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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
O-I Glass
OI
$1.95B
| $5.79M | 0.01% |
304,975
-11,460
| -4% | -$217K |
|
1077
FIVE9
FIVN
$2.02B
| $5.77M | 0.01% |
109,143
+6,413
| +6% | +$339K |
|
1078
Pure Storage
PSTG
$27B
| $5.77M | 0.01% |
264,552
-3,800
| -1% | -$82.8K |
|
1079
New Jersey Resources
NJR
$4.76B
| $5.76M | 0.01% |
115,706
+1,775
| +2% | +$88.4K |
|
1080
Wolverine World Wide
WWW
$2.51B
| $5.75M | 0.01% |
160,883
+7,820
| +5% | +$279K |
|
1081
Cheesecake Factory
CAKE
$2.9B
| $5.75M | 0.01% |
117,470
-9,088
| -7% | -$445K |
|
|
OAK
1082
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $5.74M | 0.01% |
115,560
+2,190
| +2% | +$109K |
|
1083
Morningstar
MORN
$10.6B
| $5.73M | 0.01% |
45,465
-1,128
| -2% | -$142K |
|
1084
UMB Financial
UMBF
$9.24B
| $5.73M | 0.01% |
89,425
-9,717
| -10% | -$622K |
|
1085
National Health Investors
NHI
$3.71B
| $5.71M | 0.01% |
72,722
+7,351
| +11% | +$577K |
|
1086
NorthWestern Energy
NWE
$3.47B
| $5.71M | 0.01% |
81,105
+1,953
| +2% | +$138K |
|
|
X
1087
DELISTED
US Steel
X
| $5.68M | 0.01% |
291,645
-15,012
| -5% | -$293K |
|
|
CCMP
1088
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $5.68M | 0.01% |
50,746
-8,651
| -15% | -$969K |
|
1089
FibroGen
FGEN
$46.5M
| $5.68M | 0.01% |
4,180
-68
| -2% | -$92.4K |
|
1090
TriMas Corp
TRS
$1.59B
| $5.68M | 0.01% |
187,743
-5,351
| -3% | -$162K |
|
|
TWOU
1091
DELISTED
2U, Inc.
TWOU
| $5.65M | 0.01% |
2,659
+82
| +3% | +$174K |
|
|
UNVR
1092
DELISTED
Univar Solutions Inc.
UNVR
| $5.62M | 0.01% |
253,438
+43,706
| +21% | +$968K |
|
|
GWPH
1093
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $5.61M | 0.01% |
33,300
-500
| -1% | -$84.3K |
|
1094
WNS Holdings
WNS
$3.24B
| $5.61M | 0.01% |
105,270
+2,558
| +2% | +$136K |
|
1095
Blackbaud
BLKB
$3.33B
| $5.61M | 0.01% |
70,297
-11,585
| -14% | -$924K |
|
1096
Omnicell
OMCL
$1.53B
| $5.6M | 0.01% |
69,294
+2,517
| +4% | +$203K |
|
1097
Copa Holdings
CPA
$4.73B
| $5.58M | 0.01% |
69,183
+7,910
| +13% | +$638K |
|
1098
Cirrus Logic
CRUS
$5.91B
| $5.56M | 0.01% |
132,143
-8,390
| -6% | -$353K |
|
1099
Medifast
MED
$152M
| $5.55M | 0.01% |
43,499
-500
| -1% | -$63.8K |
|
1100
Kratos Defense & Security Solutions
KTOS
$11.4B
| $5.54M | 0.01% |
354,359
+26,659
| +8% | +$417K |
|