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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
EEP
976
DELISTED
Enbridge Energy Partners
EEP
| $8.36M | 0.01% |
523,036
+15,736
| +3% | +$251K |
|
|
GNCMA
977
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $8.35M | 0.01% |
204,611
-12,562
| -6% | -$512K |
|
978
AMC Networks
AMCX
$346M
| $8.34M | 0.01% |
142,644
+2,244
| +2% | +$131K |
|
979
Murphy USA
MUSA
$7.59B
| $8.33M | 0.01% |
120,754
+2,105
| +2% | +$145K |
|
980
CubeSmart
CUBE
$9.49B
| $8.33M | 0.01% |
320,778
+15,866
| +5% | +$412K |
|
981
Portland General Electric
POR
$4.65B
| $8.3M | 0.01% |
181,813
+12,913
| +8% | +$589K |
|
|
SAFM
982
DELISTED
Sanderson Farms Inc
SAFM
| $8.29M | 0.01% |
51,345
+2,745
| +6% | +$443K |
|
983
Southwest Gas
SWX
$5.69B
| $8.28M | 0.01% |
106,690
+1,690
| +2% | +$131K |
|
984
COPT Defense Properties
CDP
$3.45B
| $8.28M | 0.01% |
252,194
+18,000
| +8% | +$591K |
|
985
EastGroup Properties
EGP
$8.94B
| $8.27M | 0.01% |
93,881
+5,157
| +6% | +$454K |
|
|
CONE
986
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.27M | 0.01% |
140,343
+9,843
| +8% | +$580K |
|
987
Texas Pacific Land
TPL
$21.6B
| $8.25M | 0.01% |
61,230
+1,230
| +2% | +$166K |
|
988
RingCentral
RNG
$2.83B
| $8.22M | 0.01% |
196,956
+13,656
| +7% | +$570K |
|
989
GATX Corp
GATX
$6.11B
| $8.21M | 0.01% |
133,435
+3,546
| +3% | +$218K |
|
990
Matador Resources
MTDR
$6.05B
| $8.21M | 0.01% |
302,500
+2,600
| +0.9% | +$70.6K |
|
|
AEL
991
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.21M | 0.01% |
282,142
-19,669
| -7% | -$572K |
|
992
Apple Hospitality REIT
APLE
$3.01B
| $8.2M | 0.01% |
433,863
+47,763
| +12% | +$903K |
|
993
MGIC Investment
MTG
$6.67B
| $8.19M | 0.01% |
653,904
-13,396
| -2% | -$168K |
|
994
Avista
AVA
$2.96B
| $8.19M | 0.01% |
158,171
+5,591
| +4% | +$289K |
|
995
Regal Rexnord
RRX
$9.62B
| $8.16M | 0.01% |
103,345
+3,845
| +4% | +$304K |
|
996
MKS Inc. Common Stock
MKSI
$7.79B
| $8.13M | 0.01% |
86,028
+5,028
| +6% | +$475K |
|
|
MDSO
997
DELISTED
Medidata Solutions, Inc.
MDSO
| $8.12M | 0.01% |
104,076
+1,276
| +1% | +$99.6K |
|
998
KBR
KBR
$6.38B
| $8.11M | 0.01% |
453,670
+22,434
| +5% | +$401K |
|
999
Cedar Fair
FUN
$2.2B
| $8.1M | 0.01% |
126,246
-1,754
| -1% | -$112K |
|
1000
SITE Centers
SITC
$474M
| $8.09M | 0.01% |
685,068
+58,245
| +9% | +$687K |
|