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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Kilroy Realty
KRC
$4.95B
| $9.08M | 0.01% |
227,962
-1,367
| -0.6% | -$54.5K |
|
902
Masimo
MASI
$8.04B
| $9.08M | 0.01% |
77,458
-5,837
| -7% | -$684K |
|
903
Ollie's Bargain Outlet
OLLI
$7.83B
| $9.08M | 0.01% |
119,591
+2,531
| +2% | +$192K |
|
904
Noble Corp
NE
$4.77B
| $9.07M | 0.01% |
188,422
+56,555
| +43% | +$2.72M |
|
905
ASGN Inc
ASGN
$2.3B
| $9.06M | 0.01% |
94,240
-2,723
| -3% | -$262K |
|
906
Workiva
WK
$4.46B
| $9.02M | 0.01% |
88,873
-1,748
| -2% | -$177K |
|
907
Advanced Energy
AEIS
$5.83B
| $9.01M | 0.01% |
82,733
-2,307
| -3% | -$251K |
|
908
Terreno Realty
TRNO
$5.99B
| $8.99M | 0.01% |
143,512
-324
| -0.2% | -$20.3K |
|
909
EnerSys
ENS
$3.87B
| $8.95M | 0.01% |
88,631
-10,703
| -11% | -$1.08M |
|
910
Signet Jewelers
SIG
$3.69B
| $8.93M | 0.01% |
83,276
-2,855
| -3% | -$306K |
|
|
AEL
911
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.91M | 0.01% |
159,758
+34,877
| +28% | +$1.95M |
|
912
National Fuel Gas
NFG
$7.8B
| $8.91M | 0.01% |
177,559
-5,227
| -3% | -$262K |
|
913
Brink's
BCO
$4.76B
| $8.91M | 0.01% |
101,268
-2,534
| -2% | -$223K |
|
914
Harley-Davidson
HOG
$3.75B
| $8.88M | 0.01% |
241,149
-12,560
| -5% | -$463K |
|
915
Halozyme
HALO
$8.85B
| $8.88M | 0.01% |
240,178
-10,073
| -4% | -$372K |
|
916
UGI
UGI
$7.39B
| $8.87M | 0.01% |
360,763
-20,570
| -5% | -$506K |
|
917
Kirby Corp
KEX
$4.91B
| $8.86M | 0.01% |
112,862
-2,751
| -2% | -$216K |
|
918
Boyd Gaming
BYD
$6.88B
| $8.83M | 0.01% |
140,997
-5,806
| -4% | -$364K |
|
919
AutoNation
AN
$8.49B
| $8.81M | 0.01% |
58,636
-4,856
| -8% | -$729K |
|
|
AIRC
920
DELISTED
Apartment Income REIT Corp.
AIRC
| $8.8M | 0.01% |
253,262
-10,502
| -4% | -$365K |
|
921
Apellis Pharmaceuticals
APLS
$3.38B
| $8.73M | 0.01% |
145,833
-38,011
| -21% | -$2.28M |
|
922
Teradata
TDC
$1.97B
| $8.72M | 0.01% |
200,483
-3,495
| -2% | -$152K |
|
|
SRCL
923
DELISTED
Stericycle Inc
SRCL
| $8.68M | 0.01% |
175,204
+2,926
| +2% | +$145K |
|
924
Valley National Bancorp
VLY
$6.06B
| $8.67M | 0.01% |
798,443
-20,634
| -3% | -$224K |
|
925
Varonis Systems
VRNS
$6.39B
| $8.64M | 0.01% |
190,916
-8,223
| -4% | -$372K |
|