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 | |
|---|---|---|---|---|---|---|
851
Essent Group
ESNT
$6.26B
| $9.77M | 0.01% |
263,942
+13,213
| +5% | +$489K |
|
852
Dolby
DLB
$6.89B
| $9.74M | 0.01% |
146,918
+3,968
| +3% | +$263K |
|
|
NVRO
853
DELISTED
NEVRO CORP.
NVRO
| $9.74M | 0.01% |
69,900
-4,332
| -6% | -$603K |
|
854
Herbalife
HLF
$950M
| $9.72M | 0.01% |
208,352
-23,574
| -10% | -$1.1M |
|
|
EV
855
DELISTED
Eaton Vance Corp.
EV
| $9.71M | 0.01% |
254,625
+6,930
| +3% | +$264K |
|
856
Jefferies Financial Group
JEF
$13.7B
| $9.71M | 0.01% |
564,386
+20,677
| +4% | +$356K |
|
857
Silicon Laboratories
SLAB
$4.47B
| $9.7M | 0.01% |
99,130
+1,793
| +2% | +$175K |
|
858
Old Republic International
ORI
$9.74B
| $9.67M | 0.01% |
656,274
+15,900
| +2% | +$234K |
|
859
Littelfuse
LFUS
$6.53B
| $9.67M | 0.01% |
54,523
+1,357
| +3% | +$241K |
|
|
SGI
860
Somnigroup International Inc.
SGI
$17.9B
| $9.67M | 0.01% |
433,632
+12,968
| +3% | +$289K |
|
861
Maximus
MMS
$4.95B
| $9.65M | 0.01% |
140,985
+2,389
| +2% | +$163K |
|
862
Gaotu Techedu
GOTU
$870M
| $9.56M | 0.01% |
106,121
+1,857
| +2% | +$167K |
|
863
PVH
PVH
$4.04B
| $9.55M | 0.01% |
160,175
+2,632
| +2% | +$157K |
|
864
Starwood Property Trust
STWD
$7.41B
| $9.55M | 0.01% |
633,030
+17,452
| +3% | +$263K |
|
865
Douglas Emmett
DEI
$2.74B
| $9.53M | 0.01% |
379,689
+8,653
| +2% | +$217K |
|
|
ATH
866
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $9.51M | 0.01% |
279,145
+10,178
| +4% | +$347K |
|
867
Nexstar Media Group
NXST
$6.24B
| $9.51M | 0.01% |
105,759
+6,797
| +7% | +$611K |
|
868
Kemper
KMPR
$3.3B
| $9.48M | 0.01% |
141,858
+2,447
| +2% | +$164K |
|
869
Bruker
BRKR
$4.87B
| $9.48M | 0.01% |
238,373
+6,248
| +3% | +$248K |
|
870
Q2 Holdings
QTWO
$5.09B
| $9.43M | 0.01% |
103,300
+2,712
| +3% | +$247K |
|
|
STMP
871
DELISTED
Stamps.com, Inc.
STMP
| $9.42M | 0.01% |
39,111
+589
| +2% | +$142K |
|
872
Graphic Packaging
GPK
$5.92B
| $9.39M | 0.01% |
666,220
+12,877
| +2% | +$181K |
|
|
SKX
873
DELISTED
Skechers
SKX
| $9.38M | 0.01% |
310,381
+10,301
| +3% | +$311K |
|
874
Acuity Brands
AYI
$10.4B
| $9.37M | 0.01% |
91,564
+2,325
| +3% | +$238K |
|
|
HR
875
DELISTED
Healthcare Realty Trust Incorporated
HR
| $9.37M | 0.01% |
311,115
+8,965
| +3% | +$270K |
|