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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Credit Acceptance
CACC
$5.87B
| $8.42M | 0.01% |
17,783
-1,198
| -6% | -$567K |
|
|
SRCL
902
DELISTED
Stericycle Inc
SRCL
| $8.39M | 0.01% |
191,379
-7,190
| -4% | -$315K |
|
903
GXO Logistics
GXO
$6.02B
| $8.39M | 0.01% |
193,899
-6,162
| -3% | -$267K |
|
904
Axalta
AXTA
$6.89B
| $8.38M | 0.01% |
378,969
-30,968
| -8% | -$685K |
|
905
Universal Display
OLED
$6.91B
| $8.37M | 0.01% |
82,794
-7,556
| -8% | -$764K |
|
906
Rivian
RIVN
$17.2B
| $8.35M | 0.01% |
324,331
+34,622
| +12% | +$891K |
|
|
CCMP
907
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $8.34M | 0.01% |
47,774
-7,987
| -14% | -$1.39M |
|
908
Sunrun
RUN
$4.19B
| $8.32M | 0.01% |
356,272
-14,266
| -4% | -$333K |
|
909
Thor Industries
THO
$5.94B
| $8.3M | 0.01% |
111,026
| – | – |
|
910
UiPath
PATH
$6.15B
| $8.28M | 0.01% |
455,335
+228,949
| +101% | +$4.16M |
|
911
ManpowerGroup
MAN
$1.91B
| $8.27M | 0.01% |
108,218
-7,406
| -6% | -$566K |
|
912
Avient
AVNT
$3.45B
| $8.2M | 0.01% |
204,575
+212
| +0.1% | +$8.5K |
|
913
TEGNA Inc
TGNA
$3.38B
| $8.19M | 0.01% |
390,676
-71,331
| -15% | -$1.5M |
|
914
Valley National Bancorp
VLY
$6.01B
| $8.18M | 0.01% |
786,179
-27,211
| -3% | -$283K |
|
915
Fox Class B
FOX
$24.9B
| $8.13M | 0.01% |
273,807
-22,094
| -7% | -$656K |
|
916
Albertsons Companies
ACI
$10.7B
| $8.09M | 0.01% |
302,717
-12,715
| -4% | -$340K |
|
917
Norwegian Cruise Line
NCLH
$11.6B
| $7.95M | 0.01% |
715,016
-11,116
| -2% | -$124K |
|
|
PDCE
918
DELISTED
PDC Energy, Inc.
PDCE
| $7.94M | 0.01% |
128,825
+33,912
| +36% | +$2.09M |
|
919
MasTec
MTZ
$14B
| $7.94M | 0.01% |
110,732
-5,000
| -4% | -$358K |
|
920
Element Solutions
ESI
$6.33B
| $7.93M | 0.01% |
445,320
-30,837
| -6% | -$549K |
|
921
CRISPR Therapeutics
CRSP
$4.99B
| $7.92M | 0.01% |
130,304
-13,329
| -9% | -$810K |
|
|
TRTN
922
DELISTED
Triton International Limited
TRTN
| $7.87M | 0.01% |
149,544
-1,946
| -1% | -$102K |
|
923
Kirby Corp
KEX
$4.97B
| $7.82M | 0.01% |
128,550
-4,264
| -3% | -$259K |
|
924
Janus Henderson
JHG
$6.91B
| $7.81M | 0.01% |
332,249
-36,579
| -10% | -$860K |
|
925
Maximus
MMS
$4.97B
| $7.81M | 0.01% |
124,956
-2,171
| -2% | -$136K |
|