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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
Advanced Drainage Systems
WMS
$11.5B
| $10.8M | 0.01% |
119,708
-6,458
| -5% | -$582K |
|
777
Synovus
SNV
$7.15B
| $10.8M | 0.01% |
298,856
| – | – |
|
778
Ashland
ASH
$2.51B
| $10.7M | 0.01% |
104,024
-8,591
| -8% | -$885K |
|
779
Acuity Brands
AYI
$10.4B
| $10.7M | 0.01% |
69,524
-5,733
| -8% | -$883K |
|
780
Full Truck Alliance
YMM
$13.9B
| $10.7M | 0.01% |
1,181,477
+129,449
| +12% | +$1.17M |
|
|
AVLR
781
DELISTED
Avalara, Inc.
AVLR
| $10.7M | 0.01% |
151,100
-4,345
| -3% | -$307K |
|
782
Exponent
EXPO
$3.61B
| $10.7M | 0.01% |
116,613
| – | – |
|
783
GameStop
GME
$10.1B
| $10.6M | 0.01% |
348,000
| – | – |
|
784
Glacier Bancorp
GBCI
$5.88B
| $10.6M | 0.01% |
223,593
-517
| -0.2% | -$24.5K |
|
785
XP
XP
$9.96B
| $10.6M | 0.01% |
589,060
+21,161
| +4% | +$380K |
|
786
Dayforce
DAY
$10.9B
| $10.6M | 0.01% |
224,701
-11,868
| -5% | -$559K |
|
787
IAC Inc
IAC
$2.98B
| $10.6M | 0.01% |
169,646
-24,592
| -13% | -$1.53M |
|
788
Primerica
PRI
$8.85B
| $10.6M | 0.01% |
88,228
-190
| -0.2% | -$22.7K |
|
789
DT Midstream
DTM
$10.7B
| $10.6M | 0.01% |
215,347
+1,340
| +0.6% | +$65.7K |
|
790
CyberArk
CYBR
$23.3B
| $10.5M | 0.01% |
82,300
-2,549
| -3% | -$326K |
|
791
HEICO
HEI
$44.8B
| $10.5M | 0.01% |
80,309
-4,569
| -5% | -$599K |
|
792
AMC Entertainment Holdings
AMC
$1.41B
| $10.5M | 0.01% |
77,694
+155
| +0.2% | +$21K |
|
793
AMN Healthcare
AMN
$799M
| $10.5M | 0.01% |
95,852
-3,337
| -3% | -$366K |
|
794
Ionis Pharmaceuticals
IONS
$9.76B
| $10.5M | 0.01% |
282,382
-12,433
| -4% | -$460K |
|
795
Clarivate
CLVT
$2.96B
| $10.4M | 0.01% |
750,055
-23,876
| -3% | -$331K |
|
796
Starwood Property Trust
STWD
$7.56B
| $10.4M | 0.01% |
497,353
-27,253
| -5% | -$569K |
|
797
Valmont Industries
VMI
$7.46B
| $10.3M | 0.01% |
45,930
-1,444
| -3% | -$324K |
|
798
RBC Bearings
RBC
$12.2B
| $10.3M | 0.01% |
55,642
| – | – |
|
799
AerCap
AER
$22B
| $10.3M | 0.01% |
251,340
-21,632
| -8% | -$886K |
|
800
Encompass Health
EHC
$12.6B
| $10.3M | 0.01% |
230,731
-12,123
| -5% | -$541K |
|