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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XEC
751
DELISTED
CIMAREX ENERGY CO
XEC
| $12.5M | 0.01% |
260,230
+36,036
| +16% | +$1.73M |
|
752
Xerox
XRX
$456M
| $12.4M | 0.01% |
415,683
-135,477
| -25% | -$4.05M |
|
753
Blackstone Mortgage Trust
BXMT
$3.41B
| $12.4M | 0.01% |
345,116
+132,190
| +62% | +$4.74M |
|
754
Credit Acceptance
CACC
$5.8B
| $12.4M | 0.01% |
26,801
+7,008
| +35% | +$3.23M |
|
755
Helmerich & Payne
HP
$2.07B
| $12.3M | 0.01% |
307,423
+45,770
| +17% | +$1.83M |
|
|
NATI
756
DELISTED
National Instruments Corp
NATI
| $12.3M | 0.01% |
292,986
+107,714
| +58% | +$4.52M |
|
757
Flowers Foods
FLO
$3.02B
| $12.3M | 0.01% |
530,754
+98,957
| +23% | +$2.29M |
|
758
Pentair
PNR
$17.9B
| $12.2M | 0.01% |
323,831
+74,041
| +30% | +$2.8M |
|
759
Trex
TREX
$6.43B
| $12.2M | 0.01% |
269,234
-66,526
| -20% | -$3.02M |
|
|
MLNX
760
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $12.2M | 0.01% |
111,664
+32,723
| +41% | +$3.59M |
|
761
XPO
XPO
$15.3B
| $12.2M | 0.01% |
493,142
+89,793
| +22% | +$2.22M |
|
|
GLIBA
762
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $12.2M | 0.01% |
196,179
+15,003
| +8% | +$931K |
|
|
EQC
763
DELISTED
Equity Commonwealth
EQC
| $12.1M | 0.01% |
351,974
+43,773
| +14% | +$1.5M |
|
764
Bruker
BRKR
$4.63B
| $12M | 0.01% |
274,126
+56,921
| +26% | +$2.5M |
|
765
Ziff Davis
ZD
$1.5B
| $12M | 0.01% |
152,002
+24,788
| +19% | +$1.96M |
|
766
Cousins Properties
CUZ
$4.91B
| $12M | 0.01% |
318,435
+139,009
| +77% | +$5.23M |
|
767
Nexstar Media Group
NXST
$5.98B
| $12M | 0.01% |
116,851
+42,016
| +56% | +$4.3M |
|
768
Williams-Sonoma
WSM
$24.7B
| $12M | 0.01% |
351,610
+55,354
| +19% | +$1.88M |
|
|
IAA
769
DELISTED
IAA, Inc. Common Stock
IAA
| $11.9M | 0.01% |
286,113
+64,659
| +29% | +$2.7M |
|
770
Exelixis
EXEL
$10.1B
| $11.9M | 0.01% |
674,889
+211,697
| +46% | +$3.74M |
|
771
Armstrong World Industries
AWI
$8.47B
| $11.9M | 0.01% |
123,392
+34,962
| +40% | +$3.38M |
|
|
INXN
772
DELISTED
Interxion Holding N.V.
INXN
| $11.9M | 0.01% |
146,473
+75,612
| +107% | +$6.16M |
|
|
AY
773
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $11.9M | 0.01% |
493,997
+317,978
| +181% | +$7.66M |
|
774
Polaris
PII
$3.29B
| $11.8M | 0.01% |
134,597
+19,414
| +17% | +$1.71M |
|
775
Healthcare Realty
HR
$6.44B
| $11.8M | 0.01% |
403,159
+107,904
| +37% | +$3.17M |
|