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 | |
|---|---|---|---|---|---|---|
451
Insulet
PODD
$23.5B
| $32.6M | 0.03% |
137,887
-3,116
| -2% | -$737K |
|
452
Brookfield Infrastructure Partners
BIP
$14.4B
| $32.1M | 0.03% |
1,012,506
+22,234
| +2% | +$706K |
|
453
Revvity
RVTY
$10.2B
| $32.1M | 0.03% |
255,844
+5,877
| +2% | +$738K |
|
|
CTLT
454
DELISTED
CATALENT, INC.
CTLT
| $31.9M | 0.03% |
372,432
+28,437
| +8% | +$2.44M |
|
455
Exact Sciences
EXAS
$10.1B
| $31.7M | 0.03% |
310,600
+7,900
| +3% | +$805K |
|
456
FMC
FMC
$4.65B
| $31.5M | 0.03% |
297,453
+6,920
| +2% | +$733K |
|
457
IDEX
IEX
$12.2B
| $31.5M | 0.03% |
172,468
+3,781
| +2% | +$690K |
|
458
SS&C Technologies
SSNC
$21.8B
| $31.4M | 0.03% |
518,611
-5,316
| -1% | -$322K |
|
459
Nucor
NUE
$30.8B
| $31.3M | 0.03% |
697,344
+16,592
| +2% | +$744K |
|
460
Coca-Cola Europacific Partners
CCEP
$40.4B
| $31M | 0.03% |
798,847
-916,283
| -53% | -$35.6M |
|
|
461
Healthpeak Properties
DOC
$12.9B
| $31M | 0.03% |
1,140,320
-3,179,965
| -74% | -$86.3M |
|
462
United Rentals
URI
$60.7B
| $30.6M | 0.03% |
175,172
+7,919
| +5% | +$1.38M |
|
463
Zebra Technologies
ZBRA
$16.4B
| $30.5M | 0.03% |
120,942
+3,167
| +3% | +$800K |
|
464
Teradyne
TER
$18.9B
| $30.4M | 0.03% |
382,772
+9,527
| +3% | +$757K |
|
465
Darden Restaurants
DRI
$22.5B
| $30.3M | 0.03% |
301,140
+9,399
| +3% | +$947K |
|
466
Advance Auto Parts
AAP
$3.61B
| $30M | 0.03% |
195,662
+4,023
| +2% | +$618K |
|
467
Pultegroup
PHM
$26.5B
| $30M | 0.03% |
648,517
+23,685
| +4% | +$1.1M |
|
468
Pool Corp
POOL
$12.1B
| $29.9M | 0.03% |
89,449
+1,726
| +2% | +$577K |
|
469
International Flavors & Fragrances
IFF
$16.3B
| $29.9M | 0.03% |
244,352
+25,281
| +12% | +$3.1M |
|
470
Celanese
CE
$4.98B
| $29.4M | 0.03% |
273,204
+6,701
| +3% | +$720K |
|
471
Hewlett Packard
HPE
$33.3B
| $29.2M | 0.03% |
3,112,448
+114,758
| +4% | +$1.08M |
|
472
AES
AES
$9.22B
| $29.1M | 0.03% |
1,609,449
+62,281
| +4% | +$1.13M |
|
473
GoDaddy
GDDY
$20.3B
| $29.1M | 0.03% |
382,571
+9,198
| +2% | +$699K |
|
474
Boston Properties
BXP
$12.3B
| $29M | 0.03% |
360,760
-120,711
| -25% | -$9.69M |
|
475
PG&E
PCG
$32.7B
| $28.9M | 0.03% |
3,081,112
+1,613,548
| +110% | +$15.2M |
|