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 | |
|---|---|---|---|---|---|---|
726
SEI Investments
SEIC
$10.7B
| $13.4M | 0.01% |
264,877
+6,600
| +3% | +$335K |
|
727
Darling Ingredients
DAR
$5.19B
| $13.4M | 0.01% |
372,444
+11,108
| +3% | +$400K |
|
728
Penumbra
PEN
$9.86B
| $13.4M | 0.01% |
69,001
+3,801
| +6% | +$739K |
|
729
Franklin Resources
BEN
$12.6B
| $13.4M | 0.01% |
656,197
+23,481
| +4% | +$478K |
|
|
SRCL
730
DELISTED
Stericycle Inc
SRCL
| $13.3M | 0.01% |
211,258
+3,596
| +2% | +$227K |
|
731
Lamar Advertising Co
LAMR
$12.8B
| $13.3M | 0.01% |
200,454
+5,227
| +3% | +$346K |
|
|
XLRN
732
DELISTED
Acceleron Pharma Inc.
XLRN
| $13.3M | 0.01% |
117,780
+14,888
| +14% | +$1.68M |
|
733
Autohome
ATHM
$3.44B
| $13.2M | 0.01% |
137,610
+2,273
| +2% | +$218K |
|
734
Hanesbrands
HBI
$2.23B
| $13.2M | 0.01% |
837,991
+25,158
| +3% | +$396K |
|
735
Zai Lab
ZLAB
$3.65B
| $13.2M | 0.01% |
158,288
+21,347
| +16% | +$1.78M |
|
736
Healthcare Realty
HR
$6.41B
| $13.1M | 0.01% |
504,581
+15,979
| +3% | +$415K |
|
737
Toll Brothers
TOL
$13.5B
| $13.1M | 0.01% |
269,405
+7,236
| +3% | +$352K |
|
738
Commerce Bancshares
CBSH
$7.95B
| $13M | 0.01% |
294,941
+6,291
| +2% | +$277K |
|
|
MNTA
739
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $13M | 0.01% |
247,019
-15,732
| -6% | -$826K |
|
740
Rexford Industrial Realty
REXR
$10B
| $13M | 0.01% |
283,211
+23,384
| +9% | +$1.07M |
|
741
BJs Wholesale Club
BJ
$13B
| $12.9M | 0.01% |
311,340
+8,417
| +3% | +$350K |
|
742
Axon Enterprise
AXON
$60.2B
| $12.9M | 0.01% |
142,440
+10,700
| +8% | +$970K |
|
743
TopBuild
BLD
$11.7B
| $12.9M | 0.01% |
75,626
+1,686
| +2% | +$288K |
|
744
Lumentum
LITE
$12B
| $12.9M | 0.01% |
171,343
+4,258
| +3% | +$320K |
|
745
First American
FAF
$6.83B
| $12.9M | 0.01% |
252,755
+6,209
| +3% | +$316K |
|
746
Comerica
CMA
$9.08B
| $12.9M | 0.01% |
336,011
+10,476
| +3% | +$401K |
|
747
Federal Realty Investment Trust
FRT
$8.62B
| $12.8M | 0.01% |
174,661
-438,697
| -72% | -$32.2M |
|
|
CLGX
748
DELISTED
Corelogic, Inc.
CLGX
| $12.8M | 0.01% |
189,492
+6,941
| +4% | +$470K |
|
749
Paylocity
PCTY
$9.17B
| $12.8M | 0.01% |
79,403
+2,100
| +3% | +$339K |
|
750
American Airlines Group
AAL
$8.26B
| $12.8M | 0.01% |
1,042,667
+150,191
| +17% | +$1.85M |
|