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 | |
|---|---|---|---|---|---|---|
1176
Otter Tail
OTTR
$3.49B
| $3.97M | ﹤0.01% |
89,209
-4,291
| -5% | -$191K |
|
1177
Hyatt Hotels
H
$13.7B
| $3.96M | ﹤0.01% |
82,715
-9,800
| -11% | -$469K |
|
1178
Healthcare Services Group
HCSG
$1.13B
| $3.96M | ﹤0.01% |
165,604
-134,702
| -45% | -$3.22M |
|
1179
CommScope
COMM
$3.62B
| $3.96M | ﹤0.01% |
434,243
+6,995
| +2% | +$63.7K |
|
|
CLDR
1180
DELISTED
Cloudera, Inc.
CLDR
| $3.94M | ﹤0.01% |
501,100
-7,400
| -1% | -$58.2K |
|
1181
Diodes
DIOD
$2.54B
| $3.94M | ﹤0.01% |
96,990
-32,273
| -25% | -$1.31M |
|
1182
Zillow
ZG
$20.6B
| $3.93M | ﹤0.01% |
115,600
-83,500
| -42% | -$2.84M |
|
1183
Rogers Corp
ROG
$1.49B
| $3.92M | ﹤0.01% |
41,472
-2,015
| -5% | -$190K |
|
|
AEL
1184
DELISTED
American Equity Investment Life Holding Company
AEL
| $3.92M | ﹤0.01% |
208,267
-65,366
| -24% | -$1.23M |
|
1185
National Storage Affiliates Trust
NSA
$2.36B
| $3.91M | ﹤0.01% |
131,971
-97,578
| -43% | -$2.89M |
|
1186
Atlantic Union Bankshares
AUB
$4.95B
| $3.89M | ﹤0.01% |
177,780
-78,942
| -31% | -$1.73M |
|
|
PGRE
1187
Paramount Group
PGRE
$1.63B
| $3.89M | ﹤0.01% |
442,417
-36,300
| -8% | -$319K |
|
1188
Energizer
ENR
$2B
| $3.89M | ﹤0.01% |
128,653
+1,300
| +1% | +$39.3K |
|
|
PE
1189
DELISTED
PARSLEY ENERGY INC
PE
| $3.88M | ﹤0.01% |
677,761
+16,205
| +2% | +$92.9K |
|
1190
Innospec
IOSP
$2.02B
| $3.87M | ﹤0.01% |
55,676
-2,493
| -4% | -$173K |
|
|
CIM
1191
Chimera Investment
CIM
$1.13B
| $3.87M | ﹤0.01% |
141,621
-44,851
| -24% | -$1.22M |
|
1192
Consolidated Water Co
CWCO
$532M
| $3.87M | ﹤0.01% |
235,681
-144,578
| -38% | -$2.37M |
|
1193
Helmerich & Payne
HP
$2.16B
| $3.86M | ﹤0.01% |
246,586
-25,154
| -9% | -$394K |
|
|
SUM
1194
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.85M | ﹤0.01% |
261,212
-65,715
| -20% | -$969K |
|
|
XEC
1195
DELISTED
CIMAREX ENERGY CO
XEC
| $3.85M | ﹤0.01% |
228,796
+3,400
| +2% | +$57.2K |
|
1196
Hancock Whitney
HWC
$5.3B
| $3.84M | ﹤0.01% |
196,589
-45,121
| -19% | -$881K |
|
1197
RH
RH
$4.32B
| $3.81M | ﹤0.01% |
37,944
-14,787
| -28% | -$1.49M |
|
1198
Ryman Hospitality Properties
RHP
$6.23B
| $3.79M | ﹤0.01% |
105,577
-24,464
| -19% | -$877K |
|
|
JWN
1199
DELISTED
Nordstrom
JWN
| $3.78M | ﹤0.01% |
246,344
-1,300
| -0.5% | -$19.9K |
|
1200
Telephone and Data Systems
TDS
$4.36B
| $3.78M | ﹤0.01% |
225,504
-23,766
| -10% | -$398K |
|