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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
MGIC Investment
MTG
$6.67B
| $9.84M | 0.01% |
918,180
+210,430
| +30% | +$2.26M |
|
|
KLXI
902
DELISTED
KLX Inc.
KLXI
| $9.83M | 0.01% |
162,126
+21,670
| +15% | +$1.31M |
|
903
Core Laboratories
CLB
$594M
| $9.79M | 0.01% |
77,596
-13,854
| -15% | -$1.75M |
|
904
Wendy's
WEN
$1.88B
| $9.79M | 0.01% |
569,710
+28,263
| +5% | +$486K |
|
905
LPL Financial
LPLA
$27.8B
| $9.77M | 0.01% |
149,044
-52,286
| -26% | -$3.43M |
|
|
MBFI
906
DELISTED
MB Financial Corp
MBFI
| $9.77M | 0.01% |
209,128
+18,925
| +10% | +$884K |
|
|
USG
907
DELISTED
Usg
USG
| $9.76M | 0.01% |
226,430
+22,153
| +11% | +$955K |
|
908
Healthcare Services Group
HCSG
$1.2B
| $9.71M | 0.01% |
224,826
-29,174
| -11% | -$1.26M |
|
909
Tetra Tech
TTEK
$9.51B
| $9.71M | 0.01% |
829,700
+2,125
| +0.3% | +$24.9K |
|
910
Dick's Sporting Goods
DKS
$20.7B
| $9.7M | 0.01% |
275,068
+1,774
| +0.6% | +$62.5K |
|
911
Anywhere Real Estate
HOUS
$763M
| $9.67M | 0.01% |
423,999
+34,377
| +9% | +$784K |
|
|
TRCO
912
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $9.67M | 0.01% |
252,551
-2,989
| -1% | -$114K |
|
913
Neogen
NEOG
$1.25B
| $9.66M | 0.01% |
240,928
-22,778
| -9% | -$913K |
|
914
Five Below
FIVE
$8.04B
| $9.66M | 0.01% |
98,841
-10,093
| -9% | -$986K |
|
915
Adient
ADNT
$2B
| $9.64M | 0.01% |
195,876
-39,099
| -17% | -$1.92M |
|
916
Outfront Media
OUT
$3.13B
| $9.63M | 0.01% |
502,865
-15,009
| -3% | -$287K |
|
|
CTLT
917
DELISTED
CATALENT, INC.
CTLT
| $9.63M | 0.01% |
229,762
-30,790
| -12% | -$1.29M |
|
918
Valmont Industries
VMI
$7.63B
| $9.6M | 0.01% |
63,679
+5,606
| +10% | +$845K |
|
919
Park Hotels & Resorts
PK
$2.4B
| $9.59M | 0.01% |
313,087
+52,384
| +20% | +$1.6M |
|
|
PFPT
920
DELISTED
Proofpoint, Inc.
PFPT
| $9.58M | 0.01% |
83,115
-4,972
| -6% | -$573K |
|
|
WES
921
DELISTED
Western Gas Partners Lp
WES
| $9.57M | 0.01% |
197,817
+34,129
| +21% | +$1.65M |
|
|
X
922
DELISTED
US Steel
X
| $9.56M | 0.01% |
275,221
-45,960
| -14% | -$1.6M |
|
923
Wayfair
W
$11.7B
| $9.55M | 0.01% |
80,400
-39,859
| -33% | -$4.73M |
|
924
Maximus
MMS
$5.08B
| $9.54M | 0.01% |
153,562
+38,525
| +33% | +$2.39M |
|
925
Travel + Leisure Co
TNL
$4.11B
| $9.5M | 0.01% |
214,510
-480,584
| -69% | -$21.3M |
|