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 | |
|---|---|---|---|---|---|---|
1026
Valmont Industries
VMI
$7.5B
| $5.84M | 0.01% |
46,026
-9,749
| -17% | -$1.24M |
|
1027
Skechers
SKX
$9.49B
| $5.82M | 0.01% |
184,916
-75,456
| -29% | -$2.38M |
|
1028
Highwoods Properties
HIW
$3.51B
| $5.81M | 0.01% |
140,703
-11,265
| -7% | -$465K |
|
1029
Novanta
NOVT
$4.14B
| $5.81M | 0.01% |
61,604
+897
| +1% | +$84.6K |
|
1030
MongoDB
MDB
$26.8B
| $5.81M | 0.01% |
38,177
+15,643
| +69% | +$2.38M |
|
1031
Helen of Troy
HELE
$564M
| $5.8M | 0.01% |
44,383
-2,529
| -5% | -$330K |
|
1032
ASGN Inc
ASGN
$2.27B
| $5.79M | 0.01% |
95,589
-21,354
| -18% | -$1.29M |
|
1033
Bank OZK
OZK
$5.92B
| $5.78M | 0.01% |
192,173
-31,280
| -14% | -$941K |
|
1034
WD-40
WDFC
$2.88B
| $5.76M | 0.01% |
36,202
-3,488
| -9% | -$555K |
|
1035
LendingTree
TREE
$979M
| $5.75M | 0.01% |
13,700
-326
| -2% | -$137K |
|
|
TGE
1036
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $5.75M | 0.01% |
272,391
-13,902
| -5% | -$293K |
|
1037
Snap
SNAP
$12.3B
| $5.75M | 0.01% |
401,800
+24,900
| +7% | +$356K |
|
1038
Iovance Biotherapeutics
IOVA
$829M
| $5.74M | 0.01% |
234,100
-31,500
| -12% | -$772K |
|
1039
NorthWestern Energy
NWE
$3.51B
| $5.74M | 0.01% |
79,544
-1,561
| -2% | -$113K |
|
1040
National Health Investors
NHI
$3.74B
| $5.73M | 0.01% |
73,388
+666
| +0.9% | +$52K |
|
1041
Monro
MNRO
$521M
| $5.72M | 0.01% |
67,004
-2,952
| -4% | -$252K |
|
|
TXNM
1042
TXNM Energy, Inc.
TXNM
$5.99B
| $5.7M | 0.01% |
111,984
+5,915
| +6% | +$301K |
|
1043
Hillenbrand
HI
$1.75B
| $5.7M | 0.01% |
143,992
-23,311
| -14% | -$922K |
|
|
NEWR
1044
DELISTED
New Relic, Inc.
NEWR
| $5.7M | 0.01% |
65,825
-11,449
| -15% | -$991K |
|
1045
Nomad Foods
NOMD
$2.12B
| $5.68M | 0.01% |
265,796
+81,211
| +44% | +$1.73M |
|
1046
CommScope
COMM
$3.64B
| $5.68M | 0.01% |
360,804
-215,267
| -37% | -$3.39M |
|
|
GWPH
1047
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $5.67M | 0.01% |
32,900
-400
| -1% | -$69K |
|
1048
Morningstar
MORN
$10.9B
| $5.66M | 0.01% |
39,106
-6,359
| -14% | -$920K |
|
|
WWE
1049
DELISTED
World Wrestling Entertainment
WWE
| $5.64M | 0.01% |
78,163
-2,226
| -3% | -$161K |
|
1050
Liberty Broadband Class A
LBRDA
$8.53B
| $5.62M | 0.01% |
54,608
+15,520
| +40% | +$1.6M |
|