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 | |
|---|---|---|---|---|---|---|
701
NOV
NOV
$4.95B
| $15.6M | 0.01% |
794,907
-20,145
| -2% | -$395K |
|
|
DISH
702
DELISTED
DISH Network Corp.
DISH
| $15.6M | 0.01% |
491,589
-48,876
| -9% | -$1.55M |
|
703
Sensata Technologies
ST
$4.66B
| $15.5M | 0.01% |
305,427
-30,372
| -9% | -$1.54M |
|
704
Performance Food Group
PFGC
$16.5B
| $15.5M | 0.01% |
304,737
-15,065
| -5% | -$767K |
|
705
New York Times
NYT
$9.6B
| $15.5M | 0.01% |
337,564
-28,049
| -8% | -$1.29M |
|
|
AVLR
706
DELISTED
Avalara, Inc.
AVLR
| $15.5M | 0.01% |
155,445
-7,817
| -5% | -$778K |
|
707
RenaissanceRe
RNR
$11.3B
| $15.4M | 0.01% |
97,401
-2,585
| -3% | -$410K |
|
708
Deckers Outdoor
DECK
$17.9B
| $15.4M | 0.01% |
337,992
-21,870
| -6% | -$998K |
|
709
Antero Resources
AR
$10.1B
| $15.4M | 0.01% |
+503,501
| New | +$15.4M |
|
710
Mattel
MAT
$6.06B
| $15.3M | 0.01% |
691,077
-42,474
| -6% | -$943K |
|
711
UGI
UGI
$7.43B
| $15.3M | 0.01% |
422,697
-41,062
| -9% | -$1.49M |
|
712
Brixmor Property Group
BRX
$8.63B
| $15.3M | 0.01% |
592,897
-62,543
| -10% | -$1.61M |
|
713
KBR
KBR
$6.4B
| $15.3M | 0.01% |
278,880
-17,752
| -6% | -$972K |
|
714
Voya Financial
VOYA
$7.38B
| $15.2M | 0.01% |
229,440
-9,032
| -4% | -$599K |
|
715
Woodward
WWD
$14.6B
| $15.2M | 0.01% |
121,875
-6,253
| -5% | -$781K |
|
716
Stifel
SF
$11.5B
| $15.2M | 0.01% |
224,176
-13,011
| -5% | -$883K |
|
717
DaVita
DVA
$9.86B
| $15.2M | 0.01% |
134,357
-10,790
| -7% | -$1.22M |
|
718
Wayfair
W
$11.6B
| $15.2M | 0.01% |
137,185
-10,140
| -7% | -$1.12M |
|
719
Capri Holdings
CPRI
$2.53B
| $15.2M | 0.01% |
295,245
-22,783
| -7% | -$1.17M |
|
720
SiteOne Landscape Supply
SITE
$6.82B
| $15.1M | 0.01% |
93,667
-2,336
| -2% | -$378K |
|
721
Universal Display
OLED
$6.91B
| $15.1M | 0.01% |
90,350
-2,249
| -2% | -$375K |
|
722
Macy's
M
$4.64B
| $15.1M | 0.01% |
618,960
-79,799
| -11% | -$1.94M |
|
723
Coherent
COHR
$15.2B
| $15.1M | 0.01% |
207,955
-11,823
| -5% | -$857K |
|
724
Concentrix
CNXC
$3.39B
| $15.1M | 0.01% |
90,372
-4,084
| -4% | -$680K |
|
725
Jefferies Financial Group
JEF
$13.1B
| $15M | 0.01% |
477,836
-29,734
| -6% | -$934K |
|