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 |
Netflix
NFLX
|
+$376M |
| 2 |
Charter Communications
CHTR
|
+$360M |
| 3 |
Costco
COST
|
+$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$185M |
| 5 |
Microsoft
MSFT
|
+$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
+$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$174M |
| 3 |
Labcorp
LH
|
+$151M |
| 4 |
Stryker
SYK
|
+$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TMX
901
DELISTED
Terminix Global Holdings, Inc.
TMX
| $12.1M | 0.01% |
289,242
-5,738
| -2% | -$239K |
|
902
Novanta
NOVT
$4.14B
| $12M | 0.01% |
77,938
+668
| +0.9% | +$103K |
|
903
NeoGenomics
NEO
$1.02B
| $12M | 0.01% |
249,043
+18,348
| +8% | +$885K |
|
904
Mine Safety
MSA
$6.61B
| $12M | 0.01% |
82,369
+335
| +0.4% | +$48.8K |
|
905
Boyd Gaming
BYD
$6.84B
| $12M | 0.01% |
189,652
+3,488
| +2% | +$221K |
|
906
Enovis
ENOV
$1.78B
| $12M | 0.01% |
151,831
+2,110
| +1% | +$167K |
|
907
Ambarella
AMBA
$3.61B
| $12M | 0.01% |
76,961
+619
| +0.8% | +$96.4K |
|
908
Graphic Packaging
GPK
$6.08B
| $12M | 0.01% |
628,580
-9,425
| -1% | -$179K |
|
|
PACW
909
DELISTED
PacWest Bancorp
PACW
| $11.9M | 0.01% |
263,311
+270
| +0.1% | +$12.2K |
|
910
Idacorp
IDA
$6.73B
| $11.9M | 0.01% |
115,101
-939
| -0.8% | -$97.1K |
|
|
CIT
911
DELISTED
CIT Group Inc.
CIT
| $11.9M | 0.01% |
228,790
+7,873
| +4% | +$409K |
|
912
Glacier Bancorp
GBCI
$5.75B
| $11.9M | 0.01% |
214,359
-2,297
| -1% | -$127K |
|
913
Freshpet
FRPT
$2.78B
| $11.9M | 0.01% |
83,119
-1,347
| -2% | -$192K |
|
914
Upwork
UPWK
$2.12B
| $11.8M | 0.01% |
263,052
+252
| +0.1% | +$11.3K |
|
915
RBC Bearings
RBC
$11.8B
| $11.8M | 0.01% |
55,748
+815
| +1% | +$173K |
|
916
Curtiss-Wright
CW
$18.2B
| $11.8M | 0.01% |
93,503
-731
| -0.8% | -$92.2K |
|
917
Ultragenyx Pharmaceutical
RARE
$3.04B
| $11.8M | 0.01% |
130,756
+1,400
| +1% | +$126K |
|
918
QuidelOrtho
QDEL
$1.94B
| $11.8M | 0.01% |
83,425
-2,065
| -2% | -$291K |
|
919
MGIC Investment
MTG
$6.51B
| $11.8M | 0.01% |
786,326
-8,873
| -1% | -$133K |
|
920
HealthEquity
HQY
$8.01B
| $11.8M | 0.01% |
181,496
+1,067
| +0.6% | +$69.1K |
|
921
SouthState Bank Corporation
SSB
$10.2B
| $11.7M | 0.01% |
157,007
+1,544
| +1% | +$115K |
|
|
CDK
922
DELISTED
CDK Global, Inc.
CDK
| $11.7M | 0.01% |
275,445
-4,722
| -2% | -$201K |
|
923
First Citizens BancShares
FCNCA
$25.1B
| $11.6M | 0.01% |
13,796
+6
| +0% | +$5.06K |
|
924
Maximus
MMS
$4.93B
| $11.6M | 0.01% |
139,794
-129
| -0.1% | -$10.7K |
|
|
NATI
925
DELISTED
National Instruments Corp
NATI
| $11.6M | 0.01% |
295,744
+2,621
| +0.9% | +$103K |
|