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 |
Netflix
NFLX
|
+$376M |
| 2 |
Charter Communications
CHTR
|
+$360M |
| 3 |
Costco
COST
|
+$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$185M |
| 5 |
Microsoft
MSFT
|
+$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
+$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$174M |
| 3 |
Labcorp
LH
|
+$151M |
| 4 |
Stryker
SYK
|
+$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Hubbell
HUBB
$23.5B
| $22.3M | 0.02% |
123,404
+331
| +0.3% | +$59.8K |
|
627
CubeSmart
CUBE
$9.29B
| $22.3M | 0.02% |
459,353
+7,664
| +2% | +$371K |
|
628
IAC Inc
IAC
$2.88B
| $22.2M | 0.02% |
207,944
+162
| +0.1% | +$17.3K |
|
629
RPM International
RPM
$16B
| $22.2M | 0.02% |
286,148
-4,425
| -2% | -$344K |
|
630
Norwegian Cruise Line
NCLH
$11.5B
| $22.1M | 0.02% |
825,706
-4,071
| -0.5% | -$109K |
|
631
Lear
LEA
$5.76B
| $21.9M | 0.02% |
140,120
-2,643
| -2% | -$414K |
|
632
FIVE9
FIVN
$1.95B
| $21.9M | 0.02% |
136,782
+1,007
| +0.7% | +$161K |
|
633
Manhattan Associates
MANH
$12.8B
| $21.8M | 0.02% |
142,367
-944
| -0.7% | -$144K |
|
634
Five Below
FIVE
$8.05B
| $21.8M | 0.02% |
123,204
+187
| +0.2% | +$33.1K |
|
635
Huazhu Hotels Group
HTHT
$11.4B
| $21.7M | 0.02% |
474,247
+21,239
| +5% | +$974K |
|
|
CONE
636
DELISTED
CyrusOne Inc Common Stock
CONE
| $21.6M | 0.02% |
278,826
-952
| -0.3% | -$73.7K |
|
637
Cable One
CABO
$893M
| $21.5M | 0.02% |
11,855
+812
| +7% | +$1.47M |
|
638
Alcoa
AA
$8.01B
| $21.3M | 0.02% |
435,772
-10,253
| -2% | -$502K |
|
639
WIX.com
WIX
$9.13B
| $21.2M | 0.02% |
108,261
+491
| +0.5% | +$96.2K |
|
640
Middleby
MIDD
$6.99B
| $21.1M | 0.02% |
123,596
+368
| +0.3% | +$62.7K |
|
641
Owens Corning
OC
$12.8B
| $21M | 0.02% |
245,437
-5,350
| -2% | -$457K |
|
642
Reliance Steel & Aluminium
RS
$15.4B
| $21M | 0.02% |
147,263
-5,772
| -4% | -$822K |
|
643
UGI
UGI
$7.38B
| $20.9M | 0.02% |
490,910
-11,143
| -2% | -$475K |
|
|
SGI
644
Somnigroup International Inc.
SGI
$17.9B
| $20.9M | 0.02% |
450,472
-11,282
| -2% | -$524K |
|
645
Federal Realty Investment Trust
FRT
$8.67B
| $20.8M | 0.02% |
176,444
+1,678
| +1% | +$198K |
|
646
HEICO Class A
HEI.A
$35B
| $20.8M | 0.02% |
175,747
+957
| +0.5% | +$113K |
|
647
Dropbox
DBX
$8.29B
| $20.7M | 0.02% |
708,116
-4,213
| -0.6% | -$123K |
|
648
Crocs
CROX
$4.43B
| $20.7M | 0.02% |
143,995
-3,383
| -2% | -$485K |
|
649
Aecom
ACM
$16.6B
| $20.6M | 0.02% |
326,183
-10,256
| -3% | -$648K |
|
650
PagSeguro Digital
PAGS
$2.7B
| $20.6M | 0.02% |
397,467
+729
| +0.2% | +$37.7K |
|