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 | |
|---|---|---|---|---|---|---|
651
Lithia Motors
LAD
$8.7B
| $20.5M | 0.02% |
64,727
-272
| -0.4% | -$86.2K |
|
652
Intellia Therapeutics
NTLA
$1.24B
| $20.5M | 0.02% |
152,884
+9,125
| +6% | +$1.22M |
|
653
Globe Life
GL
$11.3B
| $20.5M | 0.02% |
230,108
-11,669
| -5% | -$1.04M |
|
654
Cleveland-Cliffs
CLF
$5.55B
| $20.5M | 0.02% |
1,032,870
+2,450
| +0.2% | +$48.5K |
|
|
XEC
655
DELISTED
CIMAREX ENERGY CO
XEC
| $20.5M | 0.02% |
234,589
-1,391
| -0.6% | -$121K |
|
656
First Horizon
FHN
$11.5B
| $20.4M | 0.02% |
1,251,144
-34,884
| -3% | -$568K |
|
657
American Financial Group
AFG
$11.4B
| $20.3M | 0.02% |
160,994
-3,690
| -2% | -$464K |
|
658
Genpact
G
$7.48B
| $20.2M | 0.02% |
425,201
-12,722
| -3% | -$604K |
|
659
Lamb Weston
LW
$7.65B
| $20.2M | 0.02% |
328,481
-845
| -0.3% | -$51.9K |
|
660
Neurocrine Biosciences
NBIX
$14.1B
| $20.1M | 0.02% |
209,892
-1,134
| -0.5% | -$109K |
|
|
LSI
661
DELISTED
Life Storage, Inc.
LSI
| $20M | 0.02% |
174,708
+1,799
| +1% | +$206K |
|
662
Ovintiv
OVV
$10.9B
| $20M | 0.01% |
608,340
+28,681
| +5% | +$943K |
|
663
Franklin Resources
BEN
$12.7B
| $20M | 0.01% |
672,976
-8,216
| -1% | -$244K |
|
664
Churchill Downs
CHDN
$6.76B
| $19.9M | 0.01% |
165,738
-574
| -0.3% | -$68.9K |
|
665
Flex
FLEX
$21.5B
| $19.9M | 0.01% |
1,492,806
+30,479
| +2% | +$406K |
|
|
SYNH
666
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $19.8M | 0.01% |
226,328
+2,954
| +1% | +$258K |
|
667
SiteOne Landscape Supply
SITE
$6.39B
| $19.7M | 0.01% |
98,718
-139
| -0.1% | -$27.7K |
|
668
Jabil
JBL
$23B
| $19.7M | 0.01% |
337,214
-7,035
| -2% | -$411K |
|
669
DXC Technology
DXC
$2.54B
| $19.6M | 0.01% |
583,360
-11,677
| -2% | -$392K |
|
670
Watsco
WSO
$16.1B
| $19.6M | 0.01% |
73,987
-680
| -0.9% | -$180K |
|
671
Lattice Semiconductor
LSCC
$9.15B
| $19.6M | 0.01% |
302,777
-1,718
| -0.6% | -$111K |
|
672
Chegg
CHGG
$175M
| $19.5M | 0.01% |
286,012
+2,275
| +0.8% | +$155K |
|
673
Sensata Technologies
ST
$4.61B
| $19.4M | 0.01% |
354,574
+455
| +0.1% | +$24.9K |
|
674
Coterra Energy
CTRA
$18.5B
| $19.4M | 0.01% |
890,797
-11,320
| -1% | -$246K |
|
675
United Therapeutics
UTHR
$18B
| $19.3M | 0.01% |
104,590
-1,716
| -2% | -$317K |
|