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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Semtech
SMTC
$5.23B
| $5.12M | 0.01% |
111,531
-5,129
| -4% | -$235K |
|
1102
Steven Madden
SHOO
$2.26B
| $5.11M | 0.01% |
168,740
-6,594
| -4% | -$200K |
|
1103
Hope Bancorp
HOPE
$1.4B
| $5.11M | 0.01% |
430,450
-20,764
| -5% | -$246K |
|
1104
AllianceBernstein
AB
$4.19B
| $5.1M | 0.01% |
186,752
-6,141
| -3% | -$168K |
|
|
BCPC
1105
Balchem Corporation
BCPC
$5.07B
| $5.1M | 0.01% |
65,085
-1,822
| -3% | -$143K |
|
1106
Hillenbrand
HI
$1.73B
| $5.09M | 0.01% |
134,162
+4,527
| +3% | +$172K |
|
1107
Minerals Technologies
MTX
$1.99B
| $5.08M | 0.01% |
98,973
-59
| -0.1% | -$3.03K |
|
|
RPAI
1108
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $5.08M | 0.01% |
467,896
-26,260
| -5% | -$285K |
|
1109
Commercial Metals
CMC
$6.47B
| $5.07M | 0.01% |
316,645
+5,418
| +2% | +$86.8K |
|
1110
Trinseo
TSE
$87.7M
| $5.06M | 0.01% |
110,524
+10,253
| +10% | +$469K |
|
1111
Valvoline
VVV
$5.14B
| $5.05M | 0.01% |
261,000
-25,500
| -9% | -$493K |
|
|
FMBI
1112
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $5.05M | 0.01% |
254,857
+10,351
| +4% | +$205K |
|
|
HZNP
1113
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $5.05M | 0.01% |
258,297
-27,817
| -10% | -$544K |
|
1114
Essent Group
ESNT
$6.29B
| $5.03M | 0.01% |
147,218
-5,284
| -3% | -$181K |
|
1115
Armstrong World Industries
AWI
$8.5B
| $5.03M | 0.01% |
86,414
-6,255
| -7% | -$364K |
|
|
TEN
1116
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $5.03M | 0.01% |
183,554
+3,725
| +2% | +$102K |
|
1117
Axon Enterprise
AXON
$59.4B
| $5M | 0.01% |
114,353
-11,663
| -9% | -$510K |
|
|
WDR
1118
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $4.98M | 0.01% |
275,683
-12,137
| -4% | -$219K |
|
1119
Asbury Automotive
ABG
$4.8B
| $4.98M | 0.01% |
74,627
-3,451
| -4% | -$230K |
|
1120
Penumbra
PEN
$10.6B
| $4.97M | 0.01% |
40,706
-3,500
| -8% | -$428K |
|
1121
Dorman Products
DORM
$4.93B
| $4.97M | 0.01% |
55,166
-4,062
| -7% | -$366K |
|
|
TCO
1122
DELISTED
Taubman Centers Inc.
TCO
| $4.96M | 0.01% |
109,089
-26,585
| -20% | -$1.21M |
|
1123
Cimpress
CMPR
$1.4B
| $4.95M | 0.01% |
47,894
-7,206
| -13% | -$745K |
|
1124
GameStop
GME
$11.2B
| $4.95M | 0.01% |
1,568,132
-41,504
| -3% | -$131K |
|
1125
National Health Investors
NHI
$3.72B
| $4.94M | 0.01% |
65,371
-5,691
| -8% | -$430K |
|