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 | |
|---|---|---|---|---|---|---|
|
XHR
1376
Xenia Hotels & Resorts
XHR
$1.41B
| $3.31M | ﹤0.01% |
158,576
-57,664
| -27% | -$1.2M |
|
|
BRKL
1377
DELISTED
Brookline Bancorp
BRKL
| $3.31M | ﹤0.01% |
214,919
-29,925
| -12% | -$460K |
|
1378
CSP Inc
CSPI
$110M
| $3.3M | ﹤0.01% |
432,906
| – | – |
|
1379
Four Corners Property Trust
FCPT
$2.66B
| $3.3M | ﹤0.01% |
120,731
+10,870
| +10% | +$297K |
|
1380
Builders FirstSource
BLDR
$15.8B
| $3.3M | ﹤0.01% |
195,522
-86,734
| -31% | -$1.46M |
|
|
CEQP
1381
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.27M | ﹤0.01% |
91,469
+608
| +0.7% | +$21.7K |
|
|
ARI
1382
Apollo Commercial Real Estate
ARI
$1.51B
| $3.27M | ﹤0.01% |
177,813
+47,229
| +36% | +$869K |
|
1383
BioXcel Therapeutics
BTAI
$49.8M
| $3.27M | ﹤0.01% |
18,650
| – | – |
|
1384
Ligand Pharmaceuticals
LGND
$3.23B
| $3.27M | ﹤0.01% |
45,862
-2,310
| -5% | -$165K |
|
1385
WesBanco
WSBC
$3.03B
| $3.26M | ﹤0.01% |
84,669
+6,179
| +8% | +$238K |
|
1386
Carlyle Group
CG
$24.1B
| $3.26M | ﹤0.01% |
144,211
-7,690
| -5% | -$174K |
|
1387
Radware
RDWR
$1.1B
| $3.26M | ﹤0.01% |
131,736
-42,292
| -24% | -$1.05M |
|
|
CSFL
1388
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $3.25M | ﹤0.01% |
141,307
+33,718
| +31% | +$776K |
|
1389
DHT Holdings
DHT
$1.98B
| $3.25M | ﹤0.01% |
549,358
-43,000
| -7% | -$254K |
|
1390
Amkor Technology
AMKR
$6.29B
| $3.24M | ﹤0.01% |
434,814
-96,890
| -18% | -$723K |
|
1391
Moelis & Co
MC
$5.54B
| $3.24M | ﹤0.01% |
92,752
-4,976
| -5% | -$174K |
|
1392
Invesco Mortgage Capital
IVR
$502M
| $3.22M | ﹤0.01% |
19,995
-2,525
| -11% | -$407K |
|
|
MBT
1393
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $3.22M | ﹤0.01% |
345,310
-63,166
| -15% | -$588K |
|
1394
Saia
SAIA
$8.33B
| $3.2M | ﹤0.01% |
49,409
-3,589
| -7% | -$232K |
|
1395
Upbound Group
UPBD
$1.45B
| $3.18M | ﹤0.01% |
119,428
+7,335
| +7% | +$195K |
|
1396
California Water Service
CWT
$2.76B
| $3.17M | ﹤0.01% |
62,658
-3,027
| -5% | -$153K |
|
1397
Oceaneering
OII
$2.43B
| $3.17M | ﹤0.01% |
155,581
-50,649
| -25% | -$1.03M |
|
|
ATRI
1398
DELISTED
Atrion Corp
ATRI
| $3.16M | ﹤0.01% |
3,705
+459
| +14% | +$391K |
|
1399
Box
BOX
$4.7B
| $3.16M | ﹤0.01% |
179,273
-31,815
| -15% | -$560K |
|
1400
Arcosa
ACA
$4.67B
| $3.15M | ﹤0.01% |
83,680
-5,709
| -6% | -$215K |
|