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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Applied Industrial Technologies
AIT
$10B
| $8.85M | 0.01% |
113,031
-13,561
| -11% | -$1.06M |
|
|
ZEN
952
DELISTED
ZENDESK INC
ZEN
| $8.81M | 0.01% |
124,124
+1,707
| +1% | +$121K |
|
|
KLXI
953
DELISTED
KLX Inc.
KLXI
| $8.75M | 0.01% |
139,300
-22,826
| -14% | -$1.43M |
|
954
Moog
MOG.A
$6.27B
| $8.72M | 0.01% |
101,369
-4,319
| -4% | -$371K |
|
955
Iridium Communications
IRDM
$1.89B
| $8.7M | 0.01% |
386,828
+3,352
| +0.9% | +$75.4K |
|
956
Strategic Education
STRA
$2B
| $8.65M | 0.01% |
63,116
+33,472
| +113% | +$4.59M |
|
|
SAVE
957
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.65M | 0.01% |
184,127
-10,092
| -5% | -$474K |
|
958
LiveRamp
RAMP
$1.73B
| $8.63M | 0.01% |
174,686
+25,328
| +17% | +$1.25M |
|
|
CTLT
959
DELISTED
CATALENT, INC.
CTLT
| $8.63M | 0.01% |
189,480
-40,282
| -18% | -$1.83M |
|
960
Generac Holdings
GNRC
$10.9B
| $8.63M | 0.01% |
152,909
-13,046
| -8% | -$736K |
|
961
Axon Enterprise
AXON
$59.3B
| $8.62M | 0.01% |
126,016
+12,353
| +11% | +$845K |
|
962
Adtalem Global Education
ATGE
$4.96B
| $8.6M | 0.01% |
178,421
-7,404
| -4% | -$357K |
|
963
Neogen
NEOG
$1.19B
| $8.58M | 0.01% |
239,824
-1,104
| -0.5% | -$39.5K |
|
964
InterDigital
IDCC
$8.37B
| $8.58M | 0.01% |
107,198
-7,019
| -6% | -$562K |
|
965
Southwest Gas
SWX
$5.68B
| $8.57M | 0.01% |
108,475
-24,562
| -18% | -$1.94M |
|
|
LM
966
DELISTED
Legg Mason, Inc.
LM
| $8.57M | 0.01% |
274,497
-60,847
| -18% | -$1.9M |
|
|
SAGE
967
DELISTED
Sage Therapeutics
SAGE
| $8.55M | 0.01% |
60,545
-4,051
| -6% | -$572K |
|
968
Under Armour Class C
UA
$2.05B
| $8.55M | 0.01% |
439,490
+5,490
| +1% | +$107K |
|
969
Saic
SAIC
$4.93B
| $8.54M | 0.01% |
105,983
-8,724
| -8% | -$703K |
|
970
Core Laboratories
CLB
$584M
| $8.51M | 0.01% |
73,487
-4,109
| -5% | -$476K |
|
971
Sprouts Farmers Market
SFM
$13.3B
| $8.51M | 0.01% |
310,488
+28,437
| +10% | +$779K |
|
972
Advanced Energy
AEIS
$5.92B
| $8.5M | 0.01% |
164,625
-9,986
| -6% | -$516K |
|
|
BIG
973
DELISTED
Big Lots, Inc.
BIG
| $8.5M | 0.01% |
203,426
+18,944
| +10% | +$792K |
|
974
Valmont Industries
VMI
$7.5B
| $8.47M | 0.01% |
61,174
-2,505
| -4% | -$347K |
|
|
WWE
975
DELISTED
World Wrestling Entertainment
WWE
| $8.46M | 0.01% |
87,412
+10,637
| +14% | +$1.03M |
|