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 | |
|---|---|---|---|---|---|---|
|
ARRY
1251
DELISTED
Array Biopharma Inc
ARRY
| $5.45M | 0.01% |
325,058
+36,458
| +13% | +$612K |
|
|
WDR
1252
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $5.44M | 0.01% |
302,942
-33,274
| -10% | -$598K |
|
|
MNK
1253
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $5.42M | 0.01% |
290,625
-39,200
| -12% | -$731K |
|
1254
Range Resources
RRC
$8.4B
| $5.4M | 0.01% |
322,773
-125,498
| -28% | -$2.1M |
|
|
UCB
1255
United Community Banks, Inc.
UCB
$3.95B
| $5.4M | 0.01% |
176,019
+21,336
| +14% | +$654K |
|
1256
Enerpac Tool Group
EPAC
$2.3B
| $5.4M | 0.01% |
183,815
+15,652
| +9% | +$459K |
|
|
SEP
1257
DELISTED
Spectra Engy Parters Lp
SEP
| $5.39M | 0.01% |
152,067
+58,649
| +63% | +$2.08M |
|
1258
Mine Safety
MSA
$6.64B
| $5.38M | 0.01% |
55,874
-2,169
| -4% | -$209K |
|
1259
Mueller Industries
MLI
$11B
| $5.38M | 0.01% |
364,308
+25,410
| +7% | +$375K |
|
|
MNDT
1260
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $5.37M | 0.01% |
348,870
+1,570
| +0.5% | +$24.2K |
|
|
DO
1261
DELISTED
Diamond Offshore Drilling
DO
| $5.36M | 0.01% |
257,107
-572,717
| -69% | -$11.9M |
|
1262
Integer Holdings
ITGR
$3.55B
| $5.36M | 0.01% |
82,851
-15,108
| -15% | -$977K |
|
|
MDRX
1263
DELISTED
Veradigm Inc. Common Stock
MDRX
| $5.35M | 0.01% |
446,147
-43,738
| -9% | -$525K |
|
1264
Vital Energy
VTLE
$646M
| $5.35M | 0.01% |
27,799
-3,083
| -10% | -$593K |
|
1265
Protolabs
PRLB
$1.19B
| $5.34M | 0.01% |
44,876
+9,288
| +26% | +$1.1M |
|
1266
SM Energy
SM
$3.1B
| $5.33M | 0.01% |
207,520
-2,780
| -1% | -$71.4K |
|
1267
First Merchants
FRME
$2.31B
| $5.33M | 0.01% |
114,815
-11,071
| -9% | -$514K |
|
1268
SouthState Bank Corporation
SSB
$10.3B
| $5.32M | 0.01% |
61,642
-2,626
| -4% | -$227K |
|
1269
NorthWestern Energy
NWE
$3.5B
| $5.31M | 0.01% |
92,707
-8,575
| -8% | -$491K |
|
|
SUM
1270
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $5.3M | 0.01% |
205,372
-9,724
| -5% | -$251K |
|
1271
Lumentum
LITE
$11.4B
| $5.29M | 0.01% |
91,400
-18,200
| -17% | -$1.05M |
|
1272
Under Armour
UAA
$2.09B
| $5.27M | 0.01% |
234,187
+4,007
| +2% | +$90.1K |
|
1273
Liberty Broadband Class A
LBRDA
$8.54B
| $5.23M | 0.01% |
69,127
+2,735
| +4% | +$207K |
|
1274
FS KKR Capital
FSK
$4.92B
| $5.23M | 0.01% |
177,825
+23,975
| +16% | +$705K |
|
1275
WNS Holdings
WNS
$3.25B
| $5.23M | 0.01% |
100,158
-26,058
| -21% | -$1.36M |
|