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 | |
|---|---|---|---|---|---|---|
1601
AppFolio
APPF
$9.9B
| $2.36M | ﹤0.01% |
23,073
+3,174
| +16% | +$325K |
|
1602
Zoom
ZM
$25.1B
| $2.36M | ﹤0.01% |
+26,573
| New | +$2.36M |
|
1603
Calavo Growers
CVGW
$489M
| $2.35M | ﹤0.01% |
24,334
-1,418
| -6% | -$137K |
|
|
ARQL
1604
DELISTED
Arqule Inc
ARQL
| $2.35M | ﹤0.01% |
213,454
-22,562
| -10% | -$248K |
|
1605
iShares Russell 2000 ETF
IWM
$66.9B
| $2.35M | ﹤0.01% |
15,083
-854
| -5% | -$133K |
|
1606
Meritage Homes
MTH
$5.61B
| $2.34M | ﹤0.01% |
91,158
-33,264
| -27% | -$854K |
|
|
GCP
1607
DELISTED
GCP Applied Technologies Inc.
GCP
| $2.34M | ﹤0.01% |
103,355
-2,100
| -2% | -$47.5K |
|
1608
Ultra Clean Holdings
UCTT
$1.14B
| $2.34M | ﹤0.01% |
168,002
-3,698
| -2% | -$51.5K |
|
1609
Interparfums
IPAR
$3.43B
| $2.32M | ﹤0.01% |
34,959
-2,298
| -6% | -$153K |
|
1610
Sleep Number
SNBR
$214M
| $2.32M | ﹤0.01% |
57,549
-40,940
| -42% | -$1.65M |
|
|
AYR
1611
DELISTED
Aircastle Limited
AYR
| $2.32M | ﹤0.01% |
109,260
-6,200
| -5% | -$132K |
|
1612
Innospec
IOSP
$2.05B
| $2.31M | ﹤0.01% |
25,329
+308
| +1% | +$28.1K |
|
|
PHX
1613
DELISTED
PHX Minerals
PHX
| $2.31M | ﹤0.01% |
177,201
| – | – |
|
1614
BGC Group
BGC
$4.82B
| $2.31M | ﹤0.01% |
441,589
-189,185
| -30% | -$990K |
|
1615
Matthews International
MATW
$763M
| $2.31M | ﹤0.01% |
66,243
-9,697
| -13% | -$338K |
|
1616
Scholastic
SCHL
$691M
| $2.31M | ﹤0.01% |
69,429
-19,200
| -22% | -$638K |
|
|
CLCT
1617
DELISTED
Collectors Universe
CLCT
| $2.31M | ﹤0.01% |
108,000
| – | – |
|
|
ZGNX
1618
DELISTED
Zogenix, Inc.
ZGNX
| $2.3M | ﹤0.01% |
48,172
+2,297
| +5% | +$110K |
|
1619
CarGurus
CARG
$3.58B
| $2.3M | ﹤0.01% |
63,622
+17,715
| +39% | +$640K |
|
|
CBPX
1620
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $2.3M | ﹤0.01% |
86,363
+639
| +0.7% | +$17K |
|
1621
Columbus McKinnon
CMCO
$415M
| $2.29M | ﹤0.01% |
54,660
-290
| -0.5% | -$12.2K |
|
1622
Cars.com
CARS
$829M
| $2.29M | ﹤0.01% |
115,930
-4,900
| -4% | -$96.6K |
|
1623
Dave & Buster's
PLAY
$817M
| $2.29M | ﹤0.01% |
56,476
+229
| +0.4% | +$9.27K |
|
1624
Park National Corp
PRK
$2.72B
| $2.29M | ﹤0.01% |
23,001
-7,574
| -25% | -$753K |
|
1625
Mueller Water Products
MWA
$3.91B
| $2.29M | ﹤0.01% |
232,677
-60,709
| -21% | -$596K |
|