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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MXIM
401
DELISTED
Maxim Integrated Products
MXIM
| $41.2M | 0.04% |
609,578
+15,285
| +3% | +$1.03M |
|
402
Vulcan Materials
VMC
$39.4B
| $41M | 0.04% |
302,235
+7,410
| +3% | +$1M |
|
|
DFS
403
DELISTED
Discover Financial Services
DFS
| $40.9M | 0.04% |
707,805
+16,124
| +2% | +$932K |
|
404
Wayfair
W
$11.5B
| $40.7M | 0.04% |
139,710
+5,563
| +4% | +$1.62M |
|
405
Old Dominion Freight Line
ODFL
$29.9B
| $40.5M | 0.04% |
447,546
+9,780
| +2% | +$885K |
|
406
Dell
DELL
$88.8B
| $40.4M | 0.04% |
1,178,536
+486,072
| +70% | +$16.7M |
|
407
Valero Energy
VLO
$50.9B
| $40.3M | 0.04% |
930,483
-11,233
| -1% | -$487K |
|
|
IMMU
408
DELISTED
Immunomedics Inc
IMMU
| $40.1M | 0.04% |
471,554
+50,622
| +12% | +$4.3M |
|
409
Equifax
EFX
$32.1B
| $39.9M | 0.04% |
254,076
+6,400
| +3% | +$1M |
|
410
Conagra Brands
CAG
$8.98B
| $39.8M | 0.04% |
1,115,447
+19,731
| +2% | +$705K |
|
411
EPAM Systems
EPAM
$8.68B
| $39.6M | 0.04% |
122,567
+2,934
| +2% | +$948K |
|
412
Hologic
HOLX
$15.2B
| $39.3M | 0.04% |
591,705
+13,169
| +2% | +$875K |
|
413
CDW
CDW
$21.3B
| $39.2M | 0.03% |
327,673
+7,149
| +2% | +$855K |
|
|
FLIR
414
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $38.9M | 0.03% |
1,085,781
-36,033
| -3% | -$1.29M |
|
415
Alnylam Pharmaceuticals
ALNY
$59.3B
| $38.5M | 0.03% |
264,351
+8,583
| +3% | +$1.25M |
|
416
International Paper
IP
$24.9B
| $38.5M | 0.03% |
1,002,088
+37,211
| +4% | +$1.43M |
|
417
Edison International
EIX
$21.4B
| $38.4M | 0.03% |
756,188
+19,490
| +3% | +$991K |
|
418
Tractor Supply
TSCO
$31.7B
| $38.1M | 0.03% |
1,328,855
+28,930
| +2% | +$829K |
|
419
CBRE Group
CBRE
$49.3B
| $38M | 0.03% |
808,248
+29,402
| +4% | +$1.38M |
|
420
Synchrony
SYF
$28.5B
| $36.8M | 0.03% |
1,406,511
+49,733
| +4% | +$1.3M |
|
421
TransUnion
TRU
$18B
| $36.8M | 0.03% |
437,239
+10,602
| +2% | +$892K |
|
422
W.W. Grainger
GWW
$48.1B
| $36.5M | 0.03% |
102,304
+2,116
| +2% | +$755K |
|
423
Fifth Third Bancorp
FITB
$30.6B
| $36.5M | 0.03% |
1,711,203
+63,466
| +4% | +$1.35M |
|
424
Ventas
VTR
$30.9B
| $36.2M | 0.03% |
861,757
+25,915
| +3% | +$1.09M |
|
425
Las Vegas Sands
LVS
$36.5B
| $35.9M | 0.03% |
770,048
+19,093
| +3% | +$891K |
|