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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Genworth Financial
GNW
$3.61B
| $7.77M | 0.01% |
1,863,551
-87,820
| -5% | -$366K |
|
|
TCS
1027
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $7.77M | 0.01% |
46,640
-498
| -1% | -$82.9K |
|
|
NEWR
1028
DELISTED
New Relic, Inc.
NEWR
| $7.76M | 0.01% |
82,297
+35,842
| +77% | +$3.38M |
|
1029
Avis
CAR
$5.47B
| $7.75M | 0.01% |
241,091
-7,505
| -3% | -$241K |
|
1030
Wolfspeed
WOLF
$365M
| $7.72M | 0.01% |
203,953
-42,942
| -17% | -$1.63M |
|
1031
Zillow
ZG
$20.4B
| $7.72M | 0.01% |
174,702
+24,852
| +17% | +$1.1M |
|
1032
Bank of Hawaii
BOH
$2.7B
| $7.71M | 0.01% |
97,761
-8,422
| -8% | -$665K |
|
|
WLL
1033
DELISTED
Whiting Petroleum Corporation
WLL
| $7.7M | 0.01% |
1,935
-209
| -10% | -$831K |
|
1034
NovoCure
NVCR
$1.36B
| $7.68M | 0.01% |
146,635
+78,514
| +115% | +$4.11M |
|
1035
CoreCivic
CXW
$2.26B
| $7.66M | 0.01% |
314,661
-15,988
| -5% | -$389K |
|
1036
HealthEquity
HQY
$7.97B
| $7.64M | 0.01% |
80,968
-2,076
| -2% | -$196K |
|
|
MDR
1037
DELISTED
McDermott International
MDR
| $7.64M | 0.01% |
414,781
-43,591
| -10% | -$803K |
|
1038
RLI Corp
RLI
$6.14B
| $7.64M | 0.01% |
194,422
-8,900
| -4% | -$350K |
|
1039
Bank OZK
OZK
$5.88B
| $7.61M | 0.01% |
200,565
-26,545
| -12% | -$1.01M |
|
1040
Twilio
TWLO
$15.7B
| $7.6M | 0.01% |
88,118
+1,762
| +2% | +$152K |
|
1041
Cadence Bank
CADE
$7.02B
| $7.58M | 0.01% |
231,924
-40,738
| -15% | -$1.33M |
|
|
TEN
1042
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.58M | 0.01% |
179,829
-14,440
| -7% | -$609K |
|
1043
Brighthouse Financial
BHF
$2.8B
| $7.55M | 0.01% |
170,586
+6,944
| +4% | +$307K |
|
1044
Quaker Houghton
KWR
$2.46B
| $7.54M | 0.01% |
37,268
-3,114
| -8% | -$630K |
|
|
TCF
1045
DELISTED
TCF Financial Corporation Common Stock
TCF
| $7.53M | 0.01% |
141,005
+546
| +0.4% | +$29.2K |
|
1046
Cimpress
CMPR
$1.4B
| $7.53M | 0.01% |
55,100
-555
| -1% | -$75.8K |
|
1047
Brink's
BCO
$4.83B
| $7.52M | 0.01% |
107,848
-18,826
| -15% | -$1.31M |
|
1048
DiamondRock Hospitality
DRH
$1.71B
| $7.52M | 0.01% |
644,225
+29,390
| +5% | +$343K |
|
|
NE
1049
DELISTED
Noble Corporation
NE
| $7.5M | 0.01% |
1,067,120
-116,192
| -10% | -$817K |
|
1050
Old National Bancorp
ONB
$8.88B
| $7.5M | 0.01% |
388,670
-31,058
| -7% | -$599K |
|