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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Texas Capital Bancshares
TCBI
$3.98B
| $4.62M | 0.01% |
75,295
-10,958
| -13% | -$673K |
|
|
WMGI
1177
DELISTED
Wright Medical Group Inc
WMGI
| $4.62M | 0.01% |
154,827
-16,125
| -9% | -$481K |
|
1178
Acadia Healthcare
ACHC
$2.01B
| $4.61M | 0.01% |
131,978
-2,784
| -2% | -$97.3K |
|
1179
WESCO International
WCC
$10.4B
| $4.61M | 0.01% |
91,036
-33,614
| -27% | -$1.7M |
|
1180
Werner Enterprises
WERN
$1.68B
| $4.6M | 0.01% |
148,016
-7,051
| -5% | -$219K |
|
|
GWB
1181
DELISTED
Great Western Bancorp, Inc.
GWB
| $4.6M | 0.01% |
128,681
-31,422
| -20% | -$1.12M |
|
1182
Korn Ferry
KFY
$3.79B
| $4.59M | 0.01% |
114,633
-23,156
| -17% | -$928K |
|
1183
Choice Hotels
CHH
$5.22B
| $4.59M | 0.01% |
52,764
-3,406
| -6% | -$296K |
|
|
MDP
1184
DELISTED
Meredith Corporation
MDP
| $4.58M | 0.01% |
83,224
-25,021
| -23% | -$1.38M |
|
1185
Brighthouse Financial
BHF
$2.8B
| $4.56M | 0.01% |
124,400
-13,184
| -10% | -$484K |
|
1186
Alkermes
ALKS
$4.45B
| $4.56M | 0.01% |
202,100
-17,645
| -8% | -$398K |
|
1187
Telephone and Data Systems
TDS
$4.51B
| $4.55M | 0.01% |
149,533
-4,521
| -3% | -$137K |
|
1188
The GEO Group
GEO
$3.12B
| $4.54M | 0.01% |
216,191
+9,320
| +5% | +$196K |
|
1189
Watts Water Technologies
WTS
$9.39B
| $4.54M | 0.01% |
48,734
-10,601
| -18% | -$988K |
|
1190
Enovis
ENOV
$1.81B
| $4.54M | 0.01% |
94,106
-43,528
| -32% | -$2.1M |
|
1191
Integra LifeSciences
IART
$1.17B
| $4.54M | 0.01% |
81,258
-3,670
| -4% | -$205K |
|
1192
Copa Holdings
CPA
$4.86B
| $4.52M | 0.01% |
46,321
-22,862
| -33% | -$2.23M |
|
1193
iShares Core MSCI Emerging Markets ETF
IEMG
$106B
| $4.51M | 0.01% |
87,729
-252,954
| -74% | -$13M |
|
|
MFA
1194
MFA Financial
MFA
$1.04B
| $4.5M | 0.01% |
156,815
-7,372
| -4% | -$212K |
|
1195
KB Home
KBH
$4.48B
| $4.5M | 0.01% |
174,783
-21,306
| -11% | -$548K |
|
1196
Hope Bancorp
HOPE
$1.4B
| $4.49M | 0.01% |
325,725
-67,522
| -17% | -$930K |
|
1197
United Bankshares
UBSI
$5.3B
| $4.49M | 0.01% |
120,957
-1,753
| -1% | -$65K |
|
1198
Power Integrations
POWI
$2.48B
| $4.48M | 0.01% |
111,646
-4,434
| -4% | -$178K |
|
1199
Denny's
DENN
$264M
| $4.47M | 0.01% |
217,549
-27,541
| -11% | -$565K |
|
|
CSOD
1200
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $4.46M | 0.01% |
76,957
-8,482
| -10% | -$491K |
|