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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMW
826
DELISTED
VMware, Inc
VMW
| $10.1M | 0.02% |
192,300
-13,800
| -7% | -$722K |
|
827
Skechers
SKX
$9.51B
| $10M | 0.02% |
329,800
-83,200
| -20% | -$2.53M |
|
828
EnerSys
ENS
$3.98B
| $10M | 0.02% |
179,900
-4,100
| -2% | -$228K |
|
|
NE
829
DELISTED
Noble Corporation
NE
| $10M | 0.02% |
966,519
+187,600
| +24% | +$1.94M |
|
830
Ionis Pharmaceuticals
IONS
$10B
| $9.99M | 0.02% |
246,700
-27,200
| -10% | -$1.1M |
|
|
CSRA
831
DELISTED
CSRA Inc.
CSRA
| $9.98M | 0.02% |
370,967
-13,600
| -4% | -$366K |
|
832
Nordson
NDSN
$12.7B
| $9.9M | 0.02% |
130,200
+1,100
| +0.9% | +$83.6K |
|
|
SGI
833
Somnigroup International Inc.
SGI
$18B
| $9.83M | 0.02% |
646,800
-56,400
| -8% | -$857K |
|
834
Idacorp
IDA
$6.79B
| $9.81M | 0.02% |
131,500
+3,700
| +3% | +$276K |
|
835
LivaNova
LIVN
$3.1B
| $9.78M | 0.02% |
181,194
-2,800
| -2% | -$151K |
|
836
Bank OZK
OZK
$5.9B
| $9.76M | 0.02% |
232,600
-16,400
| -7% | -$688K |
|
|
CVG
837
DELISTED
Convergys
CVG
| $9.73M | 0.02% |
350,300
-54,363
| -13% | -$1.51M |
|
838
Zebra Technologies
ZBRA
$15.8B
| $9.69M | 0.02% |
140,400
-17,100
| -11% | -$1.18M |
|
|
PRXL
839
DELISTED
Parexel International Corp
PRXL
| $9.65M | 0.02% |
153,900
-16,800
| -10% | -$1.05M |
|
840
DNOW Inc
DNOW
$1.63B
| $9.62M | 0.02% |
542,920
+6,000
| +1% | +$106K |
|
841
Erie Indemnity
ERIE
$17.5B
| $9.6M | 0.02% |
103,255
-4,400
| -4% | -$409K |
|
842
Dolby
DLB
$6.85B
| $9.59M | 0.02% |
220,600
-21,400
| -9% | -$930K |
|
843
Advanced Energy
AEIS
$5.99B
| $9.59M | 0.02% |
275,500
-10,300
| -4% | -$358K |
|
844
Neurocrine Biosciences
NBIX
$14.2B
| $9.58M | 0.02% |
242,300
+58,100
| +32% | +$2.3M |
|
845
Opko Health
OPK
$1.13B
| $9.57M | 0.02% |
920,856
-223,200
| -20% | -$2.32M |
|
|
EV
846
DELISTED
Eaton Vance Corp.
EV
| $9.57M | 0.02% |
285,400
-27,313
| -9% | -$916K |
|
847
White Mountains Insurance
WTM
$4.52B
| $9.55M | 0.02% |
11,900
-1,598
| -12% | -$1.28M |
|
848
KBR
KBR
$6.43B
| $9.55M | 0.02% |
616,736
-25,500
| -4% | -$395K |
|
849
Avis
CAR
$5.48B
| $9.54M | 0.02% |
348,633
+41,300
| +13% | +$1.13M |
|
|
TXNM
850
TXNM Energy, Inc.
TXNM
$6.01B
| $9.54M | 0.02% |
282,900
+15,200
| +6% | +$513K |
|