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 | |
|---|---|---|---|---|---|---|
1651
First Busey Corp
BUSE
$2.19B
| $2.16M | ﹤0.01% |
81,954
-8,573
| -9% | -$226K |
|
|
FOCS
1652
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.16M | ﹤0.01% |
79,122
-10,889
| -12% | -$297K |
|
1653
Sunoco
SUN
$6.85B
| $2.16M | ﹤0.01% |
68,945
+16,359
| +31% | +$512K |
|
|
MSGN
1654
DELISTED
MSG Networks Inc.
MSGN
| $2.15M | ﹤0.01% |
103,755
-6,949
| -6% | -$144K |
|
|
SASR
1655
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.15M | ﹤0.01% |
61,536
-806
| -1% | -$28.1K |
|
1656
Antero Midstream
AM
$8.91B
| $2.13M | ﹤0.01% |
185,904
+34,553
| +23% | +$396K |
|
1657
Adeia
ADEA
$1.71B
| $2.12M | ﹤0.01% |
388,773
-176,231
| -31% | -$960K |
|
1658
Group 1 Automotive
GPI
$6.03B
| $2.12M | ﹤0.01% |
25,837
-372
| -1% | -$30.5K |
|
1659
Helix Energy Solutions
HLX
$914M
| $2.12M | ﹤0.01% |
245,181
-52,964
| -18% | -$457K |
|
|
MNTA
1660
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $2.11M | ﹤0.01% |
169,341
-705
| -0.4% | -$8.78K |
|
1661
CorVel
CRVL
$4.39B
| $2.1M | ﹤0.01% |
72,375
+14,991
| +26% | +$435K |
|
|
WLL
1662
DELISTED
Whiting Petroleum Corporation
WLL
| $2.1M | ﹤0.01% |
1,497
-202
| -12% | -$283K |
|
1663
Interface
TILE
$1.66B
| $2.1M | ﹤0.01% |
136,754
-14,333
| -9% | -$220K |
|
|
BPFH
1664
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $2.09M | ﹤0.01% |
173,124
-35,044
| -17% | -$423K |
|
1665
Employers Holdings
EIG
$983M
| $2.09M | ﹤0.01% |
49,430
-10,268
| -17% | -$434K |
|
1666
S&T Bancorp
STBA
$1.5B
| $2.08M | ﹤0.01% |
55,520
-10,057
| -15% | -$377K |
|
1667
Eagle Bancorp
EGBN
$615M
| $2.08M | ﹤0.01% |
38,384
+354
| +0.9% | +$19.2K |
|
|
FOE
1668
DELISTED
Ferro Corporation
FOE
| $2.08M | ﹤0.01% |
131,484
-4,400
| -3% | -$69.5K |
|
1669
Silicon Motion
SIMO
$3.02B
| $2.08M | ﹤0.01% |
46,757
-3,899
| -8% | -$173K |
|
1670
Gray Television
GTN
$598M
| $2.07M | ﹤0.01% |
126,292
-7,771
| -6% | -$127K |
|
1671
Hercules Capital
HTGC
$3.53B
| $2.07M | ﹤0.01% |
161,300
+4,600
| +3% | +$59K |
|
1672
Southside Bancshares
SBSI
$916M
| $2.07M | ﹤0.01% |
63,772
-14,148
| -18% | -$458K |
|
|
UNIT
1673
Uniti Group
UNIT
$1.71B
| $2.06M | ﹤0.01% |
217,223
-40,212
| -16% | -$382K |
|
1674
Ennis
EBF
$463M
| $2.05M | ﹤0.01% |
100,115
-11,818
| -11% | -$242K |
|
1675
StoneCo
STNE
$4.89B
| $2.05M | ﹤0.01% |
69,400
-8,909
| -11% | -$264K |
|