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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Sanmina
SANM
$6.53B
| $7.71M | 0.01% |
360,710
-11,700
| -3% | -$250K |
|
|
TEN
977
Tsakos Energy Navigation Ltd.
TEN
$648M
| $7.67M | 0.01% |
188,640
| – | – |
|
978
Monolithic Power Systems
MPWR
$41B
| $7.67M | 0.01% |
149,700
-1,300
| -0.9% | -$66.6K |
|
|
CTB
979
DELISTED
Cooper Tire & Rubber Co.
CTB
| $7.63M | 0.01% |
193,027
-17,600
| -8% | -$695K |
|
|
WDR
980
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $7.61M | 0.01% |
218,834
-1,000
| -0.5% | -$34.8K |
|
|
CNL
981
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $7.61M | 0.01% |
142,900
-4,700
| -3% | -$250K |
|
982
Wintrust Financial
WTFC
$9.17B
| $7.57M | 0.01% |
141,702
-4,200
| -3% | -$224K |
|
|
RAX
983
DELISTED
Rackspace Hosting Inc
RAX
| $7.57M | 0.01% |
306,700
-44,100
| -13% | -$1.09M |
|
|
TCF
984
DELISTED
TCF Financial Corporation
TCF
| $7.56M | 0.01% |
498,700
-8,200
| -2% | -$124K |
|
|
PLCM
985
DELISTED
POLYCOM INC
PLCM
| $7.54M | 0.01% |
719,442
-18,900
| -3% | -$198K |
|
986
Thor Industries
THO
$5.83B
| $7.49M | 0.01% |
144,500
-10,900
| -7% | -$565K |
|
987
Vital Energy
VTLE
$647M
| $7.48M | 0.01% |
39,635
+24,545
| +163% | +$4.63M |
|
988
Grifois
GRFS
$6.7B
| $7.47M | 0.01% |
491,600
| – | – |
|
989
Graham Holdings Company
GHC
$4.97B
| $7.46M | 0.01% |
12,930
-9,462
| -42% | -$5.46M |
|
990
Advanced Energy
AEIS
$5.93B
| $7.45M | 0.01% |
283,100
-7,600
| -3% | -$200K |
|
991
Portland General Electric
POR
$4.63B
| $7.44M | 0.01% |
201,100
-9,800
| -5% | -$362K |
|
992
WaFd
WAFD
$2.47B
| $7.42M | 0.01% |
326,112
-1,000
| -0.3% | -$22.8K |
|
993
Westlake Corp
WLK
$10.9B
| $7.41M | 0.01% |
142,800
-4,800
| -3% | -$249K |
|
|
AAN.A
994
DELISTED
AARON'S INC CL-A
AAN.A
| $7.41M | 0.01% |
205,200
+10,000
| +5% | +$361K |
|
|
CIM
995
Chimera Investment
CIM
$1.17B
| $7.41M | 0.01% |
184,647
+13,700
| +8% | +$549K |
|
996
Cognex
CGNX
$7.45B
| $7.4M | 0.01% |
430,600
-13,800
| -3% | -$237K |
|
|
POLY
997
DELISTED
Plantronics, Inc.
POLY
| $7.4M | 0.01% |
145,500
-11,600
| -7% | -$590K |
|
|
CVA
998
DELISTED
Covanta Holding Corporation
CVA
| $7.4M | 0.01% |
423,800
-40,000
| -9% | -$698K |
|
|
TEN
999
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.38M | 0.01% |
164,900
-19,700
| -11% | -$882K |
|
1000
Rithm Capital
RITM
$6.65B
| $7.38M | 0.01% |
563,350
-1,300
| -0.2% | -$17K |
|