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 | |
|---|---|---|---|---|---|---|
1326
Scholastic
SCHL
$691M
| $4.89M | 0.01% |
110,315
-11,647
| -10% | -$516K |
|
1327
Werner Enterprises
WERN
$1.68B
| $4.88M | 0.01% |
129,958
-20,107
| -13% | -$755K |
|
1328
Capitol Federal Financial
CFFN
$839M
| $4.87M | 0.01% |
369,719
+69,994
| +23% | +$921K |
|
|
XHR
1329
Xenia Hotels & Resorts
XHR
$1.41B
| $4.85M | 0.01% |
198,939
-32,739
| -14% | -$797K |
|
|
UNIT
1330
Uniti Group
UNIT
$1.71B
| $4.84M | 0.01% |
241,845
-14,736
| -6% | -$295K |
|
1331
Twilio
TWLO
$15.7B
| $4.84M | 0.01% |
+86,356
| New | +$4.84M |
|
|
AMED
1332
DELISTED
Amedisys
AMED
| $4.83M | 0.01% |
56,536
-11,458
| -17% | -$979K |
|
1333
HUB Group
HUBG
$2.2B
| $4.83M | 0.01% |
194,062
+10,916
| +6% | +$272K |
|
1334
Caesars Entertainment
CZR
$5.22B
| $4.78M | 0.01% |
122,348
-26,697
| -18% | -$1.04M |
|
1335
Prospect Capital
PSEC
$1.29B
| $4.78M | 0.01% |
712,000
-32,900
| -4% | -$221K |
|
|
CRZO
1336
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $4.78M | 0.01% |
171,545
-4,355
| -2% | -$121K |
|
1337
Itron
ITRI
$5.47B
| $4.76M | 0.01% |
79,239
-4,724
| -6% | -$284K |
|
|
ABAX
1338
DELISTED
Abaxis Inc
ABAX
| $4.75M | 0.01% |
57,223
-4,219
| -7% | -$350K |
|
|
HPR
1339
DELISTED
HighPoint Resources Corporation
HPR
| $4.75M | 0.01% |
15,617
-5,151
| -25% | -$1.57M |
|
|
NUVA
1340
DELISTED
NuVasive, Inc.
NUVA
| $4.73M | 0.01% |
90,778
-6,311
| -7% | -$329K |
|
1341
Ubiquiti
UI
$36.6B
| $4.7M | 0.01% |
55,444
-22,894
| -29% | -$1.94M |
|
1342
Caleres
CAL
$503M
| $4.69M | 0.01% |
136,280
-14,620
| -10% | -$503K |
|
|
PMT
1343
PennyMac Mortgage Investment
PMT
$1.07B
| $4.68M | 0.01% |
246,645
-61,287
| -20% | -$1.16M |
|
1344
Pitney Bowes
PBI
$1.96B
| $4.68M | 0.01% |
546,189
-167,486
| -23% | -$1.44M |
|
|
NEWR
1345
DELISTED
New Relic, Inc.
NEWR
| $4.67M | 0.01% |
46,455
+16,493
| +55% | +$1.66M |
|
1346
Graham Holdings Company
GHC
$5.12B
| $4.67M | 0.01% |
7,971
-1,349
| -14% | -$791K |
|
|
PNK
1347
DELISTED
Pinnacle Entertainment Inc.
PNK
| $4.67M | 0.01% |
138,413
-53,466
| -28% | -$1.8M |
|
1348
Papa John's
PZZA
$1.65B
| $4.62M | 0.01% |
91,072
+6,172
| +7% | +$313K |
|
|
HA
1349
DELISTED
Hawaiian Holdings, Inc.
HA
| $4.62M | 0.01% |
128,421
-14,252
| -10% | -$512K |
|
1350
NETGEAR
NTGR
$831M
| $4.61M | 0.01% |
73,679
-16,998
| -19% | -$1.06M |
|