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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
NovoCure
NVCR
$1.42B
| $6.75M | 0.01% |
140,088
-1,600
| -1% | -$77.1K |
|
1002
WD-40
WDFC
$2.88B
| $6.73M | 0.01% |
39,690
+1,141
| +3% | +$193K |
|
|
AAN.A
1003
DELISTED
AARON'S INC CL-A
AAN.A
| $6.68M | 0.01% |
126,915
-42,163
| -25% | -$2.22M |
|
1004
Deluxe
DLX
$889M
| $6.66M | 0.01% |
152,408
+30,588
| +25% | +$1.34M |
|
1005
WESCO International
WCC
$10.7B
| $6.61M | 0.01% |
124,650
-1,122
| -0.9% | -$59.5K |
|
|
SRCL
1006
DELISTED
Stericycle Inc
SRCL
| $6.59M | 0.01% |
121,130
-3,058
| -2% | -$166K |
|
1007
FS KKR Capital
FSK
$4.99B
| $6.57M | 0.01% |
271,555
+4,224
| +2% | +$102K |
|
1008
Brink's
BCO
$4.9B
| $6.57M | 0.01% |
87,069
-3,219
| -4% | -$243K |
|
|
APU
1009
DELISTED
AmeriGas Partners, L.P.
APU
| $6.56M | 0.01% |
212,632
-6,876
| -3% | -$212K |
|
1010
InterDigital
IDCC
$8.38B
| $6.56M | 0.01% |
99,449
-1,475
| -1% | -$97.3K |
|
|
LHCG
1011
DELISTED
LHC Group LLC
LHCG
| $6.56M | 0.01% |
59,183
-324
| -0.5% | -$35.9K |
|
1012
Cathay General Bancorp
CATY
$3.4B
| $6.54M | 0.01% |
192,970
-25,811
| -12% | -$875K |
|
|
CLGX
1013
DELISTED
Corelogic, Inc.
CLGX
| $6.52M | 0.01% |
175,065
-35,921
| -17% | -$1.34M |
|
|
MZTI
1014
The Marzetti Company Common Stock
MZTI
$5.1B
| $6.51M | 0.01% |
41,533
-708
| -2% | -$111K |
|
1015
Strategic Education
STRA
$2.02B
| $6.5M | 0.01% |
49,535
-7,806
| -14% | -$1.02M |
|
1016
Mine Safety
MSA
$6.73B
| $6.5M | 0.01% |
62,879
+13,940
| +28% | +$1.44M |
|
1017
Bank OZK
OZK
$5.91B
| $6.48M | 0.01% |
223,453
-4,952
| -2% | -$144K |
|
1018
First Horizon
FHN
$11.5B
| $6.45M | 0.01% |
461,296
-32,484
| -7% | -$454K |
|
|
MGP
1019
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $6.44M | 0.01% |
199,776
+147,930
| +285% | +$4.77M |
|
|
WRI
1020
DELISTED
Weingarten Realty Investors
WRI
| $6.43M | 0.01% |
218,964
-2,228
| -1% | -$65.4K |
|
1021
KBR
KBR
$6.38B
| $6.42M | 0.01% |
336,141
-84,989
| -20% | -$1.62M |
|
1022
Astec Industries
ASTE
$1.09B
| $6.4M | 0.01% |
169,584
-9,359
| -5% | -$353K |
|
1023
Sanmina
SANM
$6.27B
| $6.39M | 0.01% |
221,611
-24,667
| -10% | -$712K |
|
1024
PagSeguro Digital
PAGS
$2.77B
| $6.37M | 0.01% |
213,400
-3,600
| -2% | -$107K |
|
|
JOYY
1025
JOYY Inc. American Depositary Shares
JOYY
$3.17B
| $6.37M | 0.01% |
75,809
-17,168
| -18% | -$1.44M |
|