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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBC
576
DELISTED
WABCO HOLDINGS INC.
WBC
| $20.8M | 0.03% |
155,388
-8,018
| -5% | -$1.07M |
|
577
Qorvo
QRVO
$8.26B
| $20.8M | 0.03% |
295,182
-2,650
| -0.9% | -$187K |
|
578
AerCap
AER
$21.7B
| $20.7M | 0.03% |
408,874
+31,593
| +8% | +$1.6M |
|
579
Melco Resorts & Entertainment
MLCO
$3.8B
| $20.7M | 0.03% |
714,680
-234,196
| -25% | -$6.79M |
|
580
Liberty Global Class A
LBTYA
$3.93B
| $20.5M | 0.03% |
656,101
+36,291
| +6% | +$1.14M |
|
581
Alkermes
ALKS
$4.45B
| $20.5M | 0.03% |
354,222
-18,924
| -5% | -$1.1M |
|
|
XYZ
582
Block, Inc.
XYZ
$45B
| $20.4M | 0.03% |
415,278
+13,895
| +3% | +$684K |
|
|
PBCT
583
DELISTED
People's United Financial Inc
PBCT
| $20.3M | 0.03% |
1,085,266
-30,520
| -3% | -$570K |
|
584
AES
AES
$9.06B
| $20.2M | 0.03% |
1,773,425
-256,701
| -13% | -$2.92M |
|
585
Jazz Pharmaceuticals
JAZZ
$7.7B
| $20.2M | 0.03% |
133,472
+8,633
| +7% | +$1.3M |
|
|
NBIS
586
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.3B
| $20.1M | 0.03% |
509,956
-34,049
| -6% | -$1.34M |
|
587
United Therapeutics
UTHR
$17.9B
| $20M | 0.03% |
178,352
+15,142
| +9% | +$1.7M |
|
588
EQT Corp
EQT
$31.9B
| $20M | 0.03% |
773,890
-27,152
| -3% | -$702K |
|
589
Cognex
CGNX
$7.45B
| $19.9M | 0.03% |
382,117
-50,772
| -12% | -$2.64M |
|
590
Fortinet
FTNT
$60.9B
| $19.7M | 0.03% |
1,840,205
+657,410
| +56% | +$7.04M |
|
591
UGI
UGI
$7.38B
| $19.7M | 0.03% |
443,287
+1,439
| +0.3% | +$63.9K |
|
592
Sensata Technologies
ST
$4.59B
| $19.5M | 0.03% |
377,174
+15,931
| +4% | +$826K |
|
593
First Solar
FSLR
$21.9B
| $19.5M | 0.03% |
275,381
-94,875
| -26% | -$6.73M |
|
594
W.R. Berkley
WRB
$27.4B
| $19.5M | 0.03% |
906,400
+8,441
| +0.9% | +$182K |
|
595
Trimble
TRMB
$19.1B
| $19.5M | 0.03% |
543,802
-69,559
| -11% | -$2.5M |
|
|
ULTI
596
DELISTED
Ultimate Software Group Inc
ULTI
| $19.2M | 0.03% |
78,935
-1,289
| -2% | -$314K |
|
597
Jacobs Solutions
J
$17.3B
| $19.2M | 0.03% |
391,773
+5,996
| +2% | +$293K |
|
598
MarketAxess Holdings
MKTX
$6.9B
| $19.1M | 0.03% |
87,973
-3,551
| -4% | -$772K |
|
599
Camden Property Trust
CPT
$11.6B
| $19.1M | 0.03% |
227,215
+6,435
| +3% | +$542K |
|
600
KKR & Co
KKR
$124B
| $19.1M | 0.03% |
938,755
+79,622
| +9% | +$1.62M |
|