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 | |
|---|---|---|---|---|---|---|
|
NUVA
951
DELISTED
NuVasive, Inc.
NUVA
| $5.89M | 0.01% |
116,277
-27,545
| -19% | -$1.4M |
|
952
Brink's
BCO
$4.86B
| $5.89M | 0.01% |
113,147
-35,153
| -24% | -$1.83M |
|
|
DOC
953
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $5.88M | 0.01% |
421,984
-107,321
| -20% | -$1.5M |
|
954
Brighthouse Financial
BHF
$2.66B
| $5.84M | 0.01% |
241,653
-27,821
| -10% | -$672K |
|
955
Viavi Solutions
VIAV
$2.75B
| $5.84M | 0.01% |
520,532
-33,200
| -6% | -$372K |
|
956
Credit Acceptance
CACC
$5.72B
| $5.82M | 0.01% |
22,771
-1,777
| -7% | -$454K |
|
957
Agree Realty
ADC
$8.02B
| $5.8M | 0.01% |
93,670
+10,000
| +12% | +$619K |
|
958
Performance Food Group
PFGC
$16.7B
| $5.79M | 0.01% |
234,348
-7,107
| -3% | -$176K |
|
959
Essent Group
ESNT
$6.25B
| $5.79M | 0.01% |
219,739
-161,915
| -42% | -$4.26M |
|
960
Q2 Holdings
QTWO
$5.21B
| $5.78M | 0.01% |
97,920
-600
| -0.6% | -$35.4K |
|
|
ENV
961
DELISTED
ENVESTNET, INC.
ENV
| $5.78M | 0.01% |
107,490
-4,400
| -4% | -$237K |
|
|
PRSP
962
DELISTED
Perspecta Inc. Common Stock
PRSP
| $5.77M | 0.01% |
316,318
-92,812
| -23% | -$1.69M |
|
963
Avnet
AVT
$4.37B
| $5.75M | 0.01% |
228,980
-6,661
| -3% | -$167K |
|
|
COHR
964
DELISTED
Coherent Inc
COHR
| $5.74M | 0.01% |
53,921
-17,076
| -24% | -$1.82M |
|
965
Coherent
COHR
$15.9B
| $5.73M | 0.01% |
200,960
-54,218
| -21% | -$1.55M |
|
966
nVent Electric
NVT
$15.6B
| $5.72M | 0.01% |
339,272
+362
| +0.1% | +$6.11K |
|
967
Spirit AeroSystems
SPR
$4.56B
| $5.7M | 0.01% |
238,125
-11,100
| -4% | -$266K |
|
968
First Horizon
FHN
$11.5B
| $5.68M | 0.01% |
704,235
-42,849
| -6% | -$345K |
|
|
ACIA
969
DELISTED
Acacia Communications, Inc. Common Stock
ACIA
| $5.67M | 0.01% |
84,379
-3,800
| -4% | -$255K |
|
970
Eagle Materials
EXP
$7.67B
| $5.66M | 0.01% |
96,930
-2,253
| -2% | -$132K |
|
971
Synovus
SNV
$7.15B
| $5.65M | 0.01% |
321,799
-30,435
| -9% | -$534K |
|
972
Power Integrations
POWI
$2.55B
| $5.64M | 0.01% |
127,612
-6,400
| -5% | -$283K |
|
973
Crane NXT
CXT
$3.36B
| $5.61M | 0.01% |
328,468
-107,974
| -25% | -$1.84M |
|
974
Assured Guaranty
AGO
$3.89B
| $5.6M | 0.01% |
217,295
-97,996
| -31% | -$2.53M |
|
975
Nutanix
NTNX
$20.9B
| $5.59M | 0.01% |
353,900
+21,300
| +6% | +$337K |
|