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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Leggett & Platt
LEG
$1.35B
| $14.8M | 0.01% |
292,019
+17,186
| +6% | +$874K |
|
|
PFPT
727
DELISTED
Proofpoint, Inc.
PFPT
| $14.8M | 0.01% |
129,268
+12,313
| +11% | +$1.41M |
|
728
Pinnacle Financial Partners
PNFP
$7.58B
| $14.8M | 0.01% |
230,924
+31,883
| +16% | +$2.04M |
|
|
DNKN
729
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $14.8M | 0.01% |
195,573
-17,594
| -8% | -$1.33M |
|
730
TD Synnex
SNX
$12.6B
| $14.8M | 0.01% |
229,120
+22,838
| +11% | +$1.47M |
|
|
IAA
731
DELISTED
IAA, Inc. Common Stock
IAA
| $14.7M | 0.01% |
312,991
+26,878
| +9% | +$1.26M |
|
|
WUBA
732
DELISTED
58.COM INC
WUBA
| $14.7M | 0.01% |
226,969
+40,519
| +22% | +$2.62M |
|
733
Polaris
PII
$3.32B
| $14.7M | 0.01% |
144,429
+9,832
| +7% | +$1,000K |
|
734
Hanover Insurance
THG
$6.39B
| $14.6M | 0.01% |
107,118
-14,833
| -12% | -$2.03M |
|
735
Lumentum
LITE
$11.6B
| $14.6M | 0.01% |
184,362
+20,416
| +12% | +$1.62M |
|
736
MGIC Investment
MTG
$6.61B
| $14.6M | 0.01% |
1,031,195
+104,583
| +11% | +$1.48M |
|
737
American Homes 4 Rent
AMH
$12.7B
| $14.6M | 0.01% |
556,143
-1,113
| -0.2% | -$29.2K |
|
738
Primerica
PRI
$8.84B
| $14.6M | 0.01% |
111,523
+5,048
| +5% | +$659K |
|
739
MKS Inc. Common Stock
MKSI
$7.6B
| $14.5M | 0.01% |
131,690
+31,138
| +31% | +$3.43M |
|
740
Lyft
LYFT
$7.83B
| $14.5M | 0.01% |
336,500
+275,521
| +452% | +$11.9M |
|
741
Huntsman Corp
HUN
$1.9B
| $14.4M | 0.01% |
597,778
+34,006
| +6% | +$822K |
|
742
Ralph Lauren
RL
$19B
| $14.4M | 0.01% |
123,194
-20,898
| -15% | -$2.45M |
|
|
RETA
743
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $14.4M | 0.01% |
70,547
+33,428
| +90% | +$6.83M |
|
744
Flex
FLEX
$21.8B
| $14.4M | 0.01% |
1,516,314
+355,985
| +31% | +$3.39M |
|
745
Middleby
MIDD
$7.1B
| $14.4M | 0.01% |
131,583
+4,687
| +4% | +$513K |
|
746
Curtiss-Wright
CW
$19B
| $14.4M | 0.01% |
102,112
-16,259
| -14% | -$2.29M |
|
747
Nomad Foods
NOMD
$2.12B
| $14.4M | 0.01% |
641,544
+246,171
| +62% | +$5.51M |
|
748
Western Alliance Bancorporation
WAL
$9.84B
| $14.3M | 0.01% |
251,471
+32,414
| +15% | +$1.85M |
|
749
Cousins Properties
CUZ
$4.99B
| $14.3M | 0.01% |
347,109
+28,674
| +9% | +$1.18M |
|
750
Texas Pacific Land
TPL
$21.4B
| $14.3M | 0.01% |
54,822
+10,722
| +24% | +$2.79M |
|