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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
KB Home
KBH
$4.49B
| $6.77M | 0.01% |
280,808
+30,408
| +12% | +$733K |
|
1102
Black Hills Corp
BKH
$4.32B
| $6.77M | 0.01% |
98,328
+9,728
| +11% | +$670K |
|
1103
H.B. Fuller
FUL
$3.35B
| $6.76M | 0.01% |
116,354
+54
| +0% | +$3.14K |
|
1104
Guess, Inc.
GES
$870M
| $6.75M | 0.01% |
396,221
+20,287
| +5% | +$346K |
|
1105
Maximus
MMS
$5.06B
| $6.75M | 0.01% |
104,587
+4,687
| +5% | +$302K |
|
|
HR
1106
DELISTED
Healthcare Realty Trust Incorporated
HR
| $6.75M | 0.01% |
208,561
+15,586
| +8% | +$504K |
|
|
AABA
1107
DELISTED
Altaba Inc. Common Stock
AABA
| $6.74M | 0.01% |
101,800
-529,200
| -84% | -$35.1M |
|
1108
Insight Enterprises
NSIT
$3.96B
| $6.74M | 0.01% |
146,729
-2,471
| -2% | -$113K |
|
|
GWR
1109
DELISTED
Genesee & Wyoming Inc.
GWR
| $6.73M | 0.01% |
90,890
+2,990
| +3% | +$221K |
|
1110
InterDigital
IDCC
$8.35B
| $6.7M | 0.01% |
90,787
-3,313
| -4% | -$244K |
|
|
TIME
1111
DELISTED
Time Inc.
TIME
| $6.68M | 0.01% |
494,931
+12,461
| +3% | +$168K |
|
|
MTL
1112
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $6.68M | 0.01% |
1,292,420
+249,170
| +24% | +$1.29M |
|
|
JBGS
1113
JBG SMITH
JBGS
$1.44B
| $6.68M | 0.01% |
+195,212
| New | +$6.68M |
|
1114
DNOW Inc
DNOW
$1.64B
| $6.68M | 0.01% |
483,350
+36,730
| +8% | +$507K |
|
1115
DiamondRock Hospitality
DRH
$1.72B
| $6.67M | 0.01% |
609,276
-2,902
| -0.5% | -$31.8K |
|
1116
Integra LifeSciences
IART
$1.18B
| $6.66M | 0.01% |
132,002
+8,402
| +7% | +$424K |
|
1117
Range Resources
RRC
$8.48B
| $6.66M | 0.01% |
340,362
+7,300
| +2% | +$143K |
|
1118
Dillards
DDS
$8.97B
| $6.65M | 0.01% |
118,533
+5,133
| +5% | +$288K |
|
|
APU
1119
DELISTED
AmeriGas Partners, L.P.
APU
| $6.63M | 0.01% |
147,622
+6,122
| +4% | +$275K |
|
1120
Pegasystems
PEGA
$9.88B
| $6.61M | 0.01% |
229,458
+16,258
| +8% | +$469K |
|
1121
Acadia Healthcare
ACHC
$2B
| $6.61M | 0.01% |
138,300
-500
| -0.4% | -$23.9K |
|
|
CMD
1122
DELISTED
Cantel Medical Corporation
CMD
| $6.6M | 0.01% |
70,052
+452
| +0.6% | +$42.6K |
|
1123
Photronics
PLAB
$1.33B
| $6.59M | 0.01% |
744,108
+23,908
| +3% | +$212K |
|
1124
United Bankshares
UBSI
$5.3B
| $6.58M | 0.01% |
177,029
+12,815
| +8% | +$476K |
|
1125
RLI Corp
RLI
$6.18B
| $6.58M | 0.01% |
229,296
+6,496
| +3% | +$186K |
|