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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Credit Acceptance
CACC
$5.9B
| $7.15M | 0.01% |
20,217
+382
| +2% | +$135K |
|
1077
ACI Worldwide
ACIW
$5.22B
| $7.14M | 0.01% |
289,524
-22,954
| -7% | -$566K |
|
|
PGRE
1078
Paramount Group
PGRE
$1.59B
| $7.11M | 0.01% |
461,858
+22,704
| +5% | +$350K |
|
1079
First Financial Bankshares
FFIN
$5.13B
| $7.11M | 0.01% |
279,286
-2,714
| -1% | -$69.1K |
|
1080
EastGroup Properties
EGP
$8.94B
| $7.08M | 0.01% |
74,102
-15,218
| -17% | -$1.45M |
|
1081
Manhattan Associates
MANH
$13.3B
| $7.06M | 0.01% |
150,216
-12,058
| -7% | -$567K |
|
|
SAVE
1082
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.06M | 0.01% |
194,219
+28,132
| +17% | +$1.02M |
|
1083
Cousins Properties
CUZ
$4.97B
| $7.05M | 0.01% |
181,802
-19,047
| -9% | -$738K |
|
1084
Jack in the Box
JACK
$342M
| $7.04M | 0.01% |
82,720
-7,802
| -9% | -$664K |
|
1085
Medifast
MED
$153M
| $7.04M | 0.01% |
43,939
-11,890
| -21% | -$1.9M |
|
1086
Comtech Telecommunications
CMTL
$68.2M
| $7.03M | 0.01% |
220,509
-68,727
| -24% | -$2.19M |
|
|
BCPC
1087
Balchem Corporation
BCPC
$5.17B
| $7.03M | 0.01% |
71,607
-2,653
| -4% | -$260K |
|
1088
Telephone and Data Systems
TDS
$4.53B
| $7M | 0.01% |
255,338
-58,889
| -19% | -$1.61M |
|
1089
Energizer
ENR
$1.99B
| $6.98M | 0.01% |
110,927
-5,273
| -5% | -$332K |
|
1090
Agios Pharmaceuticals
AGIO
$2.12B
| $6.98M | 0.01% |
82,859
+4,859
| +6% | +$409K |
|
|
ZNGA
1091
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $6.98M | 0.01% |
1,714,473
-262,190
| -13% | -$1.07M |
|
|
MDSO
1092
DELISTED
Medidata Solutions, Inc.
MDSO
| $6.95M | 0.01% |
86,313
-16,600
| -16% | -$1.34M |
|
|
HR
1093
DELISTED
Healthcare Realty Trust Incorporated
HR
| $6.94M | 0.01% |
238,693
+18,277
| +8% | +$531K |
|
1094
Texas Capital Bancshares
TCBI
$4B
| $6.92M | 0.01% |
75,671
-6,870
| -8% | -$629K |
|
1095
Marriott Vacations Worldwide
VAC
$2.75B
| $6.9M | 0.01% |
61,042
-10,762
| -15% | -$1.22M |
|
|
RPAI
1096
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $6.86M | 0.01% |
536,919
-143,923
| -21% | -$1.84M |
|
|
VSM
1097
DELISTED
Versum Materials, Inc.
VSM
| $6.85M | 0.01% |
184,415
-9,985
| -5% | -$371K |
|
|
AHL
1098
DELISTED
ASPEN Insurance Holding Limited
AHL
| $6.85M | 0.01% |
168,254
-52,695
| -24% | -$2.14M |
|
1099
Commercial Metals
CMC
$6.63B
| $6.84M | 0.01% |
324,039
+27,795
| +9% | +$587K |
|
1100
The GEO Group
GEO
$3.26B
| $6.84M | 0.01% |
248,343
-28,821
| -10% | -$794K |
|