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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Guidewire Software
GWRE
$21.3B
| $17.2M | 0.02% |
163,422
+56,035
| +52% | +$5.9M |
|
627
Old Republic International
ORI
$9.92B
| $17M | 0.02% |
722,369
+223,232
| +45% | +$5.26M |
|
|
SGEN
628
DELISTED
Seagen Inc. Common Stock
SGEN
| $17M | 0.02% |
199,160
+44,800
| +29% | +$3.83M |
|
629
Gentex
GNTX
$6.15B
| $17M | 0.02% |
616,780
+146,206
| +31% | +$4.03M |
|
630
Owens Corning
OC
$12.8B
| $17M | 0.02% |
268,263
+41,050
| +18% | +$2.59M |
|
631
Allison Transmission
ALSN
$7.41B
| $16.9M | 0.02% |
360,156
+21,974
| +6% | +$1.03M |
|
|
DNKN
632
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $16.9M | 0.02% |
213,167
+51,965
| +32% | +$4.12M |
|
633
VICI Properties
VICI
$35.3B
| $16.7M | 0.02% |
735,661
+244,277
| +50% | +$5.53M |
|
634
Bio-Techne
TECH
$7.93B
| $16.6M | 0.02% |
339,868
+63,960
| +23% | +$3.13M |
|
|
ABMD
635
DELISTED
Abiomed Inc
ABMD
| $16.6M | 0.02% |
93,240
+32,393
| +53% | +$5.76M |
|
636
Hanover Insurance
THG
$6.37B
| $16.5M | 0.02% |
121,951
+18,423
| +18% | +$2.5M |
|
637
Chemed
CHE
$6.57B
| $16.5M | 0.02% |
39,486
+11,006
| +39% | +$4.6M |
|
638
Hexcel
HXL
$4.93B
| $16.4M | 0.02% |
200,284
+49,937
| +33% | +$4.1M |
|
639
Dell
DELL
$84.2B
| $16.4M | 0.02% |
625,110
+206,862
| +49% | +$5.44M |
|
640
Assured Guaranty
AGO
$3.89B
| $16.4M | 0.02% |
369,148
+36,830
| +11% | +$1.64M |
|
641
Invesco
IVZ
$9.88B
| $16.4M | 0.02% |
968,179
+126,128
| +15% | +$2.14M |
|
642
Entegris
ENTG
$12B
| $16.4M | 0.02% |
348,455
+105,948
| +44% | +$4.99M |
|
643
Rithm Capital
RITM
$6.63B
| $16.3M | 0.02% |
1,039,949
+387,518
| +59% | +$6.08M |
|
644
BorgWarner
BWA
$9.34B
| $16.3M | 0.02% |
503,881
+99,292
| +25% | +$3.21M |
|
645
CACI
CACI
$10.7B
| $16.2M | 0.02% |
69,974
+12,610
| +22% | +$2.92M |
|
646
Encompass Health
EHC
$12.6B
| $16.2M | 0.02% |
320,956
+129,089
| +67% | +$6.5M |
|
647
Sealed Air
SEE
$4.83B
| $16.2M | 0.02% |
389,107
+29,838
| +8% | +$1.24M |
|
648
Universal Display
OLED
$6.52B
| $16.1M | 0.02% |
95,824
+19,183
| +25% | +$3.22M |
|
|
WBC
649
DELISTED
WABCO HOLDINGS INC.
WBC
| $16.1M | 0.02% |
120,125
+20,804
| +21% | +$2.78M |
|
650
PVH
PVH
$3.93B
| $16M | 0.02% |
181,689
+52,268
| +40% | +$4.61M |
|