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 | |
|---|---|---|---|---|---|---|
626
Genpact
G
$7.19B
| $17M | 0.02% |
435,482
+10,322
| +2% | +$402K |
|
627
Fastly
FSLY
$1.32B
| $16.9M | 0.02% |
180,123
+17,448
| +11% | +$1.63M |
|
628
FIVE9
FIVN
$2.06B
| $16.9M | 0.02% |
130,017
+3,216
| +3% | +$417K |
|
629
Service Corp International
SCI
$11.3B
| $16.8M | 0.02% |
398,742
+6,354
| +2% | +$268K |
|
630
Huazhu Hotels Group
HTHT
$11.7B
| $16.7M | 0.01% |
386,344
+31,483
| +9% | +$1.36M |
|
631
Williams-Sonoma
WSM
$24.2B
| $16.7M | 0.01% |
368,314
+13,170
| +4% | +$596K |
|
632
Boston Beer
SAM
$2.44B
| $16.6M | 0.01% |
18,823
+972
| +5% | +$859K |
|
633
AptarGroup
ATR
$8.88B
| $16.6M | 0.01% |
146,787
+3,295
| +2% | +$373K |
|
|
DISH
634
DELISTED
DISH Network Corp.
DISH
| $16.6M | 0.01% |
570,273
+20,211
| +4% | +$587K |
|
635
Carnival Corp
CCL
$42.5B
| $16.4M | 0.01% |
1,081,426
+21,956
| +2% | +$333K |
|
636
Tencent Music
TME
$38.9B
| $16.3M | 0.01% |
1,105,289
+19,246
| +2% | +$284K |
|
637
Live Nation Entertainment
LYV
$38.2B
| $16.3M | 0.01% |
301,866
+10,785
| +4% | +$581K |
|
|
LVGO
638
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $16.2M | 0.01% |
115,400
+5,700
| +5% | +$798K |
|
639
Compañía de Minas Buenaventura
BVN
$5.07B
| $16.1M | 0.01% |
1,318,459
-497,021
| -27% | -$6.07M |
|
640
A.O. Smith
AOS
$10.2B
| $16.1M | 0.01% |
304,674
+5,026
| +2% | +$265K |
|
641
Floor & Decor
FND
$9.42B
| $16M | 0.01% |
214,367
+48,619
| +29% | +$3.64M |
|
642
New York Times
NYT
$9.5B
| $16M | 0.01% |
374,685
+11,158
| +3% | +$477K |
|
|
IAA
643
DELISTED
IAA, Inc. Common Stock
IAA
| $16M | 0.01% |
307,597
+8,212
| +3% | +$428K |
|
644
UGI
UGI
$7.11B
| $16M | 0.01% |
485,220
+13,218
| +3% | +$436K |
|
645
CF Industries
CF
$13.7B
| $16M | 0.01% |
519,686
+35,577
| +7% | +$1.09M |
|
646
Lear
LEA
$5.72B
| $15.9M | 0.01% |
145,478
+5,682
| +4% | +$620K |
|
647
Globant
GLOB
$2.52B
| $15.8M | 0.01% |
88,117
+6,895
| +8% | +$1.24M |
|
648
Wolfspeed
WOLF
$396M
| $15.7M | 0.01% |
246,999
+26,699
| +12% | +$1.7M |
|
649
Vipshop
VIPS
$9.25B
| $15.7M | 0.01% |
1,005,548
+19,771
| +2% | +$309K |
|
|
MYOK
650
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $15.7M | 0.01% |
115,182
+4,818
| +4% | +$657K |
|