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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Ryman Hospitality Properties
RHP
$6.34B
| $8.97M | 0.01% |
145,000
-3,600
| -2% | -$223K |
|
|
WNR
902
DELISTED
Western Refining Inc
WNR
| $8.89M | 0.01% |
253,607
-1,200
| -0.5% | -$42.1K |
|
903
Copa Holdings
CPA
$4.73B
| $8.88M | 0.01% |
79,100
-2,500
| -3% | -$281K |
|
904
Ziff Davis
ZD
$1.5B
| $8.87M | 0.01% |
121,555
-7,475
| -6% | -$545K |
|
|
CST
905
DELISTED
CST Brands, Inc.
CST
| $8.87M | 0.01% |
184,400
-12,800
| -6% | -$616K |
|
|
WES
906
DELISTED
Western Gas Partners Lp
WES
| $8.84M | 0.01% |
146,300
-4,100
| -3% | -$248K |
|
907
Howard Hughes
HHH
$4.68B
| $8.81M | 0.01% |
78,780
-3,357
| -4% | -$375K |
|
908
Openlane
KAR
$3.12B
| $8.8M | 0.01% |
532,363
+14,531
| +3% | +$240K |
|
909
White Mountains Insurance
WTM
$4.53B
| $8.8M | 0.01% |
10,000
| – | – |
|
910
Woodward
WWD
$14.4B
| $8.8M | 0.01% |
129,500
-10,400
| -7% | -$706K |
|
911
Edgewell Personal Care
EPC
$1.02B
| $8.79M | 0.01% |
120,200
-17,933
| -13% | -$1.31M |
|
912
Idacorp
IDA
$6.76B
| $8.76M | 0.01% |
105,600
-600
| -0.6% | -$49.8K |
|
|
TWO
913
Two Harbors Investment
TWO
$1.05B
| $8.76M | 0.01% |
114,200
+9,062
| +9% | +$695K |
|
914
Murphy USA
MUSA
$7.26B
| $8.75M | 0.01% |
119,149
+2,900
| +2% | +$213K |
|
915
American Eagle Outfitters
AEO
$3.4B
| $8.74M | 0.01% |
623,146
-11,300
| -2% | -$159K |
|
916
Jack in the Box
JACK
$342M
| $8.66M | 0.01% |
85,100
-6,000
| -7% | -$610K |
|
|
FCE.A
917
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $8.65M | 0.01% |
397,310
-32,000
| -7% | -$697K |
|
|
RICE
918
DELISTED
Rice Energy Inc.
RICE
| $8.65M | 0.01% |
365,100
+187,800
| +106% | +$4.45M |
|
919
Vital Energy
VTLE
$647M
| $8.65M | 0.01% |
29,625
-1,275
| -4% | -$372K |
|
920
Ionis Pharmaceuticals
IONS
$10.2B
| $8.62M | 0.01% |
214,500
-9,300
| -4% | -$374K |
|
|
MIC
921
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $8.62M | 0.01% |
107,000
-2,900
| -3% | -$234K |
|
|
AIRM
922
DELISTED
Air Methods Corp
AIRM
| $8.61M | 0.01% |
200,300
-3,000
| -1% | -$129K |
|
|
AEL
923
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.6M | 0.01% |
363,911
-22,400
| -6% | -$529K |
|
924
Highwoods Properties
HIW
$3.44B
| $8.6M | 0.01% |
174,996
-36,400
| -17% | -$1.79M |
|
925
Graphic Packaging
GPK
$6.24B
| $8.59M | 0.01% |
667,100
-30,300
| -4% | -$390K |
|