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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Aecom
ACM
$16.6B
| $14.4M | 0.01% |
383,841
+67,883
| +21% | +$2.55M |
|
702
Bread Financial
BFH
$2.99B
| $14.4M | 0.01% |
140,818
+22,813
| +19% | +$2.33M |
|
703
MDU Resources
MDU
$3.36B
| $14.4M | 0.01% |
1,340,555
+179,316
| +15% | +$1.92M |
|
704
Monolithic Power Systems
MPWR
$41B
| $14.4M | 0.01% |
92,235
+19,531
| +27% | +$3.04M |
|
705
Alnylam Pharmaceuticals
ALNY
$61.5B
| $14.3M | 0.01% |
177,600
+56,200
| +46% | +$4.52M |
|
706
Commerce Bancshares
CBSH
$8B
| $14.3M | 0.01% |
315,217
+71,849
| +30% | +$3.25M |
|
|
SBNY
707
DELISTED
Signature Bank
SBNY
| $14.3M | 0.01% |
119,578
+38,585
| +48% | +$4.6M |
|
708
Keurig Dr Pepper
KDP
$37.3B
| $14.2M | 0.01% |
521,317
+143,863
| +38% | +$3.93M |
|
|
ACC
709
DELISTED
American Campus Communities, Inc.
ACC
| $14.2M | 0.01% |
295,477
+63,628
| +27% | +$3.06M |
|
710
NovoCure
NVCR
$1.37B
| $14.2M | 0.01% |
189,572
+49,924
| +36% | +$3.73M |
|
711
Americold
COLD
$3.76B
| $14.1M | 0.01% |
380,054
+217,653
| +134% | +$8.07M |
|
|
BERY
712
DELISTED
Berry Global Group, Inc.
BERY
| $14.1M | 0.01% |
390,135
+104,057
| +36% | +$3.75M |
|
|
CTLT
713
DELISTED
CATALENT, INC.
CTLT
| $14M | 0.01% |
293,888
+76,636
| +35% | +$3.65M |
|
714
Woodward
WWD
$14.3B
| $14M | 0.01% |
129,824
+24,093
| +23% | +$2.6M |
|
715
Radian Group
RDN
$4.73B
| $13.9M | 0.01% |
608,305
+138,618
| +30% | +$3.17M |
|
716
East-West Bancorp
EWBC
$14.9B
| $13.8M | 0.01% |
312,637
+82,517
| +36% | +$3.65M |
|
717
AXIS Capital
AXS
$7.59B
| $13.8M | 0.01% |
207,445
-5,999
| -3% | -$400K |
|
718
Ralph Lauren
RL
$18.9B
| $13.8M | 0.01% |
144,092
+22,488
| +18% | +$2.15M |
|
719
Equitable Holdings
EQH
$15.8B
| $13.7M | 0.01% |
619,695
+331,754
| +115% | +$7.35M |
|
720
PTC
PTC
$24.5B
| $13.7M | 0.01% |
201,410
+48,436
| +32% | +$3.3M |
|
721
Neurocrine Biosciences
NBIX
$14B
| $13.6M | 0.01% |
151,400
+30,900
| +26% | +$2.78M |
|
722
EPR Properties
EPR
$4.19B
| $13.6M | 0.01% |
177,387
+9,286
| +6% | +$714K |
|
723
JetBlue
JBLU
$1.85B
| $13.6M | 0.01% |
812,591
+157,283
| +24% | +$2.63M |
|
724
ITT
ITT
$13.6B
| $13.6M | 0.01% |
222,370
+48,488
| +28% | +$2.97M |
|
725
Primerica
PRI
$8.74B
| $13.5M | 0.01% |
106,475
+31,373
| +42% | +$3.99M |
|