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 | |
|---|---|---|---|---|---|---|
1001
Federated Hermes
FHI
$4.19B
| $6.14M | 0.01% |
188,766
+5,126
| +3% | +$167K |
|
1002
Integer Holdings
ITGR
$3.56B
| $6.13M | 0.01% |
73,018
-17,602
| -19% | -$1.48M |
|
1003
Zurn Elkay Water Solutions
ZWS
$7.86B
| $6.12M | 0.01% |
420,442
-80,970
| -16% | -$1.18M |
|
|
CIM
1004
Chimera Investment
CIM
$1.16B
| $6.12M | 0.01% |
108,064
-4,820
| -4% | -$273K |
|
|
COR
1005
DELISTED
Coresite Realty Corporation
COR
| $6.11M | 0.01% |
53,043
+3,811
| +8% | +$439K |
|
|
BCPC
1006
Balchem Corporation
BCPC
$5.1B
| $6.1M | 0.01% |
61,057
-1,381
| -2% | -$138K |
|
|
TCS
1007
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $6.1M | 0.01% |
55,539
-1,795
| -3% | -$197K |
|
1008
Unifirst Corp
UNF
$3.2B
| $6.1M | 0.01% |
32,334
-7,072
| -18% | -$1.33M |
|
1009
Trinity Industries
TRN
$2.3B
| $6.08M | 0.01% |
293,022
-66,970
| -19% | -$1.39M |
|
1010
Cathay General Bancorp
CATY
$3.41B
| $6.07M | 0.01% |
169,084
-23,886
| -12% | -$858K |
|
|
WRI
1011
DELISTED
Weingarten Realty Investors
WRI
| $6.06M | 0.01% |
220,976
+2,012
| +0.9% | +$55.2K |
|
1012
MasTec
MTZ
$14.9B
| $6.06M | 0.01% |
117,568
-23,188
| -16% | -$1.19M |
|
1013
Marriott Vacations Worldwide
VAC
$2.7B
| $6.05M | 0.01% |
62,802
-11,666
| -16% | -$1.12M |
|
1014
Valley National Bancorp
VLY
$6.11B
| $6.02M | 0.01% |
558,406
+42,911
| +8% | +$463K |
|
1015
Equitable Holdings
EQH
$16.3B
| $6.02M | 0.01% |
287,941
+202,028
| +235% | +$4.22M |
|
1016
FTI Consulting
FCN
$5.34B
| $6.01M | 0.01% |
71,731
-20,613
| -22% | -$1.73M |
|
1017
Globant
GLOB
$2.5B
| $5.97M | 0.01% |
59,087
+2,936
| +5% | +$297K |
|
1018
Clean Harbors
CLH
$12.7B
| $5.96M | 0.01% |
83,838
-10,976
| -12% | -$780K |
|
1019
Omnicell
OMCL
$1.47B
| $5.96M | 0.01% |
69,258
-36
| -0.1% | -$3.1K |
|
1020
Kennametal
KMT
$1.6B
| $5.95M | 0.01% |
160,918
+11,348
| +8% | +$420K |
|
1021
Ingersoll Rand
IR
$31.5B
| $5.95M | 0.01% |
171,914
+9,699
| +6% | +$336K |
|
1022
Vishay Intertechnology
VSH
$2.08B
| $5.91M | 0.01% |
358,014
-37,549
| -9% | -$620K |
|
|
INVX
1023
Innovex International, Inc.
INVX
$1.16B
| $5.89M | 0.01% |
122,787
-33,378
| -21% | -$1.6M |
|
|
SAVE
1024
DELISTED
Spirit Airlines, Inc.
SAVE
| $5.85M | 0.01% |
122,645
-25,861
| -17% | -$1.23M |
|
|
TECD
1025
DELISTED
Tech Data Corp
TECD
| $5.85M | 0.01% |
55,909
-13,706
| -20% | -$1.43M |
|