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 | |
|---|---|---|---|---|---|---|
926
Oceaneering
OII
$2.45B
| $9.19M | 0.01% |
332,807
-17,705
| -5% | -$489K |
|
|
BBBY
927
DELISTED
Bed Bath & Beyond Inc
BBBY
| $9.18M | 0.01% |
611,688
-53,276
| -8% | -$799K |
|
928
Huntsman Corp
HUN
$1.89B
| $9.16M | 0.01% |
336,474
-7,399
| -2% | -$201K |
|
929
Haemonetics
HAE
$2.54B
| $9.14M | 0.01% |
79,781
-4,711
| -6% | -$540K |
|
|
ONC
930
BeOne Medicines Ltd. American Depositary Shares
ONC
$36.3B
| $9.14M | 0.01% |
53,072
+16,893
| +47% | +$2.91M |
|
931
KBR
KBR
$6.45B
| $9.12M | 0.01% |
431,740
-32,488
| -7% | -$686K |
|
|
BKI
932
DELISTED
Black Knight, Inc. Common Stock
BKI
| $9.11M | 0.01% |
175,319
+13,553
| +8% | +$704K |
|
933
Primerica
PRI
$8.93B
| $9.11M | 0.01% |
75,544
-4,338
| -5% | -$523K |
|
934
Cathay General Bancorp
CATY
$3.38B
| $9.1M | 0.01% |
219,597
-3,738
| -2% | -$155K |
|
935
First Horizon
FHN
$11.5B
| $9.09M | 0.01% |
526,394
-98,043
| -16% | -$1.69M |
|
|
STOR
936
DELISTED
STORE Capital Corporation
STOR
| $9.08M | 0.01% |
326,661
+5,353
| +2% | +$149K |
|
|
GPT
937
DELISTED
Gramercy Property Trust
GPT
| $9.07M | 0.01% |
330,538
-9,135
| -3% | -$251K |
|
|
X
938
DELISTED
US Steel
X
| $9.04M | 0.01% |
296,475
+21,254
| +8% | +$648K |
|
939
Douglas Emmett
DEI
$2.8B
| $9.04M | 0.01% |
239,520
-24,185
| -9% | -$912K |
|
940
Dana Inc
DAN
$2.76B
| $9.03M | 0.01% |
483,700
-23,855
| -5% | -$445K |
|
941
Ollie's Bargain Outlet
OLLI
$8.13B
| $8.99M | 0.01% |
93,525
+7,077
| +8% | +$680K |
|
942
Maximus
MMS
$5.06B
| $8.98M | 0.01% |
138,066
-15,496
| -10% | -$1.01M |
|
943
Royal Gold
RGLD
$12.4B
| $8.98M | 0.01% |
116,520
-10,314
| -8% | -$795K |
|
944
Travel + Leisure Co
TNL
$4.03B
| $8.91M | 0.01% |
205,518
-8,992
| -4% | -$390K |
|
945
FTI Consulting
FCN
$5.34B
| $8.9M | 0.01% |
121,629
-110
| -0.1% | -$8.05K |
|
|
CHK
946
DELISTED
Chesapeake Energy Corporation
CHK
| $8.9M | 0.01% |
9,906
-399
| -4% | -$358K |
|
947
W&T Offshore
WTI
$261M
| $8.89M | 0.01% |
922,536
+36,128
| +4% | +$348K |
|
|
GRA
948
DELISTED
W.R. Grace & Co.
GRA
| $8.89M | 0.01% |
124,406
-15,268
| -11% | -$1.09M |
|
949
TEGNA Inc
TGNA
$3.39B
| $8.89M | 0.01% |
742,972
-71,173
| -9% | -$851K |
|
950
Credit Acceptance
CACC
$5.61B
| $8.85M | 0.01% |
20,199
-18
| -0.1% | -$7.89K |
|