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 |
Netflix
NFLX
|
+$376M |
| 2 |
Charter Communications
CHTR
|
+$360M |
| 3 |
Costco
COST
|
+$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$185M |
| 5 |
Microsoft
MSFT
|
+$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
+$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$174M |
| 3 |
Labcorp
LH
|
+$151M |
| 4 |
Stryker
SYK
|
+$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Hasbro
HAS
$11.1B
| $25.8M | 0.02% |
289,121
-1,917
| -0.7% | -$171K |
|
577
Host Hotels & Resorts
HST
$12B
| $25.7M | 0.02% |
1,572,719
+141,329
| +10% | +$2.31M |
|
578
RH
RH
$4.36B
| $25.6M | 0.02% |
38,406
-402
| -1% | -$268K |
|
579
Comerica
CMA
$8.88B
| $25.4M | 0.02% |
315,079
-15,886
| -5% | -$1.28M |
|
580
PENN Entertainment
PENN
$2.93B
| $25.2M | 0.02% |
347,275
-3,235
| -0.9% | -$234K |
|
|
MRO
581
DELISTED
Marathon Oil Corporation
MRO
| $25M | 0.02% |
1,828,455
+26,752
| +1% | +$366K |
|
582
Equitable Holdings
EQH
$15.9B
| $24.9M | 0.02% |
841,533
-23,377
| -3% | -$693K |
|
583
Globant
GLOB
$2.64B
| $24.9M | 0.02% |
88,737
+1,524
| +2% | +$428K |
|
584
Las Vegas Sands
LVS
$37.1B
| $24.9M | 0.02% |
680,665
-2,179
| -0.3% | -$79.8K |
|
585
Western Alliance Bancorporation
WAL
$9.75B
| $24.9M | 0.02% |
228,713
+1,167
| +0.5% | +$127K |
|
586
Coca-Cola Europacific Partners
CCEP
$41.6B
| $24.9M | 0.02% |
449,997
+3,397
| +0.8% | +$188K |
|
587
Fair Isaac
FICO
$36.9B
| $24.8M | 0.02% |
62,422
-55
| -0.1% | -$21.9K |
|
588
Live Nation Entertainment
LYV
$39.3B
| $24.8M | 0.02% |
272,208
-5,724
| -2% | -$522K |
|
589
10x Genomics
TXG
$1.68B
| $24.7M | 0.02% |
169,821
-16,566
| -9% | -$2.41M |
|
|
DISH
590
DELISTED
DISH Network Corp.
DISH
| $24.7M | 0.02% |
567,639
-9,581
| -2% | -$416K |
|
591
East-West Bancorp
EWBC
$15.1B
| $24.5M | 0.02% |
316,468
-2,870
| -0.9% | -$223K |
|
592
Apollo Global Management
APO
$76.9B
| $24.4M | 0.02% |
396,675
-1,059
| -0.3% | -$65.2K |
|
593
Trex
TREX
$6.77B
| $24.3M | 0.02% |
238,270
-1,446
| -0.6% | -$147K |
|
594
Tencent Music
TME
$38.9B
| $24.2M | 0.02% |
3,339,387
+98,291
| +3% | +$713K |
|
595
American Homes 4 Rent
AMH
$12.9B
| $24.2M | 0.02% |
634,735
-1,311
| -0.2% | -$50K |
|
596
Tapestry
TPR
$21.9B
| $24.1M | 0.02% |
650,318
-13,048
| -2% | -$483K |
|
597
Vipshop
VIPS
$8.72B
| $24M | 0.02% |
2,154,673
-673,262
| -24% | -$7.5M |
|
|
FTCH
598
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $23.8M | 0.02% |
635,387
-68,774
| -10% | -$2.58M |
|
|
VER
599
DELISTED
VEREIT, Inc.
VER
| $23.7M | 0.02% |
524,647
+7,432
| +1% | +$336K |
|
600
Builders FirstSource
BLDR
$15.5B
| $23.7M | 0.02% |
457,649
+1,132
| +0.2% | +$58.6K |
|