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 | |
|---|---|---|---|---|---|---|
|
MANT
901
DELISTED
Mantech International Corp
MANT
| $11M | 0.01% |
138,159
+60,352
| +78% | +$4.82M |
|
|
CIT
902
DELISTED
CIT Group Inc.
CIT
| $11M | 0.01% |
240,880
-42,372
| -15% | -$1.93M |
|
|
LSI
903
DELISTED
Life Storage, Inc.
LSI
| $11M | 0.01% |
152,228
-11,995
| -7% | -$866K |
|
904
HealthEquity
HQY
$7.96B
| $11M | 0.01% |
148,169
+3,031
| +2% | +$225K |
|
|
SMAR
905
DELISTED
Smartsheet Inc.
SMAR
| $11M | 0.01% |
244,033
+53,581
| +28% | +$2.41M |
|
906
Armstrong World Industries
AWI
$8.61B
| $10.9M | 0.01% |
116,357
-7,035
| -6% | -$661K |
|
907
Glacier Bancorp
GBCI
$5.8B
| $10.9M | 0.01% |
237,633
+55,659
| +31% | +$2.56M |
|
908
Landstar System
LSTR
$4.59B
| $10.9M | 0.01% |
95,929
-8,991
| -9% | -$1.02M |
|
|
PACW
909
DELISTED
PacWest Bancorp
PACW
| $10.9M | 0.01% |
285,328
-37,018
| -11% | -$1.42M |
|
910
Kirby Corp
KEX
$4.91B
| $10.9M | 0.01% |
121,755
-10,430
| -8% | -$934K |
|
911
Credit Acceptance
CACC
$5.9B
| $10.9M | 0.01% |
24,548
-2,253
| -8% | -$997K |
|
912
iQIYI
IQ
$2.52B
| $10.9M | 0.01% |
514,217
+267,334
| +108% | +$5.64M |
|
913
Herbalife
HLF
$964M
| $10.9M | 0.01% |
227,649
+37,059
| +19% | +$1.77M |
|
914
Highwoods Properties
HIW
$3.49B
| $10.8M | 0.01% |
221,337
+27,778
| +14% | +$1.36M |
|
|
PRSP
915
DELISTED
Perspecta Inc. Common Stock
PRSP
| $10.8M | 0.01% |
409,130
+115,947
| +40% | +$3.07M |
|
916
COPT Defense Properties
CDP
$3.45B
| $10.8M | 0.01% |
368,147
+153,992
| +72% | +$4.52M |
|
917
WNS Holdings
WNS
$3.25B
| $10.8M | 0.01% |
163,366
+43,694
| +37% | +$2.89M |
|
918
Saia
SAIA
$8.41B
| $10.8M | 0.01% |
115,988
+51,062
| +79% | +$4.75M |
|
919
Dolby
DLB
$6.91B
| $10.8M | 0.01% |
156,576
-10,669
| -6% | -$734K |
|
920
Murphy Oil
MUR
$3.69B
| $10.8M | 0.01% |
401,278
+97,572
| +32% | +$2.61M |
|
921
LCI Industries
LCII
$2.52B
| $10.7M | 0.01% |
100,239
+31,906
| +47% | +$3.42M |
|
922
Exponent
EXPO
$3.58B
| $10.7M | 0.01% |
155,072
+8,225
| +6% | +$568K |
|
923
HEICO
HEI
$44.7B
| $10.7M | 0.01% |
93,609
-22,809
| -20% | -$2.6M |
|
924
Match Group
MTCH
$9.15B
| $10.7M | 0.01% |
129,913
-4,843
| -4% | -$398K |
|
925
Ingersoll Rand
IR
$32.2B
| $10.7M | 0.01% |
290,393
+47,068
| +19% | +$1.73M |
|