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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Chord Energy
CHRD
$5.96B
| $6.85M | 0.01% |
482,776
-35,893
| -7% | -$509K |
|
1102
Apple Hospitality REIT
APLE
$2.98B
| $6.82M | 0.01% |
390,147
+27,481
| +8% | +$481K |
|
1103
Caesars Entertainment
CZR
$5.22B
| $6.82M | 0.01% |
140,302
+17,954
| +15% | +$873K |
|
1104
Insulet
PODD
$24.1B
| $6.8M | 0.01% |
64,165
-2,214
| -3% | -$235K |
|
1105
Yelp
YELP
$1.95B
| $6.79M | 0.01% |
137,961
-17,058
| -11% | -$839K |
|
|
QEP
1106
DELISTED
QEP RESOURCES, INC.
QEP
| $6.79M | 0.01% |
599,629
-65,100
| -10% | -$737K |
|
1107
Cheesecake Factory
CAKE
$2.82B
| $6.78M | 0.01% |
126,692
-7,832
| -6% | -$419K |
|
1108
Hillenbrand
HI
$1.73B
| $6.78M | 0.01% |
129,635
-12,541
| -9% | -$656K |
|
1109
John Wiley & Sons Class A
WLY
$2.19B
| $6.78M | 0.01% |
111,872
+3,694
| +3% | +$224K |
|
1110
New York Times
NYT
$9.59B
| $6.77M | 0.01% |
292,583
-18,479
| -6% | -$428K |
|
1111
Bruker
BRKR
$4.69B
| $6.77M | 0.01% |
202,450
-16,024
| -7% | -$536K |
|
1112
Cracker Barrel
CBRL
$1.14B
| $6.76M | 0.01% |
45,969
-2,813
| -6% | -$414K |
|
1113
Essent Group
ESNT
$6.29B
| $6.75M | 0.01% |
152,502
-15,486
| -9% | -$685K |
|
1114
Adient
ADNT
$1.95B
| $6.72M | 0.01% |
170,895
-24,981
| -13% | -$982K |
|
1115
Minerals Technologies
MTX
$1.99B
| $6.7M | 0.01% |
99,032
-2,533
| -2% | -$171K |
|
1116
ICU Medical
ICUI
$3.22B
| $6.68M | 0.01% |
23,631
+643
| +3% | +$182K |
|
|
CXP
1117
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $6.66M | 0.01% |
281,853
-36,160
| -11% | -$855K |
|
1118
Anywhere Real Estate
HOUS
$800M
| $6.65M | 0.01% |
321,971
-102,028
| -24% | -$2.11M |
|
1119
Penumbra
PEN
$10.6B
| $6.62M | 0.01% |
44,206
+706
| +2% | +$106K |
|
|
JBGS
1120
JBG SMITH
JBGS
$1.45B
| $6.55M | 0.01% |
177,933
+11,627
| +7% | +$428K |
|
|
B
1121
DELISTED
Barnes Group Inc.
B
| $6.54M | 0.01% |
92,125
-5,010
| -5% | -$356K |
|
1122
Designer Brands
DBI
$225M
| $6.54M | 0.01% |
193,108
-28,685
| -13% | -$972K |
|
1123
Glacier Bancorp
GBCI
$5.8B
| $6.53M | 0.01% |
151,493
-20,676
| -12% | -$891K |
|
1124
Photronics
PLAB
$1.33B
| $6.53M | 0.01% |
662,700
-37,528
| -5% | -$370K |
|
|
EPAY
1125
DELISTED
Bottomline Technologies Inc
EPAY
| $6.52M | 0.01% |
89,687
+11,238
| +14% | +$817K |
|