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 |
IBM
IBM
|
+$170M |
| 2 |
Mondelez International
MDLZ
|
+$92M |
| 3 |
Warner Bros
WBD
|
+$86.5M |
| 4 |
Roper Technologies
ROP
|
+$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
+$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
Microsoft
MSFT
|
+$207M |
| 3 |
AT&T
T
|
+$206M |
| 4 |
Amazon
AMZN
|
+$198M |
| 5 |
CERN
Cerner Corp
CERN
|
+$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
RLI Corp
RLI
$6.16B
| $18M | 0.02% |
309,390
+131,158
| +74% | +$7.65M |
|
577
Huntington Ingalls Industries
HII
$10.5B
| $17.9M | 0.02% |
82,358
-3,160
| -4% | -$688K |
|
578
Etsy
ETSY
$5.55B
| $17.9M | 0.02% |
244,184
-10,797
| -4% | -$790K |
|
579
CubeSmart
CUBE
$9.29B
| $17.9M | 0.02% |
418,179
-12,838
| -3% | -$548K |
|
|
EXE
580
Expand Energy Corporation Common Stock
EXE
$22.6B
| $17.9M | 0.02% |
220,271
-3,191
| -1% | -$259K |
|
581
Medical Properties Trust
MPW
$2.77B
| $17.9M | 0.02% |
1,169,817
-22,211
| -2% | -$339K |
|
582
Annaly Capital Management
NLY
$14.3B
| $17.8M | 0.02% |
754,009
+8,011
| +1% | +$189K |
|
583
East-West Bancorp
EWBC
$14.9B
| $17.8M | 0.02% |
274,940
-12,794
| -4% | -$829K |
|
|
ONC
584
BeOne Medicines Ltd. American Depositary Shares
ONC
$38.6B
| $17.8M | 0.02% |
110,059
-89,908
| -45% | -$14.6M |
|
585
Rogers Corp
ROG
$1.44B
| $17.8M | 0.02% |
67,897
+27,598
| +68% | +$7.23M |
|
586
Vail Resorts
MTN
$5.48B
| $17.7M | 0.02% |
81,391
-2,958
| -4% | -$645K |
|
587
Equitable Holdings
EQH
$15.8B
| $17.7M | 0.02% |
680,088
-25,583
| -4% | -$667K |
|
588
Credicorp
BAP
$20.9B
| $17.7M | 0.02% |
147,766
-1,783
| -1% | -$214K |
|
589
First Citizens BancShares
FCNCA
$25.1B
| $17.6M | 0.02% |
26,891
| – | – |
|
590
Whirlpool
WHR
$5.24B
| $17.4M | 0.02% |
112,444
-7,013
| -6% | -$1.09M |
|
591
Burlington
BURL
$17.7B
| $17.4M | 0.02% |
127,672
-7,162
| -5% | -$976K |
|
592
HEICO Class A
HEI.A
$34.8B
| $17.4M | 0.02% |
164,796
-5,727
| -3% | -$604K |
|
|
HR
593
DELISTED
Healthcare Realty Trust Incorporated
HR
| $17.3M | 0.02% |
636,707
+302,352
| +90% | +$8.22M |
|
594
BJs Wholesale Club
BJ
$12.8B
| $17.3M | 0.02% |
277,051
-13,274
| -5% | -$827K |
|
595
Aecom
ACM
$16.5B
| $17.3M | 0.02% |
264,542
-14,368
| -5% | -$937K |
|
596
Rexford Industrial Realty
REXR
$10.1B
| $17.2M | 0.02% |
299,247
-3,555
| -1% | -$205K |
|
|
BHVN
597
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $17M | 0.02% |
116,708
-750
| -0.6% | -$109K |
|
598
Sealed Air
SEE
$4.91B
| $16.9M | 0.02% |
292,291
-17,303
| -6% | -$999K |
|
599
Reinsurance Group of America
RGA
$12.6B
| $16.8M | 0.02% |
142,829
-5,239
| -4% | -$614K |
|
600
Alcoa
AA
$8.1B
| $16.7M | 0.02% |
367,292
-25,492
| -6% | -$1.16M |
|