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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HPP
826
Hudson Pacific Properties
HPP
$1.12B
| $12.5M | 0.01% |
332,560
-58,752
| -15% | -$2.21M |
|
827
Ziff Davis
ZD
$1.54B
| $12.5M | 0.01% |
153,637
+1,635
| +1% | +$133K |
|
|
PE
828
DELISTED
PARSLEY ENERGY INC
PE
| $12.5M | 0.01% |
661,556
+145,467
| +28% | +$2.75M |
|
829
Bruker
BRKR
$4.87B
| $12.5M | 0.01% |
245,272
-28,854
| -11% | -$1.47M |
|
|
TMX
830
DELISTED
Terminix Global Holdings, Inc.
TMX
| $12.5M | 0.01% |
323,054
-55,449
| -15% | -$2.14M |
|
831
Howard Hughes
HHH
$4.85B
| $12.5M | 0.01% |
103,062
-3,807
| -4% | -$460K |
|
|
EV
832
DELISTED
Eaton Vance Corp.
EV
| $12.4M | 0.01% |
266,441
+18,123
| +7% | +$846K |
|
833
Performance Food Group
PFGC
$16.6B
| $12.4M | 0.01% |
241,455
+10,361
| +4% | +$533K |
|
|
SRC
834
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $12.4M | 0.01% |
252,524
+61,478
| +32% | +$3.02M |
|
835
FNB Corp
FNB
$5.9B
| $12.4M | 0.01% |
976,282
+92,340
| +10% | +$1.17M |
|
836
Black Hills Corp
BKH
$4.33B
| $12.4M | 0.01% |
157,829
+16,311
| +12% | +$1.28M |
|
837
First Horizon
FHN
$11.5B
| $12.4M | 0.01% |
747,084
-34,589
| -4% | -$573K |
|
|
STL
838
DELISTED
Sterling Bancorp
STL
| $12.4M | 0.01% |
585,943
+147,937
| +34% | +$3.12M |
|
839
Helmerich & Payne
HP
$2.08B
| $12.3M | 0.01% |
271,740
-35,683
| -12% | -$1.62M |
|
|
MNDT
840
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12.3M | 0.01% |
743,938
-93,329
| -11% | -$1.54M |
|
841
Zillow
Z
$21.6B
| $12.3M | 0.01% |
267,500
+34,100
| +15% | +$1.57M |
|
842
Selective Insurance
SIGI
$4.85B
| $12.3M | 0.01% |
188,152
+56,510
| +43% | +$3.68M |
|
843
Hawaiian Electric Industries
HE
$2.1B
| $12.3M | 0.01% |
261,557
-20,696
| -7% | -$970K |
|
|
NUAN
844
DELISTED
Nuance Communications, Inc.
NUAN
| $12.3M | 0.01% |
687,359
-50,021
| -7% | -$892K |
|
845
Helen of Troy
HELE
$567M
| $12.2M | 0.01% |
67,950
+7,732
| +13% | +$1.39M |
|
846
OneMain Financial
OMF
$7.34B
| $12.2M | 0.01% |
289,246
+151,927
| +111% | +$6.4M |
|
847
Zurn Elkay Water Solutions
ZWS
$7.92B
| $12.2M | 0.01% |
775,749
+289,176
| +59% | +$4.54M |
|
848
First Financial Bankshares
FFIN
$5.13B
| $12.1M | 0.01% |
345,291
+18,354
| +6% | +$644K |
|
849
Manhattan Associates
MANH
$13.3B
| $12.1M | 0.01% |
151,970
-3,613
| -2% | -$288K |
|
|
UMPQ
850
DELISTED
Umpqua Holdings Corp
UMPQ
| $12.1M | 0.01% |
682,785
+88,155
| +15% | +$1.56M |
|