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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
JOYY
1051
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $5.57M | 0.01% |
92,977
-15,592
| -14% | -$933K |
|
1052
Cedar Fair
FUN
$2.38B
| $5.56M | 0.01% |
117,579
+7,985
| +7% | +$378K |
|
1053
Marriott Vacations Worldwide
VAC
$2.67B
| $5.56M | 0.01% |
78,844
-6,740
| -8% | -$475K |
|
|
APU
1054
DELISTED
AmeriGas Partners, L.P.
APU
| $5.55M | 0.01% |
219,508
-15,234
| -6% | -$385K |
|
1055
FS KKR Capital
FSK
$4.91B
| $5.54M | 0.01% |
267,331
+101,606
| +61% | +$2.11M |
|
|
AHL
1056
DELISTED
ASPEN Insurance Holding Limited
AHL
| $5.54M | 0.01% |
131,826
-11,979
| -8% | -$503K |
|
1057
Blackstone Mortgage Trust
BXMT
$3.35B
| $5.53M | 0.01% |
173,704
+10,492
| +6% | +$334K |
|
1058
RH
RH
$4.08B
| $5.53M | 0.01% |
46,131
-3,419
| -7% | -$410K |
|
1059
Cheesecake Factory
CAKE
$2.82B
| $5.51M | 0.01% |
126,558
-134
| -0.1% | -$5.83K |
|
|
COUP
1060
DELISTED
Coupa Software Incorporated
COUP
| $5.51M | 0.01% |
87,576
-3,600
| -4% | -$226K |
|
1061
Medifast
MED
$154M
| $5.5M | 0.01% |
43,999
-3,100
| -7% | -$388K |
|
|
WRI
1062
DELISTED
Weingarten Realty Investors
WRI
| $5.49M | 0.01% |
221,192
-12,695
| -5% | -$315K |
|
1063
Protolabs
PRLB
$1.18B
| $5.46M | 0.01% |
48,388
-860
| -2% | -$97K |
|
1064
O-I Glass
OI
$1.99B
| $5.46M | 0.01% |
316,435
-73,021
| -19% | -$1.26M |
|
1065
Manhattan Associates
MANH
$13.1B
| $5.45M | 0.01% |
128,558
-7,529
| -6% | -$319K |
|
1066
Visteon
VC
$3.4B
| $5.45M | 0.01% |
90,339
+3,659
| +4% | +$221K |
|
1067
Clean Harbors
CLH
$12.7B
| $5.45M | 0.01% |
110,338
-19,445
| -15% | -$960K |
|
1068
Teladoc Health
TDOC
$1.36B
| $5.44M | 0.01% |
109,824
+37,300
| +51% | +$1.85M |
|
|
PDM
1069
Piedmont Realty Trust, Inc.
PDM
$1.1B
| $5.44M | 0.01% |
319,233
-21,122
| -6% | -$360K |
|
1070
ASGN Inc
ASGN
$2.26B
| $5.43M | 0.01% |
99,637
-5,333
| -5% | -$291K |
|
1071
Cadence Bank
CADE
$7.02B
| $5.43M | 0.01% |
207,734
-24,190
| -10% | -$632K |
|
1072
Crocs
CROX
$4.23B
| $5.43M | 0.01% |
208,938
-26,009
| -11% | -$676K |
|
1073
Sally Beauty Holdings
SBH
$1.48B
| $5.41M | 0.01% |
317,208
-24,721
| -7% | -$421K |
|
1074
Avis
CAR
$5.47B
| $5.41M | 0.01% |
240,528
-563
| -0.2% | -$12.7K |
|
1075
Fabrinet
FN
$12.8B
| $5.41M | 0.01% |
105,353
-2,016
| -2% | -$103K |
|