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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
HEICO Class A
HEI.A
$35.1B
| $14.1M | 0.01% |
158,562
-15,048
| -9% | -$1.33M |
|
702
LPL Financial
LPLA
$27.5B
| $14M | 0.01% |
183,168
+4,724
| +3% | +$362K |
|
703
Bilibili
BILI
$11.2B
| $14M | 0.01% |
337,221
-17,402
| -5% | -$724K |
|
704
Sealed Air
SEE
$5.04B
| $14M | 0.01% |
361,246
+10,311
| +3% | +$400K |
|
705
Lyft
LYFT
$9.25B
| $14M | 0.01% |
506,800
+21,500
| +4% | +$592K |
|
|
GRUB
706
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $13.9M | 0.01% |
96,402
+2,802
| +3% | +$405K |
|
707
Aramark
ARMK
$9.91B
| $13.9M | 0.01% |
727,741
+18,723
| +3% | +$358K |
|
708
Ciena
CIEN
$19.6B
| $13.9M | 0.01% |
350,163
+9,978
| +3% | +$396K |
|
709
Manhattan Associates
MANH
$13.2B
| $13.9M | 0.01% |
145,408
+4,130
| +3% | +$394K |
|
710
Kilroy Realty
KRC
$5.25B
| $13.9M | 0.01% |
266,567
+7,895
| +3% | +$410K |
|
711
Clarivate
CLVT
$2.74B
| $13.8M | 0.01% |
446,184
+35,106
| +9% | +$1.09M |
|
712
MKS Inc. Common Stock
MKSI
$8.74B
| $13.8M | 0.01% |
126,583
+3,200
| +3% | +$350K |
|
713
PagSeguro Digital
PAGS
$3.07B
| $13.8M | 0.01% |
366,300
+10,400
| +3% | +$392K |
|
714
Robert Half
RHI
$3.59B
| $13.8M | 0.01% |
260,690
+5,472
| +2% | +$290K |
|
715
Steel Dynamics
STLD
$20.6B
| $13.8M | 0.01% |
480,420
+6,640
| +1% | +$190K |
|
716
IPG Photonics
IPGP
$3.49B
| $13.7M | 0.01% |
80,873
+8,773
| +12% | +$1.49M |
|
717
NNN REIT
NNN
$8.04B
| $13.7M | 0.01% |
397,937
+11,723
| +3% | +$405K |
|
|
AYX
718
DELISTED
Alteryx, Inc.
AYX
| $13.7M | 0.01% |
120,794
+13,033
| +12% | +$1.48M |
|
719
Mohawk Industries
MHK
$8.27B
| $13.7M | 0.01% |
140,389
+9,166
| +7% | +$895K |
|
|
PFPT
720
DELISTED
Proofpoint, Inc.
PFPT
| $13.7M | 0.01% |
129,409
+3,371
| +3% | +$356K |
|
721
RH
RH
$4.32B
| $13.6M | 0.01% |
35,616
-2,744
| -7% | -$1.05M |
|
722
Molson Coors Class B
TAP
$9.27B
| $13.6M | 0.01% |
405,506
+10,876
| +3% | +$365K |
|
723
Ares Capital
ARCC
$15.1B
| $13.5M | 0.01% |
970,500
+28,500
| +3% | +$398K |
|
724
Zillow
ZG
$20.9B
| $13.5M | 0.01% |
133,312
+3,830
| +3% | +$389K |
|
725
Donaldson
DCI
$9.53B
| $13.5M | 0.01% |
291,191
+7,407
| +3% | +$344K |
|