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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
876
Choice Hotels
CHH
$5.31B
| $11.1M | 0.01% |
78,181
+866
| +1% | +$123K |
|
877
Ashland
ASH
$2.49B
| $11.1M | 0.01% |
112,615
-4,450
| -4% | -$438K |
|
878
HealthEquity
HQY
$8.02B
| $11.1M | 0.01% |
164,112
-6,130
| -4% | -$413K |
|
879
Mine Safety
MSA
$6.67B
| $11M | 0.01% |
82,776
-593
| -0.7% | -$78.7K |
|
|
FLG
880
Flagstar Financial, Inc.
FLG
$5.35B
| $11M | 0.01% |
340,531
+20,100
| +6% | +$646K |
|
881
Rogers Corp
ROG
$1.42B
| $10.9M | 0.01% |
40,299
+4,862
| +14% | +$1.32M |
|
882
Kinsale Capital Group
KNSL
$10.5B
| $10.9M | 0.01% |
47,995
+152
| +0.3% | +$34.7K |
|
883
Black Hills Corp
BKH
$4.26B
| $10.9M | 0.01% |
141,843
| – | – |
|
884
Cirrus Logic
CRUS
$6.03B
| $10.9M | 0.01% |
128,824
+1,237
| +1% | +$105K |
|
885
Ionis Pharmaceuticals
IONS
$9.72B
| $10.9M | 0.01% |
294,815
+10,391
| +4% | +$385K |
|
886
Boyd Gaming
BYD
$6.92B
| $10.9M | 0.01% |
165,225
-12,355
| -7% | -$813K |
|
887
ManpowerGroup
MAN
$1.78B
| $10.9M | 0.01% |
115,624
-3,317
| -3% | -$312K |
|
888
Travel + Leisure Co
TNL
$4.1B
| $10.9M | 0.01% |
187,306
-6,289
| -3% | -$364K |
|
889
Interactive Brokers
IBKR
$27.2B
| $10.9M | 0.01% |
658,584
-32,788
| -5% | -$540K |
|
890
Chemours
CC
$2.43B
| $10.8M | 0.01% |
344,124
-12,278
| -3% | -$387K |
|
891
The Ensign Group
ENSG
$10B
| $10.8M | 0.01% |
120,121
-405
| -0.3% | -$36.5K |
|
892
Intellia Therapeutics
NTLA
$1.27B
| $10.8M | 0.01% |
148,701
-4,885
| -3% | -$355K |
|
893
RBC Bearings
RBC
$12.1B
| $10.8M | 0.01% |
55,642
| – | – |
|
|
CHX
894
DELISTED
ChampionX
CHX
| $10.8M | 0.01% |
439,732
+479
| +0.1% | +$11.7K |
|
895
MDU Resources
MDU
$3.29B
| $10.8M | 0.01% |
1,062,026
-113,514
| -10% | -$1.15M |
|
896
Fox Class B
FOX
$25.3B
| $10.7M | 0.01% |
295,901
-21,888
| -7% | -$794K |
|
|
IAA
897
DELISTED
IAA, Inc. Common Stock
IAA
| $10.7M | 0.01% |
280,142
-7,692
| -3% | -$294K |
|
|
SGI
898
Somnigroup International Inc.
SGI
$18.1B
| $10.7M | 0.01% |
383,653
-33,327
| -8% | -$931K |
|
899
Simpson Manufacturing
SSD
$8.14B
| $10.7M | 0.01% |
97,674
| – | – |
|
900
Yeti Holdings
YETI
$2.9B
| $10.6M | 0.01% |
177,368
-5,971
| -3% | -$358K |
|