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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Ziff Davis
ZD
$1.54B
| $8.88M | 0.01% |
165,830
-7,130
| -4% | -$382K |
|
|
ESV
902
DELISTED
Ensco Rowan plc
ESV
| $8.87M | 0.01% |
213,925
+43,750
| +26% | +$1.81M |
|
903
Photronics
PLAB
$1.33B
| $8.87M | 0.01% |
852,000
-93,700
| -10% | -$975K |
|
|
LXK
904
DELISTED
Lexmark Intl Inc
LXK
| $8.85M | 0.01% |
264,674
+25,200
| +11% | +$842K |
|
905
MBIA
MBI
$387M
| $8.84M | 0.01% |
999,200
+163,000
| +19% | +$1.44M |
|
906
Prosperity Bancshares
PB
$6.39B
| $8.79M | 0.01% |
189,416
+15,000
| +9% | +$696K |
|
|
NBIS
907
Nebius Group N.V. Class A Ordinary Shares
NBIS
$21.4B
| $8.77M | 0.01% |
572,100
-34,400
| -6% | -$527K |
|
908
Owens & Minor
OMI
$423M
| $8.7M | 0.01% |
215,106
+18,400
| +9% | +$744K |
|
|
IDTI
909
DELISTED
Integrated Device Technology I
IDTI
| $8.67M | 0.01% |
424,100
-47,600
| -10% | -$973K |
|
910
Madison Square Garden
MSGS
$5.05B
| $8.65M | 0.01% |
72,887
-4,206
| -5% | -$499K |
|
|
CAB
911
DELISTED
Cabela's Inc
CAB
| $8.62M | 0.01% |
177,100
-3,000
| -2% | -$146K |
|
912
Highwoods Properties
HIW
$3.48B
| $8.62M | 0.01% |
180,196
-4,100
| -2% | -$196K |
|
913
IAC Inc
IAC
$2.94B
| $8.61M | 0.01% |
1,023,400
+34,691
| +4% | +$292K |
|
|
AIRM
914
DELISTED
Air Methods Corp
AIRM
| $8.61M | 0.01% |
237,700
-15,600
| -6% | -$565K |
|
|
DNKN
915
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.6M | 0.01% |
182,400
-50,200
| -22% | -$2.37M |
|
|
FEIC
916
DELISTED
FEI COMPANY
FEIC
| $8.59M | 0.01% |
96,500
-1,300
| -1% | -$116K |
|
917
Bio-Rad Laboratories Class A
BIO
$7.71B
| $8.58M | 0.01% |
62,739
-2,500
| -4% | -$342K |
|
918
Sunstone Hotel Investors
SHO
$1.79B
| $8.58M | 0.01% |
612,672
-5,105
| -0.8% | -$71.5K |
|
|
SGEN
919
DELISTED
Seagen Inc. Common Stock
SGEN
| $8.55M | 0.01% |
243,700
-51,000
| -17% | -$1.79M |
|
920
CACI
CACI
$10.8B
| $8.5M | 0.01% |
79,620
-1,300
| -2% | -$139K |
|
921
Mercado Libre
MELI
$119B
| $8.49M | 0.01% |
72,000
+800
| +1% | +$94.3K |
|
922
IPG Photonics
IPGP
$3.5B
| $8.47M | 0.01% |
88,100
-8,500
| -9% | -$817K |
|
923
Crane NXT
CXT
$3.55B
| $8.46M | 0.01% |
452,003
-11,804
| -3% | -$221K |
|
|
FCS
924
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $8.45M | 0.01% |
422,381
-1,800
| -0.4% | -$36K |
|
925
Deluxe
DLX
$883M
| $8.42M | 0.01% |
134,800
+17,900
| +15% | +$1.12M |
|