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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1501
RingCentral
RNG
$2.75B
| $3.63M | 0.01% |
230,500
-29,300
| -11% | -$461K |
|
|
NAV
1502
DELISTED
Navistar International
NAV
| $3.62M | 0.01% |
289,000
+73,100
| +34% | +$915K |
|
1503
Pegasystems
PEGA
$9.93B
| $3.61M | 0.01% |
284,600
-29,800
| -9% | -$378K |
|
|
FSP
1504
Franklin Street Properties
FSP
$174M
| $3.6M | 0.01% |
339,093
+10,600
| +3% | +$112K |
|
1505
Knowles
KN
$1.9B
| $3.6M | 0.01% |
273,006
-4,600
| -2% | -$60.6K |
|
1506
United Fire Group
UFCS
$807M
| $3.59M | 0.01% |
81,900
-1,900
| -2% | -$83.3K |
|
1507
Kelly Services Class A
KELYA
$481M
| $3.59M | 0.01% |
187,500
+45,300
| +32% | +$866K |
|
1508
MidCap Financial Investment
MFIC
$1.16B
| $3.58M | 0.01% |
215,200
+17,800
| +9% | +$296K |
|
1509
Skywest
SKYW
$4.35B
| $3.57M | 0.01% |
178,541
-29,200
| -14% | -$584K |
|
|
WEB
1510
DELISTED
Web.com Group, Inc.
WEB
| $3.57M | 0.01% |
180,000
-700
| -0.4% | -$13.9K |
|
1511
Columbia Banking Systems
COLB
$7.8B
| $3.56M | 0.01% |
118,900
-18,300
| -13% | -$547K |
|
|
ARR
1512
Armour Residential REIT
ARR
$1.72B
| $3.55M | 0.01% |
32,995
+2,140
| +7% | +$230K |
|
1513
Huron Consulting
HURN
$2.44B
| $3.54M | 0.01% |
60,900
-1,200
| -2% | -$69.8K |
|
1514
Novavax
NVAX
$1.3B
| $3.54M | 0.01% |
34,275
-6,375
| -16% | -$658K |
|
|
TOWR
1515
DELISTED
Tower International, Inc.
TOWR
| $3.53M | 0.01% |
129,800
+900
| +0.7% | +$24.5K |
|
1516
NETGEAR
NTGR
$831M
| $3.53M | 0.01% |
87,400
+11,900
| +16% | +$480K |
|
|
B
1517
DELISTED
Barnes Group Inc.
B
| $3.53M | 0.01% |
100,700
-1,500
| -1% | -$52.6K |
|
1518
Credit Acceptance
CACC
$5.33B
| $3.52M | 0.01% |
19,400
-3,897
| -17% | -$707K |
|
1519
Nelnet
NNI
$4.46B
| $3.52M | 0.01% |
89,400
+3,000
| +3% | +$118K |
|
1520
Coty
COTY
$3.57B
| $3.52M | 0.01% |
126,300
-60,600
| -32% | -$1.69M |
|
|
EDE
1521
DELISTED
Empire District Electric
EDE
| $3.51M | 0.01% |
106,200
-31,600
| -23% | -$1.04M |
|
1522
AZZ Inc
AZZ
$3.52B
| $3.51M | 0.01% |
62,000
-12,800
| -17% | -$724K |
|
|
ALEX
1523
Alexander & Baldwin
ALEX
$1.34B
| $3.5M | 0.01% |
95,500
-8,000
| -8% | -$293K |
|
|
RSPP
1524
DELISTED
RSP Permian, Inc.
RSPP
| $3.5M | 0.01% |
120,600
-21,800
| -15% | -$633K |
|
|
HPP
1525
Hudson Pacific Properties
HPP
$1.11B
| $3.5M | 0.01% |
121,000
-6,400
| -5% | -$185K |
|