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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
WaFd
WAFD
$2.47B
| $7.06M | 0.01% |
202,045
-51,468
| -20% | -$1.8M |
|
|
SMAR
927
DELISTED
Smartsheet Inc.
SMAR
| $7.04M | 0.01% |
+145,399
| New | +$7.04M |
|
928
Westlake Corp
WLK
$10.9B
| $7.03M | 0.01% |
101,144
-26,362
| -21% | -$1.83M |
|
|
LM
929
DELISTED
Legg Mason, Inc.
LM
| $7.01M | 0.01% |
183,224
-41,174
| -18% | -$1.58M |
|
|
ETRN
930
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $7.01M | 0.01% |
355,717
-15,614
| -4% | -$308K |
|
|
DISCA
931
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7M | 0.01% |
228,099
+28,256
| +14% | +$868K |
|
932
ACI Worldwide
ACIW
$5.17B
| $7M | 0.01% |
203,737
-27,143
| -12% | -$932K |
|
|
AIMC
933
DELISTED
Altra Industrial Motion Corp.
AIMC
| $6.99M | 0.01% |
194,830
-28,442
| -13% | -$1.02M |
|
|
CLR
934
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $6.98M | 0.01% |
165,899
-19,913
| -11% | -$838K |
|
935
Bank of Hawaii
BOH
$2.7B
| $6.96M | 0.01% |
83,881
-3,194
| -4% | -$265K |
|
|
SRC
936
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $6.93M | 0.01% |
162,528
+3,299
| +2% | +$141K |
|
937
WIX.com
WIX
$9.44B
| $6.92M | 0.01% |
48,670
-467
| -1% | -$66.4K |
|
938
Prosperity Bancshares
PB
$6.4B
| $6.91M | 0.01% |
104,563
-615
| -0.6% | -$40.6K |
|
939
Mine Safety
MSA
$6.63B
| $6.89M | 0.01% |
65,387
+2,508
| +4% | +$264K |
|
|
AAN.A
940
DELISTED
AARON'S INC CL-A
AAN.A
| $6.87M | 0.01% |
111,908
-15,007
| -12% | -$922K |
|
|
TRCO
941
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $6.87M | 0.01% |
148,669
-40,522
| -21% | -$1.87M |
|
942
Graphic Packaging
GPK
$6.24B
| $6.87M | 0.01% |
491,145
-238,555
| -33% | -$3.33M |
|
943
Sinclair Inc
SBGI
$933M
| $6.83M | 0.01% |
127,390
-36,220
| -22% | -$1.94M |
|
|
LHCG
944
DELISTED
LHC Group LLC
LHCG
| $6.83M | 0.01% |
57,118
-2,065
| -3% | -$247K |
|
945
CNO Financial Group
CNO
$3.8B
| $6.8M | 0.01% |
407,393
-47,092
| -10% | -$785K |
|
|
PE
946
DELISTED
PARSLEY ENERGY INC
PE
| $6.77M | 0.01% |
356,228
-4,085
| -1% | -$77.7K |
|
947
iShares TIPS Bond ETF
TIP
$14B
| $6.76M | 0.01% |
58,513
-87,783
| -60% | -$10.1M |
|
948
Ingevity
NGVT
$2.08B
| $6.75M | 0.01% |
64,212
-5,202
| -7% | -$547K |
|
949
MKS Inc. Common Stock
MKSI
$7.79B
| $6.74M | 0.01% |
86,558
-13,633
| -14% | -$1.06M |
|
|
LOGM
950
DELISTED
LogMein, Inc.
LOGM
| $6.74M | 0.01% |
91,489
+6,495
| +8% | +$479K |
|