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 | |
|---|---|---|---|---|---|---|
901
Verint Systems
VRNT
$1.23B
| $6.36M | 0.01% |
290,357
-62,522
| -18% | -$1.37M |
|
902
H&R Block
HRB
$6.85B
| $6.34M | 0.01% |
449,999
-40,200
| -8% | -$566K |
|
903
BJs Wholesale Club
BJ
$13.1B
| $6.33M | 0.01% |
248,513
+2,000
| +0.8% | +$50.9K |
|
904
White Mountains Insurance
WTM
$4.42B
| $6.31M | 0.01% |
6,936
-200
| -3% | -$182K |
|
905
Stifel
SF
$11.6B
| $6.31M | 0.01% |
229,283
-138,466
| -38% | -$3.81M |
|
906
Avista
AVA
$2.93B
| $6.3M | 0.01% |
148,292
-32,832
| -18% | -$1.4M |
|
907
Polaris
PII
$3.23B
| $6.28M | 0.01% |
130,396
-14,033
| -10% | -$676K |
|
908
Wendy's
WEN
$1.81B
| $6.25M | 0.01% |
419,930
-93,630
| -18% | -$1.39M |
|
909
ACI Worldwide
ACIW
$5.14B
| $6.25M | 0.01% |
258,604
+1,945
| +0.8% | +$47K |
|
910
Ashland
ASH
$2.34B
| $6.24M | 0.01% |
124,606
-10,291
| -8% | -$515K |
|
911
WD-40
WDFC
$2.88B
| $6.22M | 0.01% |
30,968
-4,900
| -14% | -$984K |
|
912
PVH
PVH
$4.02B
| $6.21M | 0.01% |
164,922
-16,271
| -9% | -$612K |
|
913
Mattel
MAT
$5.55B
| $6.2M | 0.01% |
703,800
+11,500
| +2% | +$101K |
|
914
Texas Roadhouse
TXRH
$10.9B
| $6.18M | 0.01% |
149,692
-9,843
| -6% | -$406K |
|
915
Arrowhead Research
ARWR
$4.13B
| $6.18M | 0.01% |
214,681
-115,348
| -35% | -$3.32M |
|
|
BPMC
916
DELISTED
Blueprint Medicines
BPMC
| $6.18M | 0.01% |
105,600
+600
| +0.6% | +$35.1K |
|
|
EE
917
DELISTED
El Paso Electric Company
EE
| $6.14M | 0.01% |
90,366
+3,900
| +5% | +$265K |
|
918
Nektar Therapeutics
NKTR
$968M
| $6.14M | 0.01% |
22,933
-494
| -2% | -$132K |
|
919
Ormat Technologies
ORA
$5.61B
| $6.13M | 0.01% |
90,601
-6,997
| -7% | -$473K |
|
|
AXE
920
DELISTED
Anixter International Inc
AXE
| $6.13M | 0.01% |
69,729
+1,000
| +1% | +$87.9K |
|
921
Pegasystems
PEGA
$10B
| $6.11M | 0.01% |
171,592
-14,000
| -8% | -$499K |
|
922
AerCap
AER
$21.6B
| $6.11M | 0.01% |
268,021
-23,500
| -8% | -$536K |
|
923
Ascendis Pharma
ASND
$12.1B
| $6.1M | 0.01% |
54,200
+400
| +0.7% | +$45K |
|
924
First Solar
FSLR
$22.7B
| $6.09M | 0.01% |
168,889
-15,500
| -8% | -$559K |
|
|
PSB
925
DELISTED
PS Business Parks, Inc.
PSB
| $6.09M | 0.01% |
44,936
-25,167
| -36% | -$3.41M |
|