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 | |
|---|---|---|---|---|---|---|
|
RETA
826
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $7.3M | 0.01% |
50,577
-19,970
| -28% | -$2.88M |
|
827
eHealth
EHTH
$118M
| $7.25M | 0.01% |
51,486
-26,736
| -34% | -$3.76M |
|
828
Globus Medical
GMED
$7.59B
| $7.25M | 0.01% |
170,446
+5,725
| +3% | +$243K |
|
829
AXIS Capital
AXS
$7.42B
| $7.24M | 0.01% |
187,323
-9,240
| -5% | -$357K |
|
830
ManpowerGroup
MAN
$1.75B
| $7.23M | 0.01% |
136,392
-2,399
| -2% | -$127K |
|
831
Huntsman Corp
HUN
$1.79B
| $7.2M | 0.01% |
498,784
-98,994
| -17% | -$1.43M |
|
832
HealthEquity
HQY
$7.95B
| $7.17M | 0.01% |
141,669
-6,500
| -4% | -$329K |
|
833
Manhattan Associates
MANH
$13B
| $7.14M | 0.01% |
143,395
-8,575
| -6% | -$427K |
|
834
Littelfuse
LFUS
$6.45B
| $7.14M | 0.01% |
53,476
-20,109
| -27% | -$2.68M |
|
835
Middleby
MIDD
$6.79B
| $7.13M | 0.01% |
125,383
-6,200
| -5% | -$353K |
|
|
BCPC
836
Balchem Corporation
BCPC
$4.95B
| $7.13M | 0.01% |
72,181
-3,600
| -5% | -$355K |
|
837
CyberArk
CYBR
$24.2B
| $7.11M | 0.01% |
83,130
-3,300
| -4% | -$282K |
|
838
Flowserve
FLS
$7.36B
| $7.09M | 0.01% |
296,847
-14,300
| -5% | -$342K |
|
839
Integra LifeSciences
IART
$1.15B
| $7.08M | 0.01% |
158,570
-24,095
| -13% | -$1.08M |
|
840
Cullen/Frost Bankers
CFR
$8.12B
| $7.07M | 0.01% |
126,721
-6,176
| -5% | -$345K |
|
841
Beyond Meat
BYND
$209M
| $7.07M | 0.01% |
106,144
-2,300
| -2% | -$153K |
|
842
Unum
UNM
$12.8B
| $7.05M | 0.01% |
469,777
-59,797
| -11% | -$898K |
|
843
Sea Limited
SE
$111B
| $7.04M | 0.01% |
158,821
-8,700
| -5% | -$385K |
|
844
PagSeguro Digital
PAGS
$3.11B
| $7.03M | 0.01% |
363,554
+17,000
| +5% | +$329K |
|
845
Hexcel
HXL
$4.94B
| $7.01M | 0.01% |
188,612
-90,112
| -32% | -$3.35M |
|
|
DISCA
846
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7.01M | 0.01% |
360,806
+5,664
| +2% | +$110K |
|
847
Darling Ingredients
DAR
$5.24B
| $7.01M | 0.01% |
365,687
-112,675
| -24% | -$2.16M |
|
848
Allete
ALE
$3.72B
| $7.01M | 0.01% |
115,471
-53,378
| -32% | -$3.24M |
|
849
Boston Beer
SAM
$2.45B
| $7M | 0.01% |
19,054
-4,164
| -18% | -$1.53M |
|
850
GDS Holdings
GDS
$7.69B
| $7M | 0.01% |
120,761
+1,453
| +1% | +$84.2K |
|