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 | |
|---|---|---|---|---|---|---|
1226
Matador Resources
MTDR
$5.93B
| $4.25M | 0.01% |
213,707
-10,217
| -5% | -$203K |
|
1227
Fabrinet
FN
$12.8B
| $4.24M | 0.01% |
85,397
-18,150
| -18% | -$902K |
|
|
TCO
1228
DELISTED
Taubman Centers Inc.
TCO
| $4.24M | 0.01% |
103,745
+1,778
| +2% | +$72.6K |
|
|
WUBA
1229
DELISTED
58.COM INC
WUBA
| $4.24M | 0.01% |
68,140
-6,675
| -9% | -$415K |
|
1230
Main Street Capital
MAIN
$5.99B
| $4.23M | 0.01% |
102,978
+5,685
| +6% | +$234K |
|
1231
Belden
BDC
$5.21B
| $4.23M | 0.01% |
70,977
-3,694
| -5% | -$220K |
|
1232
Caesars Entertainment
CZR
$5.22B
| $4.22M | 0.01% |
91,489
-3,287
| -3% | -$151K |
|
|
SJI
1233
DELISTED
South Jersey Industries, Inc.
SJI
| $4.21M | 0.01% |
124,718
-5,126
| -4% | -$173K |
|
1234
US Physical Therapy
USPH
$1.22B
| $4.21M | 0.01% |
34,310
-1,010
| -3% | -$124K |
|
1235
Wingstop
WING
$7.43B
| $4.2M | 0.01% |
44,342
+2,775
| +7% | +$263K |
|
1236
Resideo Technologies
REZI
$5.66B
| $4.18M | ﹤0.01% |
190,843
-8,851
| -4% | -$194K |
|
1237
Photronics
PLAB
$1.33B
| $4.18M | ﹤0.01% |
509,316
-64,050
| -11% | -$525K |
|
1238
O-I Glass
OI
$1.99B
| $4.17M | ﹤0.01% |
241,537
-63,438
| -21% | -$1.1M |
|
1239
ZTO Express
ZTO
$15.2B
| $4.16M | ﹤0.01% |
217,758
-44,026
| -17% | -$842K |
|
1240
Minerals Technologies
MTX
$1.99B
| $4.15M | ﹤0.01% |
77,455
-15,783
| -17% | -$845K |
|
|
AJRD
1241
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $4.14M | ﹤0.01% |
92,475
+2,435
| +3% | +$109K |
|
1242
Atlantic Union Bankshares
AUB
$5.05B
| $4.14M | ﹤0.01% |
117,087
-2,243
| -2% | -$79.3K |
|
1243
DMC Global
BOOM
$145M
| $4.13M | ﹤0.01% |
65,157
-4,499
| -6% | -$285K |
|
|
X
1244
DELISTED
US Steel
X
| $4.12M | ﹤0.01% |
269,358
-22,287
| -8% | -$341K |
|
|
AEL
1245
DELISTED
American Equity Investment Life Holding Company
AEL
| $4.12M | ﹤0.01% |
151,718
+1,287
| +0.9% | +$35K |
|
1246
Paylocity
PCTY
$9.36B
| $4.11M | ﹤0.01% |
43,758
+607
| +1% | +$56.9K |
|
1247
World Kinect Corp
WKC
$1.41B
| $4.09M | ﹤0.01% |
113,857
-26,337
| -19% | -$947K |
|
1248
EXL Service
EXLS
$7.04B
| $4.09M | ﹤0.01% |
309,090
+39,105
| +14% | +$517K |
|
|
AXE
1249
DELISTED
Anixter International Inc
AXE
| $4.08M | ﹤0.01% |
68,387
-4,793
| -7% | -$286K |
|
1250
Rogers Corp
ROG
$1.47B
| $4.07M | ﹤0.01% |
23,562
-36
| -0.2% | -$6.21K |
|