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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
IBKC
901
DELISTED
IBERIABANK Corp
IBKC
| $7.26M | 0.01% |
113,012
-13,879
| -11% | -$892K |
|
902
News Corp Class A
NWSA
$16.6B
| $7.23M | 0.01% |
637,390
-86,778
| -12% | -$985K |
|
903
Moog
MOG.A
$6.3B
| $7.23M | 0.01% |
93,265
-8,104
| -8% | -$628K |
|
904
Eagle Materials
EXP
$7.59B
| $7.21M | 0.01% |
118,195
+20,307
| +21% | +$1.24M |
|
905
BWX Technologies
BWXT
$15.5B
| $7.2M | 0.01% |
188,225
-57,076
| -23% | -$2.18M |
|
906
Southwest Gas
SWX
$5.69B
| $7.18M | 0.01% |
93,822
-14,653
| -14% | -$1.12M |
|
|
EV
907
DELISTED
Eaton Vance Corp.
EV
| $7.18M | 0.01% |
203,956
-9,369
| -4% | -$330K |
|
|
SRC
908
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $7.17M | 0.01% |
203,491
-54,222
| -21% | -$1.91M |
|
909
ONE Gas
OGS
$4.57B
| $7.17M | 0.01% |
90,056
-9,776
| -10% | -$778K |
|
910
Wolfspeed
WOLF
$332M
| $7.15M | 0.01% |
167,097
-36,856
| -18% | -$1.58M |
|
|
ARGO
911
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $7.14M | 0.01% |
106,188
-11,894
| -10% | -$800K |
|
912
Insulet
PODD
$24.2B
| $7.12M | 0.01% |
89,765
+25,600
| +40% | +$2.03M |
|
913
Generac Holdings
GNRC
$11.1B
| $7.12M | 0.01% |
143,157
-9,752
| -6% | -$485K |
|
|
AAN.A
914
DELISTED
AARON'S INC CL-A
AAN.A
| $7.11M | 0.01% |
169,078
-206
| -0.1% | -$8.66K |
|
915
Littelfuse
LFUS
$6.53B
| $7.11M | 0.01% |
41,446
-7,147
| -15% | -$1.23M |
|
916
Telephone and Data Systems
TDS
$4.48B
| $7.1M | 0.01% |
218,186
-21,797
| -9% | -$709K |
|
917
Under Armour Class C
UA
$2.05B
| $7.09M | 0.01% |
438,282
-1,208
| -0.3% | -$19.5K |
|
918
Evercore
EVR
$13.2B
| $7.09M | 0.01% |
99,012
-1,764
| -2% | -$126K |
|
|
CIM
919
Chimera Investment
CIM
$1.16B
| $7.08M | 0.01% |
132,357
-10,953
| -8% | -$586K |
|
920
WD-40
WDFC
$2.87B
| $7.06M | 0.01% |
38,549
-2,733
| -7% | -$501K |
|
|
CLGX
921
DELISTED
Corelogic, Inc.
CLGX
| $7.05M | 0.01% |
210,986
-45,268
| -18% | -$1.51M |
|
922
Highwoods Properties
HIW
$3.48B
| $7.02M | 0.01% |
181,320
-49,722
| -22% | -$1.92M |
|
923
First Financial Bankshares
FFIN
$5.12B
| $7.01M | 0.01% |
243,124
-576
| -0.2% | -$16.6K |
|
924
Pinduoduo
PDD
$177B
| $6.99M | 0.01% |
311,347
+193,279
| +164% | +$4.34M |
|
925
Tetra Tech
TTEK
$9.49B
| $6.96M | 0.01% |
672,025
-74,925
| -10% | -$776K |
|