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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LHCG
951
DELISTED
LHC Group LLC
LHCG
| $9.82M | 0.01% |
58,235
-8,143
| -12% | -$1.37M |
|
952
Avient
AVNT
$3.45B
| $9.81M | 0.01% |
204,363
-402
| -0.2% | -$19.3K |
|
953
Robinhood
HOOD
$90B
| $9.79M | 0.01% |
+724,588
| New | +$9.79M |
|
954
Spirit AeroSystems
SPR
$4.8B
| $9.72M | 0.01% |
198,819
+3,645
| +2% | +$178K |
|
955
Leggett & Platt
LEG
$1.35B
| $9.68M | 0.01% |
278,009
+7,888
| +3% | +$275K |
|
956
Flowers Foods
FLO
$3.13B
| $9.65M | 0.01% |
375,391
-20,366
| -5% | -$524K |
|
957
Hawaiian Electric Industries
HE
$2.12B
| $9.65M | 0.01% |
228,047
-9,312
| -4% | -$394K |
|
958
New Jersey Resources
NJR
$4.72B
| $9.6M | 0.01% |
209,398
-8,220
| -4% | -$377K |
|
959
JetBlue
JBLU
$1.85B
| $9.6M | 0.01% |
642,159
+9,298
| +1% | +$139K |
|
960
Kirby Corp
KEX
$4.97B
| $9.59M | 0.01% |
132,814
+8,686
| +7% | +$627K |
|
961
UMB Financial
UMBF
$9.45B
| $9.54M | 0.01% |
98,216
-406
| -0.4% | -$39.4K |
|
962
Maximus
MMS
$4.97B
| $9.53M | 0.01% |
127,127
-5,405
| -4% | -$405K |
|
963
Howard Hughes
HHH
$4.69B
| $9.52M | 0.01% |
96,393
| – | – |
|
964
Ultragenyx Pharmaceutical
RARE
$3.07B
| $9.5M | 0.01% |
130,756
| – | – |
|
965
TD Synnex
SNX
$12.3B
| $9.48M | 0.01% |
91,888
-3,863
| -4% | -$399K |
|
966
United Bankshares
UBSI
$5.42B
| $9.47M | 0.01% |
271,499
-9,948
| -4% | -$347K |
|
967
Evercore
EVR
$12.3B
| $9.47M | 0.01% |
85,036
-4,437
| -5% | -$494K |
|
968
Vertiv
VRT
$47.4B
| $9.45M | 0.01% |
675,028
+19,848
| +3% | +$278K |
|
969
Arrowhead Research
ARWR
$4.02B
| $9.4M | 0.01% |
204,377
-15,765
| -7% | -$725K |
|
970
Park Hotels & Resorts
PK
$2.4B
| $9.38M | 0.01% |
480,316
-7,926
| -2% | -$155K |
|
|
CHNG
971
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $9.37M | 0.01% |
429,950
-67,761
| -14% | -$1.48M |
|
|
AQUA
972
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $9.33M | 0.01% |
198,631
+3,525
| +2% | +$166K |
|
973
Armstrong World Industries
AWI
$8.58B
| $9.28M | 0.01% |
103,149
-4,399
| -4% | -$396K |
|
974
Zurn Elkay Water Solutions
ZWS
$7.71B
| $9.27M | 0.01% |
261,846
-8,739
| -3% | -$309K |
|
975
Fox Factory Holding Corp
FOXF
$1.22B
| $9.23M | 0.01% |
94,216
-454
| -0.5% | -$44.5K |
|