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 | |
|---|---|---|---|---|---|---|
|
ENV
876
DELISTED
ENVESTNET, INC.
ENV
| $9.37M | 0.01% |
121,438
+12,837
| +12% | +$990K |
|
|
NBL
877
DELISTED
Noble Energy, Inc.
NBL
| $9.29M | 0.01% |
1,086,220
+26,187
| +2% | +$224K |
|
878
Allison Transmission
ALSN
$7.33B
| $9.27M | 0.01% |
263,755
+7,276
| +3% | +$256K |
|
879
Kinsale Capital Group
KNSL
$9.98B
| $9.27M | 0.01% |
48,723
+2,101
| +5% | +$400K |
|
880
Wendy's
WEN
$1.8B
| $9.24M | 0.01% |
414,640
+11,781
| +3% | +$263K |
|
881
Blue Owl Capital
OBDC
$7.02B
| $9.22M | 0.01% |
764,072
+19,200
| +3% | +$232K |
|
|
MBT
882
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $9.21M | 0.01% |
1,054,678
+12,317
| +1% | +$108K |
|
883
Texas Roadhouse
TXRH
$11B
| $9.2M | 0.01% |
151,342
+4,997
| +3% | +$304K |
|
884
Idacorp
IDA
$6.73B
| $9.19M | 0.01% |
114,950
+2,536
| +2% | +$203K |
|
885
Mattel
MAT
$5.55B
| $9.18M | 0.01% |
784,316
+19,400
| +3% | +$227K |
|
886
Arrowhead Research
ARWR
$4.03B
| $9.14M | 0.01% |
212,290
-12,972
| -6% | -$559K |
|
887
Harley-Davidson
HOG
$3.62B
| $9.14M | 0.01% |
372,316
+24,993
| +7% | +$613K |
|
888
Ashland
ASH
$2.34B
| $9.1M | 0.01% |
128,374
+4,343
| +4% | +$308K |
|
889
Ares Management
ARES
$39.3B
| $9.1M | 0.01% |
225,150
+5,600
| +3% | +$226K |
|
890
Lattice Semiconductor
LSCC
$9.05B
| $9.1M | 0.01% |
314,208
+9,884
| +3% | +$286K |
|
|
WMGI
891
DELISTED
Wright Medical Group Inc
WMGI
| $9.08M | 0.01% |
297,367
| – | – |
|
892
Brookfield Renewable
BEPC
$6.09B
| $9.07M | 0.01% |
+232,191
| New | +$9.07M |
|
893
CyberArk
CYBR
$24B
| $9.02M | 0.01% |
87,208
+3,521
| +4% | +$364K |
|
894
Cirrus Logic
CRUS
$6.1B
| $9M | 0.01% |
133,378
+1,436
| +1% | +$96.9K |
|
895
Envista
NVST
$3.49B
| $8.99M | 0.01% |
364,071
+9,000
| +3% | +$222K |
|
896
Curtiss-Wright
CW
$18.8B
| $8.98M | 0.01% |
96,290
+2,184
| +2% | +$204K |
|
897
Liberty Global Class A
LBTYA
$4.01B
| $8.92M | 0.01% |
424,496
+10,035
| +2% | +$211K |
|
|
XIFR
898
XPLR Infrastructure, LP
XIFR
$931M
| $8.86M | 0.01% |
147,692
+3,239
| +2% | +$194K |
|
899
Mercury Systems
MRCY
$4.48B
| $8.85M | 0.01% |
114,200
+1,966
| +2% | +$152K |
|
|
MGP
900
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $8.83M | 0.01% |
315,684
+21,233
| +7% | +$594K |
|