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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Integra LifeSciences
IART
$1.17B
| $4.73M | 0.01% |
84,928
-5,045
| -6% | -$281K |
|
1202
Sally Beauty Holdings
SBH
$1.48B
| $4.73M | 0.01% |
256,930
-60,278
| -19% | -$1.11M |
|
1203
Kulicke & Soffa
KLIC
$2.01B
| $4.72M | 0.01% |
213,429
-20,211
| -9% | -$447K |
|
1204
RH
RH
$4.08B
| $4.71M | 0.01% |
45,747
-384
| -0.8% | -$39.5K |
|
1205
Texas Capital Bancshares
TCBI
$3.98B
| $4.71M | 0.01% |
86,253
+17,116
| +25% | +$934K |
|
1206
CNX Resources
CNX
$4.25B
| $4.7M | 0.01% |
436,517
+8,192
| +2% | +$88.2K |
|
1207
Cheniere Energy
CQP
$25.2B
| $4.69M | 0.01% |
111,891
+20,269
| +22% | +$850K |
|
|
FNSR
1208
DELISTED
Finisar Corp
FNSR
| $4.69M | 0.01% |
202,351
+50,684
| +33% | +$1.17M |
|
|
CSOD
1209
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $4.68M | 0.01% |
85,439
-1,100
| -1% | -$60.3K |
|
|
EPAY
1210
DELISTED
Bottomline Technologies Inc
EPAY
| $4.68M | 0.01% |
93,377
-1,187
| -1% | -$59.5K |
|
1211
Pegasystems
PEGA
$9.93B
| $4.67M | 0.01% |
143,564
-2,200
| -2% | -$71.5K |
|
1212
Provident Financial Services
PFS
$2.59B
| $4.67M | 0.01% |
180,204
-12,116
| -6% | -$314K |
|
|
RDC
1213
DELISTED
Rowan Companies Plc
RDC
| $4.67M | 0.01% |
432,357
-35,916
| -8% | -$388K |
|
1214
Cannae Holdings
CNNE
$1.11B
| $4.66M | 0.01% |
192,167
+39,589
| +26% | +$960K |
|
1215
Worthington Enterprises
WOR
$3.17B
| $4.64M | 0.01% |
201,684
+10,110
| +5% | +$233K |
|
|
PDCE
1216
DELISTED
PDC Energy, Inc.
PDCE
| $4.63M | 0.01% |
113,924
+6,023
| +6% | +$245K |
|
1217
Sleep Number
SNBR
$214M
| $4.63M | 0.01% |
98,489
-8,522
| -8% | -$401K |
|
|
EBIX
1218
DELISTED
Ebix Inc
EBIX
| $4.62M | 0.01% |
93,551
-9,588
| -9% | -$473K |
|
1219
Chegg
CHGG
$167M
| $4.61M | 0.01% |
121,018
+49,193
| +68% | +$1.88M |
|
|
PDCO
1220
DELISTED
Patterson Companies, Inc.
PDCO
| $4.61M | 0.01% |
211,121
-29,696
| -12% | -$649K |
|
1221
Yelp
YELP
$1.95B
| $4.6M | 0.01% |
133,349
+6,488
| +5% | +$224K |
|
|
ESGR
1222
DELISTED
Enstar Group
ESGR
| $4.6M | 0.01% |
26,435
-1,356
| -5% | -$236K |
|
1223
Energizer
ENR
$2.02B
| $4.6M | 0.01% |
102,357
+8,053
| +9% | +$362K |
|
|
DCP
1224
DELISTED
DCP Midstream, LP
DCP
| $4.6M | 0.01% |
139,105
-14,141
| -9% | -$467K |
|
1225
Consolidated Water Co
CWCO
$529M
| $4.59M | 0.01% |
356,800
| – | – |
|