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 | |
|---|---|---|---|---|---|---|
976
Melco Resorts & Entertainment
MLCO
$3.7B
| $7.79M | 0.01% |
468,004
+2,332
| +0.5% | +$38.8K |
|
977
Pure Storage
PSTG
$28B
| $7.78M | 0.01% |
505,800
+14,100
| +3% | +$217K |
|
978
Agree Realty
ADC
$7.97B
| $7.78M | 0.01% |
122,278
+3,200
| +3% | +$204K |
|
979
Black Hills Corp
BKH
$4.26B
| $7.76M | 0.01% |
145,104
+4,796
| +3% | +$257K |
|
980
Targa Resources
TRGP
$35.8B
| $7.76M | 0.01% |
552,860
+33,433
| +6% | +$469K |
|
|
SYNH
981
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $7.75M | 0.01% |
145,799
+4,743
| +3% | +$252K |
|
982
Adaptive Biotechnologies
ADPT
$1.95B
| $7.74M | 0.01% |
159,200
+14,400
| +10% | +$700K |
|
983
Inspire Medical Systems
INSP
$2.37B
| $7.74M | 0.01% |
59,957
+1,600
| +3% | +$206K |
|
984
Integra LifeSciences
IART
$1.15B
| $7.7M | 0.01% |
162,958
+2,591
| +2% | +$122K |
|
985
SouthState Bank Corporation
SSB
$10.2B
| $7.69M | 0.01% |
159,613
-2,152
| -1% | -$104K |
|
|
MZTI
986
The Marzetti Company Common Stock
MZTI
$4.97B
| $7.68M | 0.01% |
42,969
+1,000
| +2% | +$179K |
|
987
Louisiana-Pacific
LPX
$6.29B
| $7.68M | 0.01% |
260,112
+6,258
| +2% | +$185K |
|
988
Affiliated Managers Group
AMG
$6.77B
| $7.67M | 0.01% |
112,218
+5,622
| +5% | +$384K |
|
|
MRO
989
DELISTED
Marathon Oil Corporation
MRO
| $7.67M | 0.01% |
1,874,969
+68,218
| +4% | +$279K |
|
990
Bandwidth Inc
BAND
$551M
| $7.67M | 0.01% |
43,925
+4,797
| +12% | +$837K |
|
|
TXNM
991
TXNM Energy, Inc.
TXNM
$5.97B
| $7.66M | 0.01% |
185,381
+6,855
| +4% | +$283K |
|
992
Saia
SAIA
$8.21B
| $7.65M | 0.01% |
60,668
+2,111
| +4% | +$266K |
|
|
HPP
993
Hudson Pacific Properties
HPP
$1.05B
| $7.63M | 0.01% |
348,070
+7,364
| +2% | +$161K |
|
994
Qualys
QLYS
$4.77B
| $7.61M | 0.01% |
77,624
+1,933
| +3% | +$189K |
|
995
Frontdoor
FTDR
$4.85B
| $7.6M | 0.01% |
195,380
+4,900
| +3% | +$191K |
|
996
Credit Acceptance
CACC
$5.67B
| $7.6M | 0.01% |
22,446
-174
| -0.8% | -$58.9K |
|
997
Rithm Capital
RITM
$6.61B
| $7.58M | 0.01% |
953,181
-1,236
| -0.1% | -$9.83K |
|
998
LiveRamp
RAMP
$1.76B
| $7.57M | 0.01% |
146,266
+712
| +0.5% | +$36.9K |
|
999
RLI Corp
RLI
$6.01B
| $7.53M | 0.01% |
179,802
+4,556
| +3% | +$191K |
|
1000
Synovus
SNV
$7.14B
| $7.52M | 0.01% |
355,224
+16,578
| +5% | +$351K |
|