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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LSXMK
676
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $16.3M | 0.01% |
461,136
-11,107
| -2% | -$393K |
|
677
A.O. Smith
AOS
$10.3B
| $16.3M | 0.01% |
254,861
-26,740
| -9% | -$1.71M |
|
678
Huntsman Corp
HUN
$1.95B
| $16.3M | 0.01% |
434,065
-14,922
| -3% | -$560K |
|
679
Synaptics
SYNA
$2.7B
| $16.2M | 0.01% |
81,435
| – | – |
|
680
Wynn Resorts
WYNN
$12.6B
| $16.2M | 0.01% |
203,424
-17,052
| -8% | -$1.36M |
|
681
Reinsurance Group of America
RGA
$12.8B
| $16.2M | 0.01% |
148,068
-4,721
| -3% | -$517K |
|
682
Wyndham Hotels & Resorts
WH
$6.59B
| $16.2M | 0.01% |
191,346
-9,010
| -4% | -$763K |
|
683
NNN REIT
NNN
$8.18B
| $16.2M | 0.01% |
360,238
-30,848
| -8% | -$1.39M |
|
684
Dayforce
DAY
$10.9B
| $16.2M | 0.01% |
236,569
-17,006
| -7% | -$1.16M |
|
685
Vornado Realty Trust
VNO
$7.93B
| $16.1M | 0.01% |
356,087
-27,456
| -7% | -$1.24M |
|
686
Casey's General Stores
CASY
$18.8B
| $16.1M | 0.01% |
81,257
-2,435
| -3% | -$483K |
|
|
BERY
687
DELISTED
Berry Global Group, Inc.
BERY
| $16.1M | 0.01% |
302,465
-18,213
| -6% | -$969K |
|
688
NovoCure
NVCR
$1.37B
| $16.1M | 0.01% |
194,110
-33,285
| -15% | -$2.76M |
|
|
ACC
689
DELISTED
American Campus Communities, Inc.
ACC
| $16.1M | 0.01% |
287,139
-21,578
| -7% | -$1.21M |
|
690
Genpact
G
$7.82B
| $16M | 0.01% |
368,211
-28,510
| -7% | -$1.24M |
|
691
IAC Inc
IAC
$2.98B
| $16M | 0.01% |
194,238
-8,244
| -4% | -$678K |
|
692
OGE Energy
OGE
$8.89B
| $15.9M | 0.01% |
391,000
-29,368
| -7% | -$1.2M |
|
693
Norwegian Cruise Line
NCLH
$11.6B
| $15.9M | 0.01% |
726,132
-58,177
| -7% | -$1.27M |
|
694
Penumbra
PEN
$11B
| $15.9M | 0.01% |
71,497
-575
| -0.8% | -$128K |
|
695
Guidewire Software
GWRE
$22B
| $15.8M | 0.01% |
167,224
-11,694
| -7% | -$1.11M |
|
696
Olin
OLN
$2.9B
| $15.8M | 0.01% |
301,663
-23,244
| -7% | -$1.22M |
|
|
DISCK
697
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $15.7M | 0.01% |
630,606
-60,379
| -9% | -$1.51M |
|
698
First Solar
FSLR
$22B
| $15.7M | 0.01% |
187,519
-17,635
| -9% | -$1.48M |
|
699
Lumentum
LITE
$10.4B
| $15.7M | 0.01% |
160,822
-5,671
| -3% | -$553K |
|
|
PLAN
700
DELISTED
Anaplan, Inc.
PLAN
| $15.6M | 0.01% |
240,274
-35,237
| -13% | -$2.29M |
|