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 | |
|---|---|---|---|---|---|---|
|
TRTN
901
DELISTED
Triton International Limited
TRTN
| $10.6M | 0.01% |
151,490
| – | – |
|
902
Southwest Gas
SWX
$5.66B
| $10.6M | 0.01% |
135,471
+7,091
| +6% | +$555K |
|
903
SPS Commerce
SPSC
$4.19B
| $10.6M | 0.01% |
80,754
+273
| +0.3% | +$35.8K |
|
904
Valley National Bancorp
VLY
$6.01B
| $10.6M | 0.01% |
813,390
-66,534
| -8% | -$866K |
|
905
Ryman Hospitality Properties
RHP
$6.35B
| $10.6M | 0.01% |
114,107
-6,466
| -5% | -$600K |
|
906
Helen of Troy
HELE
$587M
| $10.6M | 0.01% |
54,048
+276
| +0.5% | +$54.1K |
|
907
NCR Voyix
VYX
$1.84B
| $10.6M | 0.01% |
428,758
-15,393
| -3% | -$380K |
|
908
BWX Technologies
BWXT
$15B
| $10.6M | 0.01% |
196,183
-5,402
| -3% | -$291K |
|
909
UFP Industries
UFPI
$6.08B
| $10.5M | 0.01% |
136,395
+228
| +0.2% | +$17.6K |
|
910
Albertsons Companies
ACI
$10.7B
| $10.5M | 0.01% |
315,432
| – | – |
|
|
SWN
911
DELISTED
Southwestern Energy Company
SWN
| $10.5M | 0.01% |
+1,460,014
| New | +$10.5M |
|
912
Credit Acceptance
CACC
$5.87B
| $10.4M | 0.01% |
18,981
| – | – |
|
913
Element Solutions
ESI
$6.33B
| $10.4M | 0.01% |
476,157
-18,068
| -4% | -$396K |
|
914
Applovin
APP
$166B
| $10.4M | 0.01% |
+189,328
| New | +$10.4M |
|
915
Upstart Holdings
UPST
$6.44B
| $10.4M | 0.01% |
95,535
-6,573
| -6% | -$717K |
|
916
Air Lease Corp
AL
$7.12B
| $10.4M | 0.01% |
233,300
-7,081
| -3% | -$316K |
|
917
TEGNA Inc
TGNA
$3.38B
| $10.3M | 0.01% |
462,007
-43,935
| -9% | -$984K |
|
918
AMN Healthcare
AMN
$799M
| $10.3M | 0.01% |
99,189
-7,456
| -7% | -$778K |
|
|
CCMP
919
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $10.3M | 0.01% |
55,761
-6,851
| -11% | -$1.27M |
|
920
WIX.com
WIX
$8.52B
| $10.3M | 0.01% |
98,911
-4,028
| -4% | -$421K |
|
921
Toll Brothers
TOL
$14.2B
| $10.3M | 0.01% |
219,329
-16,249
| -7% | -$764K |
|
|
UNVR
922
DELISTED
Univar Solutions Inc.
UNVR
| $10.3M | 0.01% |
319,966
-25,292
| -7% | -$813K |
|
923
Perrigo
PRGO
$3.12B
| $10.2M | 0.01% |
266,307
-20,775
| -7% | -$798K |
|
924
Agree Realty
ADC
$8.08B
| $10.2M | 0.01% |
154,112
+4,863
| +3% | +$323K |
|
925
Highwoods Properties
HIW
$3.44B
| $10.2M | 0.01% |
222,769
-8,551
| -4% | -$391K |
|