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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TCF
1026
DELISTED
TCF Financial Corporation Common Stock
TCF
| $7.82M | 0.01% |
140,459
-10,798
| -7% | -$601K |
|
1027
FibroGen
FGEN
$50.3M
| $7.82M | 0.01% |
4,994
-394
| -7% | -$617K |
|
1028
Old National Bancorp
ONB
$8.78B
| $7.81M | 0.01% |
419,728
+57,704
| +16% | +$1.07M |
|
1029
Fossil Group
FOSL
$167M
| $7.8M | 0.01% |
290,232
-221,279
| -43% | -$5.95M |
|
1030
Paycom
PAYC
$12.7B
| $7.77M | 0.01% |
78,581
-15,637
| -17% | -$1.55M |
|
1031
Allete
ALE
$3.68B
| $7.73M | 0.01% |
99,831
+19,921
| +25% | +$1.54M |
|
1032
Masimo
MASI
$7.94B
| $7.72M | 0.01% |
79,037
-4,812
| -6% | -$470K |
|
|
BIG
1033
DELISTED
Big Lots, Inc.
BIG
| $7.71M | 0.01% |
184,482
+2,510
| +1% | +$105K |
|
|
AAN.A
1034
DELISTED
AARON'S INC CL-A
AAN.A
| $7.71M | 0.01% |
177,397
+22,371
| +14% | +$972K |
|
1035
Zurn Elkay Water Solutions
ZWS
$7.92B
| $7.7M | 0.01% |
549,876
+80,943
| +17% | +$1.13M |
|
1036
Minerals Technologies
MTX
$2.04B
| $7.65M | 0.01% |
101,565
+19,176
| +23% | +$1.44M |
|
1037
Enovis
ENOV
$1.81B
| $7.64M | 0.01% |
144,815
+10,356
| +8% | +$546K |
|
|
NGHC
1038
DELISTED
National General Holdings Corp
NGHC
| $7.63M | 0.01% |
289,671
-2,684
| -0.9% | -$70.7K |
|
|
MIC
1039
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.63M | 0.01% |
180,697
+6,570
| +4% | +$277K |
|
1040
Cracker Barrel
CBRL
$1.16B
| $7.62M | 0.01% |
48,782
+8,791
| +22% | +$1.37M |
|
1041
Haemonetics
HAE
$2.58B
| $7.58M | 0.01% |
84,492
-22,722
| -21% | -$2.04M |
|
|
PDCE
1042
DELISTED
PDC Energy, Inc.
PDCE
| $7.57M | 0.01% |
125,152
-18,254
| -13% | -$1.1M |
|
1043
DiamondRock Hospitality
DRH
$1.72B
| $7.55M | 0.01% |
614,835
-6,781
| -1% | -$83.3K |
|
|
TCO
1044
DELISTED
Taubman Centers Inc.
TCO
| $7.54M | 0.01% |
128,326
-26,075
| -17% | -$1.53M |
|
|
XIFR
1045
XPLR Infrastructure, LP
XIFR
$949M
| $7.5M | 0.01% |
160,791
-37,588
| -19% | -$1.75M |
|
1046
Hyatt Hotels
H
$13.9B
| $7.49M | 0.01% |
97,139
-4,760
| -5% | -$367K |
|
|
PDM
1047
Piedmont Realty Trust, Inc.
PDM
$1.09B
| $7.49M | 0.01% |
375,917
-118,942
| -24% | -$2.37M |
|
|
NE
1048
DELISTED
Noble Corporation
NE
| $7.49M | 0.01% |
1,183,312
-884,824
| -43% | -$5.6M |
|
1049
Trinseo
TSE
$87.4M
| $7.44M | 0.01% |
104,845
-10,189
| -9% | -$723K |
|
1050
Cheesecake Factory
CAKE
$2.9B
| $7.41M | 0.01% |
134,524
+14,306
| +12% | +$788K |
|