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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVRO
876
DELISTED
NEVRO CORP.
NVRO
| $6.66M | 0.01% |
66,656
-1,030
| -2% | -$103K |
|
877
Western Alliance Bancorporation
WAL
$9.86B
| $6.65M | 0.01% |
217,206
-34,265
| -14% | -$1.05M |
|
|
JOYY
878
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $6.65M | 0.01% |
124,766
+1,517
| +1% | +$80.8K |
|
879
Texas Pacific Land
TPL
$21.1B
| $6.64M | 0.01% |
52,422
-2,400
| -4% | -$304K |
|
880
Affiliated Managers Group
AMG
$6.75B
| $6.62M | 0.01% |
111,935
-1,700
| -1% | -$101K |
|
881
Brixmor Property Group
BRX
$8.52B
| $6.61M | 0.01% |
695,667
-55,763
| -7% | -$530K |
|
882
Harley-Davidson
HOG
$3.62B
| $6.61M | 0.01% |
349,030
-10,400
| -3% | -$197K |
|
|
GBT
883
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $6.59M | 0.01% |
129,052
-35,980
| -22% | -$1.84M |
|
884
Carter's
CRI
$1.14B
| $6.58M | 0.01% |
100,056
-10,286
| -9% | -$676K |
|
885
Glacier Bancorp
GBCI
$5.75B
| $6.58M | 0.01% |
193,356
-44,277
| -19% | -$1.51M |
|
886
Herbalife
HLF
$963M
| $6.57M | 0.01% |
225,249
-2,400
| -1% | -$70K |
|
887
Qualys
QLYS
$4.77B
| $6.57M | 0.01% |
75,482
-4,600
| -6% | -$400K |
|
|
CBPO
888
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $6.56M | 0.01% |
60,759
+736
| +1% | +$79.4K |
|
889
Globant
GLOB
$2.5B
| $6.54M | 0.01% |
74,469
-4,111
| -5% | -$361K |
|
890
Wyndham Hotels & Resorts
WH
$6.34B
| $6.51M | 0.01% |
206,564
-4,100
| -2% | -$129K |
|
891
Hanesbrands
HBI
$2.22B
| $6.49M | 0.01% |
824,297
-38,928
| -5% | -$306K |
|
892
Selective Insurance
SIGI
$4.71B
| $6.48M | 0.01% |
130,327
-57,825
| -31% | -$2.87M |
|
|
NBL
893
DELISTED
Noble Energy, Inc.
NBL
| $6.47M | 0.01% |
1,071,906
-256,078
| -19% | -$1.55M |
|
|
BPY
894
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $6.46M | 0.01% |
802,012
+273,690
| +52% | +$2.21M |
|
895
Melco Resorts & Entertainment
MLCO
$3.72B
| $6.46M | 0.01% |
520,848
-34,098
| -6% | -$423K |
|
896
Brunswick
BC
$4.25B
| $6.46M | 0.01% |
182,594
+8,488
| +5% | +$300K |
|
897
Valley National Bancorp
VLY
$6.03B
| $6.42M | 0.01% |
878,098
-39,900
| -4% | -$292K |
|
898
Simpson Manufacturing
SSD
$7.6B
| $6.4M | 0.01% |
103,275
-3,376
| -3% | -$209K |
|
899
Pinnacle Financial Partners
PNFP
$7.54B
| $6.4M | 0.01% |
170,421
-60,503
| -26% | -$2.27M |
|
900
Starwood Property Trust
STWD
$7.45B
| $6.37M | 0.01% |
621,283
-33,174
| -5% | -$340K |
|