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 | |
|---|---|---|---|---|---|---|
826
Invesco
IVZ
$9.86B
| $10.4M | 0.01% |
910,569
+58,464
| +7% | +$667K |
|
827
Acadia Pharmaceuticals
ACAD
$4.08B
| $10.4M | 0.01% |
251,844
+7,850
| +3% | +$324K |
|
828
Iovance Biotherapeutics
IOVA
$803M
| $10.4M | 0.01% |
314,862
+12,717
| +4% | +$419K |
|
829
Woodward
WWD
$14.2B
| $10.4M | 0.01% |
129,292
+4,635
| +4% | +$372K |
|
|
JOYY
830
JOYY Inc. American Depositary Shares
JOYY
$3.22B
| $10.3M | 0.01% |
127,642
+2,192
| +2% | +$177K |
|
831
Cloudflare
NET
$74.5B
| $10.3M | 0.01% |
250,145
+28,145
| +13% | +$1.16M |
|
832
ManpowerGroup
MAN
$1.77B
| $10.3M | 0.01% |
139,901
+4,029
| +3% | +$295K |
|
833
BlackLine
BL
$3.38B
| $10.3M | 0.01% |
114,357
+3,080
| +3% | +$276K |
|
834
CRISPR Therapeutics
CRSP
$5.37B
| $10.2M | 0.01% |
122,403
+18,600
| +18% | +$1.56M |
|
835
Fox Class B
FOX
$23.9B
| $10.2M | 0.01% |
365,369
+9,500
| +3% | +$266K |
|
836
Primerica
PRI
$8.67B
| $10.2M | 0.01% |
90,093
+735
| +0.8% | +$83.2K |
|
|
BPY
837
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $10.1M | 0.01% |
840,465
+23,316
| +3% | +$280K |
|
|
PBCT
838
DELISTED
People's United Financial Inc
PBCT
| $10.1M | 0.01% |
978,630
+30,164
| +3% | +$311K |
|
839
Freshpet
FRPT
$2.61B
| $10.1M | 0.01% |
90,083
+2,614
| +3% | +$292K |
|
840
Ollie's Bargain Outlet
OLLI
$8.28B
| $10M | 0.01% |
114,846
+6,746
| +6% | +$589K |
|
|
SBNY
841
DELISTED
Signature Bank
SBNY
| $9.99M | 0.01% |
120,326
+3,745
| +3% | +$311K |
|
|
EVBG
842
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $9.95M | 0.01% |
79,171
+8,325
| +12% | +$1.05M |
|
843
Haemonetics
HAE
$2.46B
| $9.95M | 0.01% |
114,013
+2,195
| +2% | +$192K |
|
844
Meritage Homes
MTH
$5.43B
| $9.93M | 0.01% |
179,852
+9,200
| +5% | +$508K |
|
|
ARNA
845
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $9.92M | 0.01% |
132,583
+7,535
| +6% | +$564K |
|
846
Simpson Manufacturing
SSD
$7.78B
| $9.88M | 0.01% |
101,645
+2,709
| +3% | +$263K |
|
847
Ultragenyx Pharmaceutical
RARE
$2.77B
| $9.86M | 0.01% |
119,941
+5,141
| +4% | +$423K |
|
848
Norwegian Cruise Line
NCLH
$11.5B
| $9.84M | 0.01% |
574,900
+5,265
| +0.9% | +$90.1K |
|
849
Cousins Properties
CUZ
$4.92B
| $9.82M | 0.01% |
343,525
+7,761
| +2% | +$222K |
|
850
HEICO
HEI
$44.9B
| $9.82M | 0.01% |
93,830
-5,872
| -6% | -$615K |
|