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 | |
|---|---|---|---|---|---|---|
551
Hasbro
HAS
$10.5B
| $22.1M | 0.02% |
266,960
-16,988
| -6% | -$1.41M |
|
|
NUAN
552
DELISTED
Nuance Communications, Inc.
NUAN
| $21.8M | 0.02% |
655,439
+20,245
| +3% | +$672K |
|
553
Lennox International
LII
$19B
| $21.7M | 0.02% |
79,666
+2,110
| +3% | +$575K |
|
554
Bio-Techne
TECH
$8.24B
| $21.7M | 0.02% |
350,064
+9,432
| +3% | +$584K |
|
|
WRK
555
DELISTED
WestRock Company
WRK
| $21.6M | 0.02% |
621,310
+24,283
| +4% | +$844K |
|
556
United Airlines
UAL
$34.1B
| $21.6M | 0.02% |
620,960
-499
| -0.1% | -$17.3K |
|
557
StoneCo
STNE
$5.13B
| $21.6M | 0.02% |
407,713
+91,713
| +29% | +$4.85M |
|
558
Fox Class A
FOXA
$26.7B
| $21.5M | 0.02% |
774,117
+19,304
| +3% | +$537K |
|
559
Huntington Bancshares
HBAN
$26.1B
| $21.5M | 0.02% |
2,343,240
+65,674
| +3% | +$602K |
|
|
WORK
560
DELISTED
Slack Technologies, Inc.
WORK
| $21.5M | 0.02% |
799,327
+35,827
| +5% | +$962K |
|
561
Medical Properties Trust
MPW
$3.03B
| $21.2M | 0.02% |
1,202,601
+28,699
| +2% | +$506K |
|
562
Allegion
ALLE
$15.3B
| $20.9M | 0.02% |
211,485
+5,432
| +3% | +$537K |
|
563
Zscaler
ZS
$46.1B
| $20.7M | 0.02% |
147,412
+4,212
| +3% | +$593K |
|
564
Essential Utilities
WTRG
$10.4B
| $20.7M | 0.02% |
515,043
-32,958
| -6% | -$1.33M |
|
565
Raymond James Financial
RJF
$34.7B
| $20.7M | 0.02% |
427,157
+11,649
| +3% | +$565K |
|
566
IAC Inc
IAC
$3.05B
| $20.5M | 0.02% |
314,072
-621,788
| -66% | -$40.7M |
|
567
Toro Company
TTC
$7.82B
| $20.5M | 0.02% |
244,388
+4,998
| +2% | +$420K |
|
568
ON Semiconductor
ON
$21.2B
| $20.4M | 0.02% |
942,021
+32,444
| +4% | +$704K |
|
569
Dayforce
DAY
$10.9B
| $20.4M | 0.02% |
246,413
+8,818
| +4% | +$729K |
|
570
Neurocrine Biosciences
NBIX
$14.4B
| $20.3M | 0.02% |
211,206
+5,200
| +3% | +$500K |
|
571
Enphase Energy
ENPH
$5.03B
| $20.2M | 0.02% |
244,707
+5,706
| +2% | +$471K |
|
572
Baker Hughes
BKR
$46.6B
| $19.9M | 0.02% |
1,497,793
+36,780
| +3% | +$489K |
|
573
Albemarle
ALB
$9.52B
| $19.8M | 0.02% |
222,211
+6,284
| +3% | +$561K |
|
574
PTC
PTC
$24.7B
| $19.8M | 0.02% |
239,559
+27,159
| +13% | +$2.25M |
|
575
Chegg
CHGG
$182M
| $19.8M | 0.02% |
277,372
+30,444
| +12% | +$2.17M |
|