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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1326
MillerKnoll
MLKN
$1.4B
| $4.87M | 0.01% |
152,289
+4,167
| +3% | +$133K |
|
1327
Papa John's
PZZA
$1.65B
| $4.87M | 0.01% |
84,900
-4,691
| -5% | -$269K |
|
|
AKRX
1328
DELISTED
Akorn, Inc.
AKRX
| $4.87M | 0.01% |
260,000
-28,223
| -10% | -$528K |
|
1329
Tanger
SKT
$3.86B
| $4.86M | 0.01% |
220,918
-3,993
| -2% | -$87.8K |
|
1330
Allegiant Air
ALGT
$1.19B
| $4.84M | 0.01% |
28,049
-198
| -0.7% | -$34.2K |
|
1331
Nelnet
NNI
$4.46B
| $4.84M | 0.01% |
92,330
-1,048
| -1% | -$54.9K |
|
|
AGR
1332
DELISTED
Avangrid, Inc.
AGR
| $4.84M | 0.01% |
94,624
-4,882
| -5% | -$250K |
|
1333
Mine Safety
MSA
$6.63B
| $4.83M | 0.01% |
58,043
-1,949
| -3% | -$162K |
|
1334
Iridium Communications
IRDM
$1.89B
| $4.83M | 0.01% |
429,300
| – | – |
|
|
WBT
1335
DELISTED
Welbilt, Inc.
WBT
| $4.83M | 0.01% |
248,200
-47,238
| -16% | -$919K |
|
1336
Sleep Number
SNBR
$214M
| $4.81M | 0.01% |
136,944
-23,620
| -15% | -$830K |
|
1337
Black Hills Corp
BKH
$4.33B
| $4.81M | 0.01% |
88,557
-9,454
| -10% | -$513K |
|
1338
Kratos Defense & Security Solutions
KTOS
$11.7B
| $4.81M | 0.01% |
467,100
| – | – |
|
|
VRTU
1339
DELISTED
Virtusa Corporation
VRTU
| $4.8M | 0.01% |
99,128
-7,556
| -7% | -$366K |
|
1340
Kennedy-Wilson Holdings
KW
$1.24B
| $4.8M | 0.01% |
275,998
-24,620
| -8% | -$428K |
|
|
GCI
1341
DELISTED
Gannett Co., Inc
GCI
| $4.8M | 0.01% |
480,647
-176,394
| -27% | -$1.76M |
|
1342
Enviri
NVRI
$983M
| $4.79M | 0.01% |
231,996
-57,053
| -20% | -$1.18M |
|
1343
Light & Wonder
LNW
$7.48B
| $4.79M | 0.01% |
115,129
-12,669
| -10% | -$527K |
|
|
STAY
1344
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $4.78M | 0.01% |
241,804
+1,440
| +0.6% | +$28.5K |
|
1345
Unisys
UIS
$282M
| $4.78M | 0.01% |
444,467
-59,095
| -12% | -$635K |
|
|
MNK
1346
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $4.78M | 0.01% |
329,825
-2,481
| -0.7% | -$35.9K |
|
1347
First Bancorp
FBP
$3.49B
| $4.78M | 0.01% |
793,183
-122,955
| -13% | -$740K |
|
1348
Nexstar Media Group
NXST
$6.27B
| $4.77M | 0.01% |
71,699
-2,832
| -4% | -$188K |
|
1349
PRA Group
PRAA
$657M
| $4.76M | 0.01% |
125,237
-11,102
| -8% | -$422K |
|
1350
Axcelis
ACLS
$2.69B
| $4.75M | 0.01% |
192,907
-1,336
| -0.7% | -$32.9K |
|