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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
IPXL
1026
DELISTED
Impax Laboratories, Inc.
IPXL
| $7.09M | 0.01% |
201,400
+400
| +0.2% | +$14.1K |
|
|
WNR
1027
DELISTED
Western Refining Inc
WNR
| $7.08M | 0.01% |
160,500
| – | – |
|
1028
Dycom Industries
DY
$7.42B
| $7.06M | 0.01% |
97,600
+5,200
| +6% | +$376K |
|
1029
Stifel
SF
$11.7B
| $7.04M | 0.01% |
250,976
-3,000
| -1% | -$84.2K |
|
|
DNR
1030
DELISTED
Denbury Resources, Inc.
DNR
| $7.02M | 0.01% |
2,878,198
+1,535,000
| +114% | +$3.75M |
|
1031
Murphy USA
MUSA
$7.54B
| $7.01M | 0.01% |
127,549
-14,500
| -10% | -$797K |
|
1032
Cimpress
CMPR
$1.46B
| $7M | 0.01% |
91,900
-7,100
| -7% | -$540K |
|
1033
DHT Holdings
DHT
$2.01B
| $6.99M | 0.01% |
942,258
| – | – |
|
|
CRZO
1034
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $6.99M | 0.01% |
228,900
+95,400
| +71% | +$2.91M |
|
1035
Zillow
Z
$21.5B
| $6.99M | 0.01% |
+258,700
| New | +$6.99M |
|
|
NTLS
1036
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $6.98M | 0.01% |
772,950
+4,700
| +0.6% | +$42.4K |
|
1037
NorthWestern Energy
NWE
$3.51B
| $6.98M | 0.01% |
129,612
-11,000
| -8% | -$592K |
|
1038
Highwoods Properties
HIW
$3.47B
| $6.94M | 0.01% |
178,996
-8,300
| -4% | -$322K |
|
|
TXNM
1039
TXNM Energy, Inc.
TXNM
$6B
| $6.93M | 0.01% |
247,200
+5,300
| +2% | +$149K |
|
|
MENT
1040
DELISTED
Mentor Graphics Corp
MENT
| $6.92M | 0.01% |
281,000
-9,000
| -3% | -$222K |
|
|
S
1041
DELISTED
Sprint Corporation
S
| $6.92M | 0.01% |
1,801,400
-128,334
| -7% | -$493K |
|
1042
Molina Healthcare
MOH
$10.1B
| $6.91M | 0.01% |
100,400
-2,400
| -2% | -$165K |
|
|
TUP
1043
DELISTED
Tupperware Brands Corporation
TUP
| $6.9M | 0.01% |
139,489
-3,100
| -2% | -$153K |
|
1044
Regal Rexnord
RRX
$9.33B
| $6.9M | 0.01% |
122,200
-3,600
| -3% | -$203K |
|
1045
Saic
SAIC
$4.91B
| $6.9M | 0.01% |
171,500
-4,828
| -3% | -$194K |
|
1046
Graphic Packaging
GPK
$6.16B
| $6.89M | 0.01% |
538,500
-15,000
| -3% | -$192K |
|
|
TA
1047
DELISTED
TravelCenters of America LLC
TA
| $6.88M | 0.01% |
133,100
-4,580
| -3% | -$237K |
|
|
NATI
1048
DELISTED
National Instruments Corp
NATI
| $6.87M | 0.01% |
247,300
-5,600
| -2% | -$156K |
|
|
BDN
1049
Brandywine Realty Trust
BDN
$778M
| $6.86M | 0.01% |
557,151
+2,400
| +0.4% | +$29.6K |
|
1050
Advanced Drainage Systems
WMS
$11.1B
| $6.85M | 0.01% |
236,900
-8,100
| -3% | -$234K |
|