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
|
+$203M |
| 2 |
PepsiCo
PEP
|
+$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$113M |
| 4 |
Newmont
NEM
|
+$111M |
| 5 |
McDonald's
MCD
|
+$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$512M |
| 2 |
Apple
AAPL
|
+$248M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
JPMorgan Chase
JPM
|
+$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
OPI
1526
Office Properties Income Trust
OPI
$40.8M
| $2.66M | ﹤0.01% |
101,275
-10,175
| -9% | -$267K |
|
1527
Conduent
CNDT
$445M
| $2.65M | ﹤0.01% |
276,606
-46,350
| -14% | -$445K |
|
1528
TriNet
TNET
$3.35B
| $2.65M | ﹤0.01% |
39,074
+5,244
| +16% | +$356K |
|
|
CADE
1529
DELISTED
Cadence Bancorporation
CADE
| $2.65M | ﹤0.01% |
127,318
+8,190
| +7% | +$170K |
|
1530
Genworth Financial
GNW
$3.61B
| $2.64M | ﹤0.01% |
712,149
-258,591
| -27% | -$959K |
|
|
LTC
1531
LTC Properties
LTC
$1.67B
| $2.64M | ﹤0.01% |
57,799
-6,204
| -10% | -$283K |
|
1532
CNX Resources
CNX
$4.25B
| $2.64M | ﹤0.01% |
360,924
-75,593
| -17% | -$553K |
|
|
RDUS
1533
DELISTED
Radius Health, Inc.
RDUS
| $2.64M | ﹤0.01% |
108,303
+2,403
| +2% | +$58.5K |
|
|
AVX
1534
DELISTED
AVX Corporation
AVX
| $2.62M | ﹤0.01% |
157,955
-42,124
| -21% | -$699K |
|
1535
Banner Corp
BANR
$2.29B
| $2.62M | ﹤0.01% |
48,386
+7,794
| +19% | +$422K |
|
1536
Dine Brands
DIN
$368M
| $2.62M | ﹤0.01% |
27,443
-7,988
| -23% | -$763K |
|
|
ISCA
1537
DELISTED
International Speedway Corp
ISCA
| $2.62M | ﹤0.01% |
58,306
-7,719
| -12% | -$346K |
|
1538
NeoGenomics
NEO
$1.03B
| $2.61M | ﹤0.01% |
119,043
-11,404
| -9% | -$250K |
|
1539
Workiva
WK
$4.34B
| $2.61M | ﹤0.01% |
44,938
+11,264
| +33% | +$654K |
|
1540
Prestige Consumer Healthcare
PBH
$3.11B
| $2.6M | ﹤0.01% |
82,189
-917
| -1% | -$29.1K |
|
1541
Rapid7
RPD
$1.27B
| $2.6M | ﹤0.01% |
45,029
+23,229
| +107% | +$1.34M |
|
|
SAFE
1542
Safehold
SAFE
$1.18B
| $2.6M | ﹤0.01% |
43,002
-9,808
| -19% | -$593K |
|
1543
Strategy Inc Common Stock Class A
MSTR
$94B
| $2.59M | ﹤0.01% |
180,500
-45,360
| -20% | -$650K |
|
1544
Dycom Industries
DY
$7.47B
| $2.59M | ﹤0.01% |
43,924
-900
| -2% | -$53K |
|
1545
Westlake Chemical Partners
WLKP
$763M
| $2.58M | ﹤0.01% |
105,082
-3,979
| -4% | -$97.8K |
|
1546
Paysign
PAYS
$301M
| $2.58M | ﹤0.01% |
192,847
+40,347
| +26% | +$539K |
|
|
ANAT
1547
DELISTED
American National Group, Inc. Common Stock
ANAT
| $2.57M | ﹤0.01% |
22,074
-2,441
| -10% | -$284K |
|
1548
Compass Minerals
CMP
$753M
| $2.57M | ﹤0.01% |
46,728
-1,362
| -3% | -$74.9K |
|
|
ODT
1549
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $2.57M | ﹤0.01% |
70,000
| – | – |
|
|
XLRN
1550
DELISTED
Acceleron Pharma Inc.
XLRN
| $2.56M | ﹤0.01% |
62,262
+648
| +1% | +$26.6K |
|