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 | |
|---|---|---|---|---|---|---|
1476
Shake Shack
SHAK
$4.07B
| $2.44M | ﹤0.01% |
64,522
-2,400
| -4% | -$90.6K |
|
|
PRNB
1477
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $2.44M | ﹤0.01% |
41,011
+14,500
| +55% | +$861K |
|
1478
Asbury Automotive
ABG
$4.77B
| $2.43M | ﹤0.01% |
44,057
-6,998
| -14% | -$386K |
|
1479
Essential Properties Realty Trust
EPRT
$5.93B
| $2.43M | ﹤0.01% |
185,795
-78,463
| -30% | -$1.02M |
|
|
TWOU
1480
DELISTED
2U, Inc.
TWOU
| $2.42M | ﹤0.01% |
3,807
-116
| -3% | -$73.8K |
|
1481
CrowdStrike
CRWD
$112B
| $2.42M | ﹤0.01% |
43,500
-2,189
| -5% | -$122K |
|
1482
Knowles
KN
$1.91B
| $2.42M | ﹤0.01% |
181,004
-22,300
| -11% | -$298K |
|
1483
Bandwidth Inc
BAND
$511M
| $2.41M | ﹤0.01% |
35,776
-1,700
| -5% | -$114K |
|
|
KAMN
1484
DELISTED
Kaman Corp
KAMN
| $2.41M | ﹤0.01% |
62,564
+800
| +1% | +$30.8K |
|
1485
CBIZ
CBZ
$2.93B
| $2.41M | ﹤0.01% |
115,006
-115,008
| -50% | -$2.41M |
|
|
ATSG
1486
DELISTED
Air Transport Services Group, Inc.
ATSG
| $2.4M | ﹤0.01% |
131,064
-39,413
| -23% | -$721K |
|
1487
Central Garden & Pet Class A
CENTA
$2.02B
| $2.4M | ﹤0.01% |
117,089
-10,500
| -8% | -$215K |
|
1488
Schneider National
SNDR
$4.19B
| $2.4M | ﹤0.01% |
123,814
-4,200
| -3% | -$81.2K |
|
1489
Axos Financial
AX
$5.1B
| $2.39M | ﹤0.01% |
132,020
-33,012
| -20% | -$599K |
|
|
X
1490
DELISTED
US Steel
X
| $2.39M | ﹤0.01% |
379,415
-23,900
| -6% | -$151K |
|
|
HTLF
1491
DELISTED
Heartland Financial USA, Inc.
HTLF
| $2.39M | ﹤0.01% |
79,176
-30,131
| -28% | -$910K |
|
1492
James River Group
JRVR
$242M
| $2.39M | ﹤0.01% |
65,939
-3,300
| -5% | -$120K |
|
1493
Peloton Interactive
PTON
$3.34B
| $2.38M | ﹤0.01% |
89,797
+18,600
| +26% | +$494K |
|
1494
Brookfield Infrastructure
BIPC
$4.82B
| $2.38M | ﹤0.01% |
+109,856
| New | +$2.38M |
|
1495
ATI
ATI
$10.7B
| $2.38M | ﹤0.01% |
280,131
+4,000
| +1% | +$34K |
|
1496
Acadia Realty Trust
AKR
$2.65B
| $2.38M | ﹤0.01% |
192,128
-82,223
| -30% | -$1.02M |
|
|
SYKE
1497
DELISTED
SYKES Enterprises Inc
SYKE
| $2.37M | ﹤0.01% |
87,544
-41,888
| -32% | -$1.14M |
|
1498
S&T Bancorp
STBA
$1.48B
| $2.36M | ﹤0.01% |
86,448
+1,900
| +2% | +$51.9K |
|
1499
DiamondRock Hospitality
DRH
$1.68B
| $2.36M | ﹤0.01% |
464,759
+19,500
| +4% | +$99.1K |
|
1500
Brookfield
BN
$104B
| $2.36M | ﹤0.01% |
99,536
-49,889
| -33% | -$1.18M |
|