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 | |
|---|---|---|---|---|---|---|
501
Lumen
LUMN
$5.9B
| $26.6M | 0.02% |
2,640,624
+96,809
| +4% | +$977K |
|
502
Principal Financial Group
PFG
$18.2B
| $26.4M | 0.02% |
656,241
+25,016
| +4% | +$1.01M |
|
503
MongoDB
MDB
$25.7B
| $26.2M | 0.02% |
113,248
+28,148
| +33% | +$6.52M |
|
|
VMW
504
DELISTED
VMware, Inc
VMW
| $26M | 0.02% |
180,955
+3,055
| +2% | +$439K |
|
505
Citizens Financial Group
CFG
$23.1B
| $25.9M | 0.02% |
1,025,769
+36,392
| +4% | +$920K |
|
506
Teledyne Technologies
TDY
$26.4B
| $25.9M | 0.02% |
83,547
+1,972
| +2% | +$612K |
|
|
ABMD
507
DELISTED
Abiomed Inc
ABMD
| $25.9M | 0.02% |
93,502
+3,252
| +4% | +$901K |
|
508
Royal Caribbean
RCL
$88.5B
| $25.9M | 0.02% |
400,011
+17,212
| +4% | +$1.11M |
|
509
Ingersoll Rand
IR
$32.4B
| $25.8M | 0.02% |
725,284
-46,917
| -6% | -$1.67M |
|
510
Wabtec
WAB
$32.5B
| $25.8M | 0.02% |
416,360
+46,397
| +13% | +$2.87M |
|
511
Eastman Chemical
EMN
$7.63B
| $25.7M | 0.02% |
328,633
+12,931
| +4% | +$1.01M |
|
512
Charles River Laboratories
CRL
$7.73B
| $25.7M | 0.02% |
113,369
+2,123
| +2% | +$481K |
|
|
ETFC
513
DELISTED
E*Trade Financial Corporation
ETFC
| $25.7M | 0.02% |
512,558
-2,191
| -0.4% | -$110K |
|
514
Nordson
NDSN
$12.8B
| $25.4M | 0.02% |
132,649
+3,274
| +3% | +$628K |
|
515
HubSpot
HUBS
$27B
| $25.3M | 0.02% |
86,744
+2,444
| +3% | +$714K |
|
516
Bio-Rad Laboratories Class A
BIO
$7.75B
| $25.1M | 0.02% |
48,759
+1,257
| +3% | +$648K |
|
517
Western Digital
WDC
$36.5B
| $25.1M | 0.02% |
909,397
+17,286
| +2% | +$478K |
|
518
Gartner
IT
$19.2B
| $24.9M | 0.02% |
198,921
+4,505
| +2% | +$563K |
|
519
OGE Energy
OGE
$8.84B
| $24.8M | 0.02% |
825,425
+15,517
| +2% | +$465K |
|
520
Molina Healthcare
MOH
$9.74B
| $24.7M | 0.02% |
134,760
+3,329
| +3% | +$609K |
|
|
ZEN
521
DELISTED
ZENDESK INC
ZEN
| $24.6M | 0.02% |
239,119
+9,019
| +4% | +$928K |
|
522
Cognex
CGNX
$7.76B
| $24.6M | 0.02% |
377,446
+8,539
| +2% | +$556K |
|
523
Avery Dennison
AVY
$12.9B
| $24.5M | 0.02% |
191,783
+3,970
| +2% | +$508K |
|
524
Cheniere Energy
LNG
$51.5B
| $24.5M | 0.02% |
529,479
+56,940
| +12% | +$2.63M |
|
525
RPM International
RPM
$15.9B
| $24.5M | 0.02% |
295,632
+6,252
| +2% | +$518K |
|