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 | |
|---|---|---|---|---|---|---|
751
Flex
FLEX
$21.6B
| $12.8M | 0.01% |
1,526,244
+10,983
| +0.7% | +$92.2K |
|
752
Huntington Ingalls Industries
HII
$10.7B
| $12.8M | 0.01% |
90,842
+1,563
| +2% | +$220K |
|
|
HRC
753
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $12.8M | 0.01% |
153,040
+3,181
| +2% | +$266K |
|
754
Post Holdings
POST
$5.62B
| $12.7M | 0.01% |
226,465
+5,846
| +3% | +$329K |
|
755
Polaris
PII
$3.22B
| $12.6M | 0.01% |
133,977
+2,897
| +2% | +$273K |
|
756
News Corp Class A
NWSA
$17.2B
| $12.6M | 0.01% |
900,499
+20,448
| +2% | +$287K |
|
757
Leggett & Platt
LEG
$1.28B
| $12.6M | 0.01% |
306,079
+8,661
| +3% | +$357K |
|
758
Thor Industries
THO
$5.52B
| $12.6M | 0.01% |
131,900
+8,313
| +7% | +$792K |
|
|
SMAR
759
DELISTED
Smartsheet Inc.
SMAR
| $12.5M | 0.01% |
252,205
+27,305
| +12% | +$1.35M |
|
760
BILL Holdings
BILL
$5.35B
| $12.5M | 0.01% |
124,169
+97,819
| +371% | +$9.81M |
|
761
First Horizon
FHN
$11.5B
| $12.4M | 0.01% |
1,315,276
+601,476
| +84% | +$5.67M |
|
762
Amcor
AMCR
$19.2B
| $12.4M | 0.01% |
1,121,943
| – | – |
|
|
IPHI
763
DELISTED
INPHI CORPORATION
IPHI
| $12.3M | 0.01% |
109,843
+2,626
| +2% | +$295K |
|
764
BWX Technologies
BWXT
$15.7B
| $12.3M | 0.01% |
218,698
+4,772
| +2% | +$269K |
|
765
Lincoln Electric
LECO
$13B
| $12.3M | 0.01% |
133,325
+3,498
| +3% | +$322K |
|
|
NLSN
766
DELISTED
Nielsen Holdings plc
NLSN
| $12.3M | 0.01% |
864,515
+30,970
| +4% | +$439K |
|
767
Jabil
JBL
$23.8B
| $12.3M | 0.01% |
357,784
+13,359
| +4% | +$458K |
|
768
Lithia Motors
LAD
$8.67B
| $12.2M | 0.01% |
53,650
+2,901
| +6% | +$661K |
|
769
iQIYI
IQ
$2.5B
| $12.2M | 0.01% |
540,868
+9,527
| +2% | +$215K |
|
770
SiteOne Landscape Supply
SITE
$6.12B
| $12.2M | 0.01% |
99,952
+6,702
| +7% | +$817K |
|
771
CACI
CACI
$10.8B
| $12.1M | 0.01% |
56,857
+1,291
| +2% | +$275K |
|
|
FTCH
772
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $12M | 0.01% |
475,044
+14,844
| +3% | +$373K |
|
773
Jones Lang LaSalle
JLL
$15.1B
| $11.9M | 0.01% |
124,611
+4,662
| +4% | +$446K |
|
774
ITT
ITT
$14.2B
| $11.8M | 0.01% |
200,109
+5,273
| +3% | +$311K |
|
775
First Solar
FSLR
$22.4B
| $11.8M | 0.01% |
178,380
+7,688
| +5% | +$509K |
|