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 | |
|---|---|---|---|---|---|---|
|
MMP
601
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $17.9M | 0.02% |
522,188
+17,237
| +3% | +$590K |
|
602
Owens Corning
OC
$12.3B
| $17.8M | 0.02% |
259,352
+9,349
| +4% | +$643K |
|
603
GDS Holdings
GDS
$7.47B
| $17.8M | 0.02% |
217,424
+17,868
| +9% | +$1.46M |
|
604
Amdocs
DOX
$9.29B
| $17.8M | 0.02% |
309,354
+485
| +0.2% | +$27.8K |
|
605
Universal Display
OLED
$6.66B
| $17.7M | 0.02% |
98,129
+2,439
| +3% | +$441K |
|
606
Repligen
RGEN
$7B
| $17.7M | 0.02% |
119,856
+3,163
| +3% | +$467K |
|
607
Gaming and Leisure Properties
GLPI
$13.3B
| $17.7M | 0.02% |
478,487
+16,581
| +4% | +$612K |
|
608
Guardant Health
GH
$7.33B
| $17.7M | 0.02% |
157,953
+6,001
| +4% | +$671K |
|
609
Caesars Entertainment
CZR
$5.49B
| $17.7M | 0.02% |
314,846
+160,016
| +103% | +$8.97M |
|
610
Equitable Holdings
EQH
$16.3B
| $17.6M | 0.02% |
967,193
+34,828
| +4% | +$635K |
|
611
XPO
XPO
$15.5B
| $17.6M | 0.02% |
602,396
-3,016
| -0.5% | -$88.3K |
|
612
Quanta Services
PWR
$58.2B
| $17.6M | 0.02% |
332,932
+23,440
| +8% | +$1.24M |
|
613
Host Hotels & Resorts
HST
$12.1B
| $17.5M | 0.02% |
1,624,237
-9,188
| -0.6% | -$99.1K |
|
614
Watsco
WSO
$15.6B
| $17.5M | 0.02% |
75,143
+1,551
| +2% | +$361K |
|
615
Pentair
PNR
$18.3B
| $17.5M | 0.02% |
381,782
+6,872
| +2% | +$315K |
|
616
Bath & Body Works
BBWI
$5.42B
| $17.5M | 0.02% |
679,099
+48,144
| +8% | +$1.24M |
|
617
Apollo Global Management
APO
$82.1B
| $17.5M | 0.02% |
390,183
+7,636
| +2% | +$342K |
|
618
Dynatrace
DT
$14.7B
| $17.3M | 0.02% |
420,556
+81,875
| +24% | +$3.36M |
|
619
DaVita
DVA
$9.31B
| $17.2M | 0.02% |
200,833
+5,893
| +3% | +$505K |
|
620
Chemed
CHE
$6.68B
| $17.2M | 0.02% |
35,735
+667
| +2% | +$320K |
|
621
American Homes 4 Rent
AMH
$12.4B
| $17.2M | 0.02% |
602,546
+15,200
| +3% | +$433K |
|
|
AMED
622
DELISTED
Amedisys
AMED
| $17.1M | 0.02% |
72,524
+1,641
| +2% | +$388K |
|
|
PLAN
623
DELISTED
Anaplan, Inc.
PLAN
| $17.1M | 0.02% |
273,854
+7,863
| +3% | +$492K |
|
624
Exelixis
EXEL
$10.9B
| $17.1M | 0.02% |
699,532
+18,352
| +3% | +$449K |
|
625
Hubbell
HUBB
$23.4B
| $17.1M | 0.02% |
124,706
+2,549
| +2% | +$349K |
|