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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Hilltop Holdings
HTH
$2.18B
| $5.89M | 0.01% |
236,123
+28,998
| +14% | +$723K |
|
1352
Agree Realty
ADC
$8.09B
| $5.87M | 0.01% |
83,670
+1,124
| +1% | +$78.9K |
|
|
EE
1353
DELISTED
El Paso Electric Company
EE
| $5.87M | 0.01% |
86,466
+7,955
| +10% | +$540K |
|
1354
Belden
BDC
$5.21B
| $5.85M | 0.01% |
106,294
+16,084
| +18% | +$885K |
|
1355
Karyopharm Therapeutics
KPTI
$55.9M
| $5.85M | 0.01% |
20,329
+8,229
| +68% | +$2.37M |
|
1356
First Financial Bancorp
FFBC
$2.46B
| $5.84M | 0.01% |
229,675
+20,977
| +10% | +$534K |
|
|
INVX
1357
Innovex International, Inc.
INVX
$1.14B
| $5.84M | 0.01% |
124,435
-18,252
| -13% | -$856K |
|
1358
Fluor
FLR
$6.63B
| $5.83M | 0.01% |
308,510
+7,151
| +2% | +$135K |
|
1359
Enphase Energy
ENPH
$4.92B
| $5.82M | 0.01% |
222,783
-65,376
| -23% | -$1.71M |
|
1360
Element Solutions
ESI
$6.36B
| $5.81M | 0.01% |
497,257
+76,389
| +18% | +$892K |
|
1361
Pathward Financial
CASH
$1.72B
| $5.78M | 0.01% |
158,311
+82,904
| +110% | +$3.03M |
|
|
CHX
1362
DELISTED
ChampionX
CHX
| $5.75M | 0.01% |
170,234
+26,261
| +18% | +$887K |
|
1363
Kratos Defense & Security Solutions
KTOS
$11.7B
| $5.74M | 0.01% |
318,681
-49,978
| -14% | -$900K |
|
1364
Brinker International
EAT
$6.84B
| $5.74M | 0.01% |
136,559
-3,750
| -3% | -$157K |
|
1365
Cannae Holdings
CNNE
$1.11B
| $5.73M | 0.01% |
154,151
-27,985
| -15% | -$1.04M |
|
1366
Asbury Automotive
ABG
$4.8B
| $5.71M | 0.01% |
51,055
-4,542
| -8% | -$508K |
|
1367
ATI
ATI
$10.5B
| $5.71M | 0.01% |
276,131
+43,055
| +18% | +$890K |
|
1368
Scorpio Tankers
STNG
$2.99B
| $5.7M | 0.01% |
145,000
+53,896
| +59% | +$2.12M |
|
1369
Agios Pharmaceuticals
AGIO
$2.14B
| $5.7M | 0.01% |
119,307
+32,907
| +38% | +$1.57M |
|
|
CPE
1370
DELISTED
Callon Petroleum Company
CPE
| $5.68M | 0.01% |
117,640
+63,686
| +118% | +$3.08M |
|
1371
Quaker Houghton
KWR
$2.46B
| $5.66M | 0.01% |
34,398
-2,439
| -7% | -$401K |
|
|
PMT
1372
PennyMac Mortgage Investment
PMT
$1.07B
| $5.66M | 0.01% |
253,873
+57,228
| +29% | +$1.28M |
|
|
SHLX
1373
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $5.66M | 0.01% |
279,888
+46,700
| +20% | +$944K |
|
1374
Boyd Gaming
BYD
$6.79B
| $5.63M | 0.01% |
188,088
+21,500
| +13% | +$644K |
|
1375
Box
BOX
$4.7B
| $5.63M | 0.01% |
335,322
+30,700
| +10% | +$515K |
|