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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1326
Patterson-UTI
PTEN
$2.13B
| $3.63M | ﹤0.01% |
314,918
-34,138
| -10% | -$393K |
|
|
EE
1327
DELISTED
El Paso Electric Company
EE
| $3.62M | ﹤0.01% |
55,418
-952
| -2% | -$62.3K |
|
1328
Granite Construction
GVA
$4.7B
| $3.61M | ﹤0.01% |
74,913
+6,618
| +10% | +$319K |
|
1329
Nelnet
NNI
$4.46B
| $3.6M | ﹤0.01% |
60,843
-12,462
| -17% | -$738K |
|
1330
Itron
ITRI
$5.47B
| $3.6M | ﹤0.01% |
57,477
-4,221
| -7% | -$264K |
|
1331
Pure Storage
PSTG
$26.9B
| $3.58M | ﹤0.01% |
234,400
-30,152
| -11% | -$460K |
|
|
EBIX
1332
DELISTED
Ebix Inc
EBIX
| $3.57M | ﹤0.01% |
71,020
-22,531
| -24% | -$1.13M |
|
|
KEM
1333
DELISTED
KEMET Corporation
KEM
| $3.56M | ﹤0.01% |
189,327
-18,192
| -9% | -$342K |
|
|
VRTU
1334
DELISTED
Virtusa Corporation
VRTU
| $3.56M | ﹤0.01% |
80,061
-15,776
| -16% | -$701K |
|
1335
LCI Industries
LCII
$2.43B
| $3.56M | ﹤0.01% |
39,514
+6,786
| +21% | +$611K |
|
1336
World Acceptance Corp
WRLD
$900M
| $3.54M | ﹤0.01% |
21,577
-5,146
| -19% | -$845K |
|
1337
News Corp Class B
NWS
$18.2B
| $3.52M | ﹤0.01% |
252,278
+20,624
| +9% | +$288K |
|
|
AAT
1338
American Assets Trust
AAT
$1.27B
| $3.52M | ﹤0.01% |
74,665
+9,540
| +15% | +$449K |
|
|
ECOL
1339
DELISTED
US Ecology, Inc.
ECOL
| $3.51M | ﹤0.01% |
58,983
-8,479
| -13% | -$505K |
|
|
PRFT
1340
DELISTED
Perficient Inc
PRFT
| $3.5M | ﹤0.01% |
102,039
-9,022
| -8% | -$310K |
|
|
NS
1341
DELISTED
NuStar Energy L.P.
NS
| $3.5M | ﹤0.01% |
128,802
-1,941
| -1% | -$52.7K |
|
1342
Fox Factory Holding Corp
FOXF
$1.14B
| $3.49M | ﹤0.01% |
42,346
-2,374
| -5% | -$196K |
|
1343
Penske Automotive Group
PAG
$11.9B
| $3.49M | ﹤0.01% |
73,753
-13,885
| -16% | -$657K |
|
1344
La-Z-Boy
LZB
$1.39B
| $3.49M | ﹤0.01% |
113,680
-18,351
| -14% | -$563K |
|
1345
Element Solutions
ESI
$6.36B
| $3.48M | ﹤0.01% |
336,968
-34,681
| -9% | -$359K |
|
1346
Axos Financial
AX
$5.17B
| $3.47M | ﹤0.01% |
127,501
-9,893
| -7% | -$270K |
|
|
PSXP
1347
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $3.47M | ﹤0.01% |
70,309
-1,564
| -2% | -$77.2K |
|
1348
EchoStar
SATS
$21.5B
| $3.47M | ﹤0.01% |
96,467
-45,638
| -32% | -$1.64M |
|
1349
SITE Centers
SITC
$463M
| $3.45M | ﹤0.01% |
334,394
-5,045
| -1% | -$52.1K |
|
1350
SiteOne Landscape Supply
SITE
$6.23B
| $3.45M | ﹤0.01% |
49,800
-800
| -2% | -$55.4K |
|