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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Nelnet
NNI
$4.46B
| $4.04M | 0.01% |
73,305
-5,895
| -7% | -$325K |
|
|
CATM
1302
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $4.03M | 0.01% |
113,123
-10,471
| -8% | -$373K |
|
1303
Belden
BDC
$5.21B
| $4.01M | ﹤0.01% |
74,671
-6,928
| -8% | -$372K |
|
1304
Globant
GLOB
$2.47B
| $4.01M | ﹤0.01% |
56,151
-1,649
| -3% | -$118K |
|
1305
DigitalBridge
DBRG
$2.2B
| $3.99M | ﹤0.01% |
187,695
-2,675
| -1% | -$56.9K |
|
1306
Onto Innovation
ONTO
$5.44B
| $3.99M | ﹤0.01% |
129,218
-2,892
| -2% | -$89.3K |
|
1307
STAG Industrial
STAG
$6.77B
| $3.99M | ﹤0.01% |
134,490
+10,276
| +8% | +$305K |
|
1308
Casella Waste Systems
CWST
$5.79B
| $3.98M | ﹤0.01% |
111,984
+493
| +0.4% | +$17.5K |
|
1309
Axos Financial
AX
$5.17B
| $3.98M | ﹤0.01% |
137,394
+12,056
| +10% | +$349K |
|
1310
The GEO Group
GEO
$3.12B
| $3.97M | ﹤0.01% |
206,871
-35,963
| -15% | -$691K |
|
|
GHDX
1311
DELISTED
Genomic Health, Inc.
GHDX
| $3.97M | ﹤0.01% |
56,708
+2,923
| +5% | +$205K |
|
|
BEL
1312
DELISTED
Belmond Ltd.
BEL
| $3.97M | ﹤0.01% |
159,239
-5,162
| -3% | -$129K |
|
1313
Nu Skin
NUS
$596M
| $3.96M | ﹤0.01% |
82,629
-21,146
| -20% | -$1.01M |
|
1314
Acadia Healthcare
ACHC
$2.01B
| $3.95M | ﹤0.01% |
134,762
-1,800
| -1% | -$52.8K |
|
1315
Constellium
CSTM
$2.08B
| $3.95M | ﹤0.01% |
494,522
-12,700
| -3% | -$101K |
|
|
NBLX
1316
DELISTED
Noble Midstream Partners LP
NBLX
| $3.95M | ﹤0.01% |
109,570
+77,000
| +236% | +$2.77M |
|
1317
TopBuild
BLD
$11.7B
| $3.93M | ﹤0.01% |
60,611
+4,834
| +9% | +$313K |
|
|
MGLN
1318
DELISTED
Magellan Health Services, Inc.
MGLN
| $3.93M | ﹤0.01% |
59,587
-697
| -1% | -$45.9K |
|
1319
Penske Automotive Group
PAG
$11.9B
| $3.91M | ﹤0.01% |
87,638
-14,348
| -14% | -$641K |
|
|
STMP
1320
DELISTED
Stamps.com, Inc.
STMP
| $3.89M | ﹤0.01% |
47,832
-2,303
| -5% | -$187K |
|
1321
ATI
ATI
$10.5B
| $3.89M | ﹤0.01% |
152,197
-2,100
| -1% | -$53.7K |
|
1322
Pitney Bowes
PBI
$1.96B
| $3.88M | ﹤0.01% |
564,754
+3,577
| +0.6% | +$24.6K |
|
1323
Atlantic Union Bankshares
AUB
$5.05B
| $3.86M | ﹤0.01% |
119,330
+27,348
| +30% | +$884K |
|
|
IMMU
1324
DELISTED
Immunomedics Inc
IMMU
| $3.85M | ﹤0.01% |
200,574
-2,000
| -1% | -$38.4K |
|
1325
Resideo Technologies
REZI
$5.66B
| $3.85M | ﹤0.01% |
199,694
-4,174
| -2% | -$80.5K |
|