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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
COPT Defense Properties
CDP
$3.45B
| $7.87M | 0.01% |
237,794
-21,100
| -8% | -$698K |
|
977
Transocean
RIG
$3.08B
| $7.86M | 0.01% |
630,900
+100,200
| +19% | +$1.25M |
|
978
CACI
CACI
$10.9B
| $7.84M | 0.01% |
66,820
+1,100
| +2% | +$129K |
|
979
Brink's
BCO
$4.89B
| $7.83M | 0.01% |
146,457
-14,100
| -9% | -$754K |
|
|
BID
980
DELISTED
Sotheby's
BID
| $7.82M | 0.01% |
171,900
-3,100
| -2% | -$141K |
|
|
SPN
981
DELISTED
Superior Energy Services, Inc.
SPN
| $7.81M | 0.01% |
547,800
-82,300
| -13% | -$1.17M |
|
|
TXNM
982
TXNM Energy, Inc.
TXNM
$5.99B
| $7.81M | 0.01% |
211,000
+400
| +0.2% | +$14.8K |
|
983
CubeSmart
CUBE
$9.4B
| $7.77M | 0.01% |
299,212
-11,600
| -4% | -$301K |
|
984
ITT
ITT
$13.9B
| $7.76M | 0.01% |
189,107
-12,500
| -6% | -$513K |
|
|
FTR
985
DELISTED
Frontier Communications Corp.
FTR
| $7.74M | 0.01% |
240,958
+6,360
| +3% | +$204K |
|
|
NUAN
986
DELISTED
Nuance Communications, Inc.
NUAN
| $7.73M | 0.01% |
515,477
-11,434
| -2% | -$171K |
|
987
FirstCash
FCFS
$6.53B
| $7.72M | 0.01% |
157,112
-14,900
| -9% | -$732K |
|
|
NUVA
988
DELISTED
NuVasive, Inc.
NUVA
| $7.7M | 0.01% |
103,100
-300
| -0.3% | -$22.4K |
|
989
MBIA
MBI
$389M
| $7.68M | 0.01% |
906,500
-19,900
| -2% | -$169K |
|
990
Tetra Tech
TTEK
$9.5B
| $7.67M | 0.01% |
939,000
-44,500
| -5% | -$364K |
|
|
MDR
991
DELISTED
McDermott International
MDR
| $7.66M | 0.01% |
378,433
-72,767
| -16% | -$1.47M |
|
992
Grifois
GRFS
$6.76B
| $7.66M | 0.01% |
405,700
-17,500
| -4% | -$330K |
|
993
Wendy's
WEN
$1.85B
| $7.63M | 0.01% |
560,551
+363,400
| +184% | +$4.95M |
|
994
DNOW Inc
DNOW
$1.62B
| $7.63M | 0.01% |
449,720
-27,900
| -6% | -$473K |
|
995
Deluxe
DLX
$882M
| $7.6M | 0.01% |
105,300
-8,000
| -7% | -$577K |
|
996
Chord Energy
CHRD
$6.04B
| $7.6M | 0.01% |
532,800
-124,500
| -19% | -$1.78M |
|
997
Neurocrine Biosciences
NBIX
$14.1B
| $7.6M | 0.01% |
175,400
-7,600
| -4% | -$329K |
|
998
Valley National Bancorp
VLY
$6.1B
| $7.59M | 0.01% |
643,139
| – | – |
|
999
Benchmark Electronics
BHE
$1.42B
| $7.58M | 0.01% |
238,372
-14,100
| -6% | -$448K |
|
|
LVNTA
1000
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $7.58M | 0.01% |
170,400
-6,100
| -3% | -$271K |
|