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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1801
Employers Holdings
EIG
$983M
| $2.36M | ﹤0.01% |
58,662
-5,235
| -8% | -$210K |
|
1802
Kelly Services Class A
KELYA
$481M
| $2.36M | ﹤0.01% |
105,038
-8,708
| -8% | -$195K |
|
|
TGI
1803
DELISTED
Triumph Group
TGI
| $2.36M | ﹤0.01% |
120,231
-29,073
| -19% | -$570K |
|
|
ENV
1804
DELISTED
ENVESTNET, INC.
ENV
| $2.36M | ﹤0.01% |
42,851
+4,549
| +12% | +$250K |
|
1805
Progress Software
PRGS
$1.81B
| $2.35M | ﹤0.01% |
60,570
+4,297
| +8% | +$167K |
|
|
PEGI
1806
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $2.34M | ﹤0.01% |
125,025
-3,631
| -3% | -$68.1K |
|
|
IPHS
1807
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.34M | ﹤0.01% |
49,220
+5,558
| +13% | +$265K |
|
1808
Universal Insurance Holdings
UVE
$719M
| $2.34M | ﹤0.01% |
66,564
-13,462
| -17% | -$472K |
|
|
ARR
1809
Armour Residential REIT
ARR
$1.72B
| $2.33M | ﹤0.01% |
20,457
-3,643
| -15% | -$415K |
|
1810
Shake Shack
SHAK
$4.06B
| $2.33M | ﹤0.01% |
35,253
+18,053
| +105% | +$1.19M |
|
1811
Sonic Automotive
SAH
$2.73B
| $2.33M | ﹤0.01% |
113,139
-14,895
| -12% | -$307K |
|
1812
Orthofix Medical
OFIX
$589M
| $2.33M | ﹤0.01% |
40,987
-11,117
| -21% | -$632K |
|
1813
SunCoke Energy
SXC
$654M
| $2.33M | ﹤0.01% |
173,772
-37,853
| -18% | -$507K |
|
1814
CareTrust REIT
CTRE
$7.62B
| $2.32M | ﹤0.01% |
138,838
-5,140
| -4% | -$85.8K |
|
1815
Suburban Propane Partners
SPH
$1.21B
| $2.31M | ﹤0.01% |
98,466
+4,550
| +5% | +$107K |
|
1816
LivePerson
LPSN
$86M
| $2.31M | ﹤0.01% |
109,558
+13,858
| +14% | +$292K |
|
1817
American Public Education
APEI
$645M
| $2.31M | ﹤0.01% |
54,849
-17,343
| -24% | -$730K |
|
|
CARB
1818
DELISTED
Carbonite Inc
CARB
| $2.3M | ﹤0.01% |
65,895
-7,115
| -10% | -$248K |
|
1819
BJ's Restaurants
BJRI
$684M
| $2.3M | ﹤0.01% |
38,255
-1,959
| -5% | -$118K |
|
1820
1st Source
SRCE
$1.55B
| $2.29M | ﹤0.01% |
42,908
+5,080
| +13% | +$271K |
|
|
LADR
1821
Ladder Capital
LADR
$1.48B
| $2.28M | ﹤0.01% |
145,779
+86,809
| +147% | +$1.36M |
|
|
HEP
1822
DELISTED
Holly Energy Partners, L.P.
HEP
| $2.27M | ﹤0.01% |
80,205
+119
| +0.1% | +$3.36K |
|
|
CVRR
1823
DELISTED
CVR Refining, LP
CVRR
| $2.27M | ﹤0.01% |
101,430
-20,196
| -17% | -$451K |
|
1824
FerroAtlántica
GSM
$773M
| $2.27M | ﹤0.01% |
264,366
-151,434
| -36% | -$1.3M |
|
|
ICPT
1825
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.27M | ﹤0.01% |
27,000
-5,300
| -16% | -$445K |
|