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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
Universal Display
OLED
$6.88B
| $12M | 0.01% |
83,126
-4,398
| -5% | -$634K |
|
777
Old Republic International
ORI
$10.2B
| $12M | 0.01% |
475,098
-44,639
| -9% | -$1.12M |
|
778
STAG Industrial
STAG
$6.86B
| $11.9M | 0.01% |
332,189
-46,341
| -12% | -$1.66M |
|
779
Gentex
GNTX
$6.17B
| $11.9M | 0.01% |
407,113
-42,017
| -9% | -$1.23M |
|
780
On Holding
ONON
$15B
| $11.9M | 0.01% |
359,649
+136,986
| +62% | +$4.52M |
|
781
Cullen/Frost Bankers
CFR
$8.38B
| $11.9M | 0.01% |
110,340
-8,666
| -7% | -$932K |
|
782
DaVita
DVA
$9.69B
| $11.8M | 0.01% |
117,904
+4,867
| +4% | +$489K |
|
|
PDCE
783
DELISTED
PDC Energy, Inc.
PDCE
| $11.7M | 0.01% |
164,850
-13,774
| -8% | -$980K |
|
784
Brixmor Property Group
BRX
$8.61B
| $11.7M | 0.01% |
531,778
+4,923
| +0.9% | +$108K |
|
785
Repligen
RGEN
$6.78B
| $11.7M | 0.01% |
82,657
-6,817
| -8% | -$964K |
|
786
Guidewire Software
GWRE
$18.3B
| $11.7M | 0.01% |
153,508
-287,498
| -65% | -$21.9M |
|
787
CyberArk
CYBR
$23.1B
| $11.7M | 0.01% |
74,651
-3,794
| -5% | -$593K |
|
788
XPO
XPO
$15.4B
| $11.6M | 0.01% |
197,384
-664
| -0.3% | -$39.2K |
|
789
Alaska Air
ALK
$7.24B
| $11.6M | 0.01% |
217,427
-35,476
| -14% | -$1.89M |
|
790
RBC Bearings
RBC
$12.3B
| $11.6M | 0.01% |
53,125
-5,697
| -10% | -$1.24M |
|
791
Roku
ROKU
$14.3B
| $11.5M | 0.01% |
180,298
-5,432
| -3% | -$347K |
|
792
Nutanix
NTNX
$18.4B
| $11.5M | 0.01% |
410,697
-21,180
| -5% | -$594K |
|
793
Matador Resources
MTDR
$6.23B
| $11.5M | 0.01% |
220,165
-18,161
| -8% | -$950K |
|
794
Valvoline
VVV
$4.95B
| $11.5M | 0.01% |
306,022
-50,904
| -14% | -$1.91M |
|
795
Medpace
MEDP
$13.6B
| $11.5M | 0.01% |
47,700
-2,732
| -5% | -$656K |
|
796
Wyndham Hotels & Resorts
WH
$6.58B
| $11.4M | 0.01% |
166,600
-15,160
| -8% | -$1.04M |
|
797
Ciena
CIEN
$16.5B
| $11.4M | 0.01% |
268,734
-16,599
| -6% | -$705K |
|
798
Commerce Bancshares
CBSH
$8.23B
| $11.4M | 0.01% |
258,254
-13,144
| -5% | -$581K |
|
799
XP
XP
$9.43B
| $11.4M | 0.01% |
485,591
-45,339
| -9% | -$1.06M |
|
800
Sonoco
SON
$4.49B
| $11.4M | 0.01% |
192,824
-7,620
| -4% | -$450K |
|