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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Cadence Bank
CADE
$6.96B
| $8.98M | 0.01% |
272,662
+30,128
| +12% | +$993K |
|
|
TECD
952
DELISTED
Tech Data Corp
TECD
| $8.98M | 0.01% |
109,381
+2,613
| +2% | +$215K |
|
953
Idacorp
IDA
$6.79B
| $8.96M | 0.01% |
97,155
-15,390
| -14% | -$1.42M |
|
954
Zillow
ZG
$20.8B
| $8.95M | 0.01% |
149,850
+479
| +0.3% | +$28.6K |
|
955
Timken Company
TKR
$5.51B
| $8.95M | 0.01% |
205,508
+17,916
| +10% | +$780K |
|
|
POLY
956
DELISTED
Plantronics, Inc.
POLY
| $8.94M | 0.01% |
117,265
-11,335
| -9% | -$864K |
|
957
Adtalem Global Education
ATGE
$4.98B
| $8.94M | 0.01% |
185,825
-9,441
| -5% | -$454K |
|
958
BGC Group
BGC
$4.84B
| $8.93M | 0.01% |
1,226,049
-11,750
| -0.9% | -$85.5K |
|
959
Oceaneering
OII
$2.48B
| $8.92M | 0.01% |
350,512
-29,302
| -8% | -$746K |
|
960
Brown-Forman Class A
BF.A
$13.3B
| $8.91M | 0.01% |
182,425
-37,108
| -17% | -$1.81M |
|
961
Applied Industrial Technologies
AIT
$10.2B
| $8.88M | 0.01% |
126,592
+1,120
| +0.9% | +$78.6K |
|
962
Bright Horizons
BFAM
$6.49B
| $8.87M | 0.01% |
86,480
-14,881
| -15% | -$1.53M |
|
963
Bank of Hawaii
BOH
$2.74B
| $8.86M | 0.01% |
106,183
-14,746
| -12% | -$1.23M |
|
964
TEGNA Inc
TGNA
$3.38B
| $8.83M | 0.01% |
814,145
+70,193
| +9% | +$762K |
|
965
Ionis Pharmaceuticals
IONS
$10.2B
| $8.83M | 0.01% |
211,900
-42,200
| -17% | -$1.76M |
|
966
iShares TIPS Bond ETF
TIP
$14B
| $8.83M | 0.01% |
78,224
+7,389
| +10% | +$834K |
|
|
STOR
967
DELISTED
STORE Capital Corporation
STOR
| $8.8M | 0.01% |
321,308
-2,735
| -0.8% | -$74.9K |
|
968
Brinker International
EAT
$7.07B
| $8.78M | 0.01% |
184,545
-14,074
| -7% | -$670K |
|
969
Genworth Financial
GNW
$3.62B
| $8.78M | 0.01% |
1,951,371
-1,407,444
| -42% | -$6.33M |
|
970
Atlassian
TEAM
$46.4B
| $8.78M | 0.01% |
140,443
-26,212
| -16% | -$1.64M |
|
971
Viasat
VSAT
$4.28B
| $8.76M | 0.01% |
133,249
+20,868
| +19% | +$1.37M |
|
|
WRI
972
DELISTED
Weingarten Realty Investors
WRI
| $8.73M | 0.01% |
283,320
-44,866
| -14% | -$1.38M |
|
|
ORBK
973
DELISTED
Orbotech Ltd
ORBK
| $8.71M | 0.01% |
140,931
-35,007
| -20% | -$2.16M |
|
974
Valley National Bancorp
VLY
$6.03B
| $8.71M | 0.01% |
716,042
+54,951
| +8% | +$668K |
|
|
BKI
975
DELISTED
Black Knight, Inc. Common Stock
BKI
| $8.66M | 0.01% |
161,766
+7,793
| +5% | +$417K |
|