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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Ciena
CIEN
$18.4B
| $13.6M | 0.02% |
342,807
-21,182
| -6% | -$843K |
|
|
DISCK
577
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $13.6M | 0.02% |
777,029
-99,842
| -11% | -$1.75M |
|
578
Ionis Pharmaceuticals
IONS
$10.2B
| $13.5M | 0.02% |
286,553
-16,100
| -5% | -$761K |
|
579
Snap-on
SNA
$16.9B
| $13.5M | 0.02% |
124,182
-7,134
| -5% | -$776K |
|
580
Guidewire Software
GWRE
$21.3B
| $13.5M | 0.02% |
170,244
-22,709
| -12% | -$1.8M |
|
581
American Homes 4 Rent
AMH
$12.7B
| $13.5M | 0.02% |
581,343
+25,200
| +5% | +$585K |
|
582
Compañía de Minas Buenaventura
BVN
$5.09B
| $13.5M | 0.02% |
1,848,537
+84,823
| +5% | +$618K |
|
583
Moderna
MRNA
$9.46B
| $13.5M | 0.02% |
449,100
+7,000
| +2% | +$210K |
|
|
ZNGA
584
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $13.4M | 0.02% |
1,957,175
+51,032
| +3% | +$350K |
|
585
Reliance Steel & Aluminium
RS
$15.4B
| $13.3M | 0.02% |
152,252
-51,261
| -25% | -$4.49M |
|
586
SEI Investments
SEIC
$10.7B
| $13.3M | 0.02% |
287,584
-18,254
| -6% | -$846K |
|
587
Bright Horizons
BFAM
$6.36B
| $13.3M | 0.02% |
130,586
-6,442
| -5% | -$657K |
|
|
ABMD
588
DELISTED
Abiomed Inc
ABMD
| $13.3M | 0.02% |
91,638
-5,000
| -5% | -$726K |
|
589
Vail Resorts
MTN
$5.37B
| $13.3M | 0.02% |
90,001
-17,227
| -16% | -$2.54M |
|
590
Live Nation Entertainment
LYV
$39.6B
| $13.3M | 0.02% |
291,486
-51,106
| -15% | -$2.32M |
|
591
Lennox International
LII
$19.6B
| $13.2M | 0.02% |
72,850
-5,897
| -7% | -$1.07M |
|
592
NovoCure
NVCR
$1.37B
| $13.2M | 0.02% |
195,403
-37,879
| -16% | -$2.55M |
|
|
MLNX
593
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $13.1M | 0.02% |
108,226
-2,800
| -3% | -$340K |
|
594
MGM Resorts International
MGM
$9.79B
| $13.1M | 0.02% |
1,107,874
-106,209
| -9% | -$1.25M |
|
595
PTC
PTC
$24.5B
| $13M | 0.02% |
213,110
-11,800
| -5% | -$722K |
|
596
Royal Gold
RGLD
$12.3B
| $13M | 0.02% |
147,800
-7,500
| -5% | -$658K |
|
|
AMED
597
DELISTED
Amedisys
AMED
| $12.9M | 0.02% |
70,073
-13,622
| -16% | -$2.5M |
|
598
Generac Holdings
GNRC
$10.9B
| $12.8M | 0.02% |
137,717
-20,526
| -13% | -$1.91M |
|
|
PFPT
599
DELISTED
Proofpoint, Inc.
PFPT
| $12.8M | 0.02% |
124,668
-4,600
| -4% | -$472K |
|
600
Gaming and Leisure Properties
GLPI
$13.6B
| $12.7M | 0.02% |
460,005
-24,477
| -5% | -$678K |
|