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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Kemper
KMPR
$3.36B
| $9.67M | 0.01% |
120,147
+13,606
| +13% | +$1.09M |
|
902
Keurig Dr Pepper
KDP
$36.7B
| $9.62M | 0.01% |
415,076
-113,994
| -22% | -$2.64M |
|
903
Littelfuse
LFUS
$6.52B
| $9.62M | 0.01% |
48,593
-6,945
| -13% | -$1.37M |
|
904
First Citizens BancShares
FCNCA
$25.8B
| $9.6M | 0.01% |
21,224
-147
| -0.7% | -$66.5K |
|
905
Marriott Vacations Worldwide
VAC
$2.69B
| $9.56M | 0.01% |
85,584
+24,542
| +40% | +$2.74M |
|
906
Stifel
SF
$11.8B
| $9.56M | 0.01% |
279,744
-5,409
| -2% | -$185K |
|
907
News Corp Class A
NWSA
$16.5B
| $9.55M | 0.01% |
724,168
-29,769
| -4% | -$393K |
|
908
VICI Properties
VICI
$35.4B
| $9.51M | 0.01% |
440,022
-6,321
| -1% | -$137K |
|
909
SLM Corp
SLM
$5.92B
| $9.49M | 0.01% |
851,447
-58,868
| -6% | -$656K |
|
|
MBFI
910
DELISTED
MB Financial Corp
MBFI
| $9.48M | 0.01% |
205,618
-3,510
| -2% | -$162K |
|
911
Howard Hughes
HHH
$4.84B
| $9.45M | 0.01% |
79,775
-1,461
| -2% | -$173K |
|
912
WaFd
WAFD
$2.47B
| $9.45M | 0.01% |
295,232
-24,879
| -8% | -$796K |
|
|
ORBK
913
DELISTED
Orbotech Ltd
ORBK
| $9.45M | 0.01% |
158,896
+17,965
| +13% | +$1.07M |
|
914
PBF Energy
PBF
$3.22B
| $9.42M | 0.01% |
188,727
-2,014
| -1% | -$101K |
|
915
Silicon Laboratories
SLAB
$4.41B
| $9.4M | 0.01% |
102,375
-7,318
| -7% | -$672K |
|
916
IPG Photonics
IPGP
$3.42B
| $9.39M | 0.01% |
60,145
-3,463
| -5% | -$540K |
|
|
RDC
917
DELISTED
Rowan Companies Plc
RDC
| $9.37M | 0.01% |
497,842
-23,324
| -4% | -$439K |
|
918
Idacorp
IDA
$6.8B
| $9.34M | 0.01% |
94,125
-3,030
| -3% | -$301K |
|
919
Black Hills Corp
BKH
$4.31B
| $9.32M | 0.01% |
160,472
+69,331
| +76% | +$4.03M |
|
920
Post Holdings
POST
$5.72B
| $9.31M | 0.01% |
145,052
-41,210
| -22% | -$2.64M |
|
921
Clean Harbors
CLH
$12.7B
| $9.29M | 0.01% |
129,783
-20,497
| -14% | -$1.47M |
|
|
APU
922
DELISTED
AmeriGas Partners, L.P.
APU
| $9.28M | 0.01% |
234,742
+101,734
| +76% | +$4.02M |
|
923
Columbia Sportswear
COLM
$2.99B
| $9.27M | 0.01% |
99,640
+8,704
| +10% | +$810K |
|
|
AAN.A
924
DELISTED
AARON'S INC CL-A
AAN.A
| $9.22M | 0.01% |
169,284
-8,113
| -5% | -$442K |
|
|
LPNT
925
DELISTED
LifePoint Health, Inc.
LPNT
| $9.19M | 0.01% |
142,727
+13,415
| +10% | +$864K |
|