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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Marriott Vacations Worldwide
VAC
$2.72B
| $10.2M | 0.01% |
75,626
+1,911
| +3% | +$258K |
|
902
WaFd
WAFD
$2.47B
| $10.2M | 0.01% |
298,474
+8,643
| +3% | +$296K |
|
|
TCO
903
DELISTED
Taubman Centers Inc.
TCO
| $10.2M | 0.01% |
156,044
+1,767
| +1% | +$116K |
|
904
Erie Indemnity
ERIE
$17.6B
| $10.2M | 0.01% |
83,786
-6,695
| -7% | -$816K |
|
905
Valmont Industries
VMI
$7.56B
| $10.1M | 0.01% |
61,187
+1,457
| +2% | +$242K |
|
906
US Foods
USFD
$17.9B
| $10.1M | 0.01% |
317,023
+62,708
| +25% | +$2M |
|
907
Watsco
WSO
$16.2B
| $10.1M | 0.01% |
59,530
+3,423
| +6% | +$582K |
|
908
Wintrust Financial
WTFC
$9.12B
| $10.1M | 0.01% |
122,786
+2,963
| +2% | +$244K |
|
909
RingCentral
RNG
$2.78B
| $10.1M | 0.01% |
208,551
+11,595
| +6% | +$561K |
|
910
Saic
SAIC
$4.81B
| $10.1M | 0.01% |
131,769
+3,976
| +3% | +$304K |
|
|
RPAI
911
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $10.1M | 0.01% |
749,169
+28,079
| +4% | +$377K |
|
|
SRC
912
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $10M | 0.01% |
261,025
+10,024
| +4% | +$386K |
|
|
LPNT
913
DELISTED
LifePoint Health, Inc.
LPNT
| $10M | 0.01% |
201,544
+14,855
| +8% | +$740K |
|
914
Stifel
SF
$11.7B
| $10M | 0.01% |
252,632
-4,864
| -2% | -$193K |
|
915
Wayfair
W
$11.8B
| $10M | 0.01% |
124,658
+5,317
| +4% | +$427K |
|
|
EQM
916
DELISTED
EQM Midstream Partners, LP
EQM
| $9.99M | 0.01% |
136,641
+4,912
| +4% | +$359K |
|
917
ONE Gas
OGS
$4.51B
| $9.99M | 0.01% |
136,309
+12,288
| +10% | +$900K |
|
|
XIFR
918
XPLR Infrastructure, LP
XIFR
$945M
| $9.98M | 0.01% |
231,551
+18,129
| +8% | +$782K |
|
919
Rithm Capital
RITM
$6.67B
| $9.98M | 0.01% |
557,920
+32,988
| +6% | +$590K |
|
|
NATI
920
DELISTED
National Instruments Corp
NATI
| $9.95M | 0.01% |
238,949
+6,162
| +3% | +$257K |
|
|
WGL
921
DELISTED
Wgl Holdings
WGL
| $9.94M | 0.01% |
115,745
+2,330
| +2% | +$200K |
|
|
TWO
922
Two Harbors Investment
TWO
$1.06B
| $9.92M | 0.01% |
152,493
+17,169
| +13% | +$1.12M |
|
923
Matador Resources
MTDR
$6.07B
| $9.91M | 0.01% |
318,383
+15,883
| +5% | +$494K |
|
|
CONE
924
DELISTED
CyrusOne Inc Common Stock
CONE
| $9.91M | 0.01% |
166,449
+26,106
| +19% | +$1.55M |
|
925
Charles River Laboratories
CRL
$7.71B
| $9.89M | 0.01% |
90,379
+12,224
| +16% | +$1.34M |
|