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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Icon
ICLR
$12.9B
| $9.09M | 0.02% |
120,900
-30,900
| -20% | -$2.32M |
|
902
American Homes 4 Rent
AMH
$12.7B
| $9.04M | 0.02% |
430,944
-9,800
| -2% | -$206K |
|
903
Avient
AVNT
$3.34B
| $9.01M | 0.02% |
281,300
+6,300
| +2% | +$202K |
|
904
Hope Bancorp
HOPE
$1.41B
| $9.01M | 0.02% |
411,759
-44,653
| -10% | -$977K |
|
905
Bankunited
BKU
$2.9B
| $9.01M | 0.02% |
239,000
-21,800
| -8% | -$822K |
|
|
MIC
906
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $8.98M | 0.02% |
109,900
+9,200
| +9% | +$752K |
|
|
FCE.A
907
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $8.95M | 0.02% |
429,310
-55,100
| -11% | -$1.15M |
|
908
Howard Hughes
HHH
$4.68B
| $8.93M | 0.02% |
82,137
-524
| -0.6% | -$57K |
|
909
Sunstone Hotel Investors
SHO
$1.76B
| $8.91M | 0.02% |
584,539
+5,100
| +0.9% | +$77.8K |
|
910
Vishay Intertechnology
VSH
$2.07B
| $8.87M | 0.01% |
547,500
-45,500
| -8% | -$737K |
|
911
Cirrus Logic
CRUS
$5.78B
| $8.86M | 0.01% |
156,700
-35,300
| -18% | -$2M |
|
|
WES
912
DELISTED
Western Gas Partners Lp
WES
| $8.84M | 0.01% |
150,400
+140
| +0.1% | +$8.23K |
|
|
CBI
913
DELISTED
Chicago Bridge & Iron Nv
CBI
| $8.83M | 0.01% |
278,200
+15,900
| +6% | +$505K |
|
914
Genpact
G
$7.49B
| $8.79M | 0.01% |
361,000
-32,200
| -8% | -$784K |
|
915
Dolby
DLB
$6.8B
| $8.78M | 0.01% |
194,200
-22,400
| -10% | -$1.01M |
|
916
Vital Energy
VTLE
$647M
| $8.74M | 0.01% |
30,900
-1,600
| -5% | -$453K |
|
917
Axalta
AXTA
$6.7B
| $8.71M | 0.01% |
320,100
-16,400
| -5% | -$446K |
|
|
AEL
918
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.71M | 0.01% |
386,311
+25,400
| +7% | +$572K |
|
919
Graphic Packaging
GPK
$6.14B
| $8.7M | 0.01% |
697,400
-90,000
| -11% | -$1.12M |
|
920
Rithm Capital
RITM
$6.63B
| $8.69M | 0.01% |
552,950
+32,400
| +6% | +$509K |
|
|
CAVM
921
DELISTED
Cavium, Inc.
CAVM
| $8.66M | 0.01% |
138,744
-10,200
| -7% | -$637K |
|
922
Sun Communities
SUI
$16.1B
| $8.63M | 0.01% |
112,700
-8,800
| -7% | -$674K |
|
|
MFA
923
MFA Financial
MFA
$1.05B
| $8.62M | 0.01% |
282,500
-4,775
| -2% | -$146K |
|
|
PHH
924
DELISTED
PHH Corporation
PHH
| $8.61M | 0.01% |
567,932
+3,900
| +0.7% | +$59.1K |
|
925
Zillow
Z
$20.8B
| $8.58M | 0.01% |
235,200
+13,700
| +6% | +$500K |
|