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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Bankunited
BKU
$2.95B
| $9.47M | 0.01% |
266,249
+18,049
| +7% | +$642K |
|
|
RPAI
902
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $9.47M | 0.01% |
721,090
+51,190
| +8% | +$672K |
|
903
Tetra Tech
TTEK
$9.49B
| $9.46M | 0.01% |
1,016,590
+46,590
| +5% | +$434K |
|
904
Enovis
ENOV
$1.8B
| $9.46M | 0.01% |
132,024
+9,084
| +7% | +$651K |
|
905
Valmont Industries
VMI
$7.63B
| $9.44M | 0.01% |
59,730
+2,930
| +5% | +$463K |
|
906
Madison Square Garden
MSGS
$5.07B
| $9.41M | 0.01% |
61,647
+3,932
| +7% | +$600K |
|
907
Wintrust Financial
WTFC
$9.13B
| $9.38M | 0.01% |
119,823
+2,723
| +2% | +$213K |
|
908
Copa Holdings
CPA
$4.8B
| $9.36M | 0.01% |
75,178
+1,978
| +3% | +$246K |
|
|
MFA
909
MFA Financial
MFA
$1.05B
| $9.36M | 0.01% |
267,033
+21,983
| +9% | +$770K |
|
|
ATHN
910
DELISTED
Athenahealth, Inc.
ATHN
| $9.33M | 0.01% |
75,000
+1,200
| +2% | +$149K |
|
|
LHO
911
DELISTED
LaSalle Hotel Properties
LHO
| $9.3M | 0.01% |
320,623
+11,364
| +4% | +$330K |
|
912
Highwoods Properties
HIW
$3.49B
| $9.3M | 0.01% |
178,590
+6,194
| +4% | +$323K |
|
|
TCF
913
DELISTED
TCF Financial Corporation
TCF
| $9.27M | 0.01% |
544,054
+30,454
| +6% | +$519K |
|
914
Howard Hughes
HHH
$4.84B
| $9.26M | 0.01% |
82,359
+2,110
| +3% | +$237K |
|
915
Generac Holdings
GNRC
$11.1B
| $9.23M | 0.01% |
201,053
+18,653
| +10% | +$857K |
|
|
PSB
916
DELISTED
PS Business Parks, Inc.
PSB
| $9.23M | 0.01% |
69,142
+1,722
| +3% | +$230K |
|
|
TMX
917
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.23M | 0.01% |
294,800
+45,618
| +18% | +$1.43M |
|
918
Core Laboratories
CLB
$592M
| $9.21M | 0.01% |
93,348
+2,748
| +3% | +$271K |
|
919
TEGNA Inc
TGNA
$3.38B
| $9.19M | 0.01% |
689,346
+52,046
| +8% | +$694K |
|
920
Marriott Vacations Worldwide
VAC
$2.74B
| $9.18M | 0.01% |
73,715
+2,715
| +4% | +$338K |
|
921
Ryman Hospitality Properties
RHP
$6.37B
| $9.18M | 0.01% |
146,881
+2,581
| +2% | +$161K |
|
922
Stifel
SF
$11.8B
| $9.18M | 0.01% |
257,496
+6,670
| +3% | +$238K |
|
|
CAVM
923
DELISTED
Cavium, Inc.
CAVM
| $9.15M | 0.01% |
138,692
-652
| -0.5% | -$43K |
|
924
ONE Gas
OGS
$4.54B
| $9.13M | 0.01% |
124,021
+10,821
| +10% | +$797K |
|
|
IDTI
925
DELISTED
Integrated Device Technology I
IDTI
| $9.12M | 0.01% |
343,063
+13,563
| +4% | +$361K |
|