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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
SouthState Bank Corporation
SSB
$10.2B
| $4.51M | 0.01% |
76,792
-5,949
| -7% | -$349K |
|
1102
Floor & Decor
FND
$9.72B
| $4.51M | 0.01% |
140,400
-4,900
| -3% | -$157K |
|
1103
Apple Hospitality REIT
APLE
$2.97B
| $4.5M | 0.01% |
491,167
+22,326
| +5% | +$205K |
|
1104
Synaptics
SYNA
$2.73B
| $4.5M | 0.01% |
77,756
-34,261
| -31% | -$1.98M |
|
1105
Travel + Leisure Co
TNL
$4.01B
| $4.49M | 0.01% |
206,807
-17,292
| -8% | -$375K |
|
|
SINA
1106
DELISTED
Sina Corp
SINA
| $4.49M | 0.01% |
140,936
+1,814
| +1% | +$57.8K |
|
1107
Outfront Media
OUT
$3.19B
| $4.48M | 0.01% |
337,858
+6,682
| +2% | +$88.7K |
|
1108
LivaNova
LIVN
$3.03B
| $4.48M | 0.01% |
99,000
-5,400
| -5% | -$244K |
|
1109
Aaon
AAON
$6.81B
| $4.47M | 0.01% |
138,873
-12,591
| -8% | -$406K |
|
|
SGI
1110
Somnigroup International Inc.
SGI
$17.9B
| $4.47M | 0.01% |
409,440
-25,200
| -6% | -$275K |
|
1111
Vishay Intertechnology
VSH
$2.05B
| $4.47M | 0.01% |
310,241
-37,370
| -11% | -$539K |
|
|
B
1112
DELISTED
Barnes Group Inc.
B
| $4.47M | 0.01% |
106,797
-34,652
| -24% | -$1.45M |
|
|
MANT
1113
DELISTED
Mantech International Corp
MANT
| $4.46M | 0.01% |
61,344
-76,815
| -56% | -$5.58M |
|
|
BMY.RT
1114
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $4.46M | 0.01% |
1,172,544
-504,500
| -30% | -$1.92M |
|
1115
Fabrinet
FN
$12.7B
| $4.43M | 0.01% |
81,120
-20,500
| -20% | -$1.12M |
|
1116
Louisiana-Pacific
LPX
$6.61B
| $4.42M | 0.01% |
257,481
-19,700
| -7% | -$338K |
|
1117
Steven Madden
SHOO
$2.28B
| $4.41M | 0.01% |
189,986
-89,473
| -32% | -$2.08M |
|
1118
iRhythm Technologies
IRTC
$5.66B
| $4.39M | 0.01% |
54,000
+700
| +1% | +$56.9K |
|
|
MIC
1119
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $4.38M | 0.01% |
173,494
+900
| +0.5% | +$22.7K |
|
|
PSXP
1120
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $4.38M | 0.01% |
120,151
-6,100
| -5% | -$222K |
|
1121
Arcosa
ACA
$4.66B
| $4.37M | 0.01% |
110,039
-95,724
| -47% | -$3.8M |
|
1122
Agios Pharmaceuticals
AGIO
$2.11B
| $4.37M | 0.01% |
123,100
+3,793
| +3% | +$135K |
|
|
ELME
1123
Elme Communities
ELME
$1.49B
| $4.35M | 0.01% |
182,288
+25,500
| +16% | +$609K |
|
|
IBKC
1124
DELISTED
IBERIABANK Corp
IBKC
| $4.34M | 0.01% |
120,099
-7,571
| -6% | -$274K |
|
1125
The Ensign Group
ENSG
$9.59B
| $4.34M | 0.01% |
115,454
-42,261
| -27% | -$1.59M |
|