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 | |
|---|---|---|---|---|---|---|
701
AGCO
AGCO
$8.02B
| $18.2M | 0.01% |
148,784
-1,315
| -0.9% | -$161K |
|
702
Wynn Resorts
WYNN
$12.8B
| $18.2M | 0.01% |
214,645
-22,344
| -9% | -$1.89M |
|
703
Opendoor
OPEN
$4.33B
| $18.2M | 0.01% |
+884,288
| New | +$18.2M |
|
704
Kilroy Realty
KRC
$4.98B
| $18.1M | 0.01% |
273,352
+7,000
| +3% | +$463K |
|
|
ATH
705
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $18.1M | 0.01% |
262,715
-6,357
| -2% | -$438K |
|
706
Jazz Pharmaceuticals
JAZZ
$7.7B
| $18M | 0.01% |
138,279
-3,385
| -2% | -$441K |
|
|
STOR
707
DELISTED
STORE Capital Corporation
STOR
| $17.9M | 0.01% |
558,851
+8,696
| +2% | +$279K |
|
708
Sunrun
RUN
$3.74B
| $17.8M | 0.01% |
404,819
+1,222
| +0.3% | +$53.8K |
|
709
Ciena
CIEN
$18.4B
| $17.8M | 0.01% |
346,474
-245
| -0.1% | -$12.6K |
|
710
Gentex
GNTX
$6.15B
| $17.7M | 0.01% |
536,334
-9,158
| -2% | -$302K |
|
|
LSXMK
711
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $17.6M | 0.01% |
478,217
-1,251,766
| -72% | -$46M |
|
712
Dick's Sporting Goods
DKS
$18.2B
| $17.6M | 0.01% |
146,583
-2,201
| -1% | -$264K |
|
713
WEX
WEX
$5.81B
| $17.5M | 0.01% |
99,581
+709
| +0.7% | +$125K |
|
714
Huntington Ingalls Industries
HII
$10.7B
| $17.5M | 0.01% |
90,551
+26
| +0% | +$5.02K |
|
|
DISCK
715
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $17.4M | 0.01% |
716,793
-5,144
| -0.7% | -$125K |
|
716
Rexford Industrial Realty
REXR
$10.1B
| $17.4M | 0.01% |
306,199
+3,398
| +1% | +$193K |
|
|
PLAN
717
DELISTED
Anaplan, Inc.
PLAN
| $17.4M | 0.01% |
285,276
-107
| -0% | -$6.52K |
|
718
NNN REIT
NNN
$8.06B
| $17.4M | 0.01% |
401,923
+4,637
| +1% | +$200K |
|
719
XP
XP
$9.83B
| $17.3M | 0.01% |
431,747
-5,453
| -1% | -$219K |
|
720
Zurn Elkay Water Solutions
ZWS
$7.69B
| $17.3M | 0.01% |
560,005
-2,143
| -0.4% | -$66.4K |
|
721
AptarGroup
ATR
$8.97B
| $17.3M | 0.01% |
145,264
-1,419
| -1% | -$169K |
|
722
Reinsurance Group of America
RGA
$12.7B
| $17.3M | 0.01% |
155,741
-6,318
| -4% | -$703K |
|
723
Carlyle Group
CG
$23.7B
| $17.3M | 0.01% |
366,153
+13,516
| +4% | +$639K |
|
724
Brunswick
BC
$4.23B
| $17.3M | 0.01% |
181,533
-3,467
| -2% | -$330K |
|
725
AerCap
AER
$21.7B
| $17.2M | 0.01% |
296,760
-4,650
| -2% | -$269K |
|