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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
NOV
NOV
$4.94B
| $8.16M | 0.01% |
900,653
+23,993
| +3% | +$217K |
|
952
KB Home
KBH
$4.45B
| $8.13M | 0.01% |
211,730
+8,221
| +4% | +$316K |
|
953
National Fuel Gas
NFG
$7.85B
| $8.09M | 0.01% |
199,413
+12,396
| +7% | +$503K |
|
954
Stifel
SF
$11.5B
| $8.09M | 0.01% |
240,051
+8,511
| +4% | +$287K |
|
955
Texas Pacific Land
TPL
$21.5B
| $8.09M | 0.01% |
53,715
+1,701
| +3% | +$256K |
|
956
Rayonier
RYN
$4B
| $8.07M | 0.01% |
320,930
-3,848
| -1% | -$96.8K |
|
957
Xerox
XRX
$462M
| $8.07M | 0.01% |
430,104
+15,388
| +4% | +$289K |
|
958
Timken Company
TKR
$5.37B
| $8.06M | 0.01% |
148,689
-738
| -0.5% | -$40K |
|
959
Valvoline
VVV
$5.17B
| $8.06M | 0.01% |
423,214
+8,977
| +2% | +$171K |
|
960
HealthEquity
HQY
$7.89B
| $8.04M | 0.01% |
156,500
+15,200
| +11% | +$781K |
|
961
Highwoods Properties
HIW
$3.48B
| $8.03M | 0.01% |
239,196
+7,687
| +3% | +$258K |
|
962
Southwest Gas
SWX
$5.65B
| $8.01M | 0.01% |
126,881
+4,660
| +4% | +$294K |
|
963
Morningstar
MORN
$10.5B
| $7.99M | 0.01% |
49,733
+1,393
| +3% | +$224K |
|
964
Janus Henderson
JHG
$6.93B
| $7.98M | 0.01% |
367,556
+16,257
| +5% | +$353K |
|
965
Advanced Drainage Systems
WMS
$10.9B
| $7.98M | 0.01% |
127,819
+17,296
| +16% | +$1.08M |
|
|
SAIL
966
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $7.95M | 0.01% |
200,966
+6,158
| +3% | +$244K |
|
967
Lazard
LAZ
$5.13B
| $7.92M | 0.01% |
239,604
+10,754
| +5% | +$355K |
|
968
Protolabs
PRLB
$1.18B
| $7.91M | 0.01% |
61,059
+1,281
| +2% | +$166K |
|
969
FibroGen
FGEN
$46.5M
| $7.9M | 0.01% |
7,684
+333
| +5% | +$342K |
|
970
Royalty Pharma
RPRX
$15.4B
| $7.87M | 0.01% |
+186,976
| New | +$7.87M |
|
971
Nomad Foods
NOMD
$2.07B
| $7.85M | 0.01% |
308,068
-69,835
| -18% | -$1.78M |
|
972
Grand Canyon Education
LOPE
$5.84B
| $7.85M | 0.01% |
98,172
+2,900
| +3% | +$232K |
|
973
EQT Corp
EQT
$31.2B
| $7.84M | 0.01% |
606,220
+21,654
| +4% | +$280K |
|
974
Semtech
SMTC
$5.43B
| $7.83M | 0.01% |
147,783
+3,396
| +2% | +$180K |
|
975
UFP Industries
UFPI
$5.76B
| $7.81M | 0.01% |
138,109
+2,903
| +2% | +$164K |
|