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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
NIO
NIO
$13.9B
| $20.4M | 0.02% |
2,102,846
-107,600
| -5% | -$1.04M |
|
|
DOC
577
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $20.3M | 0.02% |
1,452,454
+164,392
| +13% | +$2.3M |
|
578
Lennox International
LII
$19.6B
| $20.3M | 0.02% |
62,289
-2,257
| -3% | -$736K |
|
579
American Homes 4 Rent
AMH
$12.8B
| $20.3M | 0.02% |
571,303
-169,094
| -23% | -$5.99M |
|
580
New Jersey Resources
NJR
$4.67B
| $20.2M | 0.02% |
428,785
+21,118
| +5% | +$997K |
|
581
Qorvo
QRVO
$8.45B
| $20.2M | 0.02% |
198,250
-6,418
| -3% | -$655K |
|
582
Five Below
FIVE
$7.78B
| $20.2M | 0.02% |
102,865
-4,379
| -4% | -$861K |
|
583
Charles River Laboratories
CRL
$7.77B
| $20.2M | 0.02% |
96,132
-2,625
| -3% | -$552K |
|
584
Pentair
PNR
$17.8B
| $20.1M | 0.02% |
311,671
-8,059
| -3% | -$521K |
|
585
Blackbaud
BLKB
$3.29B
| $20M | 0.02% |
280,790
+86,939
| +45% | +$6.19M |
|
586
Fox Class A
FOXA
$26.2B
| $19.9M | 0.02% |
586,019
-37,096
| -6% | -$1.26M |
|
587
Black Hills Corp
BKH
$4.25B
| $19.9M | 0.02% |
330,403
+188,588
| +133% | +$11.4M |
|
588
Dynatrace
DT
$15.1B
| $19.9M | 0.02% |
386,599
-11,782
| -3% | -$606K |
|
589
Globe Life
GL
$11.3B
| $19.8M | 0.02% |
180,826
-12,727
| -7% | -$1.4M |
|
590
Vail Resorts
MTN
$5.52B
| $19.8M | 0.02% |
78,728
-5,579
| -7% | -$1.4M |
|
591
Credicorp
BAP
$21.2B
| $19.7M | 0.02% |
133,549
-5,965
| -4% | -$881K |
|
592
Unum
UNM
$12.5B
| $19.7M | 0.02% |
412,019
-24,264
| -6% | -$1.16M |
|
593
Regal Rexnord
RRX
$9.36B
| $19.6M | 0.02% |
127,260
-9,451
| -7% | -$1.45M |
|
594
Eastman Chemical
EMN
$7.74B
| $19.5M | 0.02% |
233,074
-12,999
| -5% | -$1.09M |
|
595
Aramark
ARMK
$10B
| $19.5M | 0.02% |
627,375
+3,639
| +0.6% | +$113K |
|
596
Emcor
EME
$27.8B
| $19.5M | 0.02% |
105,377
-11,665
| -10% | -$2.16M |
|
597
Wendy's
WEN
$1.9B
| $19.5M | 0.02% |
895,029
+387,190
| +76% | +$8.42M |
|
|
SYNH
598
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $19.4M | 0.02% |
460,160
| – | – |
|
599
IPG Photonics
IPGP
$3.48B
| $19.4M | 0.02% |
142,696
+73,506
| +106% | +$9.98M |
|
|
SWAV
600
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $19.4M | 0.02% |
67,890
-2,522
| -4% | -$720K |
|