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 | |
|---|---|---|---|---|---|---|
2226
Boyd Gaming
BYD
$6.79B
| $990K | ﹤0.01% |
36,169
-8,234
| -19% | -$225K |
|
2227
PJT Partners
PJT
$4.47B
| $986K | ﹤0.01% |
23,597
-500
| -2% | -$20.9K |
|
|
CHAP
2228
DELISTED
Chaparral Energy, Inc.
CHAP
| $986K | ﹤0.01% |
172,978
+162,178
| +1,502% | +$924K |
|
2229
Comscore
SCOR
$34.1M
| $984K | ﹤0.01% |
2,430
-70
| -3% | -$28.3K |
|
2230
Global Net Lease
GNL
$1.81B
| $982K | ﹤0.01% |
51,965
-7,091
| -12% | -$134K |
|
|
HMHC
2231
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $982K | ﹤0.01% |
135,017
-30,776
| -19% | -$224K |
|
|
EVA
2232
DELISTED
Enviva Inc.
EVA
| $980K | ﹤0.01% |
30,381
| – | – |
|
2233
nLIGHT
LASR
$1.43B
| $978K | ﹤0.01% |
+43,900
| New | +$978K |
|
2234
Americold
COLD
$3.93B
| $976K | ﹤0.01% |
31,998
+8,132
| +34% | +$248K |
|
2235
FreightCar America
RAIL
$162M
| $973K | ﹤0.01% |
157,983
-4,317
| -3% | -$26.6K |
|
2236
Taylor Devices
TAYD
$149M
| $973K | ﹤0.01% |
79,856
| – | – |
|
|
FG
2237
DELISTED
FGL Holdings Ordinary Shares
FG
| $973K | ﹤0.01% |
123,684
-2,700
| -2% | -$21.2K |
|
|
ATCO
2238
DELISTED
Atlas Corp.
ATCO
| $970K | ﹤0.01% |
111,469
-9,426
| -8% | -$82K |
|
2239
Limoneira
LMNR
$276M
| $969K | ﹤0.01% |
41,200
-2,461
| -6% | -$57.9K |
|
2240
Karyopharm Therapeutics
KPTI
$55.9M
| $968K | ﹤0.01% |
11,050
| – | – |
|
|
BHR
2241
Braemar Hotels & Resorts
BHR
$203M
| $966K | ﹤0.01% |
79,935
-11,448
| -13% | -$138K |
|
|
HTO
2242
H2O America Common Stock
HTO
$1.75B
| $964K | ﹤0.01% |
15,608
+8,245
| +112% | +$509K |
|
2243
Fate Therapeutics
FATE
$111M
| $963K | ﹤0.01% |
54,816
-3,368
| -6% | -$59.2K |
|
2244
Stock Yards Bancorp
SYBT
$2.27B
| $961K | ﹤0.01% |
28,431
-1,242
| -4% | -$42K |
|
|
ILPT
2245
Industrial Logistics Properties Trust
ILPT
$424M
| $956K | ﹤0.01% |
47,416
-24,410
| -34% | -$492K |
|
|
REV
2246
DELISTED
Revlon, Inc.
REV
| $953K | ﹤0.01% |
49,178
-3,028
| -6% | -$58.7K |
|
2247
Reading International Class A
RDI
$33.8M
| $951K | ﹤0.01% |
59,617
| – | – |
|
2248
Calix
CALX
$4.01B
| $948K | ﹤0.01% |
123,152
-8,685
| -7% | -$66.9K |
|
2249
TherapeuticsMD
TXMD
$12.8M
| $947K | ﹤0.01% |
3,888
-112
| -3% | -$27.3K |
|
2250
Silgan Holdings
SLGN
$4.71B
| $946K | ﹤0.01% |
31,940
-12,485
| -28% | -$370K |
|