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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
First Financial Bankshares
FFIN
$4.98B
| $7.81M | 0.01% |
290,791
-54,500
| -16% | -$1.46M |
|
802
The Mosaic Company
MOS
$10.8B
| $7.8M | 0.01% |
720,882
-66,608
| -8% | -$721K |
|
803
Neogen
NEOG
$1.19B
| $7.78M | 0.01% |
232,274
-8,800
| -4% | -$295K |
|
804
Dolby
DLB
$6.85B
| $7.78M | 0.01% |
143,476
-13,100
| -8% | -$710K |
|
805
Acuity Brands
AYI
$10.4B
| $7.77M | 0.01% |
90,700
-4,314
| -5% | -$370K |
|
|
ATH
806
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $7.76M | 0.01% |
312,728
-45,081
| -13% | -$1.12M |
|
807
SL Green Realty
SLG
$4.38B
| $7.76M | 0.01% |
185,924
-136,593
| -42% | -$5.7M |
|
808
Emcor
EME
$27.6B
| $7.74M | 0.01% |
126,197
-46,492
| -27% | -$2.85M |
|
|
TCF
809
DELISTED
TCF Financial Corporation Common Stock
TCF
| $7.74M | 0.01% |
341,345
-66,488
| -16% | -$1.51M |
|
810
Terreno Realty
TRNO
$5.98B
| $7.72M | 0.01% |
149,206
-65,234
| -30% | -$3.38M |
|
811
Nomad Foods
NOMD
$2.04B
| $7.7M | 0.01% |
414,918
-226,626
| -35% | -$4.21M |
|
812
Popular Inc
BPOP
$8.46B
| $7.66M | 0.01% |
218,745
-12,608
| -5% | -$441K |
|
813
Xerox
XRX
$462M
| $7.65M | 0.01% |
403,871
-37,886
| -9% | -$718K |
|
|
GRUB
814
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $7.62M | 0.01% |
93,500
-5,250
| -5% | -$428K |
|
815
DXC Technology
DXC
$2.5B
| $7.59M | 0.01% |
581,868
-82,554
| -12% | -$1.08M |
|
816
SolarEdge
SEDG
$2.03B
| $7.58M | 0.01% |
92,612
-18,543
| -17% | -$1.52M |
|
|
QTS
817
DELISTED
QTS REALTY TRUST, INC.
QTS
| $7.46M | 0.01% |
128,654
-81,094
| -39% | -$4.7M |
|
818
Williams-Sonoma
WSM
$23.9B
| $7.46M | 0.01% |
350,908
-57,438
| -14% | -$1.22M |
|
|
CCMP
819
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $7.44M | 0.01% |
65,218
+900
| +1% | +$103K |
|
820
WIX.com
WIX
$10.1B
| $7.44M | 0.01% |
73,754
-1,400
| -2% | -$141K |
|
821
Tandem Diabetes Care
TNDM
$823M
| $7.44M | 0.01% |
115,540
-26,600
| -19% | -$1.71M |
|
822
Grand Canyon Education
LOPE
$5.87B
| $7.42M | 0.01% |
97,280
-10,800
| -10% | -$824K |
|
823
Woodward
WWD
$14.2B
| $7.39M | 0.01% |
124,239
-5,879
| -5% | -$349K |
|
824
Interactive Brokers
IBKR
$27.8B
| $7.38M | 0.01% |
683,740
-26,400
| -4% | -$285K |
|
825
Ralph Lauren
RL
$18.5B
| $7.38M | 0.01% |
110,394
-12,800
| -10% | -$855K |
|