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 | |
|---|---|---|---|---|---|---|
|
ALX
1876
Alexander's
ALX
$1.25B
| $1.72M | ﹤0.01% |
4,565
-100
| -2% | -$37.6K |
|
1877
Camden National
CAC
$684M
| $1.72M | ﹤0.01% |
41,158
-4,967
| -11% | -$207K |
|
1878
MidCap Financial Investment
MFIC
$1.16B
| $1.71M | ﹤0.01% |
113,199
-2,800
| -2% | -$42.4K |
|
1879
Tompkins Financial
TMP
$1B
| $1.71M | ﹤0.01% |
22,448
-9,752
| -30% | -$742K |
|
1880
Workiva
WK
$4.34B
| $1.71M | ﹤0.01% |
33,674
+1,146
| +4% | +$58.1K |
|
|
TVRD
1881
Tvardi Therapeutics, Inc. Common Stock
TVRD
$318M
| $1.7M | ﹤0.01% |
2,411
| – | – |
|
|
CNR
1882
Core Natural Resources, Inc.
CNR
$3.75B
| $1.7M | ﹤0.01% |
49,679
-1,200
| -2% | -$41.1K |
|
1883
Lindsay Corp
LNN
$1.52B
| $1.7M | ﹤0.01% |
17,533
-1,446
| -8% | -$140K |
|
1884
Group 1 Automotive
GPI
$6.03B
| $1.7M | ﹤0.01% |
26,209
-10,605
| -29% | -$686K |
|
|
IHC
1885
DELISTED
Independence Holding Company
IHC
| $1.7M | ﹤0.01% |
48,109
| – | – |
|
|
NP
1886
DELISTED
Neenah, Inc. Common Stock
NP
| $1.7M | ﹤0.01% |
26,339
-3,058
| -10% | -$197K |
|
|
CIO
1887
City Office REIT
CIO
$280M
| $1.69M | ﹤0.01% |
149,588
+4,231
| +3% | +$47.9K |
|
1888
Heron Therapeutics
HRTX
$193M
| $1.69M | ﹤0.01% |
69,150
-1,119
| -2% | -$27.3K |
|
1889
Boise Cascade
BCC
$3.2B
| $1.69M | ﹤0.01% |
62,967
-4,515
| -7% | -$121K |
|
1890
Phibro Animal Health
PAHC
$1.61B
| $1.68M | ﹤0.01% |
50,948
+4,424
| +10% | +$146K |
|
|
AHT
1891
Ashford Hospitality Trust
AHT
$38.1M
| $1.68M | ﹤0.01% |
358
-131
| -27% | -$614K |
|
|
MCHB
1892
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.68M | ﹤0.01% |
63,601
-4,731
| -7% | -$125K |
|
1893
Kosmos Energy
KOS
$799M
| $1.68M | ﹤0.01% |
268,781
-3,500
| -1% | -$21.8K |
|
|
BGG
1894
DELISTED
Briggs & Stratton Corp.
BGG
| $1.67M | ﹤0.01% |
141,058
-20,305
| -13% | -$240K |
|
|
CYOU
1895
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.67M | ﹤0.01% |
97,407
+46,997
| +93% | +$804K |
|
1896
Shake Shack
SHAK
$4.06B
| $1.66M | ﹤0.01% |
28,019
-700
| -2% | -$41.4K |
|
|
EIGI
1897
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $1.65M | ﹤0.01% |
226,969
+6,748
| +3% | +$48.9K |
|
|
NRE
1898
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.64M | ﹤0.01% |
94,705
-40,727
| -30% | -$707K |
|
1899
TTM Technologies
TTMI
$4.83B
| $1.64M | ﹤0.01% |
140,005
-106,916
| -43% | -$1.25M |
|
1900
Sunoco
SUN
$6.85B
| $1.64M | ﹤0.01% |
52,586
+39,900
| +315% | +$1.24M |
|