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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Boyd Gaming
BYD
$6.93B
| $10M | 0.01% |
183,486
-14,495
| -7% | -$790K |
|
902
Coherent
COHR
$15.2B
| $9.99M | 0.01% |
284,479
-16,763
| -6% | -$588K |
|
903
Rogers Corp
ROG
$1.43B
| $9.97M | 0.01% |
83,553
-6,811
| -8% | -$813K |
|
904
AXIS Capital
AXS
$7.62B
| $9.93M | 0.01% |
183,278
+8,943
| +5% | +$484K |
|
905
Apellis Pharmaceuticals
APLS
$3.55B
| $9.93M | 0.01% |
191,964
+22,282
| +13% | +$1.15M |
|
906
MGIC Investment
MTG
$6.55B
| $9.85M | 0.01% |
757,888
-16,439
| -2% | -$214K |
|
907
DaVita
DVA
$9.86B
| $9.84M | 0.01% |
131,796
-4,988
| -4% | -$372K |
|
908
Power Integrations
POWI
$2.52B
| $9.78M | 0.01% |
136,419
+3,145
| +2% | +$226K |
|
909
Allison Transmission
ALSN
$7.53B
| $9.75M | 0.01% |
234,345
-9,062
| -4% | -$377K |
|
910
GATX Corp
GATX
$5.97B
| $9.72M | 0.01% |
91,388
+5,028
| +6% | +$535K |
|
911
Cadence Bank
CADE
$7.04B
| $9.7M | 0.01% |
393,244
+1,331
| +0.3% | +$32.8K |
|
|
ITCI
912
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $9.56M | 0.01% |
180,658
-23,565
| -12% | -$1.25M |
|
|
SMAR
913
DELISTED
Smartsheet Inc.
SMAR
| $9.55M | 0.01% |
242,672
-28,360
| -10% | -$1.12M |
|
|
UMPQ
914
DELISTED
Umpqua Holdings Corp
UMPQ
| $9.55M | 0.01% |
534,936
-10,184
| -2% | -$182K |
|
915
Haemonetics
HAE
$2.62B
| $9.54M | 0.01% |
121,350
+9,527
| +9% | +$749K |
|
916
QuidelOrtho
QDEL
$1.95B
| $9.52M | 0.01% |
111,118
-5,120
| -4% | -$439K |
|
917
ASGN Inc
ASGN
$2.32B
| $9.48M | 0.01% |
116,385
+3,034
| +3% | +$247K |
|
918
Avis
CAR
$5.5B
| $9.48M | 0.01% |
57,840
-11,438
| -17% | -$1.88M |
|
919
Thor Industries
THO
$5.94B
| $9.48M | 0.01% |
125,517
+368
| +0.3% | +$27.8K |
|
920
Verint Systems
VRNT
$1.23B
| $9.47M | 0.01% |
260,910
+1,812
| +0.7% | +$65.7K |
|
921
Fox Class B
FOX
$24.9B
| $9.44M | 0.01% |
331,948
+3,092
| +0.9% | +$88K |
|
922
Spire
SR
$4.46B
| $9.4M | 0.01% |
136,492
+12,899
| +10% | +$888K |
|
923
Rithm Capital
RITM
$6.69B
| $9.38M | 0.01% |
1,147,982
-12,533
| -1% | -$102K |
|
924
Arrowhead Research
ARWR
$4.02B
| $9.38M | 0.01% |
231,193
-2,949
| -1% | -$120K |
|
925
Chart Industries
GTLS
$8.96B
| $9.37M | 0.01% |
81,291
+5,865
| +8% | +$676K |
|