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 | |
|---|---|---|---|---|---|---|
1751
Antero Midstream
AM
$8.91B
| $2.09M | ﹤0.01% |
151,351
+134,056
| +775% | +$1.85M |
|
1752
Innospec
IOSP
$2.05B
| $2.09M | ﹤0.01% |
25,021
-13,686
| -35% | -$1.14M |
|
1753
AMERISAFE
AMSF
$841M
| $2.08M | ﹤0.01% |
35,039
-1,812
| -5% | -$108K |
|
1754
Tri Pointe Homes
TPH
$3.09B
| $2.07M | ﹤0.01% |
164,060
-6,400
| -4% | -$80.9K |
|
1755
Resources Connection
RGP
$172M
| $2.07M | ﹤0.01% |
125,283
-34,325
| -22% | -$568K |
|
1756
BJs Wholesale Club
BJ
$13B
| $2.07M | ﹤0.01% |
75,583
-5,069
| -6% | -$139K |
|
1757
Vishay Precision Group
VPG
$416M
| $2.07M | ﹤0.01% |
60,368
-10,076
| -14% | -$345K |
|
|
SIRE
1758
DELISTED
Sisecam Resources LP
SIRE
| $2.07M | ﹤0.01% |
81,800
| – | – |
|
1759
Regis Corp
RGS
$70.8M
| $2.06M | ﹤0.01% |
5,245
+845
| +19% | +$332K |
|
1760
Winnebago Industries
WGO
$949M
| $2.06M | ﹤0.01% |
66,185
-3,285
| -5% | -$102K |
|
|
LXFT
1761
DELISTED
Luxoft Holding, Inc.
LXFT
| $2.06M | ﹤0.01% |
35,129
-4,628
| -12% | -$272K |
|
1762
Dycom Industries
DY
$7.47B
| $2.06M | ﹤0.01% |
44,824
-7,978
| -15% | -$366K |
|
1763
Materion
MTRN
$2.31B
| $2.06M | ﹤0.01% |
36,085
-1,147
| -3% | -$65.4K |
|
|
DBD
1764
DELISTED
Diebold Nixdorf Incorporated
DBD
| $2.06M | ﹤0.01% |
185,797
-16,342
| -8% | -$181K |
|
1765
Archrock
AROC
$4.29B
| $2.06M | ﹤0.01% |
210,263
-12,165
| -5% | -$119K |
|
1766
Northwest Natural Holdings
NWN
$1.73B
| $2.05M | ﹤0.01% |
31,263
-3,450
| -10% | -$226K |
|
1767
Ormat Technologies
ORA
$5.53B
| $2.05M | ﹤0.01% |
37,209
-763
| -2% | -$42.1K |
|
|
HMLP
1768
DELISTED
HOEGH LNG PARTNERS LP
HMLP
| $2.05M | ﹤0.01% |
104,797
| – | – |
|
1769
Innoviva
INVA
$1.22B
| $2.05M | ﹤0.01% |
145,976
+4,782
| +3% | +$67.1K |
|
|
MCRN
1770
DELISTED
Milacron Holdings Corp.
MCRN
| $2.04M | ﹤0.01% |
180,444
+61,321
| +51% | +$694K |
|
1771
Lakeland Financial Corp
LKFN
$1.66B
| $2.04M | ﹤0.01% |
45,059
+3,584
| +9% | +$162K |
|
|
DO
1772
DELISTED
Diamond Offshore Drilling
DO
| $2.04M | ﹤0.01% |
194,069
-25,042
| -11% | -$263K |
|
|
LGF.B
1773
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $2.04M | ﹤0.01% |
134,800
-3,800
| -3% | -$57.4K |
|
1774
TriNet
TNET
$3.35B
| $2.02M | ﹤0.01% |
33,830
-30
| -0.1% | -$1.79K |
|
1775
PROS Holdings
PRO
$699M
| $2.01M | ﹤0.01% |
47,536
+83
| +0.2% | +$3.51K |
|