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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
lululemon athletica
LULU
$19.4B
| $21.4M | 0.03% |
272,773
+55,891
| +26% | +$4.39M |
|
577
Garmin
GRMN
$45.4B
| $21.2M | 0.03% |
356,379
+7,722
| +2% | +$460K |
|
578
Targa Resources
TRGP
$35.2B
| $21.2M | 0.03% |
437,255
+13,200
| +3% | +$639K |
|
579
Exelixis
EXEL
$10.1B
| $21.1M | 0.03% |
694,705
+31,166
| +5% | +$947K |
|
580
Jacobs Solutions
J
$17.3B
| $21M | 0.03% |
385,777
+18,660
| +5% | +$1.02M |
|
|
SNI
581
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $21M | 0.03% |
245,473
+11,478
| +5% | +$980K |
|
|
DISH
582
DELISTED
DISH Network Corp.
DISH
| $20.9M | 0.03% |
438,651
+15,978
| +4% | +$763K |
|
|
PBCT
583
DELISTED
People's United Financial Inc
PBCT
| $20.9M | 0.03% |
1,115,786
+32,675
| +3% | +$611K |
|
584
UGI
UGI
$7.38B
| $20.7M | 0.03% |
441,848
+13,009
| +3% | +$611K |
|
|
VER
585
DELISTED
VEREIT, Inc.
VER
| $20.7M | 0.03% |
531,685
+45,819
| +9% | +$1.78M |
|
586
Regency Centers
REG
$13.1B
| $20.6M | 0.03% |
298,358
+9,867
| +3% | +$683K |
|
587
Advanced Micro Devices
AMD
$259B
| $20.6M | 0.03% |
2,006,066
+483,537
| +32% | +$4.97M |
|
588
Acuity Brands
AYI
$10.1B
| $20.5M | 0.03% |
116,195
+5,278
| +5% | +$929K |
|
589
Alkermes
ALKS
$4.45B
| $20.4M | 0.03% |
373,146
+138,846
| +59% | +$7.6M |
|
590
Camden Property Trust
CPT
$11.6B
| $20.3M | 0.03% |
220,780
-503
| -0.2% | -$46.3K |
|
591
Hubbell
HUBB
$23.5B
| $20.3M | 0.03% |
150,181
-583
| -0.4% | -$78.9K |
|
|
CIT
592
DELISTED
CIT Group Inc.
CIT
| $20.2M | 0.03% |
410,472
-26,069
| -6% | -$1.28M |
|
593
Gaming and Leisure Properties
GLPI
$13.6B
| $20.1M | 0.03% |
544,202
+34,284
| +7% | +$1.27M |
|
594
Chemours
CC
$2.44B
| $20.1M | 0.03% |
400,785
-59,625
| -13% | -$2.98M |
|
595
Toro Company
TTC
$7.68B
| $20.1M | 0.03% |
307,548
-8,073
| -3% | -$527K |
|
596
Murphy Oil
MUR
$3.72B
| $19.9M | 0.03% |
641,920
-22,720
| -3% | -$705K |
|
597
Wolfspeed
WOLF
$230M
| $19.9M | 0.03% |
535,816
-103,336
| -16% | -$3.84M |
|
598
AerCap
AER
$21.7B
| $19.8M | 0.03% |
377,281
+19,937
| +6% | +$1.05M |
|
599
Qorvo
QRVO
$8.26B
| $19.8M | 0.03% |
297,832
+8,500
| +3% | +$566K |
|
|
CY
600
DELISTED
Cypress Semiconductor
CY
| $19.8M | 0.03% |
1,297,703
+50,403
| +4% | +$768K |
|