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 | |
|---|---|---|---|---|---|---|
1626
Vishay Precision Group
VPG
$416M
| $2.28M | ﹤0.01% |
56,068
-4,300
| -7% | -$175K |
|
1627
McGrath RentCorp
MGRC
$3.01B
| $2.28M | ﹤0.01% |
36,636
-3,007
| -8% | -$187K |
|
1628
Icahn Enterprises
IEP
$4.67B
| $2.27M | ﹤0.01% |
31,342
-1,307
| -4% | -$94.6K |
|
1629
Designer Brands
DBI
$225M
| $2.27M | ﹤0.01% |
118,311
-37,080
| -24% | -$711K |
|
1630
PRA Group
PRAA
$657M
| $2.27M | ﹤0.01% |
80,604
-9,448
| -10% | -$266K |
|
1631
Installed Building Products
IBP
$7.27B
| $2.27M | ﹤0.01% |
38,266
+1,260
| +3% | +$74.6K |
|
1632
Pacira BioSciences
PCRX
$1.22B
| $2.26M | ﹤0.01% |
52,067
-84
| -0.2% | -$3.65K |
|
1633
MaxLinear
MXL
$1.37B
| $2.26M | ﹤0.01% |
96,481
-10,800
| -10% | -$253K |
|
|
PEGI
1634
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $2.26M | ﹤0.01% |
97,946
| – | – |
|
|
I
1635
DELISTED
INTELSAT S. A.
I
| $2.26M | ﹤0.01% |
116,188
-59,252
| -34% | -$1.15M |
|
1636
Viper Energy
VNOM
$6.51B
| $2.25M | ﹤0.01% |
73,135
-3,289
| -4% | -$101K |
|
|
NVTA
1637
DELISTED
Invitae Corporation
NVTA
| $2.24M | ﹤0.01% |
95,493
+18,138
| +23% | +$426K |
|
|
WIRE
1638
DELISTED
Encore Wire Corp
WIRE
| $2.23M | ﹤0.01% |
38,127
-2,836
| -7% | -$166K |
|
1639
Arbor Realty Trust
ABR
$2.25B
| $2.23M | ﹤0.01% |
184,015
-3,228
| -2% | -$39.1K |
|
1640
AMERISAFE
AMSF
$841M
| $2.23M | ﹤0.01% |
34,977
-62
| -0.2% | -$3.95K |
|
1641
SM Energy
SM
$3.07B
| $2.23M | ﹤0.01% |
177,846
-3,700
| -2% | -$46.3K |
|
|
RUTH
1642
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.21M | ﹤0.01% |
97,498
-6,158
| -6% | -$140K |
|
1643
Edgewell Personal Care
EPC
$1.01B
| $2.21M | ﹤0.01% |
82,121
-12,700
| -13% | -$342K |
|
1644
AAR Corp
AIR
$2.67B
| $2.2M | ﹤0.01% |
59,904
-8,117
| -12% | -$299K |
|
1645
Synaptics
SYNA
$2.72B
| $2.2M | ﹤0.01% |
75,523
-18,070
| -19% | -$527K |
|
|
UHT
1646
Universal Health Realty Income Trust
UHT
$575M
| $2.19M | ﹤0.01% |
25,820
-397
| -2% | -$33.7K |
|
1647
Dillards
DDS
$8.97B
| $2.19M | ﹤0.01% |
35,114
-15,124
| -30% | -$942K |
|
1648
Coca-Cola Consolidated
COKE
$10.6B
| $2.18M | ﹤0.01% |
72,900
-17,230
| -19% | -$516K |
|
1649
Aspen Aerogels
ASPN
$543M
| $2.18M | ﹤0.01% |
305,000
| – | – |
|
1650
SPX Corp
SPXC
$9.21B
| $2.17M | ﹤0.01% |
65,756
-2,696
| -4% | -$89K |
|