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 | |
|---|---|---|---|---|---|---|
|
CATM
1326
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $4.95M | 0.01% |
156,319
-14,920
| -9% | -$472K |
|
1327
Consolidated Water Co
CWCO
$529M
| $4.94M | 0.01% |
356,800
+300,000
| +528% | +$4.16M |
|
|
HA
1328
DELISTED
Hawaiian Holdings, Inc.
HA
| $4.94M | 0.01% |
123,229
-5,192
| -4% | -$208K |
|
1329
ATI
ATI
$10.5B
| $4.94M | 0.01% |
167,097
-8,997
| -5% | -$266K |
|
1330
Monro
MNRO
$519M
| $4.92M | 0.01% |
70,664
-8,113
| -10% | -$565K |
|
1331
Liberty Broadband Class A
LBRDA
$8.65B
| $4.92M | 0.01% |
58,305
-10,822
| -16% | -$913K |
|
|
PMT
1332
PennyMac Mortgage Investment
PMT
$1.07B
| $4.92M | 0.01% |
242,950
-3,695
| -1% | -$74.8K |
|
1333
Ironwood Pharmaceuticals
IRWD
$213M
| $4.9M | 0.01% |
317,161
+53,496
| +20% | +$827K |
|
1334
Qualys
QLYS
$4.82B
| $4.9M | 0.01% |
55,040
+3,393
| +7% | +$302K |
|
1335
DigitalBridge
DBRG
$2.2B
| $4.89M | 0.01% |
200,576
-120,390
| -38% | -$2.93M |
|
1336
Hain Celestial
HAIN
$194M
| $4.88M | 0.01% |
179,890
-87,814
| -33% | -$2.38M |
|
1337
NETGEAR
NTGR
$831M
| $4.87M | 0.01% |
77,542
+3,863
| +5% | +$243K |
|
1338
Benchmark Electronics
BHE
$1.41B
| $4.85M | 0.01% |
207,209
-13,228
| -6% | -$310K |
|
|
BBT
1339
Beacon Financial Corporation
BBT
$2.17B
| $4.85M | 0.01% |
119,135
-5,255
| -4% | -$214K |
|
1340
Penske Automotive Group
PAG
$11.9B
| $4.85M | 0.01% |
102,269
-2,435
| -2% | -$115K |
|
1341
Radware
RDWR
$1.1B
| $4.84M | 0.01% |
182,936
+9,299
| +5% | +$246K |
|
1342
Omnicell
OMCL
$1.46B
| $4.83M | 0.01% |
67,104
-6,540
| -9% | -$470K |
|
1343
Banner Corp
BANR
$2.29B
| $4.78M | 0.01% |
76,825
-5,795
| -7% | -$360K |
|
|
CTB
1344
DELISTED
Cooper Tire & Rubber Co.
CTB
| $4.77M | 0.01% |
168,574
-24,674
| -13% | -$698K |
|
1345
First Merchants
FRME
$2.31B
| $4.76M | 0.01% |
105,894
-8,921
| -8% | -$401K |
|
|
CVG
1346
DELISTED
Convergys
CVG
| $4.75M | 0.01% |
200,084
-7,049
| -3% | -$167K |
|
1347
GeoPark
GPRK
$325M
| $4.75M | 0.01% |
233,672
+32,763
| +16% | +$666K |
|
1348
Dycom Industries
DY
$7.47B
| $4.75M | 0.01% |
56,117
-6,341
| -10% | -$536K |
|
|
BPMC
1349
DELISTED
Blueprint Medicines
BPMC
| $4.74M | 0.01% |
60,770
-4,069
| -6% | -$318K |
|
1350
Graham Holdings Company
GHC
$5.12B
| $4.74M | 0.01% |
8,186
+215
| +3% | +$125K |
|