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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MNK
1101
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $7.5M | 0.01% |
332,306
+68,336
| +26% | +$1.54M |
|
|
KND
1102
DELISTED
Kindred Healthcare
KND
| $7.49M | 0.01% |
772,396
+20,434
| +3% | +$198K |
|
1103
Dillards
DDS
$8.88B
| $7.49M | 0.01% |
124,752
+6,219
| +5% | +$373K |
|
|
EEP
1104
DELISTED
Enbridge Energy Partners
EEP
| $7.49M | 0.01% |
542,136
+19,100
| +4% | +$264K |
|
1105
ACI Worldwide
ACIW
$5.17B
| $7.45M | 0.01% |
328,718
+3,082
| +0.9% | +$69.9K |
|
|
SAFM
1106
DELISTED
Sanderson Farms Inc
SAFM
| $7.45M | 0.01% |
53,689
+2,344
| +5% | +$325K |
|
1107
COPT Defense Properties
CDP
$3.45B
| $7.45M | 0.01% |
254,999
+2,805
| +1% | +$81.9K |
|
|
GNCMA
1108
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $7.44M | 0.01% |
190,656
-13,955
| -7% | -$544K |
|
|
GWR
1109
DELISTED
Genesee & Wyoming Inc.
GWR
| $7.43M | 0.01% |
94,390
+3,500
| +4% | +$276K |
|
1110
LendingTree
TREE
$977M
| $7.42M | 0.01% |
21,804
+565
| +3% | +$192K |
|
1111
DiamondRock Hospitality
DRH
$1.72B
| $7.42M | 0.01% |
657,085
+47,809
| +8% | +$540K |
|
1112
Selective Insurance
SIGI
$4.75B
| $7.4M | 0.01% |
126,047
+11,853
| +10% | +$696K |
|
1113
Five Below
FIVE
$8.05B
| $7.38M | 0.01% |
111,342
+8,972
| +9% | +$595K |
|
1114
Choice Hotels
CHH
$5.2B
| $7.38M | 0.01% |
95,047
-2,151
| -2% | -$167K |
|
1115
LXP Industrial Trust
LXP
$2.67B
| $7.36M | 0.01% |
762,451
+24,062
| +3% | +$232K |
|
1116
Valley National Bancorp
VLY
$5.99B
| $7.35M | 0.01% |
654,936
+26,518
| +4% | +$298K |
|
|
EE
1117
DELISTED
El Paso Electric Company
EE
| $7.33M | 0.01% |
132,466
+6,582
| +5% | +$364K |
|
|
STL
1118
DELISTED
Sterling Bancorp
STL
| $7.33M | 0.01% |
297,758
+146,857
| +97% | +$3.61M |
|
|
PGRE
1119
Paramount Group
PGRE
$1.59B
| $7.32M | 0.01% |
461,761
+52,904
| +13% | +$839K |
|
|
AXE
1120
DELISTED
Anixter International Inc
AXE
| $7.31M | 0.01% |
96,121
+3,195
| +3% | +$243K |
|
|
MBFI
1121
DELISTED
MB Financial Corp
MBFI
| $7.3M | 0.01% |
163,884
+12,050
| +8% | +$536K |
|
|
HR
1122
DELISTED
Healthcare Realty Trust Incorporated
HR
| $7.29M | 0.01% |
226,834
+18,273
| +9% | +$587K |
|
|
CVA
1123
DELISTED
Covanta Holding Corporation
CVA
| $7.28M | 0.01% |
430,492
+5,203
| +1% | +$87.9K |
|
1124
Belden
BDC
$5.15B
| $7.24M | 0.01% |
93,859
+9,217
| +11% | +$711K |
|
1125
Cadence Bank
CADE
$6.94B
| $7.22M | 0.01% |
229,491
-5,994
| -3% | -$188K |
|