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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Cleveland-Cliffs
CLF
$5.83B
| $7.88M | 0.01% |
2,627,300
+498,300
| +23% | +$1.49M |
|
977
Cognex
CGNX
$7.55B
| $7.86M | 0.01% |
403,600
-27,000
| -6% | -$526K |
|
978
BGC Group
BGC
$4.84B
| $7.85M | 0.01% |
1,349,274
+16,328
| +1% | +$95K |
|
|
MENT
979
DELISTED
Mentor Graphics Corp
MENT
| $7.84M | 0.01% |
385,800
+83,600
| +28% | +$1.7M |
|
980
Viasat
VSAT
$4.28B
| $7.83M | 0.01% |
106,600
-5,900
| -5% | -$434K |
|
981
Fossil Group
FOSL
$167M
| $7.81M | 0.01% |
175,900
+22,200
| +14% | +$986K |
|
982
Trinity Industries
TRN
$2.31B
| $7.81M | 0.01% |
592,686
+12,640
| +2% | +$167K |
|
|
RDC
983
DELISTED
Rowan Companies Plc
RDC
| $7.76M | 0.01% |
482,100
-45,000
| -9% | -$725K |
|
984
AutoNation
AN
$8.56B
| $7.74M | 0.01% |
165,900
-13,300
| -7% | -$621K |
|
985
Tanger
SKT
$3.91B
| $7.73M | 0.01% |
212,400
-10,800
| -5% | -$393K |
|
986
Eagle Materials
EXP
$7.7B
| $7.73M | 0.01% |
110,200
-10,600
| -9% | -$743K |
|
|
VRE
987
Veris Residential
VRE
$1.51B
| $7.72M | 0.01% |
328,699
+6,500
| +2% | +$153K |
|
988
ProAssurance
PRA
$1.22B
| $7.72M | 0.01% |
152,578
+900
| +0.6% | +$45.5K |
|
989
Air Lease Corp
AL
$7.1B
| $7.7M | 0.01% |
239,800
-12,800
| -5% | -$411K |
|
990
Allison Transmission
ALSN
$7.57B
| $7.7M | 0.01% |
285,400
-2,400
| -0.8% | -$64.8K |
|
|
JOY
991
DELISTED
Joy Global Inc
JOY
| $7.66M | 0.01% |
476,605
+102,100
| +27% | +$1.64M |
|
|
BDN
992
Brandywine Realty Trust
BDN
$782M
| $7.6M | 0.01% |
541,951
-10,700
| -2% | -$150K |
|
|
LNCE
993
DELISTED
Snyders-Lance, Inc.
LNCE
| $7.6M | 0.01% |
241,495
+56,695
| +31% | +$1.78M |
|
994
Federated Hermes
FHI
$4.2B
| $7.6M | 0.01% |
263,300
-12,200
| -4% | -$352K |
|
|
APOL
995
DELISTED
Apollo Education Group Inc Class A
APOL
| $7.6M | 0.01% |
924,506
+234,400
| +34% | +$1.93M |
|
996
WaFd
WAFD
$2.49B
| $7.55M | 0.01% |
333,312
-4,000
| -1% | -$90.6K |
|
|
WBMD
997
DELISTED
WebMD Health Corp.
WBMD
| $7.54M | 0.01% |
120,456
+5,300
| +5% | +$332K |
|
998
Century Aluminum
CENX
$2.29B
| $7.54M | 0.01% |
1,069,800
-24,500
| -2% | -$173K |
|
999
Brixmor Property Group
BRX
$8.6B
| $7.53M | 0.01% |
293,800
-15,600
| -5% | -$400K |
|
|
ATML
1000
DELISTED
ATMEL CORP
ATML
| $7.52M | 0.01% |
926,600
-96,500
| -9% | -$784K |
|