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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CVRR
1751
DELISTED
CVR Refining, LP
CVRR
| $2.55M | ﹤0.01% |
129,567
+28,137
| +28% | +$554K |
|
|
MAGN
1752
Magnera Corporation
MAGN
$393M
| $2.55M | ﹤0.01% |
10,266
-1,408
| -12% | -$350K |
|
1753
Kelly Services Class A
KELYA
$481M
| $2.55M | ﹤0.01% |
106,016
+978
| +0.9% | +$23.5K |
|
|
GMLP
1754
DELISTED
Golar LNG Partners LP
GMLP
| $2.54M | ﹤0.01% |
177,459
-15,906
| -8% | -$228K |
|
|
ENV
1755
DELISTED
ENVESTNET, INC.
ENV
| $2.53M | ﹤0.01% |
41,518
-1,333
| -3% | -$81.3K |
|
1756
Buckle
BKE
$3.04B
| $2.53M | ﹤0.01% |
109,605
+12,818
| +13% | +$295K |
|
|
ALEX
1757
Alexander & Baldwin
ALEX
$1.34B
| $2.52M | ﹤0.01% |
111,169
-31,499
| -22% | -$715K |
|
|
MTSC
1758
DELISTED
MTS Systems Corp
MTSC
| $2.52M | ﹤0.01% |
45,929
-4,186
| -8% | -$229K |
|
1759
Eagle Bancorp
EGBN
$615M
| $2.51M | ﹤0.01% |
49,648
+4,901
| +11% | +$248K |
|
|
ZGNX
1760
DELISTED
Zogenix, Inc.
ZGNX
| $2.51M | ﹤0.01% |
50,575
-2,830
| -5% | -$140K |
|
|
DCOM
1761
DELISTED
Dime Community Bancshares
DCOM
| $2.51M | ﹤0.01% |
140,413
+1,046
| +0.8% | +$18.7K |
|
|
WIRE
1762
DELISTED
Encore Wire Corp
WIRE
| $2.5M | ﹤0.01% |
49,942
-2,300
| -4% | -$115K |
|
1763
Criteo
CRTO
$1.15B
| $2.5M | ﹤0.01% |
108,990
-2,478
| -2% | -$56.8K |
|
1764
Interparfums
IPAR
$3.43B
| $2.5M | ﹤0.01% |
38,760
+1,468
| +4% | +$94.6K |
|
1765
Group 1 Automotive
GPI
$6.03B
| $2.5M | ﹤0.01% |
38,469
-4,690
| -11% | -$304K |
|
|
NXTM
1766
DELISTED
NxStage Medical Inc.
NXTM
| $2.5M | ﹤0.01% |
89,546
-6,592
| -7% | -$184K |
|
1767
Orion
OEC
$521M
| $2.5M | ﹤0.01% |
77,738
+5,270
| +7% | +$169K |
|
1768
Terreno Realty
TRNO
$6.05B
| $2.49M | ﹤0.01% |
65,991
-7,784
| -11% | -$293K |
|
1769
Shake Shack
SHAK
$4.06B
| $2.48M | ﹤0.01% |
39,417
+4,164
| +12% | +$262K |
|
1770
Pacira BioSciences
PCRX
$1.22B
| $2.48M | ﹤0.01% |
50,500
-3,700
| -7% | -$182K |
|
|
CARB
1771
DELISTED
Carbonite Inc
CARB
| $2.48M | ﹤0.01% |
69,593
+3,698
| +6% | +$132K |
|
1772
Rexford Industrial Realty
REXR
$10.3B
| $2.48M | ﹤0.01% |
77,561
-4,745
| -6% | -$152K |
|
1773
Tri Pointe Homes
TPH
$3.09B
| $2.48M | ﹤0.01% |
199,848
-26,955
| -12% | -$334K |
|
|
AVX
1774
DELISTED
AVX Corporation
AVX
| $2.48M | ﹤0.01% |
137,238
-16,725
| -11% | -$302K |
|
1775
REX American Resources
REX
$1.01B
| $2.47M | ﹤0.01% |
98,163
-3,951
| -4% | -$99.5K |
|