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 | |
|---|---|---|---|---|---|---|
|
QEP
1001
DELISTED
QEP RESOURCES, INC.
QEP
| $8.15M | 0.01% |
664,729
-218,060
| -25% | -$2.67M |
|
|
EEP
1002
DELISTED
Enbridge Energy Partners
EEP
| $8.13M | 0.01% |
743,804
+145,917
| +24% | +$1.59M |
|
|
MGLN
1003
DELISTED
Magellan Health Services, Inc.
MGLN
| $8.13M | 0.01% |
84,726
+9,412
| +12% | +$903K |
|
1004
Erie Indemnity
ERIE
$17.7B
| $8.12M | 0.01% |
69,270
-6,390
| -8% | -$749K |
|
1005
Avis
CAR
$5.53B
| $8.08M | 0.01% |
248,596
-97,084
| -28% | -$3.16M |
|
1006
Cimpress
CMPR
$1.5B
| $8.07M | 0.01% |
55,655
-13,272
| -19% | -$1.92M |
|
1007
UMB Financial
UMBF
$9.24B
| $8.06M | 0.01% |
105,770
+20,902
| +25% | +$1.59M |
|
1008
Kemper
KMPR
$3.36B
| $8.06M | 0.01% |
106,541
-29,270
| -22% | -$2.21M |
|
1009
New York Times
NYT
$9.53B
| $8.06M | 0.01% |
311,062
-29,109
| -9% | -$754K |
|
1010
Pebblebrook Hotel Trust
PEB
$1.4B
| $8.01M | 0.01% |
206,505
+6,288
| +3% | +$244K |
|
1011
DigitalBridge
DBRG
$2.24B
| $8.01M | 0.01% |
320,966
+20,637
| +7% | +$515K |
|
1012
WESCO International
WCC
$10.7B
| $8M | 0.01% |
140,164
+11,458
| +9% | +$654K |
|
1013
Deckers Outdoor
DECK
$17.5B
| $8M | 0.01% |
425,082
-52,422
| -11% | -$986K |
|
1014
PBF Energy
PBF
$3.31B
| $8M | 0.01% |
190,741
-47,269
| -20% | -$1.98M |
|
1015
Hain Celestial
HAIN
$191M
| $7.98M | 0.01% |
267,704
+56,173
| +27% | +$1.67M |
|
1016
H.B. Fuller
FUL
$3.44B
| $7.96M | 0.01% |
148,256
+17,677
| +14% | +$949K |
|
1017
Primerica
PRI
$8.89B
| $7.96M | 0.01% |
79,882
-6,107
| -7% | -$608K |
|
1018
Nutanix
NTNX
$21.7B
| $7.94M | 0.01% |
154,011
+51,311
| +50% | +$2.65M |
|
|
WGL
1019
DELISTED
Wgl Holdings
WGL
| $7.91M | 0.01% |
89,142
-15,043
| -14% | -$1.34M |
|
1020
NETSCOUT
NTCT
$1.85B
| $7.91M | 0.01% |
266,204
-111,892
| -30% | -$3.32M |
|
1021
CoreCivic
CXW
$2.29B
| $7.9M | 0.01% |
330,649
-81,816
| -20% | -$1.95M |
|
|
NATI
1022
DELISTED
National Instruments Corp
NATI
| $7.9M | 0.01% |
188,164
-31,360
| -14% | -$1.32M |
|
|
TXNM
1023
TXNM Energy, Inc.
TXNM
$6B
| $7.86M | 0.01% |
202,096
+3,666
| +2% | +$143K |
|
|
SINA
1024
DELISTED
Sina Corp
SINA
| $7.83M | 0.01% |
92,392
-5,310
| -5% | -$450K |
|
|
MLNX
1025
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $7.82M | 0.01% |
92,787
-6,066
| -6% | -$511K |
|