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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Insulet
PODD
$23.8B
| $7.22M | 0.01% |
75,960
-13,805
| -15% | -$1.31M |
|
952
SLM Corp
SLM
$6.05B
| $7.22M | 0.01% |
728,835
-61,122
| -8% | -$606K |
|
953
Armstrong World Industries
AWI
$8.61B
| $7.22M | 0.01% |
90,871
+4,457
| +5% | +$354K |
|
954
First Citizens BancShares
FCNCA
$25.4B
| $7.21M | 0.01% |
17,716
-3,472
| -16% | -$1.41M |
|
|
TGE
955
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $7.2M | 0.01% |
286,293
+15,255
| +6% | +$383K |
|
956
First Financial Bankshares
FFIN
$5.13B
| $7.19M | 0.01% |
248,942
+5,818
| +2% | +$168K |
|
957
HealthEquity
HQY
$7.96B
| $7.18M | 0.01% |
96,985
+487
| +0.5% | +$36K |
|
958
Cracker Barrel
CBRL
$1.16B
| $7.16M | 0.01% |
44,320
+2,894
| +7% | +$468K |
|
|
INVX
959
Innovex International, Inc.
INVX
$1.16B
| $7.16M | 0.01% |
156,165
+38,328
| +33% | +$1.76M |
|
960
Tetra Tech
TTEK
$9.51B
| $7.16M | 0.01% |
600,670
-71,355
| -11% | -$850K |
|
|
TECD
961
DELISTED
Tech Data Corp
TECD
| $7.13M | 0.01% |
69,615
-4,308
| -6% | -$441K |
|
962
Highwoods Properties
HIW
$3.49B
| $7.11M | 0.01% |
151,968
-29,352
| -16% | -$1.37M |
|
963
Insight Enterprises
NSIT
$4.07B
| $7.1M | 0.01% |
128,959
-714
| -0.6% | -$39.3K |
|
964
FTI Consulting
FCN
$5.4B
| $7.09M | 0.01% |
92,344
-23,345
| -20% | -$1.79M |
|
965
American Eagle Outfitters
AEO
$3.4B
| $7.07M | 0.01% |
318,972
-90,754
| -22% | -$2.01M |
|
966
Generac Holdings
GNRC
$11B
| $7.06M | 0.01% |
137,824
-5,333
| -4% | -$273K |
|
967
Brinker International
EAT
$7.07B
| $7.04M | 0.01% |
158,656
+6,707
| +4% | +$298K |
|
968
Enovis
ENOV
$1.81B
| $7.03M | 0.01% |
137,634
-9,730
| -7% | -$497K |
|
|
AMED
969
DELISTED
Amedisys
AMED
| $7.03M | 0.01% |
57,025
+1,310
| +2% | +$161K |
|
970
Thor Industries
THO
$5.83B
| $7.03M | 0.01% |
112,637
-14,710
| -12% | -$917K |
|
971
Quaker Houghton
KWR
$2.47B
| $7.01M | 0.01% |
34,992
+460
| +1% | +$92.2K |
|
|
WWE
972
DELISTED
World Wrestling Entertainment
WWE
| $6.98M | 0.01% |
80,389
-2,648
| -3% | -$230K |
|
973
Marriott Vacations Worldwide
VAC
$2.75B
| $6.96M | 0.01% |
74,468
-4,376
| -6% | -$409K |
|
|
CHK
974
DELISTED
Chesapeake Energy Corporation
CHK
| $6.96M | 0.01% |
11,225
+1,570
| +16% | +$973K |
|
|
PE
975
DELISTED
PARSLEY ENERGY INC
PE
| $6.95M | 0.01% |
360,313
-16,255
| -4% | -$314K |
|