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 | |
|---|---|---|---|---|---|---|
|
BCPC
1051
Balchem Corporation
BCPC
$5.07B
| $7.5M | 0.01% |
66,907
-4,700
| -7% | -$527K |
|
1052
Pebblebrook Hotel Trust
PEB
$1.38B
| $7.48M | 0.01% |
205,678
-827
| -0.4% | -$30.1K |
|
1053
Healthcare Services Group
HCSG
$1.16B
| $7.47M | 0.01% |
183,971
-40,855
| -18% | -$1.66M |
|
|
ARGO
1054
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $7.45M | 0.01% |
118,082
-5,631
| -5% | -$355K |
|
1055
Brinker International
EAT
$6.84B
| $7.44M | 0.01% |
159,259
-25,286
| -14% | -$1.18M |
|
1056
Manhattan Associates
MANH
$13.1B
| $7.43M | 0.01% |
136,087
-14,129
| -9% | -$771K |
|
1057
Merit Medical Systems
MMSI
$5.07B
| $7.43M | 0.01% |
120,876
+4,989
| +4% | +$307K |
|
|
SWN
1058
DELISTED
Southwestern Energy Company
SWN
| $7.42M | 0.01% |
1,452,911
+174,477
| +14% | +$892K |
|
|
GPOR
1059
DELISTED
Gulfport Energy Corp.
GPOR
| $7.42M | 0.01% |
713,200
-26,822
| -4% | -$279K |
|
|
ENDP
1060
DELISTED
Endo International plc
ENDP
| $7.42M | 0.01% |
440,655
-11,484
| -3% | -$193K |
|
1061
ACI Worldwide
ACIW
$5.18B
| $7.41M | 0.01% |
263,365
-26,159
| -9% | -$736K |
|
1062
Ingevity
NGVT
$2.12B
| $7.4M | 0.01% |
72,604
-4,491
| -6% | -$458K |
|
|
EBIX
1063
DELISTED
Ebix Inc
EBIX
| $7.34M | 0.01% |
92,732
-1,681
| -2% | -$133K |
|
|
LOXO
1064
DELISTED
Loxo Oncology, Inc
LOXO
| $7.32M | 0.01% |
42,872
+1,010
| +2% | +$173K |
|
1065
O-I Glass
OI
$1.99B
| $7.32M | 0.01% |
389,456
-108,637
| -22% | -$2.04M |
|
|
PRSP
1066
DELISTED
Perspecta Inc. Common Stock
PRSP
| $7.31M | 0.01% |
284,159
+11,282
| +4% | +$290K |
|
1067
Telephone and Data Systems
TDS
$4.51B
| $7.3M | 0.01% |
239,983
-15,355
| -6% | -$467K |
|
1068
Hope Bancorp
HOPE
$1.4B
| $7.3M | 0.01% |
451,214
-16,800
| -4% | -$272K |
|
1069
Murphy USA
MUSA
$7.53B
| $7.29M | 0.01% |
85,258
-6,651
| -7% | -$568K |
|
|
AMED
1070
DELISTED
Amedisys
AMED
| $7.28M | 0.01% |
58,224
+1,688
| +3% | +$211K |
|
1071
Hyatt Hotels
H
$13.7B
| $7.27M | 0.01% |
91,315
-5,824
| -6% | -$464K |
|
|
AMRN
1072
Amarin Corp
AMRN
$310M
| $7.24M | 0.01% |
22,254
-1,438
| -6% | -$468K |
|
1073
Comtech Telecommunications
CMTL
$69.1M
| $7.23M | 0.01% |
199,427
-21,082
| -10% | -$765K |
|
|
COUP
1074
DELISTED
Coupa Software Incorporated
COUP
| $7.21M | 0.01% |
91,176
+77,079
| +547% | +$6.1M |
|
1075
First Financial Bankshares
FFIN
$5.12B
| $7.2M | 0.01% |
243,700
-35,586
| -13% | -$1.05M |
|