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 | |
|---|---|---|---|---|---|---|
|
COR
801
DELISTED
Coresite Realty Corporation
COR
| $10.9M | 0.01% |
91,453
+1,582
| +2% | +$188K |
|
802
Axalta
AXTA
$6.61B
| $10.8M | 0.01% |
488,984
-2,494
| -0.5% | -$55.3K |
|
803
Saic
SAIC
$4.69B
| $10.8M | 0.01% |
138,055
+8,952
| +7% | +$702K |
|
804
Dropbox
DBX
$8.4B
| $10.8M | 0.01% |
560,044
+13,796
| +3% | +$266K |
|
805
DXC Technology
DXC
$2.53B
| $10.8M | 0.01% |
603,867
+22,453
| +4% | +$401K |
|
806
Brunswick
BC
$4.25B
| $10.8M | 0.01% |
182,542
+3,064
| +2% | +$181K |
|
807
Huntsman Corp
HUN
$1.82B
| $10.7M | 0.01% |
483,499
+16,770
| +4% | +$372K |
|
808
Euronet Worldwide
EEFT
$3.56B
| $10.7M | 0.01% |
117,083
+4,427
| +4% | +$403K |
|
|
BPMC
809
DELISTED
Blueprint Medicines
BPMC
| $10.7M | 0.01% |
114,900
+5,100
| +5% | +$473K |
|
810
AGCO
AGCO
$8.14B
| $10.6M | 0.01% |
143,089
+3,368
| +2% | +$250K |
|
811
Prosperity Bancshares
PB
$6.28B
| $10.6M | 0.01% |
204,779
+5,473
| +3% | +$284K |
|
812
Emergent Biosolutions
EBS
$426M
| $10.6M | 0.01% |
102,656
+2,309
| +2% | +$239K |
|
813
Alaska Air
ALK
$6.69B
| $10.6M | 0.01% |
289,549
+10,103
| +4% | +$370K |
|
|
PPD
814
DELISTED
PPD, Inc. Common Stock
PPD
| $10.6M | 0.01% |
286,455
+146,993
| +105% | +$5.44M |
|
815
East-West Bancorp
EWBC
$14.9B
| $10.6M | 0.01% |
323,479
+8,248
| +3% | +$270K |
|
816
Wyndham Hotels & Resorts
WH
$6.4B
| $10.6M | 0.01% |
209,096
+5,010
| +2% | +$253K |
|
|
NATI
817
DELISTED
National Instruments Corp
NATI
| $10.5M | 0.01% |
295,210
+5,711
| +2% | +$204K |
|
818
Plug Power
PLUG
$2.29B
| $10.5M | 0.01% |
784,495
+56,030
| +8% | +$751K |
|
819
XP
XP
$10.5B
| $10.5M | 0.01% |
251,634
+39,667
| +19% | +$1.65M |
|
820
United Therapeutics
UTHR
$18.2B
| $10.5M | 0.01% |
103,795
+2,926
| +3% | +$296K |
|
821
MDU Resources
MDU
$3.23B
| $10.5M | 0.01% |
1,223,756
+27,921
| +2% | +$239K |
|
822
Performance Food Group
PFGC
$16.9B
| $10.5M | 0.01% |
302,136
+10,016
| +3% | +$347K |
|
823
Tapestry
TPR
$23.1B
| $10.4M | 0.01% |
667,876
+43,687
| +7% | +$683K |
|
|
NVTA
824
DELISTED
Invitae Corporation
NVTA
| $10.4M | 0.01% |
240,200
+6,600
| +3% | +$286K |
|
825
STAG Industrial
STAG
$6.61B
| $10.4M | 0.01% |
340,806
+8,286
| +2% | +$253K |
|