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 | |
|---|---|---|---|---|---|---|
|
BBT
1351
Beacon Financial Corporation
BBT
$2.17B
| $3.45M | ﹤0.01% |
109,755
+2,854
| +3% | +$89.6K |
|
1352
Core Laboratories
CLB
$581M
| $3.43M | ﹤0.01% |
65,661
+399
| +0.6% | +$20.9K |
|
1353
Hain Celestial
HAIN
$194M
| $3.43M | ﹤0.01% |
156,700
-23,901
| -13% | -$523K |
|
1354
Visteon
VC
$3.4B
| $3.42M | ﹤0.01% |
58,394
-29,863
| -34% | -$1.75M |
|
1355
Crocs
CROX
$4.23B
| $3.42M | ﹤0.01% |
172,960
-33,708
| -16% | -$666K |
|
1356
Adient
ADNT
$1.95B
| $3.41M | ﹤0.01% |
140,672
-33,644
| -19% | -$817K |
|
|
VRE
1357
Veris Residential
VRE
$1.49B
| $3.41M | ﹤0.01% |
146,390
+10,331
| +8% | +$241K |
|
|
MDR
1358
DELISTED
McDermott International
MDR
| $3.4M | ﹤0.01% |
351,844
-112,825
| -24% | -$1.09M |
|
1359
Hilltop Holdings
HTH
$2.18B
| $3.39M | ﹤0.01% |
159,457
-24,304
| -13% | -$517K |
|
1360
Independent Bank
INDB
$3.56B
| $3.38M | ﹤0.01% |
44,402
+2,743
| +7% | +$209K |
|
1361
J&J Snack Foods
JJSF
$2.02B
| $3.38M | ﹤0.01% |
20,992
-251
| -1% | -$40.4K |
|
|
ENLC
1362
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.38M | ﹤0.01% |
334,577
+11,115
| +3% | +$112K |
|
|
NBLX
1363
DELISTED
Noble Midstream Partners LP
NBLX
| $3.38M | ﹤0.01% |
101,470
-8,100
| -7% | -$269K |
|
1364
Emergent Biosolutions
EBS
$434M
| $3.37M | ﹤0.01% |
69,796
-16,085
| -19% | -$777K |
|
1365
Avantor
AVTR
$8.39B
| $3.37M | ﹤0.01% |
+176,311
| New | +$3.37M |
|
|
QTS
1366
DELISTED
QTS REALTY TRUST, INC.
QTS
| $3.36M | ﹤0.01% |
72,754
+3,877
| +6% | +$179K |
|
1367
Benchmark Electronics
BHE
$1.41B
| $3.35M | ﹤0.01% |
133,289
-47,294
| -26% | -$1.19M |
|
1368
Acadia Pharmaceuticals
ACAD
$3.98B
| $3.35M | ﹤0.01% |
125,171
+20,571
| +20% | +$550K |
|
|
BBBY
1369
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.35M | ﹤0.01% |
287,853
-32,072
| -10% | -$373K |
|
1370
Otter Tail
OTTR
$3.48B
| $3.34M | ﹤0.01% |
63,210
-2,170
| -3% | -$115K |
|
1371
United Parks & Resorts
PRKS
$2.79B
| $3.34M | ﹤0.01% |
107,672
-17,624
| -14% | -$546K |
|
1372
BlackLine
BL
$3.36B
| $3.34M | ﹤0.01% |
62,352
+1,918
| +3% | +$103K |
|
1373
Knowles
KN
$1.9B
| $3.33M | ﹤0.01% |
181,624
-76,001
| -30% | -$1.39M |
|
|
MTOR
1374
DELISTED
MERITOR, Inc.
MTOR
| $3.31M | ﹤0.01% |
136,675
+1,941
| +1% | +$47.1K |
|
1375
Pilgrim's Pride
PPC
$10.4B
| $3.31M | ﹤0.01% |
130,393
-2,989
| -2% | -$75.9K |
|