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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
Integra LifeSciences
IART
$1.19B
| $10.6M | 0.01% |
182,665
+31,021
| +20% | +$1.81M |
|
927
Hancock Whitney
HWC
$5.37B
| $10.6M | 0.01% |
241,710
+6,980
| +3% | +$306K |
|
928
NeoGenomics
NEO
$1.05B
| $10.6M | 0.01% |
362,512
+145,468
| +67% | +$4.25M |
|
929
Brighthouse Financial
BHF
$2.83B
| $10.6M | 0.01% |
269,474
+51,074
| +23% | +$2M |
|
930
SolarEdge
SEDG
$1.75B
| $10.6M | 0.01% |
111,155
+19,962
| +22% | +$1.9M |
|
|
FL
931
DELISTED
Foot Locker
FL
| $10.5M | 0.01% |
270,120
+17,437
| +7% | +$680K |
|
932
Clean Harbors
CLH
$12.6B
| $10.5M | 0.01% |
122,731
+11,634
| +10% | +$998K |
|
933
Ligand Pharmaceuticals
LGND
$3.2B
| $10.5M | 0.01% |
161,645
+98,275
| +155% | +$6.39M |
|
934
Caesars Entertainment
CZR
$5.35B
| $10.5M | 0.01% |
176,252
+36,091
| +26% | +$2.15M |
|
935
Valley National Bancorp
VLY
$6.11B
| $10.5M | 0.01% |
917,998
+44,114
| +5% | +$505K |
|
936
Bread Financial
BFH
$2.94B
| $10.5M | 0.01% |
117,152
-23,666
| -17% | -$2.12M |
|
937
FIVE9
FIVN
$2.02B
| $10.5M | 0.01% |
159,645
+16,835
| +12% | +$1.1M |
|
|
SYNH
938
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $10.5M | 0.01% |
175,739
+58,814
| +50% | +$3.5M |
|
|
BLUE
939
DELISTED
bluebird bio
BLUE
| $10.5M | 0.01% |
9,195
+1,128
| +14% | +$1.28M |
|
940
Brunswick
BC
$4.32B
| $10.4M | 0.01% |
174,106
+2,719
| +2% | +$163K |
|
|
JBGS
941
JBG SMITH
JBGS
$1.45B
| $10.4M | 0.01% |
261,494
+4,366
| +2% | +$174K |
|
|
ICPT
942
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.4M | 0.01% |
83,965
+37,936
| +82% | +$4.7M |
|
943
Topgolf Callaway Brands
MODG
$1.76B
| $10.4M | 0.01% |
490,408
+311,214
| +174% | +$6.6M |
|
944
Nutanix
NTNX
$21.5B
| $10.4M | 0.01% |
332,600
+98,000
| +42% | +$3.06M |
|
945
IPG Photonics
IPGP
$3.42B
| $10.4M | 0.01% |
71,600
+12,100
| +20% | +$1.75M |
|
946
Grand Canyon Education
LOPE
$5.89B
| $10.4M | 0.01% |
108,080
+5,595
| +5% | +$536K |
|
947
Autohome
ATHM
$3.46B
| $10.3M | 0.01% |
129,150
+20,581
| +19% | +$1.65M |
|
948
Ashland
ASH
$2.44B
| $10.3M | 0.01% |
134,897
+17,386
| +15% | +$1.33M |
|
949
First Solar
FSLR
$21.8B
| $10.3M | 0.01% |
184,389
-4,829
| -3% | -$270K |
|
950
National Fuel Gas
NFG
$7.96B
| $10.3M | 0.01% |
221,217
-17,878
| -7% | -$832K |
|