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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Roku
ROKU
$14B
| $26.7M | 0.02% |
213,302
-41,842
| -16% | -$5.24M |
|
527
Cognex
CGNX
$7.55B
| $26.7M | 0.02% |
345,645
-21,385
| -6% | -$1.65M |
|
528
XPeng
XPEV
$18.9B
| $26.7M | 0.02% |
966,259
-62,488
| -6% | -$1.72M |
|
529
Wolfspeed
WOLF
$196M
| $26.6M | 0.02% |
233,501
-12,694
| -5% | -$1.45M |
|
530
Robert Half
RHI
$3.77B
| $26.5M | 0.02% |
231,857
-18,577
| -7% | -$2.12M |
|
531
Plug Power
PLUG
$1.69B
| $26.2M | 0.02% |
914,853
-73,184
| -7% | -$2.09M |
|
532
Credicorp
BAP
$20.7B
| $25.7M | 0.02% |
149,549
-1,925
| -1% | -$331K |
|
533
Regency Centers
REG
$13.4B
| $25.6M | 0.02% |
359,280
-22,980
| -6% | -$1.64M |
|
|
ZEN
534
DELISTED
ZENDESK INC
ZEN
| $25.6M | 0.02% |
212,948
-39,580
| -16% | -$4.76M |
|
535
Liberty Global Class A
LBTYA
$4.05B
| $25.6M | 0.02% |
1,002,040
+58,233
| +6% | +$1.49M |
|
536
Fair Isaac
FICO
$36.8B
| $25.5M | 0.02% |
54,579
-3,767
| -6% | -$1.76M |
|
537
Las Vegas Sands
LVS
$36.9B
| $25.4M | 0.02% |
654,731
-59,279
| -8% | -$2.3M |
|
538
Lumen
LUMN
$4.87B
| $25.3M | 0.02% |
2,240,434
-296,191
| -12% | -$3.34M |
|
539
Medical Properties Trust
MPW
$2.77B
| $25.2M | 0.02% |
1,192,028
-102,542
| -8% | -$2.17M |
|
540
Comerica
CMA
$8.85B
| $25.2M | 0.02% |
278,520
-15,358
| -5% | -$1.39M |
|
541
Builders FirstSource
BLDR
$16.5B
| $25.2M | 0.02% |
389,759
-18,439
| -5% | -$1.19M |
|
|
Y
542
DELISTED
Alleghany Corporation
Y
| $25.1M | 0.02% |
29,662
-720
| -2% | -$610K |
|
543
Fox Class A
FOXA
$27.4B
| $25.1M | 0.02% |
636,113
-69,648
| -10% | -$2.75M |
|
544
Reliance Steel & Aluminium
RS
$15.7B
| $25.1M | 0.02% |
136,704
-6,028
| -4% | -$1.11M |
|
545
LKQ Corp
LKQ
$8.33B
| $25M | 0.02% |
550,508
-50,433
| -8% | -$2.29M |
|
546
Royalty Pharma
RPRX
$15.6B
| $24.9M | 0.02% |
639,350
-53,124
| -8% | -$2.07M |
|
547
Everest Group
EG
$14.3B
| $24.6M | 0.02% |
81,643
-3,642
| -4% | -$1.1M |
|
|
WRK
548
DELISTED
WestRock Company
WRK
| $24.6M | 0.02% |
522,516
-50,912
| -9% | -$2.39M |
|
549
Burlington
BURL
$18.4B
| $24.6M | 0.02% |
134,834
-8,494
| -6% | -$1.55M |
|
550
First Horizon
FHN
$11.3B
| $24.3M | 0.02% |
1,033,629
-119,807
| -10% | -$2.81M |
|