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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HOLI
1501
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $3.01M | ﹤0.01% |
143,656
+9,538
| +7% | +$200K |
|
1502
Badger Meter
BMI
$5.24B
| $3M | ﹤0.01% |
53,929
+698
| +1% | +$38.8K |
|
1503
Liberty Media Series A
FWONA
$22.5B
| $2.99M | ﹤0.01% |
91,835
-2,611
| -3% | -$85.1K |
|
|
MDC
1504
DELISTED
M.D.C. Holdings, Inc.
MDC
| $2.99M | ﹤0.01% |
111,033
-26,710
| -19% | -$719K |
|
|
AAT
1505
American Assets Trust
AAT
$1.27B
| $2.99M | ﹤0.01% |
65,125
+12,410
| +24% | +$569K |
|
1506
Simmons First National
SFNC
$2.96B
| $2.99M | ﹤0.01% |
121,973
-5,894
| -5% | -$144K |
|
1507
Horace Mann Educators
HMN
$1.94B
| $2.98M | ﹤0.01% |
84,693
-31,628
| -27% | -$1.11M |
|
1508
Pilgrim's Pride
PPC
$10.4B
| $2.97M | ﹤0.01% |
133,382
-6,472
| -5% | -$144K |
|
|
ANAT
1509
DELISTED
American National Group, Inc. Common Stock
ANAT
| $2.96M | ﹤0.01% |
24,515
-1,454
| -6% | -$176K |
|
1510
CNA Financial
CNA
$12.9B
| $2.96M | ﹤0.01% |
68,312
-10,257
| -13% | -$445K |
|
1511
Kforce
KFRC
$567M
| $2.96M | ﹤0.01% |
84,290
-3,742
| -4% | -$131K |
|
1512
Terreno Realty
TRNO
$6.05B
| $2.96M | ﹤0.01% |
70,288
+8,697
| +14% | +$366K |
|
1513
BioXcel Therapeutics
BTAI
$49.8M
| $2.95M | ﹤0.01% |
18,650
| – | – |
|
1514
Granite Construction
GVA
$4.7B
| $2.95M | ﹤0.01% |
68,295
-31,328
| -31% | -$1.35M |
|
1515
Mueller Water Products
MWA
$3.91B
| $2.95M | ﹤0.01% |
293,386
-19,764
| -6% | -$198K |
|
1516
Varonis Systems
VRNS
$6.3B
| $2.95M | ﹤0.01% |
148,140
-31,338
| -17% | -$623K |
|
1517
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$30.8B
| $2.94M | ﹤0.01% |
24,688
+2,808
| +13% | +$334K |
|
|
LTC
1518
LTC Properties
LTC
$1.67B
| $2.93M | ﹤0.01% |
64,003
+6,701
| +12% | +$307K |
|
1519
Fossil Group
FOSL
$168M
| $2.93M | ﹤0.01% |
213,312
-34,462
| -14% | -$473K |
|
1520
Guess, Inc.
GES
$869M
| $2.93M | ﹤0.01% |
149,322
-20,217
| -12% | -$396K |
|
1521
United Fire Group
UFCS
$807M
| $2.93M | ﹤0.01% |
66,935
+1,875
| +3% | +$82K |
|
1522
Spectrum Brands
SPB
$1.29B
| $2.92M | ﹤0.01% |
53,356
-800
| -1% | -$43.8K |
|
|
BBT
1523
Beacon Financial Corporation
BBT
$2.17B
| $2.91M | ﹤0.01% |
106,901
-16,664
| -13% | -$454K |
|
1524
Floor & Decor
FND
$9.55B
| $2.91M | ﹤0.01% |
70,600
-1,200
| -2% | -$49.5K |
|
1525
LivePerson
LPSN
$86M
| $2.91M | ﹤0.01% |
100,088
-1,200
| -1% | -$34.8K |
|