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 | |
|---|---|---|---|---|---|---|
|
IMMU
951
DELISTED
Immunomedics Inc
IMMU
| $10.3M | 0.01% |
485,671
+193,871
| +66% | +$4.1M |
|
952
SPX Corp
SPXC
$9.4B
| $10.3M | 0.01% |
201,544
+107,006
| +113% | +$5.44M |
|
953
New Jersey Resources
NJR
$4.76B
| $10.2M | 0.01% |
229,179
+7,712
| +3% | +$344K |
|
954
NCR Voyix
VYX
$1.8B
| $10.2M | 0.01% |
472,759
+4,308
| +0.9% | +$92.9K |
|
955
AMN Healthcare
AMN
$727M
| $10.2M | 0.01% |
163,414
+42,925
| +36% | +$2.67M |
|
|
PDM
956
Piedmont Realty Trust, Inc.
PDM
$1.09B
| $10.2M | 0.01% |
457,330
+195,832
| +75% | +$4.36M |
|
957
Rayonier
RYN
$4.13B
| $10.2M | 0.01% |
326,182
-20,486
| -6% | -$639K |
|
958
NewMarket
NEU
$7.98B
| $10.2M | 0.01% |
20,895
-3,083
| -13% | -$1.5M |
|
959
RLJ Lodging Trust
RLJ
$1.16B
| $10.2M | 0.01% |
573,100
+119,077
| +26% | +$2.11M |
|
960
Liberty Global Class A
LBTYA
$4.07B
| $10.1M | 0.01% |
446,281
-67,177
| -13% | -$1.53M |
|
|
JWN
961
DELISTED
Nordstrom
JWN
| $10.1M | 0.01% |
247,644
-29,290
| -11% | -$1.2M |
|
962
Dick's Sporting Goods
DKS
$20.7B
| $10.1M | 0.01% |
204,711
-51,905
| -20% | -$2.57M |
|
963
ScottsMiracle-Gro
SMG
$3.56B
| $10.1M | 0.01% |
95,236
-4,155
| -4% | -$441K |
|
964
Southwest Gas
SWX
$5.69B
| $10.1M | 0.01% |
133,085
+10,776
| +9% | +$819K |
|
965
Flowers Foods
FLO
$3.01B
| $10.1M | 0.01% |
464,411
-66,343
| -12% | -$1.44M |
|
966
CyberArk
CYBR
$23.8B
| $10.1M | 0.01% |
86,430
-575
| -0.7% | -$67K |
|
967
Sabra Healthcare REIT
SBRA
$4.59B
| $10.1M | 0.01% |
471,633
+123,571
| +36% | +$2.64M |
|
|
RP
968
DELISTED
RealPage, Inc.
RP
| $10M | 0.01% |
186,700
+19,102
| +11% | +$1.03M |
|
|
SJI
969
DELISTED
South Jersey Industries, Inc.
SJI
| $10M | 0.01% |
304,063
+107,167
| +54% | +$3.53M |
|
|
DOC
970
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $10M | 0.01% |
529,305
+143,870
| +37% | +$2.72M |
|
|
XIFR
971
XPLR Infrastructure, LP
XIFR
$949M
| $10M | 0.01% |
190,339
-5,618
| -3% | -$296K |
|
972
Navient
NAVI
$1.31B
| $10M | 0.01% |
731,504
+136,862
| +23% | +$1.87M |
|
973
Avnet
AVT
$4.52B
| $10M | 0.01% |
235,641
-25,025
| -10% | -$1.06M |
|
974
Verint Systems
VRNT
$1.23B
| $9.95M | 0.01% |
352,879
+73,275
| +26% | +$2.07M |
|
975
Hillenbrand
HI
$1.81B
| $9.95M | 0.01% |
298,726
+121,294
| +68% | +$4.04M |
|