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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Snap-on
SNA
$16.9B
| $22.2M | 0.02% |
131,316
-21,384
| -14% | -$3.62M |
|
577
Whirlpool
WHR
$5.24B
| $22.2M | 0.02% |
150,179
-15,361
| -9% | -$2.27M |
|
578
Fortune Brands Innovations
FBIN
$7.05B
| $22.1M | 0.02% |
396,457
-36,368
| -8% | -$2.03M |
|
|
INXN
579
DELISTED
Interxion Holding N.V.
INXN
| $22M | 0.02% |
262,670
+116,197
| +79% | +$9.74M |
|
580
Altice USA
ATUS
$1.09B
| $22M | 0.02% |
804,249
+47,156
| +6% | +$1.29M |
|
581
Jones Lang LaSalle
JLL
$14.6B
| $22M | 0.02% |
126,222
-20,334
| -14% | -$3.54M |
|
582
Icon
ICLR
$12.9B
| $22M | 0.02% |
127,571
+7,922
| +7% | +$1.36M |
|
583
JB Hunt Transport Services
JBHT
$13.3B
| $21.8M | 0.02% |
186,386
-95,428
| -34% | -$11.1M |
|
584
Tapestry
TPR
$21.9B
| $21.7M | 0.02% |
806,255
+124,107
| +18% | +$3.35M |
|
585
Cognex
CGNX
$7.45B
| $21.7M | 0.02% |
386,899
+17,098
| +5% | +$958K |
|
586
Interpublic Group of Companies
IPG
$9.51B
| $21.6M | 0.02% |
933,491
-78,638
| -8% | -$1.82M |
|
|
AZPN
587
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $21.4M | 0.02% |
176,735
-5,975
| -3% | -$723K |
|
|
ZEN
588
DELISTED
ZENDESK INC
ZEN
| $21.2M | 0.02% |
276,983
+25,192
| +10% | +$1.93M |
|
589
APA Corp
APA
$8.33B
| $21.2M | 0.02% |
829,103
+109,745
| +15% | +$2.81M |
|
590
Guidewire Software
GWRE
$21.3B
| $21.2M | 0.02% |
192,953
+29,531
| +18% | +$3.24M |
|
591
ZTO Express
ZTO
$15.4B
| $21.1M | 0.02% |
904,846
+280,036
| +45% | +$6.54M |
|
592
Molson Coors Class B
TAP
$9.7B
| $21M | 0.02% |
389,531
-21,165
| -5% | -$1.14M |
|
593
Arrowhead Research
ARWR
$3.99B
| $20.9M | 0.02% |
330,029
+42,079
| +15% | +$2.67M |
|
|
DISH
594
DELISTED
DISH Network Corp.
DISH
| $20.9M | 0.02% |
590,181
+144,931
| +33% | +$5.14M |
|
595
Gaming and Leisure Properties
GLPI
$13.6B
| $20.9M | 0.02% |
484,482
+17,997
| +4% | +$775K |
|
596
Universal Display
OLED
$6.52B
| $20.7M | 0.02% |
100,633
+4,809
| +5% | +$991K |
|
597
Nordson
NDSN
$12.6B
| $20.7M | 0.02% |
127,183
+6,018
| +5% | +$980K |
|
598
Targa Resources
TRGP
$35.2B
| $20.6M | 0.02% |
504,747
+38,567
| +8% | +$1.57M |
|
599
Bright Horizons
BFAM
$6.36B
| $20.6M | 0.02% |
137,028
-10,874
| -7% | -$1.63M |
|
600
Neurocrine Biosciences
NBIX
$14B
| $20.6M | 0.02% |
191,425
+40,025
| +26% | +$4.3M |
|