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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AYR
1576
DELISTED
Aircastle Limited
AYR
| $4.19M | ﹤0.01% |
130,788
+11,184
| +9% | +$358K |
|
1577
Global Net Lease
GNL
$1.81B
| $4.17M | ﹤0.01% |
205,840
+49,518
| +32% | +$1M |
|
|
ALEX
1578
Alexander & Baldwin
ALEX
$1.34B
| $4.17M | ﹤0.01% |
199,100
+50,608
| +34% | +$1.06M |
|
1579
Boise Cascade
BCC
$3.2B
| $4.16M | ﹤0.01% |
113,827
+40,919
| +56% | +$1.49M |
|
|
LTC
1580
LTC Properties
LTC
$1.67B
| $4.15M | ﹤0.01% |
92,742
+8,624
| +10% | +$386K |
|
1581
O-I Glass
OI
$1.99B
| $4.13M | ﹤0.01% |
346,559
+43,373
| +14% | +$517K |
|
1582
Mueller Water Products
MWA
$3.91B
| $4.12M | ﹤0.01% |
343,957
+39,474
| +13% | +$473K |
|
1583
NBT Bancorp
NBTB
$2.27B
| $4.11M | ﹤0.01% |
101,347
-12,808
| -11% | -$520K |
|
|
EBSB
1584
DELISTED
Meridian Bancorp, Inc.
EBSB
| $4.09M | ﹤0.01% |
203,648
+104,371
| +105% | +$2.1M |
|
1585
Adient
ADNT
$1.95B
| $4.08M | ﹤0.01% |
192,204
+29,765
| +18% | +$632K |
|
1586
Gogo Inc
GOGO
$1.31B
| $4.08M | ﹤0.01% |
637,934
+548,364
| +612% | +$3.51M |
|
1587
Range Resources
RRC
$8.41B
| $4.08M | ﹤0.01% |
841,181
+449,559
| +115% | +$2.18M |
|
|
KAMN
1588
DELISTED
Kaman Corp
KAMN
| $4.07M | ﹤0.01% |
61,764
-4,247
| -6% | -$280K |
|
|
ENLC
1589
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $4.06M | ﹤0.01% |
661,790
+24,104
| +4% | +$148K |
|
|
SAIL
1590
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $4.06M | ﹤0.01% |
171,900
+13,131
| +8% | +$310K |
|
1591
Silicon Motion
SIMO
$3.02B
| $4.05M | ﹤0.01% |
79,928
+12,814
| +19% | +$650K |
|
1592
BGC Group
BGC
$4.82B
| $4.03M | ﹤0.01% |
678,649
+58,898
| +10% | +$350K |
|
1593
Antero Midstream
AM
$8.91B
| $4.02M | ﹤0.01% |
530,206
+59,900
| +13% | +$455K |
|
1594
Onto Innovation
ONTO
$5.44B
| $4.01M | ﹤0.01% |
109,653
+63,475
| +137% | +$2.32M |
|
|
ATSG
1595
DELISTED
Air Transport Services Group, Inc.
ATSG
| $4M | ﹤0.01% |
170,477
+33,248
| +24% | +$780K |
|
1596
Shake Shack
SHAK
$4.06B
| $3.99M | ﹤0.01% |
66,922
+1,167
| +2% | +$69.5K |
|
|
PTLA
1597
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.98M | ﹤0.01% |
166,806
+40,134
| +32% | +$958K |
|
1598
Commault Systems
CVLT
$7.82B
| $3.98M | ﹤0.01% |
89,052
+12,058
| +16% | +$538K |
|
1599
Cheniere Energy
CQP
$25.2B
| $3.97M | ﹤0.01% |
99,774
-33,448
| -25% | -$1.33M |
|
|
FBC
1600
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $3.97M | ﹤0.01% |
103,726
+50,892
| +96% | +$1.95M |
|