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 | |
|---|---|---|---|---|---|---|
1101
H.B. Fuller
FUL
$3.35B
| $5.53M | 0.01% |
113,699
-26,541
| -19% | -$1.29M |
|
|
SHLX
1102
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $5.52M | 0.01% |
269,960
+56,764
| +27% | +$1.16M |
|
1103
Sensient Technologies
SXT
$4.49B
| $5.52M | 0.01% |
81,418
-6,307
| -7% | -$428K |
|
1104
Silicon Laboratories
SLAB
$4.38B
| $5.52M | 0.01% |
68,244
-11,940
| -15% | -$965K |
|
1105
Steven Madden
SHOO
$2.25B
| $5.52M | 0.01% |
163,046
-5,694
| -3% | -$193K |
|
1106
Kennametal
KMT
$1.59B
| $5.5M | 0.01% |
149,570
+1,659
| +1% | +$61K |
|
1107
Minerals Technologies
MTX
$2.01B
| $5.48M | 0.01% |
93,238
-5,735
| -6% | -$337K |
|
|
CHX
1108
DELISTED
ChampionX
CHX
| $5.47M | 0.01% |
133,167
-2,554
| -2% | -$105K |
|
1109
Jack in the Box
JACK
$351M
| $5.47M | 0.01% |
67,426
-1,879
| -3% | -$152K |
|
1110
Lumentum
LITE
$11.3B
| $5.47M | 0.01% |
96,649
-358
| -0.4% | -$20.2K |
|
1111
Brady Corp
BRC
$3.74B
| $5.46M | 0.01% |
117,732
-23,866
| -17% | -$1.11M |
|
1112
Helen of Troy
HELE
$560M
| $5.44M | 0.01% |
46,912
-2,502
| -5% | -$290K |
|
|
BBBY
1113
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.44M | 0.01% |
319,925
-254,182
| -44% | -$4.32M |
|
1114
PBF Energy
PBF
$3.2B
| $5.43M | 0.01% |
174,232
-12,021
| -6% | -$374K |
|
1115
Cabot Corp
CBT
$4.26B
| $5.42M | 0.01% |
130,292
+24,941
| +24% | +$1.04M |
|
1116
Fabrinet
FN
$12.8B
| $5.42M | 0.01% |
103,547
-1,806
| -2% | -$94.6K |
|
1117
Photronics
PLAB
$1.33B
| $5.42M | 0.01% |
573,366
-53,320
| -9% | -$504K |
|
|
BIG
1118
DELISTED
Big Lots, Inc.
BIG
| $5.41M | 0.01% |
142,279
-68,101
| -32% | -$2.59M |
|
|
DISCA
1119
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $5.4M | 0.01% |
199,843
-93,830
| -32% | -$2.54M |
|
1120
Semtech
SMTC
$5.32B
| $5.4M | 0.01% |
106,047
-5,484
| -5% | -$279K |
|
|
TCO
1121
DELISTED
Taubman Centers Inc.
TCO
| $5.39M | 0.01% |
101,967
-7,122
| -7% | -$377K |
|
|
STAY
1122
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $5.39M | 0.01% |
299,994
+80,031
| +36% | +$1.44M |
|
1123
Federated Hermes
FHI
$4.17B
| $5.38M | 0.01% |
183,640
-37,224
| -17% | -$1.09M |
|
|
WMGI
1124
DELISTED
Wright Medical Group Inc
WMGI
| $5.38M | 0.01% |
170,952
+33,999
| +25% | +$1.07M |
|
1125
Myriad Genetics
MYGN
$715M
| $5.36M | 0.01% |
161,382
-3,302
| -2% | -$110K |
|