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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
PLAN
1001
DELISTED
Anaplan, Inc.
PLAN
| $5.4M | 0.01% |
178,391
-1,700
| -0.9% | -$51.4K |
|
1002
Zurn Elkay Water Solutions
ZWS
$7.93B
| $5.39M | 0.01% |
493,567
-282,182
| -36% | -$3.08M |
|
1003
Kirby Corp
KEX
$4.72B
| $5.38M | 0.01% |
123,655
+1,900
| +2% | +$82.6K |
|
|
GWPH
1004
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $5.37M | 0.01% |
61,300
-2,600
| -4% | -$228K |
|
|
IMMU
1005
DELISTED
Immunomedics Inc
IMMU
| $5.36M | 0.01% |
397,277
-88,394
| -18% | -$1.19M |
|
|
ADSW
1006
DELISTED
Advanced Disposal Services, Inc.
ADSW
| $5.35M | 0.01% |
163,162
+2,400
| +1% | +$78.7K |
|
1007
TEGNA Inc
TGNA
$3.39B
| $5.35M | 0.01% |
492,457
-336,520
| -41% | -$3.65M |
|
1008
Unifirst Corp
UNF
$3.18B
| $5.34M | 0.01% |
35,346
-1,647
| -4% | -$249K |
|
|
QVCGA
1009
QVC Group, Inc. Series A Common Stock
QVCGA
$116M
| $5.32M | 0.01% |
17,966
+45
| +0.3% | +$13.3K |
|
1010
Air Lease Corp
AL
$7.1B
| $5.31M | 0.01% |
239,907
+6,400
| +3% | +$142K |
|
1011
Guardant Health
GH
$6.91B
| $5.3M | 0.01% |
76,143
-21,560
| -22% | -$1.5M |
|
1012
Teradata
TDC
$2.03B
| $5.3M | 0.01% |
258,560
-27,500
| -10% | -$563K |
|
1013
Norwegian Cruise Line
NCLH
$11.6B
| $5.29M | 0.01% |
482,819
-25,474
| -5% | -$279K |
|
1014
Elastic
ESTC
$9.38B
| $5.29M | 0.01% |
94,801
-1,723
| -2% | -$96.2K |
|
1015
Brown-Forman Class A
BF.A
$13.2B
| $5.27M | 0.01% |
102,610
-31,131
| -23% | -$1.6M |
|
1016
Watts Water Technologies
WTS
$9.4B
| $5.27M | 0.01% |
62,241
-3,000
| -5% | -$254K |
|
|
TGE
1017
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $5.27M | 0.01% |
319,902
+3,368
| +1% | +$55.4K |
|
1018
Marriott Vacations Worldwide
VAC
$2.66B
| $5.26M | 0.01% |
94,698
-7,655
| -7% | -$425K |
|
1019
Shenandoah Telecom
SHEN
$766M
| $5.26M | 0.01% |
106,818
+1,852
| +2% | +$91.2K |
|
1020
Wingstop
WING
$7.47B
| $5.26M | 0.01% |
65,958
-3,398
| -5% | -$271K |
|
1021
Cannae Holdings
CNNE
$1.12B
| $5.26M | 0.01% |
156,951
+2,800
| +2% | +$93.8K |
|
|
JBTM
1022
JBT Marel Corporation
JBTM
$7.16B
| $5.22M | 0.01% |
70,310
-3,400
| -5% | -$253K |
|
|
FL
1023
DELISTED
Foot Locker
FL
| $5.22M | 0.01% |
236,623
-33,497
| -12% | -$739K |
|
1024
Southern Copper
SCCO
$88.1B
| $5.21M | 0.01% |
194,352
-21,317
| -10% | -$572K |
|
1025
NCR Voyix
VYX
$1.77B
| $5.21M | 0.01% |
479,308
+6,549
| +1% | +$71.1K |
|