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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NUAN
651
DELISTED
Nuance Communications, Inc.
NUAN
| $10.9M | 0.01% |
649,922
-37,437
| -5% | -$628K |
|
652
PG&E
PCG
$33.5B
| $10.8M | 0.01% |
1,205,491
-56,028
| -4% | -$504K |
|
653
Steel Dynamics
STLD
$19.5B
| $10.8M | 0.01% |
477,722
-33,559
| -7% | -$756K |
|
654
Lyft
LYFT
$7.87B
| $10.7M | 0.01% |
398,600
+62,100
| +18% | +$1.67M |
|
655
Hawaiian Electric Industries
HE
$2.08B
| $10.7M | 0.01% |
248,157
-13,400
| -5% | -$577K |
|
656
Acadia Pharmaceuticals
ACAD
$4.02B
| $10.6M | 0.01% |
251,085
-28,642
| -10% | -$1.21M |
|
657
Kemper
KMPR
$3.32B
| $10.6M | 0.01% |
142,579
-109,912
| -44% | -$8.17M |
|
|
TECD
658
DELISTED
Tech Data Corp
TECD
| $10.6M | 0.01% |
80,929
-6,295
| -7% | -$824K |
|
659
Trex
TREX
$6.43B
| $10.6M | 0.01% |
264,244
-76,316
| -22% | -$3.06M |
|
|
HDS
660
DELISTED
HD Supply Holdings, Inc.
HDS
| $10.6M | 0.01% |
371,896
-12,059
| -3% | -$343K |
|
661
First American
FAF
$6.74B
| $10.6M | 0.01% |
248,759
-12,221
| -5% | -$518K |
|
662
Ares Capital
ARCC
$15.8B
| $10.5M | 0.01% |
977,800
-38,400
| -4% | -$414K |
|
663
Dayforce
DAY
$10.9B
| $10.5M | 0.01% |
209,701
+9,333
| +5% | +$467K |
|
664
Franklin Resources
BEN
$12.6B
| $10.5M | 0.01% |
628,466
-42,504
| -6% | -$709K |
|
665
Sonoco
SON
$4.54B
| $10.5M | 0.01% |
226,168
+3,300
| +1% | +$153K |
|
666
Aecom
ACM
$16.6B
| $10.5M | 0.01% |
350,892
-6,010
| -2% | -$179K |
|
667
BWX Technologies
BWXT
$15.2B
| $10.4M | 0.01% |
214,058
+3,209
| +2% | +$156K |
|
668
Penumbra
PEN
$10.6B
| $10.4M | 0.01% |
64,500
-3,300
| -5% | -$532K |
|
669
Rexford Industrial Realty
REXR
$10.1B
| $10.4M | 0.01% |
253,386
-125,967
| -33% | -$5.17M |
|
670
FIVE9
FIVN
$1.95B
| $10.3M | 0.01% |
134,901
-24,744
| -15% | -$1.89M |
|
671
FTI Consulting
FCN
$5.23B
| $10.3M | 0.01% |
86,023
-54,318
| -39% | -$6.51M |
|
672
Sensata Technologies
ST
$4.59B
| $10.3M | 0.01% |
355,348
-97
| -0% | -$2.81K |
|
|
BERY
673
DELISTED
Berry Global Group, Inc.
BERY
| $10.3M | 0.01% |
331,629
-15,535
| -4% | -$481K |
|
674
WEX
WEX
$5.81B
| $10.3M | 0.01% |
98,143
-16,863
| -15% | -$1.76M |
|
675
Quanta Services
PWR
$58.1B
| $10.3M | 0.01% |
323,312
-62,430
| -16% | -$1.98M |
|