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 |
Coca-Cola
KO
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGR
976
DELISTED
Avangrid, Inc.
AGR
| $6.37M | 0.01% |
126,190
-10,053
| -7% | -$508K |
|
977
Texas Roadhouse
TXRH
$11.1B
| $6.37M | 0.01% |
118,716
-30,655
| -21% | -$1.65M |
|
978
Western Midstream Partners
WES
$14.6B
| $6.37M | 0.01% |
206,973
-54,153
| -21% | -$1.67M |
|
|
TCF
979
DELISTED
TCF Financial Corporation Common Stock
TCF
| $6.37M | 0.01% |
154,832
-32,310
| -17% | -$1.33M |
|
980
Cracker Barrel
CBRL
$1.16B
| $6.36M | 0.01% |
37,267
-7,053
| -16% | -$1.2M |
|
981
GATX Corp
GATX
$6B
| $6.36M | 0.01% |
80,161
-35,042
| -30% | -$2.78M |
|
982
Axon Enterprise
AXON
$58.7B
| $6.35M | 0.01% |
98,906
-14,047
| -12% | -$902K |
|
983
Pebblebrook Hotel Trust
PEB
$1.36B
| $6.34M | 0.01% |
225,137
-81,151
| -26% | -$2.29M |
|
|
APU
984
DELISTED
AmeriGas Partners, L.P.
APU
| $6.34M | 0.01% |
182,084
-30,548
| -14% | -$1.06M |
|
985
Selective Insurance
SIGI
$4.75B
| $6.34M | 0.01% |
84,626
+1,659
| +2% | +$124K |
|
|
CLGX
986
DELISTED
Corelogic, Inc.
CLGX
| $6.31M | 0.01% |
150,743
-24,322
| -14% | -$1.02M |
|
|
MZTI
987
The Marzetti Company Common Stock
MZTI
$4.97B
| $6.3M | 0.01% |
42,373
+840
| +2% | +$125K |
|
988
Under Armour
UAA
$2.16B
| $6.29M | 0.01% |
248,197
+13,499
| +6% | +$342K |
|
989
Merit Medical Systems
MMSI
$5.34B
| $6.28M | 0.01% |
105,455
-6,271
| -6% | -$374K |
|
990
Teladoc Health
TDOC
$1.37B
| $6.27M | 0.01% |
94,479
-13,945
| -13% | -$926K |
|
|
MDSO
991
DELISTED
Medidata Solutions, Inc.
MDSO
| $6.26M | 0.01% |
69,183
-1,848
| -3% | -$167K |
|
992
Sensient Technologies
SXT
$4.51B
| $6.24M | 0.01% |
84,971
+3,553
| +4% | +$261K |
|
993
SLM Corp
SLM
$6.05B
| $6.24M | 0.01% |
641,462
-87,373
| -12% | -$849K |
|
994
Tandem Diabetes Care
TNDM
$836M
| $6.24M | 0.01% |
96,633
-513
| -0.5% | -$33.1K |
|
|
HZNP
995
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $6.23M | 0.01% |
258,888
+1,946
| +0.8% | +$46.8K |
|
|
ONCE
996
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $6.22M | 0.01% |
60,782
+400
| +0.7% | +$41K |
|
997
Applied Industrial Technologies
AIT
$9.95B
| $6.21M | 0.01% |
100,881
-13,235
| -12% | -$814K |
|
998
Southern Copper
SCCO
$85.3B
| $6.19M | 0.01% |
167,338
-25,202
| -13% | -$932K |
|
999
New Jersey Resources
NJR
$4.76B
| $6.18M | 0.01% |
124,154
+8,448
| +7% | +$420K |
|
1000
Penumbra
PEN
$10.6B
| $6.17M | 0.01% |
38,576
-2,690
| -7% | -$430K |
|