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 | |
|---|---|---|---|---|---|---|
1626
LCI Industries
LCII
$2.43B
| $2.51M | ﹤0.01% |
32,728
+512
| +2% | +$39.3K |
|
1627
iQIYI
IQ
$2.51B
| $2.5M | ﹤0.01% |
104,519
-39,654
| -28% | -$948K |
|
1628
E.W. Scripps
SSP
$257M
| $2.5M | ﹤0.01% |
119,017
-5,066
| -4% | -$106K |
|
|
LADR
1629
Ladder Capital
LADR
$1.48B
| $2.5M | ﹤0.01% |
146,738
-26,415
| -15% | -$449K |
|
|
NE
1630
DELISTED
Noble Corporation
NE
| $2.5M | ﹤0.01% |
870,140
-129,931
| -13% | -$373K |
|
1631
AZZ Inc
AZZ
$3.52B
| $2.49M | ﹤0.01% |
60,799
-120
| -0.2% | -$4.91K |
|
1632
Acadia Realty Trust
AKR
$2.64B
| $2.49M | ﹤0.01% |
91,163
-1,200
| -1% | -$32.7K |
|
1633
Prestige Consumer Healthcare
PBH
$3.11B
| $2.49M | ﹤0.01% |
83,106
-8,398
| -9% | -$251K |
|
1634
Stitch Fix
SFIX
$714M
| $2.48M | ﹤0.01% |
87,981
+537
| +0.6% | +$15.2K |
|
1635
OSI Systems
OSIS
$3.95B
| $2.48M | ﹤0.01% |
28,308
-5,397
| -16% | -$473K |
|
1636
Westlake Chemical Partners
WLKP
$763M
| $2.48M | ﹤0.01% |
109,061
| – | – |
|
|
LTHM
1637
DELISTED
Livent Corporation
LTHM
| $2.47M | ﹤0.01% |
+201,462
| New | +$2.47M |
|
1638
Frontdoor
FTDR
$4.83B
| $2.47M | ﹤0.01% |
71,821
-900
| -1% | -$31K |
|
|
MNTA
1639
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $2.47M | ﹤0.01% |
170,046
+44,800
| +36% | +$651K |
|
1640
Chesapeake Utilities
CPK
$2.95B
| $2.47M | ﹤0.01% |
27,076
+129
| +0.5% | +$11.8K |
|
|
MINI
1641
DELISTED
Mobile Mini Inc
MINI
| $2.47M | ﹤0.01% |
72,729
-1,000
| -1% | -$33.9K |
|
1642
Rambus
RMBS
$9.26B
| $2.47M | ﹤0.01% |
236,117
-10,465
| -4% | -$109K |
|
1643
STAAR Surgical
STAA
$1.37B
| $2.46M | ﹤0.01% |
72,081
-8,341
| -10% | -$285K |
|
1644
ServisFirst Bancshares
SFBS
$4.57B
| $2.46M | ﹤0.01% |
72,890
-5,144
| -7% | -$174K |
|
|
INFN
1645
DELISTED
Infinera Corporation Common Stock
INFN
| $2.45M | ﹤0.01% |
563,655
-14,500
| -3% | -$62.9K |
|
1646
iShares Russell 2000 ETF
IWM
$66.9B
| $2.44M | ﹤0.01% |
15,937
+510
| +3% | +$78.1K |
|
1647
Arbor Realty Trust
ABR
$2.25B
| $2.43M | ﹤0.01% |
187,243
+11,558
| +7% | +$150K |
|
1648
Nabors Industries
NBR
$617M
| $2.42M | ﹤0.01% |
14,075
-2,102
| -13% | -$362K |
|
1649
First Financial Bancorp
FFBC
$2.46B
| $2.42M | ﹤0.01% |
100,586
-4,853
| -5% | -$117K |
|
|
ROIC
1650
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.42M | ﹤0.01% |
139,543
-118
| -0.1% | -$2.05K |
|