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 | |
|---|---|---|---|---|---|---|
1226
Simply Good Foods
SMPL
$2.63B
| $3.57M | ﹤0.01% |
185,232
-280,824
| -60% | -$5.41M |
|
1227
Plexus
PLXS
$3.71B
| $3.57M | ﹤0.01% |
65,381
-12,457
| -16% | -$680K |
|
1228
Under Armour
UAA
$2.09B
| $3.55M | ﹤0.01% |
384,900
-20,800
| -5% | -$192K |
|
1229
EchoStar
SATS
$20.7B
| $3.54M | ﹤0.01% |
110,851
-1,600
| -1% | -$51.2K |
|
1230
Moog
MOG.A
$6.24B
| $3.54M | ﹤0.01% |
70,114
-5,900
| -8% | -$298K |
|
1231
Fox Factory Holding Corp
FOXF
$1.13B
| $3.54M | ﹤0.01% |
84,329
-19,342
| -19% | -$812K |
|
1232
Targa Resources
TRGP
$35.1B
| $3.54M | ﹤0.01% |
512,571
+7,824
| +2% | +$54.1K |
|
|
AAN.A
1233
DELISTED
AARON'S INC CL-A
AAN.A
| $3.54M | ﹤0.01% |
155,335
-39,761
| -20% | -$906K |
|
|
EPAY
1234
DELISTED
Bottomline Technologies Inc
EPAY
| $3.54M | ﹤0.01% |
96,503
-3,900
| -4% | -$143K |
|
|
JOBS
1235
DELISTED
51job, Inc.
JOBS
| $3.54M | ﹤0.01% |
57,606
+709
| +1% | +$43.5K |
|
|
ICPT
1236
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.53M | ﹤0.01% |
56,029
-27,936
| -33% | -$1.76M |
|
1237
Spectrum Brands
SPB
$1.26B
| $3.53M | ﹤0.01% |
96,985
+3,872
| +4% | +$141K |
|
1238
APA Corp
APA
$8.2B
| $3.52M | ﹤0.01% |
841,878
+12,775
| +2% | +$53.4K |
|
1239
CONMED
CNMD
$1.6B
| $3.52M | ﹤0.01% |
61,431
-14,134
| -19% | -$809K |
|
1240
AutoNation
AN
$8.3B
| $3.51M | ﹤0.01% |
125,217
+2,011
| +2% | +$56.4K |
|
1241
Ironwood Pharmaceuticals
IRWD
$208M
| $3.5M | ﹤0.01% |
347,270
+27,470
| +9% | +$277K |
|
1242
Openlane
KAR
$3.04B
| $3.5M | ﹤0.01% |
291,465
-23,800
| -8% | -$286K |
|
1243
Cleveland-Cliffs
CLF
$5.88B
| $3.5M | ﹤0.01% |
885,274
-67,418
| -7% | -$266K |
|
1244
FS KKR Capital
FSK
$4.74B
| $3.49M | ﹤0.01% |
290,637
-23,150
| -7% | -$278K |
|
1245
Ambarella
AMBA
$3.45B
| $3.48M | ﹤0.01% |
71,633
-2,112
| -3% | -$103K |
|
1246
Badger Meter
BMI
$5.3B
| $3.46M | ﹤0.01% |
64,519
-3,055
| -5% | -$164K |
|
1247
WesBanco
WSBC
$3.01B
| $3.46M | ﹤0.01% |
145,793
-40,270
| -22% | -$954K |
|
1248
Capri Holdings
CPRI
$2.54B
| $3.44M | ﹤0.01% |
318,739
+15,539
| +5% | +$168K |
|
1249
International Bancshares
IBOC
$4.33B
| $3.43M | ﹤0.01% |
127,594
-40,532
| -24% | -$1.09M |
|
1250
Navient
NAVI
$1.3B
| $3.43M | ﹤0.01% |
452,448
-279,056
| -38% | -$2.12M |
|