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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MANT
1426
DELISTED
Mantech International Corp
MANT
| $4.15M | 0.01% |
65,502
+980
| +2% | +$62K |
|
1427
Groupon
GRPN
$923M
| $4.15M | 0.01% |
54,980
+9,829
| +22% | +$741K |
|
1428
NBT Bancorp
NBTB
$2.27B
| $4.14M | 0.01% |
107,914
-4,616
| -4% | -$177K |
|
1429
Stepan Co
SCL
$1.09B
| $4.14M | 0.01% |
47,564
-5,948
| -11% | -$518K |
|
|
SEP
1430
DELISTED
Spectra Engy Parters Lp
SEP
| $4.12M | 0.01% |
115,333
-36,734
| -24% | -$1.31M |
|
1431
Boston Beer
SAM
$2.36B
| $4.11M | 0.01% |
14,284
+2,002
| +16% | +$576K |
|
1432
Supernus Pharmaceuticals
SUPN
$2.55B
| $4.11M | 0.01% |
81,571
+9,014
| +12% | +$454K |
|
1433
Guess, Inc.
GES
$869M
| $4.1M | 0.01% |
181,590
-25,883
| -12% | -$585K |
|
1434
Forward Air
FWRD
$904M
| $4.1M | 0.01% |
57,149
-5,280
| -8% | -$379K |
|
|
FTR
1435
DELISTED
Frontier Communications Corp.
FTR
| $4.1M | 0.01% |
630,919
+182,741
| +41% | +$1.19M |
|
1436
World Kinect Corp
WKC
$1.41B
| $4.09M | 0.01% |
147,763
-19,203
| -12% | -$532K |
|
|
ELME
1437
Elme Communities
ELME
$1.51B
| $4.09M | 0.01% |
133,381
-7,769
| -6% | -$238K |
|
|
SDRL
1438
DELISTED
Seadrill Limited Common Stock
SDRL
| $4.07M | 0.01% |
164,368
+161,544
| +5,720% | +$4M |
|
1439
Knowles
KN
$1.9B
| $4.07M | 0.01% |
244,633
+24,297
| +11% | +$404K |
|
1440
Lithia Motors
LAD
$8.56B
| $4.06M | 0.01% |
49,711
+5,151
| +12% | +$421K |
|
1441
Pitney Bowes
PBI
$1.96B
| $4.06M | 0.01% |
573,257
+27,068
| +5% | +$192K |
|
1442
Sleep Number
SNBR
$214M
| $4.05M | 0.01% |
110,112
-6,800
| -6% | -$250K |
|
1443
Matsons
MATX
$3.29B
| $4.05M | 0.01% |
102,139
-5,697
| -5% | -$226K |
|
1444
Liberty Latin America Class C
LILAK
$1.53B
| $4.05M | 0.01% |
208,369
-8,666
| -4% | -$168K |
|
1445
STAAR Surgical
STAA
$1.37B
| $4.05M | 0.01% |
84,280
+14,167
| +20% | +$680K |
|
1446
Simmons First National
SFNC
$2.96B
| $4.03M | 0.01% |
136,666
-15,901
| -10% | -$468K |
|
1447
Match Group
MTCH
$9.08B
| $4.02M | 0.01% |
69,488
+14,358
| +26% | +$831K |
|
1448
Power Integrations
POWI
$2.48B
| $4.01M | 0.01% |
126,818
-9,786
| -7% | -$309K |
|
|
VRE
1449
Veris Residential
VRE
$1.49B
| $4.01M | 0.01% |
188,480
-8,802
| -4% | -$187K |
|
|
NS
1450
DELISTED
NuStar Energy L.P.
NS
| $4.01M | 0.01% |
144,143
+12,354
| +9% | +$343K |
|