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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CAB
951
DELISTED
Cabela's Inc
CAB
| $7.91M | 0.01% |
173,500
+2,400
| +1% | +$109K |
|
|
ARRS
952
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $7.91M | 0.01% |
304,400
-10,200
| -3% | -$265K |
|
|
CLC
953
DELISTED
Clarcor
CLC
| $7.9M | 0.01% |
165,700
-5,400
| -3% | -$257K |
|
954
Fulton Financial
FULT
$3.51B
| $7.89M | 0.01% |
651,900
-18,000
| -3% | -$218K |
|
|
TIME
955
DELISTED
Time Inc.
TIME
| $7.89M | 0.01% |
414,070
+36,675
| +10% | +$699K |
|
956
Associated Banc-Corp
ASB
$4.36B
| $7.89M | 0.01% |
438,885
-11,200
| -2% | -$201K |
|
|
PDCE
957
DELISTED
PDC Energy, Inc.
PDCE
| $7.88M | 0.01% |
148,600
| – | – |
|
|
DATA
958
DELISTED
Tableau Software, Inc.
DATA
| $7.87M | 0.01% |
98,600
-17,300
| -15% | -$1.38M |
|
959
Liberty Media Series A
FWONA
$22.4B
| $7.86M | 0.01% |
327,208
-11,155
| -3% | -$268K |
|
960
Dana Inc
DAN
$2.73B
| $7.85M | 0.01% |
494,509
-4,600
| -0.9% | -$73.1K |
|
|
CPHD
961
DELISTED
Cepheid Inc
CPHD
| $7.84M | 0.01% |
173,500
+9,500
| +6% | +$429K |
|
|
FCE.A
962
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $7.83M | 0.01% |
389,110
-41,400
| -10% | -$833K |
|
963
Ciena
CIEN
$18.7B
| $7.83M | 0.01% |
377,670
+29,670
| +9% | +$615K |
|
964
Monro
MNRO
$507M
| $7.83M | 0.01% |
115,841
+2,400
| +2% | +$162K |
|
965
Prestige Consumer Healthcare
PBH
$3.2B
| $7.81M | 0.01% |
173,000
+12,000
| +7% | +$542K |
|
966
Air Lease Corp
AL
$7.11B
| $7.81M | 0.01% |
252,600
-7,700
| -3% | -$238K |
|
967
Fossil Group
FOSL
$159M
| $7.8M | 0.01% |
139,500
+1,600
| +1% | +$89.4K |
|
968
Matador Resources
MTDR
$6.16B
| $7.79M | 0.01% |
375,800
+234,100
| +165% | +$4.86M |
|
969
Vail Resorts
MTN
$5.37B
| $7.77M | 0.01% |
74,200
-2,200
| -3% | -$230K |
|
970
Patterson-UTI
PTEN
$2.14B
| $7.76M | 0.01% |
590,451
+7,000
| +1% | +$92K |
|
971
W.P. Carey
WPC
$14.8B
| $7.75M | 0.01% |
136,814
-5,820
| -4% | -$330K |
|
972
DNOW Inc
DNOW
$1.61B
| $7.74M | 0.01% |
522,720
+6,675
| +1% | +$98.8K |
|
973
Dolby
DLB
$6.8B
| $7.72M | 0.01% |
236,800
-1,600
| -0.7% | -$52.2K |
|
974
Allison Transmission
ALSN
$7.57B
| $7.71M | 0.01% |
289,000
+5,600
| +2% | +$149K |
|
|
MDCO
975
DELISTED
Medicines Co
MDCO
| $7.71M | 0.01% |
203,200
-10,400
| -5% | -$395K |
|