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 | |
|---|---|---|---|---|---|---|
|
Y
676
DELISTED
Alleghany Corporation
Y
| $19.2M | 0.01% |
30,820
+93
| +0.3% | +$58.1K |
|
677
Bright Horizons
BFAM
$6.36B
| $19.2M | 0.01% |
137,998
+2,372
| +2% | +$331K |
|
678
Arrow Electronics
ARW
$6.54B
| $19.2M | 0.01% |
170,805
-5,902
| -3% | -$663K |
|
679
AGNC Investment
AGNC
$10.7B
| $19.1M | 0.01% |
1,211,133
+984
| +0.1% | +$15.5K |
|
|
BERY
680
DELISTED
Berry Global Group, Inc.
BERY
| $19.1M | 0.01% |
340,947
-10,834
| -3% | -$606K |
|
681
Vistra
VST
$70.9B
| $19M | 0.01% |
1,110,630
-27,195
| -2% | -$465K |
|
682
DaVita
DVA
$9.46B
| $19M | 0.01% |
163,201
-6,453
| -4% | -$750K |
|
683
Newell Brands
NWL
$2.54B
| $19M | 0.01% |
856,765
-50,011
| -6% | -$1.11M |
|
684
Molson Coors Class B
TAP
$9.7B
| $19M | 0.01% |
408,768
+938
| +0.2% | +$43.5K |
|
685
Wolfspeed
WOLF
$230M
| $18.9M | 0.01% |
234,240
+444
| +0.2% | +$35.8K |
|
686
Sealed Air
SEE
$4.83B
| $18.9M | 0.01% |
344,995
-4,098
| -1% | -$225K |
|
687
MKS Inc. Common Stock
MKSI
$7.43B
| $18.8M | 0.01% |
124,806
+447
| +0.4% | +$67.5K |
|
688
Jefferies Financial Group
JEF
$13.5B
| $18.8M | 0.01% |
530,148
-10,187
| -2% | -$362K |
|
|
AZPN
689
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $18.8M | 0.01% |
153,066
-232
| -0.2% | -$28.5K |
|
690
Clarivate
CLVT
$2.85B
| $18.8M | 0.01% |
857,519
+35,864
| +4% | +$785K |
|
691
Invesco
IVZ
$9.88B
| $18.6M | 0.01% |
771,439
-20,129
| -3% | -$485K |
|
692
Bruker
BRKR
$4.63B
| $18.6M | 0.01% |
238,121
+1,299
| +0.5% | +$101K |
|
693
A.O. Smith
AOS
$10.2B
| $18.5M | 0.01% |
303,090
-2,065
| -0.7% | -$126K |
|
694
Organon & Co
OGN
$2.67B
| $18.5M | 0.01% |
564,228
-7,410
| -1% | -$243K |
|
|
XLRN
695
DELISTED
Acceleron Pharma Inc.
XLRN
| $18.5M | 0.01% |
107,408
-899
| -0.8% | -$155K |
|
696
New York Times
NYT
$9.37B
| $18.4M | 0.01% |
373,551
-3,172
| -0.8% | -$156K |
|
697
Tetra Tech
TTEK
$9.37B
| $18.4M | 0.01% |
614,810
+1,930
| +0.3% | +$57.6K |
|
698
APA Corp
APA
$8.33B
| $18.3M | 0.01% |
855,506
+12,169
| +1% | +$261K |
|
699
Penumbra
PEN
$10.6B
| $18.3M | 0.01% |
68,689
-204
| -0.3% | -$54.4K |
|
700
Natera
NTRA
$23.3B
| $18.3M | 0.01% |
163,927
-10,528
| -6% | -$1.17M |
|