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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
AMN Healthcare
AMN
$740M
| $6.09M | 0.01% |
105,279
-58,135
| -36% | -$3.36M |
|
927
RBC Bearings
RBC
$12.1B
| $6.09M | 0.01% |
53,956
-2,700
| -5% | -$305K |
|
|
MZTI
928
The Marzetti Company Common Stock
MZTI
$5.02B
| $6.09M | 0.01% |
42,069
-2,200
| -5% | -$318K |
|
|
MNTA
929
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $6.08M | 0.01% |
223,558
-6,071
| -3% | -$165K |
|
930
Omnicell
OMCL
$1.49B
| $6.08M | 0.01% |
92,646
-19,600
| -17% | -$1.29M |
|
931
FibroGen
FGEN
$46M
| $6.08M | 0.01% |
6,992
-64
| -0.9% | -$55.6K |
|
932
Radian Group
RDN
$4.71B
| $6.07M | 0.01% |
468,935
-87,501
| -16% | -$1.13M |
|
|
MRO
933
DELISTED
Marathon Oil Corporation
MRO
| $6.06M | 0.01% |
1,842,300
-91,979
| -5% | -$303K |
|
934
Novanta
NOVT
$4.1B
| $6.05M | 0.01% |
75,723
-3,800
| -5% | -$304K |
|
935
Blackbaud
BLKB
$3.35B
| $6.04M | 0.01% |
108,796
+1,600
| +1% | +$88.9K |
|
|
MGP
936
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $6.04M | 0.01% |
254,988
+27,716
| +12% | +$656K |
|
937
CVB Financial
CVBF
$2.71B
| $6.03M | 0.01% |
300,971
-15,000
| -5% | -$301K |
|
938
Devon Energy
DVN
$22.5B
| $6.03M | 0.01% |
872,601
-294,124
| -25% | -$2.03M |
|
939
Clean Harbors
CLH
$12.7B
| $6M | 0.01% |
116,931
-5,800
| -5% | -$298K |
|
940
PTC Therapeutics
PTCT
$4.83B
| $6M | 0.01% |
134,485
-43,014
| -24% | -$1.92M |
|
941
Regal Rexnord
RRX
$9.45B
| $5.98M | 0.01% |
95,042
-17,116
| -15% | -$1.08M |
|
942
Liberty Broadband Class A
LBRDA
$8.95B
| $5.97M | 0.01% |
55,823
+800
| +1% | +$85.6K |
|
943
JetBlue
JBLU
$1.86B
| $5.96M | 0.01% |
666,376
-53,018
| -7% | -$475K |
|
944
Nexstar Media Group
NXST
$6.24B
| $5.95M | 0.01% |
102,979
-35,844
| -26% | -$2.07M |
|
945
Emergent Biosolutions
EBS
$422M
| $5.94M | 0.01% |
102,735
-46,814
| -31% | -$2.71M |
|
946
NeoGenomics
NEO
$1.05B
| $5.94M | 0.01% |
215,027
-147,485
| -41% | -$4.07M |
|
947
Pure Storage
PSTG
$28.1B
| $5.94M | 0.01% |
482,700
-12,300
| -2% | -$151K |
|
948
NewMarket
NEU
$7.89B
| $5.93M | 0.01% |
15,492
-5,403
| -26% | -$2.07M |
|
|
SRC
949
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $5.91M | 0.01% |
225,835
-26,689
| -11% | -$698K |
|
950
Bath & Body Works
BBWI
$5.37B
| $5.9M | 0.01% |
631,072
+9,278
| +1% | +$86.7K |
|