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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
Travel + Leisure Co
TNL
$4.11B
| $7.57M | 0.01% |
187,015
-6,471
| -3% | -$262K |
|
|
TCS
927
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $7.57M | 0.01% |
57,334
+10,150
| +22% | +$1.34M |
|
|
EQM
928
DELISTED
EQM Midstream Partners, LP
EQM
| $7.55M | 0.01% |
163,533
+11,586
| +8% | +$535K |
|
929
Brown-Forman Class A
BF.A
$13.3B
| $7.51M | 0.01% |
146,716
+3,036
| +2% | +$155K |
|
930
Rayonier
RYN
$4.13B
| $7.5M | 0.01% |
249,942
-33,089
| -12% | -$992K |
|
931
Moog
MOG.A
$6.38B
| $7.48M | 0.01% |
86,031
-7,234
| -8% | -$629K |
|
932
IPG Photonics
IPGP
$3.49B
| $7.46M | 0.01% |
49,154
-5,857
| -11% | -$889K |
|
|
LSI
933
DELISTED
Life Storage, Inc.
LSI
| $7.45M | 0.01% |
114,930
-10,749
| -9% | -$697K |
|
934
ASGN Inc
ASGN
$2.33B
| $7.43M | 0.01% |
116,943
+17,306
| +17% | +$1.1M |
|
935
Funko
FNKO
$185M
| $7.41M | 0.01% |
341,200
| – | – |
|
936
New York Times
NYT
$9.53B
| $7.41M | 0.01% |
225,546
-15,884
| -7% | -$522K |
|
937
Webster Financial
WBS
$10.3B
| $7.4M | 0.01% |
146,061
-23,463
| -14% | -$1.19M |
|
938
nVent Electric
NVT
$15.4B
| $7.4M | 0.01% |
274,080
-19,400
| -7% | -$523K |
|
939
CNO Financial Group
CNO
$3.83B
| $7.35M | 0.01% |
454,485
-102,067
| -18% | -$1.65M |
|
940
Ingevity
NGVT
$2.14B
| $7.33M | 0.01% |
69,414
-1,000
| -1% | -$106K |
|
941
Nexstar Media Group
NXST
$6.25B
| $7.33M | 0.01% |
67,592
-8,082
| -11% | -$876K |
|
942
WaFd
WAFD
$2.49B
| $7.32M | 0.01% |
253,513
-35,697
| -12% | -$1.03M |
|
943
Vishay Intertechnology
VSH
$2.1B
| $7.31M | 0.01% |
395,563
-36,159
| -8% | -$668K |
|
944
Southern Copper
SCCO
$85.3B
| $7.28M | 0.01% |
192,540
-35,940
| -16% | -$1.36M |
|
|
NATI
945
DELISTED
National Instruments Corp
NATI
| $7.27M | 0.01% |
163,983
-27,815
| -15% | -$1.23M |
|
946
Avis
CAR
$5.53B
| $7.27M | 0.01% |
208,567
-31,961
| -13% | -$1.11M |
|
947
Southwest Gas
SWX
$5.69B
| $7.27M | 0.01% |
88,341
-5,481
| -6% | -$451K |
|
948
Prosperity Bancshares
PB
$6.44B
| $7.26M | 0.01% |
105,178
-31,345
| -23% | -$2.16M |
|
949
Valmont Industries
VMI
$7.63B
| $7.26M | 0.01% |
55,775
-3,587
| -6% | -$467K |
|
|
CONE
950
DELISTED
CyrusOne Inc Common Stock
CONE
| $7.24M | 0.01% |
138,009
+15,077
| +12% | +$791K |
|