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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Nordson
NDSN
$12.7B
| $23.9M | 0.02% |
118,222
-3,340
| -3% | -$676K |
|
|
COHR
502
DELISTED
Coherent Inc
COHR
| $23.7M | 0.02% |
89,159
+42,730
| +92% | +$11.4M |
|
503
Eastman Chemical
EMN
$7.91B
| $23.4M | 0.02% |
260,227
-14,908
| -5% | -$1.34M |
|
504
Manhattan Associates
MANH
$13.3B
| $23.3M | 0.02% |
203,136
+68,726
| +51% | +$7.88M |
|
505
Loews
L
$19.9B
| $23.2M | 0.02% |
391,045
-39,728
| -9% | -$2.35M |
|
506
Concentrix
CNXC
$3.31B
| $23.2M | 0.02% |
170,829
+80,457
| +89% | +$10.9M |
|
507
Ovintiv
OVV
$10.6B
| $23.1M | 0.02% |
523,584
-33,295
| -6% | -$1.47M |
|
508
EQT Corp
EQT
$31.4B
| $23.1M | 0.02% |
670,931
+42,507
| +7% | +$1.46M |
|
509
Guidewire Software
GWRE
$21.6B
| $23.1M | 0.02% |
324,999
+157,775
| +94% | +$11.2M |
|
510
Zscaler
ZS
$43.8B
| $23M | 0.02% |
153,948
-6,254
| -4% | -$935K |
|
511
Cloudflare
NET
$76.2B
| $22.8M | 0.02% |
520,118
-11,698
| -2% | -$512K |
|
512
Reliance Steel & Aluminium
RS
$15.4B
| $22.8M | 0.02% |
133,939
-2,765
| -2% | -$470K |
|
513
Ally Financial
ALLY
$12.7B
| $22.6M | 0.02% |
674,410
-40,368
| -6% | -$1.35M |
|
514
Spotify
SPOT
$148B
| $22.6M | 0.02% |
240,804
-11,900
| -5% | -$1.12M |
|
515
Teleflex
TFX
$5.75B
| $22.6M | 0.02% |
91,770
-4,352
| -5% | -$1.07M |
|
516
Generac Holdings
GNRC
$10.8B
| $22.5M | 0.02% |
106,934
-20,286
| -16% | -$4.27M |
|
517
Howmet Aerospace
HWM
$72.2B
| $22.5M | 0.02% |
714,014
-44,529
| -6% | -$1.4M |
|
518
Live Nation Entertainment
LYV
$39.3B
| $22.3M | 0.02% |
269,761
-9,342
| -3% | -$771K |
|
519
Everest Group
EG
$14.2B
| $22.2M | 0.02% |
79,153
-2,490
| -3% | -$698K |
|
520
Kimco Realty
KIM
$15.3B
| $22.2M | 0.02% |
1,121,157
-37,900
| -3% | -$749K |
|
521
GoDaddy
GDDY
$20.5B
| $22.2M | 0.02% |
318,496
-16,358
| -5% | -$1.14M |
|
|
ABMD
522
DELISTED
Abiomed Inc
ABMD
| $22M | 0.02% |
88,900
-3,379
| -4% | -$836K |
|
523
Crown Holdings
CCK
$10.9B
| $21.8M | 0.02% |
236,535
-17,014
| -7% | -$1.57M |
|
524
PTC
PTC
$25.5B
| $21.8M | 0.02% |
204,805
-11,687
| -5% | -$1.24M |
|
525
United Airlines
UAL
$34.2B
| $21.6M | 0.02% |
611,101
+27,147
| +5% | +$962K |
|