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 | |
|---|---|---|---|---|---|---|
|
KAMN
1301
DELISTED
Kaman Corp
KAMN
| $5.06M | 0.01% |
72,626
+6,742
| +10% | +$470K |
|
1302
Babcock & Wilcox
BW
$281M
| $5.06M | 0.01% |
212,503
+104,875
| +97% | +$2.5M |
|
|
BBT
1303
Beacon Financial Corporation
BBT
$2.17B
| $5.05M | 0.01% |
124,390
+6,872
| +6% | +$279K |
|
1304
Spectrum Brands
SPB
$1.29B
| $5.05M | 0.01% |
61,848
+9,694
| +19% | +$791K |
|
1305
PENN Entertainment
PENN
$2.86B
| $5.03M | 0.01% |
149,729
-45,351
| -23% | -$1.52M |
|
1306
Coherent
COHR
$16B
| $5.02M | 0.01% |
115,631
-8,404
| -7% | -$365K |
|
1307
Synaptics
SYNA
$2.72B
| $5.02M | 0.01% |
99,735
+20,022
| +25% | +$1.01M |
|
1308
Pegasystems
PEGA
$9.93B
| $5.01M | 0.01% |
182,812
-18,372
| -9% | -$503K |
|
|
SPWR
1309
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.01M | 0.01% |
996,893
-235,465
| -19% | -$1.18M |
|
|
CHSP
1310
DELISTED
Chesapeake Lodging Trust
CHSP
| $5M | 0.01% |
157,891
+34,835
| +28% | +$1.1M |
|
1311
Power Integrations
POWI
$2.48B
| $4.99M | 0.01% |
136,604
-12,228
| -8% | -$447K |
|
1312
Cable One
CABO
$968M
| $4.99M | 0.01% |
6,800
+800
| +13% | +$587K |
|
1313
Repligen
RGEN
$6.39B
| $4.98M | 0.01% |
105,859
-19,355
| -15% | -$911K |
|
|
ESL
1314
DELISTED
Esterline Technologies
ESL
| $4.98M | 0.01% |
67,476
-11,213
| -14% | -$828K |
|
|
ECOL
1315
DELISTED
US Ecology, Inc.
ECOL
| $4.97M | 0.01% |
78,043
-9,857
| -11% | -$628K |
|
1316
Banner Corp
BANR
$2.29B
| $4.97M | 0.01% |
82,620
+12,011
| +17% | +$722K |
|
1317
Darling Ingredients
DAR
$4.97B
| $4.96M | 0.01% |
249,401
-10,060
| -4% | -$200K |
|
1318
Veeco
VECO
$1.52B
| $4.96M | 0.01% |
347,740
-80,112
| -19% | -$1.14M |
|
1319
Tanger
SKT
$3.86B
| $4.95M | 0.01% |
210,808
-10,110
| -5% | -$237K |
|
1320
Advanced Drainage Systems
WMS
$11B
| $4.95M | 0.01% |
173,201
-15,699
| -8% | -$448K |
|
1321
Element Solutions
ESI
$6.36B
| $4.94M | 0.01% |
425,747
-36,996
| -8% | -$429K |
|
1322
LXP Industrial Trust
LXP
$2.72B
| $4.93M | 0.01% |
565,006
-118,256
| -17% | -$1.03M |
|
1323
HEICO
HEI
$44.4B
| $4.93M | 0.01% |
67,535
-7,193
| -10% | -$525K |
|
1324
Penske Automotive Group
PAG
$11.9B
| $4.91M | 0.01% |
104,704
+3,757
| +4% | +$176K |
|
|
PDCO
1325
DELISTED
Patterson Companies, Inc.
PDCO
| $4.9M | 0.01% |
216,005
-52,360
| -20% | -$1.19M |
|