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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ABMD
676
DELISTED
Abiomed Inc
ABMD
| $16.5M | 0.01% |
96,638
+3,398
| +4% | +$580K |
|
677
Allison Transmission
ALSN
$7.41B
| $16.4M | 0.01% |
340,272
-19,884
| -6% | -$961K |
|
678
HEICO Class A
HEI.A
$35B
| $16.3M | 0.01% |
182,427
-20,423
| -10% | -$1.83M |
|
679
Skywest
SKYW
$4.37B
| $16.3M | 0.01% |
252,465
+108,535
| +75% | +$7.01M |
|
680
Xerox
XRX
$456M
| $16.3M | 0.01% |
441,757
+26,074
| +6% | +$961K |
|
681
Nexstar Media Group
NXST
$5.98B
| $16.3M | 0.01% |
138,823
+21,972
| +19% | +$2.58M |
|
682
Starwood Property Trust
STWD
$7.6B
| $16.3M | 0.01% |
654,457
-98,962
| -13% | -$2.46M |
|
683
HubSpot
HUBS
$25.8B
| $16.3M | 0.01% |
102,619
+1,844
| +2% | +$292K |
|
684
Encompass Health
EHC
$12.6B
| $16.3M | 0.01% |
294,994
-25,962
| -8% | -$1.43M |
|
685
Brixmor Property Group
BRX
$8.51B
| $16.2M | 0.01% |
751,430
-123,407
| -14% | -$2.67M |
|
|
NLSN
686
DELISTED
Nielsen Holdings plc
NLSN
| $16.2M | 0.01% |
796,262
-57,142
| -7% | -$1.16M |
|
687
Maximus
MMS
$4.94B
| $16.1M | 0.01% |
216,385
+22,547
| +12% | +$1.68M |
|
688
Entegris
ENTG
$12B
| $16.1M | 0.01% |
320,425
-28,030
| -8% | -$1.4M |
|
689
Jabil
JBL
$23.2B
| $16M | 0.01% |
387,072
+20,369
| +6% | +$842K |
|
690
Owens Corning
OC
$12.8B
| $16M | 0.01% |
245,096
-23,167
| -9% | -$1.51M |
|
691
Rithm Capital
RITM
$6.63B
| $16M | 0.01% |
990,279
-49,670
| -5% | -$800K |
|
692
Generac Holdings
GNRC
$10.9B
| $15.9M | 0.01% |
158,243
+8,915
| +6% | +$897K |
|
|
PRAH
693
DELISTED
PRA Health Sciences, Inc.
PRAH
| $15.9M | 0.01% |
143,118
-7,975
| -5% | -$886K |
|
694
Arrow Electronics
ARW
$6.54B
| $15.9M | 0.01% |
187,239
-22,465
| -11% | -$1.9M |
|
695
Post Holdings
POST
$5.69B
| $15.9M | 0.01% |
222,183
+12,636
| +6% | +$902K |
|
696
Invesco
IVZ
$9.88B
| $15.9M | 0.01% |
881,997
-86,182
| -9% | -$1.55M |
|
697
Teladoc Health
TDOC
$1.32B
| $15.8M | 0.01% |
188,531
+52,831
| +39% | +$4.42M |
|
698
Albemarle
ALB
$8.63B
| $15.7M | 0.01% |
215,104
-6,900
| -3% | -$504K |
|
|
CONE
699
DELISTED
CyrusOne Inc Common Stock
CONE
| $15.7M | 0.01% |
240,105
+38,526
| +19% | +$2.52M |
|
700
Quanta Services
PWR
$58.1B
| $15.7M | 0.01% |
385,742
-6,313
| -2% | -$257K |
|