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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
InterDigital
IDCC
$7.7B
| $7.73M | 0.01% |
104,971
+15,455
| +17% | +$1.14M |
|
1052
Jack in the Box
JACK
$342M
| $7.72M | 0.01% |
90,522
-2,984
| -3% | -$255K |
|
1053
Blackbaud
BLKB
$3.33B
| $7.71M | 0.01% |
75,771
-4,154
| -5% | -$423K |
|
1054
Cadence Bank
CADE
$6.94B
| $7.71M | 0.01% |
242,534
+13,043
| +6% | +$415K |
|
1055
First Citizens BancShares
FCNCA
$25.4B
| $7.71M | 0.01% |
18,657
+883
| +5% | +$365K |
|
|
MBFI
1056
DELISTED
MB Financial Corp
MBFI
| $7.7M | 0.01% |
190,203
+26,319
| +16% | +$1.07M |
|
|
QCP
1057
DELISTED
Quality Care Properties, Inc.
QCP
| $7.69M | 0.01% |
395,776
-82,842
| -17% | -$1.61M |
|
1058
Sally Beauty Holdings
SBH
$1.45B
| $7.69M | 0.01% |
467,264
-51,752
| -10% | -$851K |
|
|
BDN
1059
Brandywine Realty Trust
BDN
$782M
| $7.68M | 0.01% |
483,531
-44,230
| -8% | -$702K |
|
1060
Maximus
MMS
$5.08B
| $7.68M | 0.01% |
115,037
+6,849
| +6% | +$457K |
|
|
NE
1061
DELISTED
Noble Corporation
NE
| $7.67M | 0.01% |
2,068,136
-361,068
| -15% | -$1.34M |
|
1062
PagSeguro Digital
PAGS
$2.77B
| $7.66M | 0.01% |
+200,000
| New | +$7.66M |
|
|
TWOU
1063
DELISTED
2U, Inc.
TWOU
| $7.63M | 0.01% |
3,028
+84
| +3% | +$212K |
|
|
TXNM
1064
TXNM Energy, Inc.
TXNM
$5.99B
| $7.59M | 0.01% |
198,430
-36,871
| -16% | -$1.41M |
|
|
RDC
1065
DELISTED
Rowan Companies Plc
RDC
| $7.58M | 0.01% |
656,438
-41,386
| -6% | -$478K |
|
|
BID
1066
DELISTED
Sotheby's
BID
| $7.54M | 0.01% |
147,037
-23,041
| -14% | -$1.18M |
|
1067
Cabot Corp
CBT
$4.21B
| $7.53M | 0.01% |
135,211
+1,904
| +1% | +$106K |
|
1068
Columbia Banking Systems
COLB
$7.87B
| $7.51M | 0.01% |
179,001
-9,911
| -5% | -$416K |
|
1069
Entegris
ENTG
$12.6B
| $7.5M | 0.01% |
215,624
+26,320
| +14% | +$916K |
|
1070
Sprouts Farmers Market
SFM
$13.5B
| $7.47M | 0.01% |
318,228
-4,462
| -1% | -$105K |
|
1071
Spire
SR
$4.5B
| $7.45M | 0.01% |
103,078
-6,775
| -6% | -$490K |
|
1072
Glacier Bancorp
GBCI
$5.8B
| $7.45M | 0.01% |
194,057
-12,622
| -6% | -$484K |
|
1073
Apple Hospitality REIT
APLE
$3.01B
| $7.44M | 0.01% |
423,351
-62,979
| -13% | -$1.11M |
|
1074
KBR
KBR
$6.42B
| $7.43M | 0.01% |
459,092
-25,788
| -5% | -$418K |
|
1075
Texas Capital Bancshares
TCBI
$3.99B
| $7.42M | 0.01% |
82,541
-3,073
| -4% | -$276K |
|