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 | |
|---|---|---|---|---|---|---|
1501
Taylor Morrison
TMHC
$6.88B
| $3.66M | ﹤0.01% |
202,672
+7,614
| +4% | +$137K |
|
1502
City Holding Co
CHCO
$1.83B
| $3.65M | ﹤0.01% |
47,477
-4,813
| -9% | -$370K |
|
1503
Vipshop
VIPS
$8.97B
| $3.65M | ﹤0.01% |
584,357
-91,597
| -14% | -$572K |
|
1504
Fox Factory Holding Corp
FOXF
$1.14B
| $3.64M | ﹤0.01% |
51,984
-1,136
| -2% | -$79.6K |
|
|
CEQP
1505
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.63M | ﹤0.01% |
98,661
+8,144
| +9% | +$299K |
|
1506
FIVE9
FIVN
$2B
| $3.62M | ﹤0.01% |
82,930
+12,950
| +19% | +$566K |
|
|
PRFT
1507
DELISTED
Perficient Inc
PRFT
| $3.62M | ﹤0.01% |
135,702
-1,578
| -1% | -$42K |
|
1508
Moelis & Co
MC
$5.54B
| $3.61M | ﹤0.01% |
65,884
+11,097
| +20% | +$608K |
|
|
SYNT
1509
DELISTED
Syntel Inc
SYNT
| $3.59M | ﹤0.01% |
87,707
+9,649
| +12% | +$395K |
|
1510
Allegiant Air
ALGT
$1.19B
| $3.58M | ﹤0.01% |
28,267
+2,624
| +10% | +$333K |
|
1511
Snap
SNAP
$12.4B
| $3.58M | ﹤0.01% |
422,700
-28,500
| -6% | -$242K |
|
1512
Carlyle Group
CG
$24.1B
| $3.57M | ﹤0.01% |
158,249
-16,974
| -10% | -$383K |
|
|
BMCH
1513
DELISTED
BMC Stock Holdings, Inc
BMCH
| $3.57M | ﹤0.01% |
191,304
-13,676
| -7% | -$255K |
|
|
AAWW
1514
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.56M | ﹤0.01% |
55,836
+500
| +0.9% | +$31.9K |
|
1515
Genesis Energy
GEL
$2.03B
| $3.56M | ﹤0.01% |
149,519
-12,519
| -8% | -$298K |
|
|
SUM
1516
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.56M | ﹤0.01% |
198,887
-6,485
| -3% | -$116K |
|
1517
iShares TIPS Bond ETF
TIP
$14B
| $3.55M | ﹤0.01% |
32,076
-46,148
| -59% | -$5.1M |
|
|
SONC
1518
DELISTED
Sonic Corp
SONC
| $3.55M | ﹤0.01% |
81,841
-3,125
| -4% | -$135K |
|
|
LGF.B
1519
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $3.54M | ﹤0.01% |
152,100
-21,198
| -12% | -$494K |
|
|
BPFH
1520
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $3.54M | ﹤0.01% |
259,437
-5,377
| -2% | -$73.4K |
|
1521
Enova International
ENVA
$2.88B
| $3.53M | ﹤0.01% |
122,671
+13,090
| +12% | +$377K |
|
1522
Meritage Homes
MTH
$5.61B
| $3.52M | ﹤0.01% |
176,580
-7,116
| -4% | -$142K |
|
1523
TopBuild
BLD
$11.7B
| $3.52M | ﹤0.01% |
61,987
-2,690
| -4% | -$153K |
|
|
NAV
1524
DELISTED
Navistar International
NAV
| $3.52M | ﹤0.01% |
91,460
-6,449
| -7% | -$248K |
|
1525
Stride
LRN
$6.91B
| $3.51M | ﹤0.01% |
198,329
-9,926
| -5% | -$176K |
|