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 | |
|---|---|---|---|---|---|---|
1126
ESCO Technologies
ESE
$5.37B
| $4.32M | 0.01% |
56,946
-2,800
| -5% | -$213K |
|
1127
Columbia Banking Systems
COLB
$7.73B
| $4.3M | 0.01% |
160,609
-11,100
| -6% | -$297K |
|
1128
Saia
SAIA
$8.51B
| $4.29M | 0.01% |
58,350
-57,638
| -50% | -$4.24M |
|
1129
Wintrust Financial
WTFC
$8.95B
| $4.28M | 0.01% |
130,334
-66,442
| -34% | -$2.18M |
|
1130
Sanmina
SANM
$6.35B
| $4.28M | 0.01% |
156,715
-86,299
| -36% | -$2.35M |
|
1131
Prestige Consumer Healthcare
PBH
$3.1B
| $4.27M | 0.01% |
116,528
-38,567
| -25% | -$1.41M |
|
1132
EPR Properties
EPR
$4.44B
| $4.27M | 0.01% |
176,181
+12,400
| +8% | +$300K |
|
1133
Itron
ITRI
$5.49B
| $4.26M | 0.01% |
76,357
-19,481
| -20% | -$1.09M |
|
1134
Home BancShares
HOMB
$5.79B
| $4.26M | 0.01% |
354,893
-127,432
| -26% | -$1.53M |
|
1135
Varonis Systems
VRNS
$6.3B
| $4.25M | 0.01% |
200,439
+5,433
| +3% | +$115K |
|
1136
Cadence Bank
CADE
$6.86B
| $4.25M | 0.01% |
224,384
-3,600
| -2% | -$68.1K |
|
1137
Olin
OLN
$2.91B
| $4.22M | 0.01% |
361,752
-8,560
| -2% | -$99.9K |
|
1138
Park Hotels & Resorts
PK
$2.41B
| $4.22M | 0.01% |
533,741
+23,300
| +5% | +$184K |
|
1139
Lithia Motors
LAD
$8.47B
| $4.21M | 0.01% |
51,505
+1,485
| +3% | +$121K |
|
1140
Commercial Metals
CMC
$6.54B
| $4.21M | 0.01% |
266,587
-83,949
| -24% | -$1.33M |
|
1141
CNO Financial Group
CNO
$3.82B
| $4.21M | 0.01% |
339,578
-30,213
| -8% | -$374K |
|
1142
Fulton Financial
FULT
$3.47B
| $4.2M | 0.01% |
365,234
-36,500
| -9% | -$419K |
|
1143
Gaotu Techedu
GOTU
$879M
| $4.18M | 0.01% |
98,658
+1,418
| +1% | +$60.1K |
|
1144
J&J Snack Foods
JJSF
$2B
| $4.16M | 0.01% |
34,391
-1,800
| -5% | -$218K |
|
1145
Natera
NTRA
$23.6B
| $4.16M | 0.01% |
139,362
+10,500
| +8% | +$314K |
|
1146
Northwest Natural Holdings
NWN
$1.71B
| $4.16M | 0.01% |
67,377
-1,200
| -2% | -$74.1K |
|
1147
Federated Hermes
FHI
$4.09B
| $4.16M | 0.01% |
218,294
-48,664
| -18% | -$927K |
|
1148
Advanced Energy
AEIS
$5.91B
| $4.14M | 0.01% |
85,431
-51,800
| -38% | -$2.51M |
|
|
DEA
1149
Easterly Government Properties
DEA
$1.06B
| $4.14M | 0.01% |
67,170
+5,800
| +9% | +$357K |
|
1150
Evercore
EVR
$13.3B
| $4.13M | 0.01% |
89,759
-79,678
| -47% | -$3.67M |
|