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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
UNVR
951
DELISTED
Univar Solutions Inc.
UNVR
| $7.48M | 0.01% |
300,846
-19,120
| -6% | -$476K |
|
952
Ryder
R
$7.64B
| $7.47M | 0.01% |
105,148
-7,827
| -7% | -$556K |
|
953
Teradata
TDC
$1.99B
| $7.44M | 0.01% |
201,063
-24,538
| -11% | -$908K |
|
|
MNDT
954
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $7.43M | 0.01% |
340,535
-109,018
| -24% | -$2.38M |
|
955
Matador Resources
MTDR
$6.01B
| $7.41M | 0.01% |
159,108
+34,710
| +28% | +$1.62M |
|
956
Armstrong World Industries
AWI
$8.58B
| $7.41M | 0.01% |
98,885
-4,264
| -4% | -$320K |
|
957
Evercore
EVR
$12.3B
| $7.41M | 0.01% |
79,167
-5,869
| -7% | -$549K |
|
958
MGIC Investment
MTG
$6.55B
| $7.41M | 0.01% |
588,000
-72,016
| -11% | -$907K |
|
959
Tandem Diabetes Care
TNDM
$850M
| $7.41M | 0.01% |
125,172
-3,111
| -2% | -$184K |
|
|
MZTI
960
The Marzetti Company Common Stock
MZTI
$5.08B
| $7.34M | 0.01% |
56,991
+15,371
| +37% | +$1.98M |
|
961
NCR Voyix
VYX
$1.84B
| $7.34M | 0.01% |
384,515
-44,243
| -10% | -$844K |
|
962
Franklin Electric
FELE
$4.34B
| $7.34M | 0.01% |
100,133
-3,985
| -4% | -$292K |
|
963
Yeti Holdings
YETI
$2.95B
| $7.33M | 0.01% |
169,424
-7,944
| -4% | -$344K |
|
|
SGI
964
Somnigroup International Inc.
SGI
$18.3B
| $7.33M | 0.01% |
343,030
-40,623
| -11% | -$868K |
|
965
Southern Copper
SCCO
$83.6B
| $7.29M | 0.01% |
153,676
-20,495
| -12% | -$972K |
|
966
Fox Factory Holding Corp
FOXF
$1.22B
| $7.23M | 0.01% |
89,778
-4,438
| -5% | -$357K |
|
967
Timken Company
TKR
$5.42B
| $7.22M | 0.01% |
136,003
| – | – |
|
968
RH
RH
$4.7B
| $7.21M | 0.01% |
33,965
-1,176
| -3% | -$250K |
|
969
Arrowhead Research
ARWR
$4.02B
| $7.21M | 0.01% |
204,705
+328
| +0.2% | +$11.5K |
|
970
Grand Canyon Education
LOPE
$5.74B
| $7.2M | 0.01% |
76,393
-11,306
| -13% | -$1.06M |
|
971
Hillenbrand
HI
$1.85B
| $7.18M | 0.01% |
175,363
| – | – |
|
972
Ormat Technologies
ORA
$5.51B
| $7.18M | 0.01% |
91,683
+2,838
| +3% | +$222K |
|
973
SM Energy
SM
$3.09B
| $7.15M | 0.01% |
209,199
+29,422
| +16% | +$1.01M |
|
|
COUP
974
DELISTED
Coupa Software Incorporated
COUP
| $7.15M | 0.01% |
125,217
-5,019
| -4% | -$287K |
|
975
Ultragenyx Pharmaceutical
RARE
$3.07B
| $7.13M | 0.01% |
119,466
-11,290
| -9% | -$674K |
|