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 | |
|---|---|---|---|---|---|---|
851
Saic
SAIC
$4.9B
| $12.1M | 0.01% |
138,662
+11,951
| +9% | +$1.04M |
|
852
Carter's
CRI
$1.1B
| $12.1M | 0.01% |
110,342
+4,091
| +4% | +$447K |
|
853
Steven Madden
SHOO
$2.31B
| $12M | 0.01% |
279,459
+97,891
| +54% | +$4.21M |
|
854
Acadia Pharmaceuticals
ACAD
$4.08B
| $12M | 0.01% |
279,727
+57,324
| +26% | +$2.45M |
|
855
Avantor
AVTR
$8.87B
| $11.9M | 0.01% |
655,042
+240,731
| +58% | +$4.37M |
|
856
STAG Industrial
STAG
$6.8B
| $11.9M | 0.01% |
376,517
+127,310
| +51% | +$4.02M |
|
857
Graphic Packaging
GPK
$6.24B
| $11.9M | 0.01% |
713,821
+156,679
| +28% | +$2.61M |
|
858
PagSeguro Digital
PAGS
$2.77B
| $11.8M | 0.01% |
346,554
+29,700
| +9% | +$1.01M |
|
|
XEC
859
DELISTED
CIMAREX ENERGY CO
XEC
| $11.8M | 0.01% |
225,396
-34,834
| -13% | -$1.83M |
|
860
Madison Square Garden
MSGS
$5.09B
| $11.8M | 0.01% |
56,372
-503
| -0.9% | -$106K |
|
|
COHR
861
DELISTED
Coherent Inc
COHR
| $11.8M | 0.01% |
70,997
+17,464
| +33% | +$2.91M |
|
862
KBR
KBR
$6.38B
| $11.8M | 0.01% |
386,571
-31,092
| -7% | -$948K |
|
|
LOGM
863
DELISTED
LogMein, Inc.
LOGM
| $11.8M | 0.01% |
137,127
+5,595
| +4% | +$480K |
|
864
Deckers Outdoor
DECK
$17.5B
| $11.7M | 0.01% |
416,538
-38,886
| -9% | -$1.09M |
|
865
AXIS Capital
AXS
$7.76B
| $11.7M | 0.01% |
196,563
-10,882
| -5% | -$647K |
|
866
ONE Gas
OGS
$4.56B
| $11.7M | 0.01% |
124,850
+14,956
| +14% | +$1.4M |
|
|
ZNGA
867
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $11.7M | 0.01% |
1,906,143
+211,561
| +12% | +$1.29M |
|
868
Silicon Laboratories
SLAB
$4.45B
| $11.7M | 0.01% |
100,450
+10,422
| +12% | +$1.21M |
|
|
WMGI
869
DELISTED
Wright Medical Group Inc
WMGI
| $11.6M | 0.01% |
381,617
+143,317
| +60% | +$4.37M |
|
|
DISCA
870
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $11.6M | 0.01% |
355,142
-31,692
| -8% | -$1.04M |
|
871
Atkore
ATKR
$2.09B
| $11.6M | 0.01% |
286,998
+184,767
| +181% | +$7.48M |
|
872
Terreno Realty
TRNO
$6.06B
| $11.6M | 0.01% |
214,440
+66,060
| +45% | +$3.58M |
|
873
Travel + Leisure Co
TNL
$4.11B
| $11.6M | 0.01% |
224,099
-31,490
| -12% | -$1.63M |
|
874
Macy's
M
$4.67B
| $11.6M | 0.01% |
681,370
+19,852
| +3% | +$337K |
|
875
EPR Properties
EPR
$4.31B
| $11.6M | 0.01% |
163,781
-13,606
| -8% | -$961K |
|