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 | |
|---|---|---|---|---|---|---|
|
FNSR
1201
DELISTED
Finisar Corp
FNSR
| $4.46M | 0.01% |
194,913
-7,438
| -4% | -$170K |
|
1202
CONMED
CNMD
$1.64B
| $4.45M | 0.01% |
52,024
-1,437
| -3% | -$123K |
|
1203
Yelp
YELP
$1.95B
| $4.44M | 0.01% |
129,868
-3,481
| -3% | -$119K |
|
|
BMCH
1204
DELISTED
BMC Stock Holdings, Inc
BMCH
| $4.44M | 0.01% |
209,340
+3,443
| +2% | +$73K |
|
1205
Casella Waste Systems
CWST
$5.79B
| $4.44M | 0.01% |
111,924
-60
| -0.1% | -$2.38K |
|
1206
Asbury Automotive
ABG
$4.8B
| $4.43M | 0.01% |
52,516
-10,422
| -17% | -$879K |
|
|
BDN
1207
Brandywine Realty Trust
BDN
$789M
| $4.41M | 0.01% |
307,711
+4,384
| +1% | +$62.8K |
|
1208
Kennedy-Wilson Holdings
KW
$1.24B
| $4.4M | 0.01% |
213,845
-18,420
| -8% | -$379K |
|
1209
Constellium
CSTM
$2.08B
| $4.39M | 0.01% |
437,522
-57,000
| -12% | -$572K |
|
|
MOMO
1210
Hello Group
MOMO
$1.19B
| $4.39M | 0.01% |
122,642
-9,684
| -7% | -$347K |
|
1211
International Bancshares
IBOC
$4.39B
| $4.36M | 0.01% |
115,625
-19,258
| -14% | -$726K |
|
1212
Globus Medical
GMED
$7.93B
| $4.35M | 0.01% |
102,834
+10,122
| +11% | +$428K |
|
1213
Protolabs
PRLB
$1.18B
| $4.34M | 0.01% |
37,415
+1,177
| +3% | +$137K |
|
|
EPAY
1214
DELISTED
Bottomline Technologies Inc
EPAY
| $4.3M | 0.01% |
97,184
+3,807
| +4% | +$168K |
|
1215
Deluxe
DLX
$881M
| $4.3M | 0.01% |
105,709
-46,699
| -31% | -$1.9M |
|
1216
Transocean
RIG
$3.11B
| $4.3M | 0.01% |
670,367
-218,503
| -25% | -$1.4M |
|
|
CHX
1217
DELISTED
ChampionX
CHX
| $4.29M | 0.01% |
128,019
-5,148
| -4% | -$173K |
|
1218
Rexford Industrial Realty
REXR
$10.3B
| $4.29M | 0.01% |
106,246
+18,627
| +21% | +$752K |
|
1219
AMC Networks
AMCX
$357M
| $4.28M | 0.01% |
78,618
-27,964
| -26% | -$1.52M |
|
1220
Dropbox
DBX
$8.34B
| $4.28M | 0.01% |
171,000
+23,897
| +16% | +$599K |
|
1221
Advanced Drainage Systems
WMS
$11B
| $4.28M | 0.01% |
130,546
-12,912
| -9% | -$423K |
|
1222
Carpenter Technology
CRS
$12B
| $4.27M | 0.01% |
88,977
-9,027
| -9% | -$433K |
|
1223
American States Water
AWR
$2.82B
| $4.26M | 0.01% |
56,666
+4,248
| +8% | +$320K |
|
|
CXP
1224
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $4.25M | 0.01% |
205,086
+4,321
| +2% | +$89.6K |
|
1225
Cheesecake Factory
CAKE
$2.82B
| $4.25M | 0.01% |
97,257
-20,213
| -17% | -$884K |
|