
Exponent
EXPO
$3.58B
| $8.11M | 0.01% |
140,518
-3,041
| -2% | -$176K |
|
|
ETRN
899
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $8.09M | 0.01% |
371,331
-10,261
| -3% | -$223K |
|
900
Planet Fitness
PLNT
$8.68B
| $8.07M | 0.01% |
117,377
+21,342
| +22% | +$1.47M |
|