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 | |
|---|---|---|---|---|---|---|
876
Capri Holdings
CPRI
$2.6B
| $11.6M | 0.01% |
303,200
+13,808
| +5% | +$527K |
|
|
PSB
877
DELISTED
PS Business Parks, Inc.
PSB
| $11.6M | 0.01% |
70,103
+11,972
| +21% | +$1.97M |
|
878
Murphy USA
MUSA
$7.59B
| $11.5M | 0.01% |
98,634
+32,764
| +50% | +$3.83M |
|
879
H&R Block
HRB
$6.98B
| $11.5M | 0.01% |
490,199
-1,347,444
| -73% | -$31.6M |
|
|
CIM
880
Chimera Investment
CIM
$1.17B
| $11.5M | 0.01% |
186,472
+35,067
| +23% | +$2.16M |
|
|
AYX
881
DELISTED
Alteryx, Inc.
AYX
| $11.5M | 0.01% |
114,569
+19,739
| +21% | +$1.98M |
|
882
Wolfspeed
WOLF
$294M
| $11.4M | 0.01% |
247,439
+18,326
| +8% | +$846K |
|
883
Wendy's
WEN
$1.88B
| $11.4M | 0.01% |
513,560
+4,623
| +0.9% | +$103K |
|
884
Amcor
AMCR
$19.2B
| $11.4M | 0.01% |
1,051,706
-30,747
| -3% | -$333K |
|
885
Semtech
SMTC
$5.29B
| $11.4M | 0.01% |
215,461
+62,801
| +41% | +$3.32M |
|
|
QTS
886
DELISTED
QTS REALTY TRUST, INC.
QTS
| $11.4M | 0.01% |
209,748
+105,089
| +100% | +$5.7M |
|
887
Wayfair
W
$11.7B
| $11.3M | 0.01% |
124,900
+21,600
| +21% | +$1.95M |
|
888
Janus Henderson
JHG
$7.08B
| $11.3M | 0.01% |
460,932
+5,420
| +1% | +$133K |
|
889
Ryman Hospitality Properties
RHP
$6.35B
| $11.3M | 0.01% |
130,041
-10,514
| -7% | -$911K |
|
890
RH
RH
$4.27B
| $11.3M | 0.01% |
52,731
+7,774
| +17% | +$1.66M |
|
891
Independent Bank
INDB
$3.5B
| $11.2M | 0.01% |
134,978
+58,271
| +76% | +$4.85M |
|
892
Blackstone Mortgage Trust
BXMT
$3.39B
| $11.2M | 0.01% |
301,334
-43,782
| -13% | -$1.63M |
|
893
TopBuild
BLD
$12B
| $11.2M | 0.01% |
108,395
+31,043
| +40% | +$3.2M |
|
|
MBT
894
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $11.2M | 0.01% |
1,099,986
+166,750
| +18% | +$1.69M |
|
|
AAN.A
895
DELISTED
AARON'S INC CL-A
AAN.A
| $11.1M | 0.01% |
195,096
+35,099
| +22% | +$2M |
|
896
Penumbra
PEN
$10.8B
| $11.1M | 0.01% |
67,800
+7,760
| +13% | +$1.27M |
|
897
Tetra Tech
TTEK
$9.51B
| $11.1M | 0.01% |
645,695
-25,500
| -4% | -$439K |
|
|
NUVA
898
DELISTED
NuVasive, Inc.
NUVA
| $11.1M | 0.01% |
143,822
+24,772
| +21% | +$1.92M |
|
899
New York Times
NYT
$9.53B
| $11.1M | 0.01% |
345,408
-6,599
| -2% | -$212K |
|
900
Air Lease Corp
AL
$7.1B
| $11.1M | 0.01% |
233,507
-5,202
| -2% | -$247K |
|