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 |
Microsoft
MSFT
|
+$555M |
| 2 |
Apple
AAPL
|
+$534M |
| 3 |
Amazon
AMZN
|
+$381M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$268M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| 1 |
TSS
Total System Services, Inc.
TSS
|
+$156M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$145M |
| 3 |
Becton Dickinson
BDX
|
+$103M |
| 4 |
HCA Healthcare
HCA
|
+$84.7M |
| 5 |
Pfizer
PFE
|
+$82.6M |
Sector Composition
| 1 | Technology | 16.85% |
| 2 | Financials | 15.18% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Wendy's
WEN
$1.89B
| $10.2M | 0.01% |
508,937
+84,554
| +20% | +$1.69M |
|
852
FTI Consulting
FCN
$5.35B
| $10.1M | 0.01% |
95,545
+23,814
| +33% | +$2.52M |
|
853
ScottsMiracle-Gro
SMG
$3.55B
| $10.1M | 0.01% |
99,391
+17,842
| +22% | +$1.82M |
|
854
Cinemark Holdings
CNK
$3.23B
| $10.1M | 0.01% |
261,344
+40,847
| +19% | +$1.58M |
|
855
Western Alliance Bancorporation
WAL
$9.88B
| $10.1M | 0.01% |
219,057
+36,747
| +20% | +$1.69M |
|
|
JBGS
856
JBG SMITH
JBGS
$1.44B
| $10.1M | 0.01% |
257,128
+73,829
| +40% | +$2.89M |
|
|
SIX
857
DELISTED
Six Flags Entertainment Corp.
SIX
| $10.1M | 0.01% |
198,368
+40,444
| +26% | +$2.05M |
|
858
Grand Canyon Education
LOPE
$5.84B
| $10.1M | 0.01% |
102,485
+18,634
| +22% | +$1.83M |
|
859
Jefferies Financial Group
JEF
$13.8B
| $10M | 0.01% |
570,704
+3,833
| +0.7% | +$67.4K |
|
860
Lazard
LAZ
$5.36B
| $10M | 0.01% |
286,711
+36,874
| +15% | +$1.29M |
|
861
MasTec
MTZ
$15B
| $10M | 0.01% |
154,554
+36,986
| +31% | +$2.4M |
|
862
Outfront Media
OUT
$3.12B
| $10M | 0.01% |
366,807
+26,098
| +8% | +$714K |
|
863
New York Times
NYT
$9.53B
| $10M | 0.01% |
352,007
+99,751
| +40% | +$2.84M |
|
864
Silicon Laboratories
SLAB
$4.4B
| $10M | 0.01% |
90,028
+25,000
| +38% | +$2.78M |
|
865
New Jersey Resources
NJR
$4.74B
| $10M | 0.01% |
221,467
+97,313
| +78% | +$4.4M |
|
|
SC
866
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $10M | 0.01% |
392,513
+63,762
| +19% | +$1.63M |
|
867
Littelfuse
LFUS
$6.7B
| $10M | 0.01% |
56,449
+14,861
| +36% | +$2.64M |
|
868
Air Lease Corp
AL
$7.1B
| $9.98M | 0.01% |
238,709
+30,055
| +14% | +$1.26M |
|
869
Advanced Energy
AEIS
$6.02B
| $9.98M | 0.01% |
173,803
+11,439
| +7% | +$657K |
|
870
Selective Insurance
SIGI
$4.8B
| $9.9M | 0.01% |
131,642
+47,016
| +56% | +$3.54M |
|
|
QVCGA
871
QVC Group, Inc. Series A Common Stock
QVCGA
$85M
| $9.89M | 0.01% |
19,758
+2,400
| +14% | +$1.2M |
|
872
First Citizens BancShares
FCNCA
$25.2B
| $9.88M | 0.01% |
20,961
+6,189
| +42% | +$2.92M |
|
873
Mercury Systems
MRCY
$4.38B
| $9.87M | 0.01% |
121,629
+50,931
| +72% | +$4.13M |
|
|
ZNGA
874
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $9.86M | 0.01% |
1,694,582
+300,379
| +22% | +$1.75M |
|
875
Churchill Downs
CHDN
$6.87B
| $9.86M | 0.01% |
159,684
+69,638
| +77% | +$4.3M |
|