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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1676
Lithia Motors
LAD
$8.56B
| $2.85M | ﹤0.01% |
29,400
-3,300
| -10% | -$320K |
|
1677
MidCap Financial Investment
MFIC
$1.16B
| $2.85M | ﹤0.01% |
161,900
-32,067
| -17% | -$564K |
|
1678
Koppers
KOP
$567M
| $2.85M | ﹤0.01% |
70,600
-33,100
| -32% | -$1.33M |
|
|
PEGI
1679
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $2.85M | ﹤0.01% |
149,800
-38,100
| -20% | -$724K |
|
1680
Omnicell
OMCL
$1.46B
| $2.83M | ﹤0.01% |
83,600
-1,900
| -2% | -$64.4K |
|
|
BEL
1681
DELISTED
Belmond Ltd.
BEL
| $2.83M | ﹤0.01% |
212,200
-10,200
| -5% | -$136K |
|
1682
WesBanco
WSBC
$3.03B
| $2.82M | ﹤0.01% |
65,516
-2,100
| -3% | -$90.4K |
|
1683
Independence Realty Trust
IRT
$4.07B
| $2.82M | ﹤0.01% |
316,137
+97,800
| +45% | +$872K |
|
|
OAK
1684
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $2.82M | ﹤0.01% |
75,200
-5,300
| -7% | -$199K |
|
1685
Ultragenyx Pharmaceutical
RARE
$2.92B
| $2.81M | ﹤0.01% |
40,000
| – | – |
|
1686
Tompkins Financial
TMP
$1B
| $2.81M | ﹤0.01% |
29,700
-1,000
| -3% | -$94.5K |
|
1687
Radware
RDWR
$1.1B
| $2.81M | ﹤0.01% |
192,500
-10,400
| -5% | -$152K |
|
1688
MaxLinear
MXL
$1.37B
| $2.8M | ﹤0.01% |
128,600
-40,200
| -24% | -$876K |
|
|
HT
1689
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.8M | ﹤0.01% |
130,343
+15,100
| +13% | +$325K |
|
|
EPE
1690
DELISTED
EP Energy Corporation
EPE
| $2.8M | ﹤0.01% |
427,700
+19,400
| +5% | +$127K |
|
1691
Theravance Biopharma
TBPH
$720M
| $2.8M | ﹤0.01% |
87,800
-5,900
| -6% | -$188K |
|
1692
DigitalBridge
DBRG
$2.2B
| $2.8M | ﹤0.01% |
46,850
-2,400
| -5% | -$143K |
|
|
FCH
1693
DELISTED
Felcor Lodging Trust
FCH
| $2.79M | ﹤0.01% |
348,859
-60,400
| -15% | -$484K |
|
|
TPC
1694
Tutor Perini Corporation
TPC
$3.37B
| $2.79M | ﹤0.01% |
99,500
-19,800
| -17% | -$554K |
|
1695
United Fire Group
UFCS
$807M
| $2.78M | ﹤0.01% |
56,600
-13,600
| -19% | -$669K |
|
|
IQNT
1696
DELISTED
Inteliquent, Inc.
IQNT
| $2.78M | ﹤0.01% |
121,428
-29,300
| -19% | -$672K |
|
|
RDUS
1697
DELISTED
Radius Health, Inc.
RDUS
| $2.78M | ﹤0.01% |
73,100
| – | – |
|
1698
Kforce
KFRC
$567M
| $2.78M | ﹤0.01% |
120,300
-10,200
| -8% | -$236K |
|
|
LKSD
1699
DELISTED
LSC Communications, Inc.
LKSD
| $2.77M | ﹤0.01% |
+93,462
| New | +$2.77M |
|
1700
Lakeland Financial Corp
LKFN
$1.66B
| $2.77M | ﹤0.01% |
58,550
-5,300
| -8% | -$251K |
|