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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Kratos Defense & Security Solutions
KTOS
$11.7B
| $5.32M | 0.01% |
359,700
-29,700
| -8% | -$439K |
|
|
RAD
1277
DELISTED
Rite Aid Corporation
RAD
| $5.31M | 0.01% |
207,461
+47,703
| +30% | +$1.22M |
|
1278
PENN Entertainment
PENN
$2.86B
| $5.29M | 0.01% |
160,661
+10,932
| +7% | +$360K |
|
1279
Edgewell Personal Care
EPC
$1.01B
| $5.28M | 0.01% |
114,305
-28,252
| -20% | -$1.31M |
|
1280
The Greenbrier Companies
GBX
$1.42B
| $5.26M | 0.01% |
87,550
+1,169
| +1% | +$70.3K |
|
1281
COPT Defense Properties
CDP
$3.46B
| $5.25M | 0.01% |
176,008
-17,293
| -9% | -$516K |
|
|
AXE
1282
DELISTED
Anixter International Inc
AXE
| $5.25M | 0.01% |
74,664
-21,807
| -23% | -$1.53M |
|
1283
Vital Energy
VTLE
$635M
| $5.24M | 0.01% |
32,084
+4,285
| +15% | +$700K |
|
1284
United Bankshares
UBSI
$5.3B
| $5.24M | 0.01% |
144,089
-11,632
| -7% | -$423K |
|
1285
Ultragenyx Pharmaceutical
RARE
$2.92B
| $5.23M | 0.01% |
68,505
-3,832
| -5% | -$293K |
|
1286
Acadia Healthcare
ACHC
$2.01B
| $5.23M | 0.01% |
148,562
-18,310
| -11% | -$644K |
|
1287
Box
BOX
$4.7B
| $5.22M | 0.01% |
218,098
+176,246
| +421% | +$4.21M |
|
|
UNIT
1288
Uniti Group
UNIT
$1.71B
| $5.21M | 0.01% |
258,288
+16,443
| +7% | +$331K |
|
1289
Pegasystems
PEGA
$9.93B
| $5.2M | 0.01% |
166,106
-16,706
| -9% | -$523K |
|
1290
US Physical Therapy
USPH
$1.22B
| $5.19M | 0.01% |
43,782
+1,015
| +2% | +$120K |
|
|
SHLX
1291
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $5.19M | 0.01% |
242,900
-28,616
| -11% | -$612K |
|
1292
Coherent
COHR
$16B
| $5.19M | 0.01% |
109,677
-5,954
| -5% | -$282K |
|
|
CRZO
1293
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $5.18M | 0.01% |
205,589
+34,044
| +20% | +$858K |
|
1294
ProAssurance
PRA
$1.22B
| $5.18M | 0.01% |
110,325
-7,487
| -6% | -$352K |
|
|
UCB
1295
United Community Banks, Inc.
UCB
$3.94B
| $5.18M | 0.01% |
185,720
+9,701
| +6% | +$271K |
|
1296
Prospect Capital
PSEC
$1.29B
| $5.18M | 0.01% |
706,600
-5,400
| -0.8% | -$39.6K |
|
|
VRTU
1297
DELISTED
Virtusa Corporation
VRTU
| $5.17M | 0.01% |
96,281
+16,248
| +20% | +$873K |
|
1298
Under Armour
UAA
$2.08B
| $5.16M | 0.01% |
243,063
+8,876
| +4% | +$188K |
|
1299
Horace Mann Educators
HMN
$1.94B
| $5.15M | 0.01% |
114,746
-9,531
| -8% | -$428K |
|
|
WFT
1300
DELISTED
Weatherford International plc
WFT
| $5.15M | 0.01% |
1,899,162
-98,392
| -5% | -$267K |
|