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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Novavax
NVAX
$1.28B
| $7.12M | 0.01% |
138,435
-14,563
| -10% | -$749K |
|
977
DraftKings
DKNG
$23.1B
| $7.11M | 0.01% |
609,632
+7,733
| +1% | +$90.2K |
|
978
Highwoods Properties
HIW
$3.44B
| $7.11M | 0.01% |
208,059
-14,710
| -7% | -$503K |
|
979
ICU Medical
ICUI
$3.24B
| $7.11M | 0.01% |
43,237
-1,681
| -4% | -$276K |
|
980
Douglas Emmett
DEI
$2.83B
| $7.07M | 0.01% |
315,774
-18,728
| -6% | -$419K |
|
981
PotlatchDeltic
PCH
$3.31B
| $7M | 0.01% |
158,396
+646
| +0.4% | +$28.5K |
|
982
BlackLine
BL
$3.32B
| $6.99M | 0.01% |
104,900
-3,447
| -3% | -$230K |
|
|
LHCG
983
DELISTED
LHC Group LLC
LHCG
| $6.95M | 0.01% |
44,651
-13,584
| -23% | -$2.12M |
|
984
Flowserve
FLS
$7.22B
| $6.95M | 0.01% |
242,760
-7,387
| -3% | -$211K |
|
985
Allete
ALE
$3.69B
| $6.93M | 0.01% |
117,926
+656
| +0.6% | +$38.6K |
|
986
SL Green Realty
SLG
$4.4B
| $6.93M | 0.01% |
150,181
+1,334
| +0.9% | +$61.6K |
|
987
Ollie's Bargain Outlet
OLLI
$8.18B
| $6.92M | 0.01% |
117,743
-8,104
| -6% | -$476K |
|
988
Robinhood
HOOD
$90B
| $6.91M | 0.01% |
840,688
+116,100
| +16% | +$954K |
|
|
SMAR
989
DELISTED
Smartsheet Inc.
SMAR
| $6.88M | 0.01% |
218,865
-9,807
| -4% | -$308K |
|
990
Brighthouse Financial
BHF
$2.48B
| $6.88M | 0.01% |
167,646
-7,537
| -4% | -$309K |
|
991
Vontier
VNT
$6.37B
| $6.83M | 0.01% |
297,208
-29,917
| -9% | -$688K |
|
|
UMPQ
992
DELISTED
Umpqua Holdings Corp
UMPQ
| $6.82M | 0.01% |
406,734
-20,457
| -5% | -$343K |
|
993
Kanzhun
BZ
$11.1B
| $6.81M | 0.01% |
259,235
-289,326
| -53% | -$7.6M |
|
994
Travel + Leisure Co
TNL
$4.08B
| $6.8M | 0.01% |
175,052
-12,254
| -7% | -$476K |
|
995
FormFactor
FORM
$2.26B
| $6.78M | 0.01% |
174,959
+2,940
| +2% | +$114K |
|
996
Mercury Systems
MRCY
$4.13B
| $6.76M | 0.01% |
105,073
-11,825
| -10% | -$761K |
|
|
AMED
997
DELISTED
Amedisys
AMED
| $6.75M | 0.01% |
64,184
-4,958
| -7% | -$521K |
|
|
PACW
998
DELISTED
PacWest Bancorp
PACW
| $6.7M | 0.01% |
251,442
-12,843
| -5% | -$342K |
|
999
10x Genomics
TXG
$1.74B
| $6.69M | 0.01% |
147,881
-12,419
| -8% | -$562K |
|
1000
First Hawaiian
FHB
$3.21B
| $6.67M | 0.01% |
293,718
| – | – |
|