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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Murphy Oil
MUR
$3.72B
| $11.7M | 0.01% |
274,531
-14,756
| -5% | -$629K |
|
802
MKS Inc. Common Stock
MKSI
$7.43B
| $11.7M | 0.01% |
113,763
-109
| -0.1% | -$11.2K |
|
803
ATI
ATI
$10.5B
| $11.6M | 0.01% |
255,974
-6,821
| -3% | -$310K |
|
804
Hexcel
HXL
$4.93B
| $11.6M | 0.01% |
157,735
-5,712
| -3% | -$421K |
|
805
NOV
NOV
$4.85B
| $11.6M | 0.01% |
572,882
-35,081
| -6% | -$711K |
|
806
WIX.com
WIX
$9.13B
| $11.6M | 0.01% |
94,377
-3,104
| -3% | -$382K |
|
807
Houlihan Lokey
HLI
$14.1B
| $11.5M | 0.01% |
96,181
-2,310
| -2% | -$277K |
|
808
Affiliated Managers Group
AMG
$6.6B
| $11.5M | 0.01% |
76,157
-3,157
| -4% | -$478K |
|
809
Mattel
MAT
$5.78B
| $11.5M | 0.01% |
609,588
-50,577
| -8% | -$955K |
|
|
ITCI
810
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $11.5M | 0.01% |
160,376
+19,936
| +14% | +$1.43M |
|
811
Fabrinet
FN
$13.3B
| $11.5M | 0.01% |
60,275
+1,805
| +3% | +$344K |
|
|
CTLT
812
DELISTED
CATALENT, INC.
CTLT
| $11.5M | 0.01% |
254,864
-14,595
| -5% | -$656K |
|
813
Generac Holdings
GNRC
$10.9B
| $11.4M | 0.01% |
88,510
-1,139
| -1% | -$147K |
|
814
Antero Resources
AR
$10.1B
| $11.4M | 0.01% |
504,280
-39,778
| -7% | -$902K |
|
815
Invesco
IVZ
$9.88B
| $11.4M | 0.01% |
640,904
-59,020
| -8% | -$1.05M |
|
816
Morningstar
MORN
$10.6B
| $11.4M | 0.01% |
39,891
-11,025
| -22% | -$3.16M |
|
|
SRC
817
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $11.4M | 0.01% |
261,252
-10,486
| -4% | -$458K |
|
818
MGIC Investment
MTG
$6.54B
| $11.4M | 0.01% |
591,264
-2,605
| -0.4% | -$50.3K |
|
819
Whirlpool
WHR
$5.24B
| $11.4M | 0.01% |
93,543
-7,500
| -7% | -$913K |
|
820
Nexstar Media Group
NXST
$5.98B
| $11.4M | 0.01% |
72,499
-2,546
| -3% | -$399K |
|
821
Wintrust Financial
WTFC
$9.17B
| $11.4M | 0.01% |
122,525
-7,518
| -6% | -$697K |
|
822
Cytokinetics
CYTK
$6.22B
| $11.3M | 0.01% |
135,721
| – | – |
|
823
Thor Industries
THO
$5.66B
| $11.3M | 0.01% |
95,530
-4,428
| -4% | -$524K |
|
824
Allison Transmission
ALSN
$7.41B
| $11.3M | 0.01% |
194,041
-11,807
| -6% | -$687K |
|
825
AGNC Investment
AGNC
$10.8B
| $11.3M | 0.01% |
1,148,780
+33,490
| +3% | +$329K |
|