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 | |
|---|---|---|---|---|---|---|
1401
Towne Bank
TOWN
$2.83B
| $3.15M | ﹤0.01% |
115,384
-13,792
| -11% | -$376K |
|
|
CHK
1402
DELISTED
Chesapeake Energy Corporation
CHK
| $3.15M | ﹤0.01% |
8,072
-3,153
| -28% | -$1.23M |
|
|
ENV
1403
DELISTED
ENVESTNET, INC.
ENV
| $3.15M | ﹤0.01% |
46,027
+7,509
| +19% | +$513K |
|
|
RAVN
1404
DELISTED
Raven Industries Inc
RAVN
| $3.14M | ﹤0.01% |
87,616
-3,099
| -3% | -$111K |
|
1405
CVB Financial
CVBF
$2.77B
| $3.14M | ﹤0.01% |
149,264
+36,853
| +33% | +$775K |
|
1406
PROS Holdings
PRO
$699M
| $3.14M | ﹤0.01% |
49,618
+2,082
| +4% | +$132K |
|
|
CVA
1407
DELISTED
Covanta Holding Corporation
CVA
| $3.14M | ﹤0.01% |
175,272
-25,180
| -13% | -$451K |
|
1408
Premier
PINC
$2.2B
| $3.14M | ﹤0.01% |
80,195
-3,674
| -4% | -$144K |
|
|
MDC
1409
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.13M | ﹤0.01% |
103,031
-8,002
| -7% | -$243K |
|
|
HF
1410
DELISTED
HFF Inc.
HF
| $3.12M | ﹤0.01% |
68,620
-1,238
| -2% | -$56.3K |
|
1411
Simmons First National
SFNC
$2.96B
| $3.12M | ﹤0.01% |
134,024
+12,051
| +10% | +$280K |
|
1412
Badger Meter
BMI
$5.24B
| $3.12M | ﹤0.01% |
52,181
-1,748
| -3% | -$104K |
|
|
ELME
1413
Elme Communities
ELME
$1.51B
| $3.11M | ﹤0.01% |
116,370
| – | – |
|
1414
WSFS Financial
WSFS
$3.13B
| $3.1M | ﹤0.01% |
75,134
-37,951
| -34% | -$1.57M |
|
1415
Agree Realty
ADC
$8.09B
| $3.1M | ﹤0.01% |
48,385
+2,564
| +6% | +$164K |
|
|
FLOW
1416
DELISTED
SPX FLOW, Inc.
FLOW
| $3.1M | ﹤0.01% |
74,013
+3,612
| +5% | +$151K |
|
1417
Albany International
AIN
$1.71B
| $3.09M | ﹤0.01% |
37,307
-46
| -0.1% | -$3.81K |
|
|
RETA
1418
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $3.09M | ﹤0.01% |
32,735
-266
| -0.8% | -$25.1K |
|
1419
Groupon
GRPN
$923M
| $3.08M | ﹤0.01% |
43,049
-6,492
| -13% | -$465K |
|
1420
SPS Commerce
SPSC
$4B
| $3.08M | ﹤0.01% |
60,178
+86
| +0.1% | +$4.39K |
|
1421
Shenandoah Telecom
SHEN
$744M
| $3.07M | ﹤0.01% |
79,800
-4,466
| -5% | -$172K |
|
|
TARO
1422
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.07M | ﹤0.01% |
35,984
-8,932
| -20% | -$763K |
|
1423
QuinStreet
QNST
$930M
| $3.07M | ﹤0.01% |
193,622
-14,400
| -7% | -$228K |
|
1424
Vipshop
VIPS
$8.97B
| $3.07M | ﹤0.01% |
355,121
-20,573
| -5% | -$178K |
|
1425
Travelzoo
TZOO
$105M
| $3.06M | ﹤0.01% |
198,400
| – | – |
|