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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AEL
1126
DELISTED
American Equity Investment Life Holding Company
AEL
| $6.58M | 0.01% |
182,834
-43,302
| -19% | -$1.56M |
|
|
WFT
1127
DELISTED
Weatherford International plc
WFT
| $6.57M | 0.01% |
1,997,554
-533,295
| -21% | -$1.75M |
|
|
ESGR
1128
DELISTED
Enstar Group
ESGR
| $6.57M | 0.01% |
31,667
-5,922
| -16% | -$1.23M |
|
1129
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $6.56M | 0.01% |
77,103
+8,584
| +13% | +$730K |
|
1130
Brighthouse Financial
BHF
$2.79B
| $6.56M | 0.01% |
163,642
-14,713
| -8% | -$590K |
|
|
INVX
1131
Innovex International, Inc.
INVX
$1.15B
| $6.56M | 0.01% |
127,545
+6,198
| +5% | +$319K |
|
|
TWOU
1132
DELISTED
2U, Inc.
TWOU
| $6.55M | 0.01% |
2,614
-414
| -14% | -$1.04M |
|
1133
Insight Enterprises
NSIT
$4.07B
| $6.55M | 0.01% |
133,889
-12,364
| -8% | -$605K |
|
1134
RBC Bearings
RBC
$11.9B
| $6.54M | 0.01% |
50,744
-4,291
| -8% | -$553K |
|
|
BID
1135
DELISTED
Sotheby's
BID
| $6.53M | 0.01% |
120,070
-26,967
| -18% | -$1.47M |
|
|
MFA
1136
MFA Financial
MFA
$1.05B
| $6.52M | 0.01% |
215,151
-13,270
| -6% | -$402K |
|
|
LHCG
1137
DELISTED
LHC Group LLC
LHCG
| $6.51M | 0.01% |
76,006
+26,920
| +55% | +$2.3M |
|
1138
Huazhu Hotels Group
HTHT
$11.3B
| $6.49M | 0.01% |
154,624
-7,020
| -4% | -$295K |
|
|
FMBI
1139
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $6.49M | 0.01% |
254,670
+23,341
| +10% | +$594K |
|
1140
Apple Hospitality REIT
APLE
$2.97B
| $6.48M | 0.01% |
362,666
-60,685
| -14% | -$1.08M |
|
1141
Conduent
CNDT
$442M
| $6.48M | 0.01% |
356,477
-31,235
| -8% | -$568K |
|
1142
Sanmina
SANM
$6.53B
| $6.47M | 0.01% |
220,728
-51,447
| -19% | -$1.51M |
|
|
BRSL
1143
Brightstar Lottery PLC
BRSL
$3.13B
| $6.46M | 0.01% |
277,984
-14,614
| -5% | -$340K |
|
1144
Axos Financial
AX
$5.19B
| $6.46M | 0.01% |
157,791
-10,653
| -6% | -$436K |
|
1145
Patterson-UTI
PTEN
$2.14B
| $6.45M | 0.01% |
358,475
-106,288
| -23% | -$1.91M |
|
1146
Benchmark Electronics
BHE
$1.43B
| $6.43M | 0.01% |
220,437
+939
| +0.4% | +$27.4K |
|
1147
Armstrong World Industries
AWI
$8.61B
| $6.42M | 0.01% |
101,627
-19,517
| -16% | -$1.23M |
|
1148
Avista
AVA
$2.94B
| $6.39M | 0.01% |
121,336
-30,444
| -20% | -$1.6M |
|
1149
Abercrombie & Fitch
ANF
$4.44B
| $6.38M | 0.01% |
260,617
-196,636
| -43% | -$4.81M |
|
1150
Spire
SR
$4.5B
| $6.37M | 0.01% |
90,197
-12,881
| -12% | -$910K |
|