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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DHC
1001
Diversified Healthcare Trust
DHC
$1.07B
| $6.09M | 0.01% |
519,863
-97,965
| -16% | -$1.15M |
|
1002
PBF Energy
PBF
$3.18B
| $6.09M | 0.01% |
186,253
-2,474
| -1% | -$80.8K |
|
|
BIG
1003
DELISTED
Big Lots, Inc.
BIG
| $6.08M | 0.01% |
210,380
+6,954
| +3% | +$201K |
|
1004
Photronics
PLAB
$1.33B
| $6.07M | 0.01% |
626,686
-36,014
| -5% | -$349K |
|
1005
AutoNation
AN
$8.37B
| $6.06M | 0.01% |
169,762
-3,423
| -2% | -$122K |
|
|
TECD
1006
DELISTED
Tech Data Corp
TECD
| $6.05M | 0.01% |
73,923
-14,853
| -17% | -$1.22M |
|
1007
UMB Financial
UMBF
$9.16B
| $6.05M | 0.01% |
99,142
-1,203
| -1% | -$73.4K |
|
1008
WESCO International
WCC
$10.4B
| $6.04M | 0.01% |
125,772
-4,735
| -4% | -$227K |
|
|
PE
1009
DELISTED
PARSLEY ENERGY INC
PE
| $6.02M | 0.01% |
376,568
-19,262
| -5% | -$308K |
|
1010
Applied Industrial Technologies
AIT
$9.94B
| $6.01M | 0.01% |
111,389
-1,642
| -1% | -$88.6K |
|
1011
Trinity Industries
TRN
$2.28B
| $6M | 0.01% |
291,512
-186,436
| -39% | -$3.84M |
|
|
SAGE
1012
DELISTED
Sage Therapeutics
SAGE
| $6M | 0.01% |
62,600
+2,055
| +3% | +$197K |
|
|
PFPT
1013
DELISTED
Proofpoint, Inc.
PFPT
| $5.99M | 0.01% |
71,432
-5,646
| -7% | -$473K |
|
1014
H.B. Fuller
FUL
$3.33B
| $5.98M | 0.01% |
140,240
+2,580
| +2% | +$110K |
|
1015
Trade Desk
TTD
$22.1B
| $5.98M | 0.01% |
514,970
-9,320
| -2% | -$108K |
|
1016
Nexstar Media Group
NXST
$6.27B
| $5.95M | 0.01% |
75,674
+1,818
| +2% | +$143K |
|
|
ZNGA
1017
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $5.95M | 0.01% |
1,513,419
-69,798
| -4% | -$274K |
|
1018
Valley National Bancorp
VLY
$6.04B
| $5.94M | 0.01% |
668,527
-57,881
| -8% | -$514K |
|
|
GLUU
1019
DELISTED
Glu Mobile Inc.
GLUU
| $5.93M | 0.01% |
734,462
-29,600
| -4% | -$239K |
|
1020
Sanmina
SANM
$6.24B
| $5.93M | 0.01% |
246,278
+22,072
| +10% | +$531K |
|
|
JBGS
1021
JBG SMITH
JBGS
$1.45B
| $5.92M | 0.01% |
170,040
-7,893
| -4% | -$275K |
|
|
MDP
1022
DELISTED
Meredith Corporation
MDP
| $5.91M | 0.01% |
113,793
-11,274
| -9% | -$586K |
|
1023
DiamondRock Hospitality
DRH
$1.71B
| $5.9M | 0.01% |
650,259
+6,034
| +0.9% | +$54.8K |
|
1024
NETSCOUT
NTCT
$1.8B
| $5.9M | 0.01% |
249,673
-6,088
| -2% | -$144K |
|
1025
HEICO
HEI
$44.4B
| $5.9M | 0.01% |
76,129
-14,559
| -16% | -$1.13M |
|