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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Southwest Gas
SWX
$5.69B
| $8.9M | 0.01% |
131,643
+17,789
| +16% | +$1.2M |
|
952
Erie Indemnity
ERIE
$17.7B
| $8.9M | 0.01% |
75,660
-8,126
| -10% | -$956K |
|
953
Silicon Laboratories
SLAB
$4.45B
| $8.88M | 0.01% |
98,805
+30,367
| +44% | +$2.73M |
|
954
Snap
SNAP
$12.3B
| $8.87M | 0.01% |
558,665
-34,159
| -6% | -$542K |
|
955
Post Holdings
POST
$5.76B
| $8.85M | 0.01% |
178,432
+21,222
| +13% | +$1.05M |
|
956
Neogen
NEOG
$1.25B
| $8.83M | 0.01% |
263,706
-8,966
| -3% | -$300K |
|
957
Healthcare Realty
HR
$6.44B
| $8.83M | 0.01% |
333,860
-35,281
| -10% | -$933K |
|
958
ZTO Express
ZTO
$15.5B
| $8.82M | 0.01% |
588,489
-88,945
| -13% | -$1.33M |
|
|
RP
959
DELISTED
RealPage, Inc.
RP
| $8.81M | 0.01% |
171,145
-11,908
| -7% | -$613K |
|
960
Telephone and Data Systems
TDS
$4.53B
| $8.81M | 0.01% |
314,227
-60,632
| -16% | -$1.7M |
|
961
Grifois
GRFS
$6.83B
| $8.79M | 0.01% |
414,700
| – | – |
|
962
Generac Holdings
GNRC
$11B
| $8.79M | 0.01% |
191,387
-30,525
| -14% | -$1.4M |
|
|
TCO
963
DELISTED
Taubman Centers Inc.
TCO
| $8.79M | 0.01% |
154,401
-1,643
| -1% | -$93.5K |
|
964
Antero Resources
AR
$10.1B
| $8.78M | 0.01% |
442,174
-12,357
| -3% | -$245K |
|
965
Radian Group
RDN
$4.81B
| $8.73M | 0.01% |
458,519
+47,070
| +11% | +$896K |
|
|
RSPP
966
DELISTED
RSP Permian, Inc.
RSPP
| $8.73M | 0.01% |
186,200
+15,200
| +9% | +$713K |
|
|
MOMO
967
Hello Group
MOMO
$1.2B
| $8.72M | 0.01% |
233,186
-32,694
| -12% | -$1.22M |
|
|
WGL
968
DELISTED
Wgl Holdings
WGL
| $8.72M | 0.01% |
104,185
-11,560
| -10% | -$967K |
|
|
PDM
969
Piedmont Realty Trust, Inc.
PDM
$1.09B
| $8.71M | 0.01% |
494,859
-67,506
| -12% | -$1.19M |
|
970
Comtech Telecommunications
CMTL
$68.2M
| $8.65M | 0.01% |
289,236
-62,381
| -18% | -$1.86M |
|
|
QEP
971
DELISTED
QEP RESOURCES, INC.
QEP
| $8.64M | 0.01% |
882,789
-131,573
| -13% | -$1.29M |
|
972
Regal Rexnord
RRX
$9.62B
| $8.64M | 0.01% |
117,717
+8,998
| +8% | +$660K |
|
973
Copa Holdings
CPA
$4.82B
| $8.63M | 0.01% |
67,105
-10,196
| -13% | -$1.31M |
|
|
EQM
974
DELISTED
EQM Midstream Partners, LP
EQM
| $8.63M | 0.01% |
146,183
+9,542
| +7% | +$563K |
|
|
CXP
975
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $8.62M | 0.01% |
421,462
-63,519
| -13% | -$1.3M |
|