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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
KE Holdings
BEKE
$23.5B
| $22.5M | 0.02% |
1,192,888
-197,395
| -14% | -$3.72M |
|
552
Alkermes
ALKS
$4.45B
| $22.3M | 0.02% |
790,700
+285,424
| +56% | +$8.05M |
|
553
Kimco Realty
KIM
$15.1B
| $22.1M | 0.02% |
1,131,279
-228,437
| -17% | -$4.46M |
|
554
Five Below
FIVE
$8.05B
| $22.1M | 0.02% |
107,244
-12,821
| -11% | -$2.64M |
|
555
Flex
FLEX
$21.7B
| $22.1M | 0.02% |
1,272,309
-168,387
| -12% | -$2.92M |
|
556
Healthpeak Properties
DOC
$12.5B
| $22M | 0.02% |
1,003,130
-154,175
| -13% | -$3.39M |
|
557
Novanta
NOVT
$4.14B
| $22M | 0.02% |
138,292
+1,227
| +0.9% | +$195K |
|
558
Loews
L
$19.9B
| $21.9M | 0.02% |
378,091
-92,280
| -20% | -$5.35M |
|
559
Watsco
WSO
$15.8B
| $21.8M | 0.02% |
68,669
-7,511
| -10% | -$2.39M |
|
560
New Jersey Resources
NJR
$4.71B
| $21.7M | 0.02% |
407,667
+171,342
| +73% | +$9.12M |
|
|
LSI
561
DELISTED
Life Storage, Inc.
LSI
| $21.7M | 0.02% |
165,191
-25,930
| -14% | -$3.4M |
|
562
Bio-Techne
TECH
$7.93B
| $21.6M | 0.02% |
291,673
-56,399
| -16% | -$4.18M |
|
563
Regency Centers
REG
$13.1B
| $21.4M | 0.02% |
350,366
-57,110
| -14% | -$3.49M |
|
564
Portland General Electric
POR
$4.63B
| $21.4M | 0.02% |
437,542
+130,040
| +42% | +$6.36M |
|
565
Masco
MAS
$15.3B
| $21.4M | 0.02% |
429,955
-86,229
| -17% | -$4.29M |
|
566
DocuSign
DOCU
$15.9B
| $21.4M | 0.02% |
366,521
-64,581
| -15% | -$3.77M |
|
567
Texas Pacific Land
TPL
$21.6B
| $21.3M | 0.02% |
37,575
+24
| +0.1% | +$13.6K |
|
568
Globe Life
GL
$11.3B
| $21.3M | 0.02% |
193,553
-34,436
| -15% | -$3.79M |
|
569
Fox Class A
FOXA
$25.5B
| $21.2M | 0.02% |
623,115
-91,813
| -13% | -$3.13M |
|
570
Qorvo
QRVO
$8.26B
| $20.8M | 0.02% |
204,668
-36,930
| -15% | -$3.75M |
|
571
Eastman Chemical
EMN
$7.47B
| $20.8M | 0.02% |
246,073
-39,467
| -14% | -$3.33M |
|
572
Exelixis
EXEL
$10.1B
| $20.7M | 0.02% |
1,065,626
-10,773
| -1% | -$209K |
|
573
Rexford Industrial Realty
REXR
$10.1B
| $20.6M | 0.02% |
345,927
-52,085
| -13% | -$3.11M |
|
574
Match Group
MTCH
$9.12B
| $20.5M | 0.02% |
535,171
-101,941
| -16% | -$3.91M |
|
575
ONE Gas
OGS
$4.5B
| $20.5M | 0.02% |
259,056
+125,261
| +94% | +$9.92M |
|