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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
CNX Resources
CNX
$4.23B
| $8.66M | 0.01% |
486,838
-94,382
| -16% | -$1.68M |
|
|
RP
977
DELISTED
RealPage, Inc.
RP
| $8.62M | 0.01% |
156,465
-14,680
| -9% | -$809K |
|
978
First Citizens BancShares
FCNCA
$25.4B
| $8.62M | 0.01% |
21,371
+2,714
| +15% | +$1.09M |
|
979
Generac Holdings
GNRC
$11B
| $8.59M | 0.01% |
165,955
-25,432
| -13% | -$1.32M |
|
|
TEN
980
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $8.54M | 0.01% |
194,269
+13,626
| +8% | +$599K |
|
981
Cirrus Logic
CRUS
$5.91B
| $8.54M | 0.01% |
222,721
+24,344
| +12% | +$933K |
|
|
WLL
982
DELISTED
Whiting Petroleum Corporation
WLL
| $8.48M | 0.01% |
2,144
-409
| -16% | -$1.62M |
|
|
RDC
983
DELISTED
Rowan Companies Plc
RDC
| $8.45M | 0.01% |
521,166
-135,272
| -21% | -$2.19M |
|
984
Molina Healthcare
MOH
$10.2B
| $8.44M | 0.01% |
86,142
+10,044
| +13% | +$984K |
|
|
SC
985
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $8.42M | 0.01% |
441,277
-112,960
| -20% | -$2.16M |
|
986
MasTec
MTZ
$14.9B
| $8.42M | 0.01% |
165,906
+15,575
| +10% | +$790K |
|
|
CONE
987
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.39M | 0.01% |
143,832
-36,206
| -20% | -$2.11M |
|
988
O-I Glass
OI
$2.04B
| $8.37M | 0.01% |
498,093
+30,745
| +7% | +$517K |
|
989
Clean Harbors
CLH
$12.8B
| $8.35M | 0.01% |
150,280
+18,230
| +14% | +$1.01M |
|
990
Hope Bancorp
HOPE
$1.43B
| $8.35M | 0.01% |
468,014
+35,019
| +8% | +$624K |
|
|
CIM
991
Chimera Investment
CIM
$1.17B
| $8.34M | 0.01% |
151,998
-32,656
| -18% | -$1.79M |
|
|
DLPH
992
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $8.32M | 0.01% |
183,116
-16,545
| -8% | -$752K |
|
993
KBR
KBR
$6.38B
| $8.32M | 0.01% |
464,228
+5,136
| +1% | +$92K |
|
994
Columbia Sportswear
COLM
$3.05B
| $8.32M | 0.01% |
90,936
-5,166
| -5% | -$473K |
|
995
Olin
OLN
$3.09B
| $8.32M | 0.01% |
289,612
-21,916
| -7% | -$629K |
|
996
Matador Resources
MTDR
$6.05B
| $8.31M | 0.01% |
276,598
-28,329
| -9% | -$851K |
|
997
Ligand Pharmaceuticals
LGND
$3.26B
| $8.28M | 0.01% |
64,083
-5,292
| -8% | -$684K |
|
998
Moog
MOG.A
$6.38B
| $8.24M | 0.01% |
105,688
+11,453
| +12% | +$893K |
|
999
TD Synnex
SNX
$12.6B
| $8.22M | 0.01% |
170,252
+30,978
| +22% | +$1.49M |
|
1000
nVent Electric
NVT
$15.4B
| $8.2M | 0.01% |
+326,716
| New | +$8.2M |
|