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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CXO
576
DELISTED
CONCHO RESOURCES INC.
CXO
| $19.6M | 0.02% |
445,284
+8,381
| +2% | +$370K |
|
|
AZPN
577
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $19.6M | 0.02% |
154,839
+3,919
| +3% | +$496K |
|
578
Vail Resorts
MTN
$5.61B
| $19.6M | 0.02% |
91,541
+2,052
| +2% | +$439K |
|
579
LKQ Corp
LKQ
$8.01B
| $19.4M | 0.02% |
700,625
+17,271
| +3% | +$479K |
|
580
Bright Horizons
BFAM
$6.32B
| $19.4M | 0.02% |
127,714
-2,712
| -2% | -$412K |
|
581
Loews
L
$20.1B
| $19.3M | 0.02% |
555,980
+14,756
| +3% | +$513K |
|
582
Occidental Petroleum
OXY
$46.6B
| $19.1M | 0.02% |
1,912,468
+43,604
| +2% | +$436K |
|
583
Sunrun
RUN
$3.76B
| $19.1M | 0.02% |
248,132
+12,932
| +5% | +$997K |
|
584
Beyond Meat
BYND
$212M
| $19.1M | 0.02% |
115,100
+3,200
| +3% | +$531K |
|
585
Trex
TREX
$5.8B
| $19.1M | 0.02% |
266,872
+6,992
| +3% | +$501K |
|
586
Textron
TXT
$15B
| $19.1M | 0.02% |
528,060
+14,359
| +3% | +$518K |
|
|
LSXMA
587
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $19M | 0.02% |
781,196
+4,620
| +0.6% | +$113K |
|
588
QuidelOrtho
QDEL
$2.02B
| $18.8M | 0.02% |
85,505
+1,909
| +2% | +$419K |
|
|
CONE
589
DELISTED
CyrusOne Inc Common Stock
CONE
| $18.7M | 0.02% |
267,274
+9,781
| +4% | +$685K |
|
590
BorgWarner
BWA
$9.62B
| $18.6M | 0.02% |
546,175
+14,081
| +3% | +$480K |
|
|
GLIBA
591
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $18.6M | 0.02% |
227,173
+5,674
| +3% | +$465K |
|
|
ZNGA
592
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $18.6M | 0.02% |
2,037,052
+54,985
| +3% | +$501K |
|
593
Liberty Global Class C
LBTYK
$4.11B
| $18.5M | 0.02% |
902,614
-4,508
| -0.5% | -$92.6K |
|
594
Snap-on
SNA
$17.7B
| $18.4M | 0.02% |
125,368
+3,502
| +3% | +$515K |
|
595
Viatris
VTRS
$11.5B
| $18.4M | 0.02% |
1,238,111
+36,732
| +3% | +$545K |
|
596
Jazz Pharmaceuticals
JAZZ
$7.96B
| $18.3M | 0.02% |
128,637
+3,576
| +3% | +$510K |
|
597
Guidewire Software
GWRE
$20.8B
| $18.3M | 0.02% |
175,572
+4,800
| +3% | +$500K |
|
598
NRG Energy
NRG
$31.8B
| $18.2M | 0.02% |
592,131
+20,650
| +4% | +$635K |
|
599
Royal Gold
RGLD
$12.4B
| $18.1M | 0.02% |
151,022
+3,700
| +3% | +$445K |
|
600
Altice USA
ATUS
$1.27B
| $18.1M | 0.02% |
697,187
-22,965
| -3% | -$597K |
|