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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1376
SITE Centers
SITC
$463M
| $3.61M | ﹤0.01% |
339,439
-96,823
| -22% | -$1.03M |
|
|
LEXEA
1377
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $3.61M | ﹤0.01% |
84,261
-1,200
| -1% | -$51.4K |
|
|
KAMN
1378
DELISTED
Kaman Corp
KAMN
| $3.6M | ﹤0.01% |
61,517
-7,217
| -10% | -$422K |
|
|
WDR
1379
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.59M | ﹤0.01% |
207,710
-67,973
| -25% | -$1.18M |
|
|
AY
1380
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.58M | ﹤0.01% |
184,176
-8,228
| -4% | -$160K |
|
1381
First Merchants
FRME
$2.31B
| $3.58M | ﹤0.01% |
97,223
-1,300
| -1% | -$47.9K |
|
1382
Liberty Broadband Class A
LBRDA
$8.65B
| $3.58M | ﹤0.01% |
39,088
-4,392
| -10% | -$402K |
|
1383
California Water Service
CWT
$2.76B
| $3.57M | ﹤0.01% |
65,685
+8,075
| +14% | +$438K |
|
1384
Invesco Mortgage Capital
IVR
$502M
| $3.56M | ﹤0.01% |
22,520
-3,238
| -13% | -$512K |
|
1385
Cimpress
CMPR
$1.4B
| $3.55M | ﹤0.01% |
44,285
-3,609
| -8% | -$289K |
|
1386
Zillow
Z
$21.3B
| $3.55M | ﹤0.01% |
102,166
-2,434
| -2% | -$84.6K |
|
1387
Diodes
DIOD
$2.44B
| $3.54M | ﹤0.01% |
101,895
-5,795
| -5% | -$201K |
|
|
BRKL
1388
DELISTED
Brookline Bancorp
BRKL
| $3.53M | ﹤0.01% |
244,844
+13,441
| +6% | +$194K |
|
|
PVTL
1389
DELISTED
Pivotal Software, Inc.
PVTL
| $3.53M | ﹤0.01% |
169,123
-3,000
| -2% | -$62.5K |
|
1390
Scholastic
SCHL
$691M
| $3.52M | ﹤0.01% |
88,629
-5,354
| -6% | -$213K |
|
|
KEM
1391
DELISTED
KEMET Corporation
KEM
| $3.52M | ﹤0.01% |
207,519
-43,537
| -17% | -$739K |
|
|
HTZ
1392
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $3.52M | ﹤0.01% |
233,322
-62,810
| -21% | -$948K |
|
1393
MBIA
MBI
$393M
| $3.52M | ﹤0.01% |
369,489
-42,010
| -10% | -$400K |
|
1394
Groupon
GRPN
$923M
| $3.52M | ﹤0.01% |
49,541
-4,016
| -7% | -$285K |
|
|
NS
1395
DELISTED
NuStar Energy L.P.
NS
| $3.52M | ﹤0.01% |
130,743
-1,900
| -1% | -$51.1K |
|
1396
Tanger
SKT
$3.86B
| $3.51M | ﹤0.01% |
167,336
-2,855
| -2% | -$59.9K |
|
1397
Steelcase
SCS
$1.93B
| $3.5M | ﹤0.01% |
240,859
+6,654
| +3% | +$96.8K |
|
1398
Adeia
ADEA
$1.71B
| $3.5M | ﹤0.01% |
565,004
+73,309
| +15% | +$454K |
|
1399
Signet Jewelers
SIG
$3.73B
| $3.48M | ﹤0.01% |
128,202
-15,167
| -11% | -$412K |
|
1400
iRobot
IRBT
$107M
| $3.48M | ﹤0.01% |
29,577
-644
| -2% | -$75.8K |
|