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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1451
Deluxe
DLX
$882M
| $2.53M | ﹤0.01% |
97,655
-51,446
| -35% | -$1.33M |
|
|
ILPT
1452
Industrial Logistics Properties Trust
ILPT
$416M
| $2.53M | ﹤0.01% |
144,095
-7,700
| -5% | -$135K |
|
|
MNR
1453
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $2.53M | ﹤0.01% |
209,750
-4,600
| -2% | -$55.4K |
|
|
UNIT
1454
Uniti Group
UNIT
$1.67B
| $2.52M | ﹤0.01% |
418,217
-22,300
| -5% | -$134K |
|
1455
Grocery Outlet
GO
$1.64B
| $2.52M | ﹤0.01% |
73,249
-64,978
| -47% | -$2.23M |
|
1456
Dana Inc
DAN
$2.74B
| $2.51M | ﹤0.01% |
321,835
-22,724
| -7% | -$178K |
|
|
PPBI
1457
DELISTED
Pacific Premier Bancorp
PPBI
| $2.51M | ﹤0.01% |
133,275
-57,469
| -30% | -$1.08M |
|
|
AIMC
1458
DELISTED
Altra Industrial Motion Corp.
AIMC
| $2.51M | ﹤0.01% |
143,413
-88,295
| -38% | -$1.54M |
|
1459
Mercury Insurance
MCY
$4.35B
| $2.51M | ﹤0.01% |
61,561
-66,309
| -52% | -$2.7M |
|
1460
Green Dot
GDOT
$756M
| $2.5M | ﹤0.01% |
98,604
-46,015
| -32% | -$1.17M |
|
1461
O-I Glass
OI
$1.96B
| $2.5M | ﹤0.01% |
352,012
+5,453
| +2% | +$38.8K |
|
1462
Kaiser Aluminum
KALU
$1.25B
| $2.5M | ﹤0.01% |
36,063
-27,096
| -43% | -$1.88M |
|
1463
First Interstate BancSystem
FIBK
$3.4B
| $2.48M | ﹤0.01% |
86,048
-97,440
| -53% | -$2.81M |
|
1464
News Corp Class B
NWS
$18.5B
| $2.48M | ﹤0.01% |
275,689
+4,000
| +1% | +$36K |
|
1465
Cinemark Holdings
CNK
$3.28B
| $2.48M | ﹤0.01% |
243,117
+3,600
| +2% | +$36.7K |
|
1466
Helios Technologies
HLIO
$1.8B
| $2.47M | ﹤0.01% |
65,121
-3,100
| -5% | -$118K |
|
1467
HNI Corp
HNI
$2.08B
| $2.47M | ﹤0.01% |
97,998
-22,962
| -19% | -$579K |
|
1468
Cheniere Energy
CQP
$25.1B
| $2.47M | ﹤0.01% |
91,374
-8,400
| -8% | -$227K |
|
|
RPAI
1469
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $2.47M | ﹤0.01% |
477,301
+11,853
| +3% | +$61.3K |
|
|
INVX
1470
Innovex International, Inc.
INVX
$1.14B
| $2.46M | ﹤0.01% |
80,535
-43,900
| -35% | -$1.34M |
|
1471
Glaukos
GKOS
$4.62B
| $2.45M | ﹤0.01% |
79,300
| – | – |
|
1472
Allegiant Air
ALGT
$1.13B
| $2.45M | ﹤0.01% |
29,900
-10,648
| -26% | -$871K |
|
1473
Hilltop Holdings
HTH
$2.14B
| $2.44M | ﹤0.01% |
161,652
-74,471
| -32% | -$1.13M |
|
1474
Artisan Partners
APAM
$3.18B
| $2.44M | ﹤0.01% |
113,502
-71,669
| -39% | -$1.54M |
|
|
NVTA
1475
DELISTED
Invitae Corporation
NVTA
| $2.44M | ﹤0.01% |
178,290
-25,931
| -13% | -$354K |
|