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 |
Merck
MRK
|
+$266M |
| 2 |
Becton Dickinson
BDX
|
+$208M |
| 3 |
Apple
AAPL
|
+$188M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$175M |
| 5 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$170M |
Top Sells
| 1 |
Aflac
AFL
|
+$136M |
| 2 |
ONC
BeOne Medicines Ltd. American Depositary Shares
ONC
|
+$68.8M |
| 3 |
UDR
UDR
|
+$64.9M |
| 4 |
IMMU
Immunomedics Inc
IMMU
|
+$40.1M |
| 5 |
Arch Capital
ACGL
|
+$39.9M |
Sector Composition
| 1 | Technology | 22.31% |
| 2 | Healthcare | 14.28% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 11.96% |
| 5 | Communication Services | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Hasbro
HAS
$10.9B
| $26.4M | 0.02% |
281,998
+15,038
| +6% | +$1.41M |
|
577
FIVE9
FIVN
$1.95B
| $26.3M | 0.02% |
150,843
+20,826
| +16% | +$3.63M |
|
578
XPO
XPO
$15.3B
| $26.1M | 0.02% |
633,166
+30,770
| +5% | +$1.27M |
|
579
Allegion
ALLE
$14.6B
| $25.9M | 0.02% |
222,547
+11,062
| +5% | +$1.29M |
|
|
LSXMA
580
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $25.9M | 0.02% |
816,128
+34,932
| +4% | +$1.11M |
|
581
LKQ Corp
LKQ
$8.26B
| $25.8M | 0.02% |
733,221
+32,596
| +5% | +$1.15M |
|
582
Loews
L
$19.9B
| $25.6M | 0.02% |
568,080
+12,100
| +2% | +$545K |
|
583
Guardant Health
GH
$7.05B
| $25.4M | 0.02% |
197,143
+39,190
| +25% | +$5.05M |
|
584
Quanta Services
PWR
$58.1B
| $25.3M | 0.02% |
351,957
+19,025
| +6% | +$1.37M |
|
585
Carnival Corp
CCL
$42.5B
| $25.1M | 0.02% |
1,160,367
+78,941
| +7% | +$1.71M |
|
586
Sunrun
RUN
$3.74B
| $25M | 0.02% |
359,918
+111,786
| +45% | +$7.76M |
|
587
Host Hotels & Resorts
HST
$12.1B
| $24.9M | 0.02% |
1,703,200
+78,963
| +5% | +$1.16M |
|
588
Lincoln National
LNC
$7.88B
| $24.9M | 0.02% |
494,189
+29,301
| +6% | +$1.47M |
|
589
Vail Resorts
MTN
$5.37B
| $24.8M | 0.02% |
88,728
-2,813
| -3% | -$785K |
|
590
Equitable Holdings
EQH
$15.8B
| $24.7M | 0.02% |
964,378
-2,815
| -0.3% | -$72K |
|
591
Wynn Resorts
WYNN
$12.8B
| $24.6M | 0.02% |
217,747
+12,847
| +6% | +$1.45M |
|
592
Icon
ICLR
$12.9B
| $24.4M | 0.02% |
125,363
+5,389
| +4% | +$1.05M |
|
593
Repligen
RGEN
$6.76B
| $24.4M | 0.02% |
127,471
+7,615
| +6% | +$1.46M |
|
594
Vistra
VST
$70.9B
| $24.4M | 0.02% |
1,239,271
+60,814
| +5% | +$1.2M |
|
595
Lear
LEA
$5.76B
| $24.3M | 0.02% |
152,890
+7,412
| +5% | +$1.18M |
|
596
BILL Holdings
BILL
$5.38B
| $24M | 0.02% |
175,743
+51,574
| +42% | +$7.04M |
|
597
Guidewire Software
GWRE
$21.3B
| $24M | 0.02% |
186,086
+10,514
| +6% | +$1.35M |
|
598
Coca-Cola Europacific Partners
CCEP
$40.4B
| $23.9M | 0.02% |
480,429
-318,418
| -40% | -$15.9M |
|
599
Toro Company
TTC
$7.68B
| $23.9M | 0.02% |
251,911
+7,523
| +3% | +$713K |
|
600
Interpublic Group of Companies
IPG
$9.51B
| $23.8M | 0.02% |
1,013,221
+71,975
| +8% | +$1.69M |
|