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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Texas Pacific Land
TPL
$21.6B
| $9.99M | 0.01% |
59,322
-3,714
| -6% | -$626K |
|
|
DHC
902
Diversified Healthcare Trust
DHC
$1.09B
| $9.99M | 0.01% |
637,838
+34,996
| +6% | +$548K |
|
903
NETSCOUT
NTCT
$1.85B
| $9.96M | 0.01% |
378,096
-3,460
| -0.9% | -$91.2K |
|
904
Saic
SAIC
$4.9B
| $9.94M | 0.01% |
126,113
-5,656
| -4% | -$446K |
|
905
Idacorp
IDA
$6.79B
| $9.93M | 0.01% |
112,545
-21,516
| -16% | -$1.9M |
|
906
Highwoods Properties
HIW
$3.49B
| $9.91M | 0.01% |
226,206
+33,379
| +17% | +$1.46M |
|
|
TEN
907
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $9.91M | 0.01% |
180,643
-1,392
| -0.8% | -$76.4K |
|
|
AHL
908
DELISTED
ASPEN Insurance Holding Limited
AHL
| $9.91M | 0.01% |
220,949
-923
| -0.4% | -$41.4K |
|
909
Core Laboratories
CLB
$594M
| $9.9M | 0.01% |
91,450
-3,196
| -3% | -$346K |
|
|
PRAH
910
DELISTED
PRA Health Sciences, Inc.
PRAH
| $9.86M | 0.01% |
118,906
+21,065
| +22% | +$1.75M |
|
|
GWR
911
DELISTED
Genesee & Wyoming Inc.
GWR
| $9.86M | 0.01% |
139,301
+44,911
| +48% | +$3.18M |
|
912
Air Lease Corp
AL
$7.1B
| $9.84M | 0.01% |
230,827
+36,227
| +19% | +$1.54M |
|
913
Ciena
CIEN
$18.7B
| $9.81M | 0.01% |
378,663
+36,575
| +11% | +$947K |
|
|
ONC
914
BeOne Medicines Ltd. American Depositary Shares
ONC
$36.9B
| $9.78M | 0.01% |
58,222
+11,083
| +24% | +$1.86M |
|
915
U-Haul Holding Co
UHAL
$11B
| $9.75M | 0.01% |
282,630
-1,660
| -0.6% | -$57.3K |
|
916
Ziff Davis
ZD
$1.54B
| $9.73M | 0.01% |
141,817
+10,385
| +8% | +$713K |
|
917
Wintrust Financial
WTFC
$9.11B
| $9.7M | 0.01% |
112,675
-10,111
| -8% | -$870K |
|
|
CIM
918
Chimera Investment
CIM
$1.17B
| $9.64M | 0.01% |
184,654
-44,855
| -20% | -$2.34M |
|
919
Dick's Sporting Goods
DKS
$20.7B
| $9.58M | 0.01% |
273,294
-6,328
| -2% | -$222K |
|
920
Marriott Vacations Worldwide
VAC
$2.75B
| $9.56M | 0.01% |
71,804
-3,822
| -5% | -$509K |
|
921
Outfront Media
OUT
$3.13B
| $9.55M | 0.01% |
517,874
-36,575
| -7% | -$675K |
|
922
RLJ Lodging Trust
RLJ
$1.16B
| $9.54M | 0.01% |
490,494
-55,854
| -10% | -$1.09M |
|
|
DLPH
923
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $9.51M | 0.01% |
199,661
-3,805
| -2% | -$181K |
|
924
Genworth Financial
GNW
$3.62B
| $9.51M | 0.01% |
3,358,815
-1,314,935
| -28% | -$3.72M |
|
925
Wendy's
WEN
$1.88B
| $9.5M | 0.01% |
541,447
+26,010
| +5% | +$456K |
|