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 | |
|---|---|---|---|---|---|---|
976
Erie Indemnity
ERIE
$17.3B
| $9.94M | 0.01% |
59,849
-10,091
| -14% | -$1.68M |
|
977
Timken Company
TKR
$5.32B
| $9.93M | 0.01% |
176,339
-15,051
| -8% | -$848K |
|
978
Mercury Systems
MRCY
$4.38B
| $9.9M | 0.01% |
143,265
+21,636
| +18% | +$1.5M |
|
|
MYOK
979
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $9.88M | 0.01% |
135,588
+53,350
| +65% | +$3.89M |
|
980
FirstCash
FCFS
$6.46B
| $9.88M | 0.01% |
122,521
-24,234
| -17% | -$1.95M |
|
|
EQM
981
DELISTED
EQM Midstream Partners, LP
EQM
| $9.84M | 0.01% |
329,054
+98,533
| +43% | +$2.95M |
|
|
LHCG
982
DELISTED
LHC Group LLC
LHCG
| $9.81M | 0.01% |
71,223
-4,913
| -6% | -$677K |
|
983
Advanced Energy
AEIS
$5.93B
| $9.77M | 0.01% |
137,231
-36,572
| -21% | -$2.6M |
|
984
Coty
COTY
$3.51B
| $9.77M | 0.01% |
868,509
+36,009
| +4% | +$405K |
|
985
ACI Worldwide
ACIW
$5.17B
| $9.72M | 0.01% |
256,659
+29,806
| +13% | +$1.13M |
|
|
EQC
986
DELISTED
Equity Commonwealth
EQC
| $9.71M | 0.01% |
295,746
-56,228
| -16% | -$1.85M |
|
987
Globus Medical
GMED
$8.05B
| $9.7M | 0.01% |
164,721
-7,728
| -4% | -$455K |
|
|
AJRD
988
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $9.7M | 0.01% |
212,408
+38,941
| +22% | +$1.78M |
|
|
BPY
989
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $9.66M | 0.01% |
528,322
+387,481
| +275% | +$7.08M |
|
990
Viasat
VSAT
$4.28B
| $9.65M | 0.01% |
131,835
+3,854
| +3% | +$282K |
|
991
Atlantic Union Bankshares
AUB
$5.02B
| $9.64M | 0.01% |
256,722
+84,496
| +49% | +$3.17M |
|
992
Pinduoduo
PDD
$178B
| $9.64M | 0.01% |
254,808
+50,206
| +25% | +$1.9M |
|
993
RLI Corp
RLI
$6.08B
| $9.63M | 0.01% |
214,028
+20,710
| +11% | +$932K |
|
994
Affiliated Managers Group
AMG
$6.6B
| $9.63M | 0.01% |
113,635
-18,270
| -14% | -$1.55M |
|
|
GRUB
995
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $9.61M | 0.01% |
98,750
+12,050
| +14% | +$1.17M |
|
996
Regal Rexnord
RRX
$9.62B
| $9.6M | 0.01% |
112,158
+1,470
| +1% | +$126K |
|
997
Huazhu Hotels Group
HTHT
$11.3B
| $9.58M | 0.01% |
239,021
+42,332
| +22% | +$1.7M |
|
998
Halozyme
HALO
$8.87B
| $9.56M | 0.01% |
539,202
+242,426
| +82% | +$4.3M |
|
|
IBKC
999
DELISTED
IBERIABANK Corp
IBKC
| $9.55M | 0.01% |
127,670
-15,735
| -11% | -$1.18M |
|
1000
Bank of Hawaii
BOH
$2.7B
| $9.54M | 0.01% |
100,289
+1,122
| +1% | +$107K |
|