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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Kennedy-Wilson Holdings
KW
$1.24B
| $5.62M | 0.01% |
265,711
-10,287
| -4% | -$218K |
|
|
APU
1227
DELISTED
AmeriGas Partners, L.P.
APU
| $5.62M | 0.01% |
133,008
-6,794
| -5% | -$287K |
|
1228
Copa Holdings
CPA
$4.85B
| $5.62M | 0.01% |
59,341
-7,764
| -12% | -$735K |
|
|
MZTI
1229
The Marzetti Company Common Stock
MZTI
$5.06B
| $5.61M | 0.01% |
40,521
-2,032
| -5% | -$281K |
|
|
PRSP
1230
DELISTED
Perspecta Inc. Common Stock
PRSP
| $5.61M | 0.01% |
+272,877
| New | +$5.61M |
|
1231
COPT Defense Properties
CDP
$3.43B
| $5.6M | 0.01% |
193,301
-26,799
| -12% | -$777K |
|
|
WWE
1232
DELISTED
World Wrestling Entertainment
WWE
| $5.59M | 0.01% |
76,775
-96
| -0.1% | -$6.99K |
|
1233
Photronics
PLAB
$1.33B
| $5.58M | 0.01% |
700,228
-84,449
| -11% | -$673K |
|
1234
Black Hills Corp
BKH
$4.32B
| $5.58M | 0.01% |
91,141
+2,584
| +3% | +$158K |
|
|
ONC
1235
BeOne Medicines Ltd. American Depositary Shares
ONC
$36.3B
| $5.56M | 0.01% |
36,179
-22,043
| -38% | -$3.39M |
|
1236
Ultragenyx Pharmaceutical
RARE
$3B
| $5.56M | 0.01% |
72,337
-4,963
| -6% | -$382K |
|
1237
Northwest Bancshares
NWBI
$1.83B
| $5.56M | 0.01% |
319,667
-24,445
| -7% | -$425K |
|
|
GWPH
1238
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $5.55M | 0.01% |
39,800
-7,900
| -17% | -$1.1M |
|
1239
BOK Financial
BOKF
$7.05B
| $5.55M | 0.01% |
59,054
-3,627
| -6% | -$341K |
|
1240
Horace Mann Educators
HMN
$1.93B
| $5.54M | 0.01% |
124,277
-2,903
| -2% | -$129K |
|
|
SYNH
1241
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $5.54M | 0.01% |
118,171
-20,729
| -15% | -$972K |
|
|
CPE
1242
DELISTED
Callon Petroleum Company
CPE
| $5.54M | 0.01% |
51,580
-10,300
| -17% | -$1.11M |
|
|
JBTM
1243
JBT Marel Corporation
JBTM
$7.2B
| $5.53M | 0.01% |
62,226
-6,595
| -10% | -$586K |
|
|
RAD
1244
DELISTED
Rite Aid Corporation
RAD
| $5.53M | 0.01% |
159,758
-56,430
| -26% | -$1.95M |
|
1245
Viavi Solutions
VIAV
$2.68B
| $5.52M | 0.01% |
539,382
-39,894
| -7% | -$408K |
|
|
KS
1246
DELISTED
KapStone Paper and Pack Corp.
KS
| $5.52M | 0.01% |
160,065
-3,773
| -2% | -$130K |
|
1247
Commault Systems
CVLT
$7.89B
| $5.52M | 0.01% |
83,820
-5,131
| -6% | -$338K |
|
1248
Cooper-Standard Automotive
CPS
$675M
| $5.52M | 0.01% |
42,218
+20,018
| +90% | +$2.62M |
|
1249
Federated Hermes
FHI
$4.17B
| $5.52M | 0.01% |
236,598
+4,429
| +2% | +$103K |
|
1250
Worthington Enterprises
WOR
$3.21B
| $5.49M | 0.01% |
212,010
-14,810
| -7% | -$383K |
|