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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Guidewire Software
GWRE
$21.3B
| $8.86M | 0.01% |
119,291
+20,035
| +20% | +$1.49M |
|
1002
Kennametal
KMT
$1.6B
| $8.86M | 0.01% |
182,910
-5,010
| -3% | -$243K |
|
1003
Vipshop
VIPS
$8.95B
| $8.85M | 0.01% |
755,324
+140,679
| +23% | +$1.65M |
|
1004
Skywest
SKYW
$4.41B
| $8.84M | 0.01% |
166,552
-8,222
| -5% | -$437K |
|
|
BID
1005
DELISTED
Sotheby's
BID
| $8.78M | 0.01% |
170,078
+4,292
| +3% | +$221K |
|
1006
ODP
ODP
$641M
| $8.75M | 0.01% |
247,202
+23,199
| +10% | +$821K |
|
1007
Trinseo
TSE
$87.4M
| $8.73M | 0.01% |
120,222
+16,657
| +16% | +$1.21M |
|
1008
Zillow
Z
$21.6B
| $8.72M | 0.01% |
213,110
-7,738
| -4% | -$317K |
|
1009
ProAssurance
PRA
$1.22B
| $8.71M | 0.01% |
152,310
+8,076
| +6% | +$462K |
|
|
PNK
1010
DELISTED
Pinnacle Entertainment Inc.
PNK
| $8.68M | 0.01% |
265,137
+25,101
| +10% | +$822K |
|
|
CSRA
1011
DELISTED
CSRA Inc.
CSRA
| $8.67M | 0.01% |
289,700
+9,900
| +4% | +$296K |
|
1012
Federated Hermes
FHI
$4.2B
| $8.67M | 0.01% |
240,185
+5,751
| +2% | +$207K |
|
1013
Snap
SNAP
$12.3B
| $8.66M | 0.01% |
592,824
+484,424
| +447% | +$7.08M |
|
|
PSB
1014
DELISTED
PS Business Parks, Inc.
PSB
| $8.65M | 0.01% |
69,132
-10
| -0% | -$1.25K |
|
1015
Armstrong World Industries
AWI
$8.61B
| $8.64M | 0.01% |
142,663
-23,780
| -14% | -$1.44M |
|
1016
Antero Resources
AR
$10.1B
| $8.64M | 0.01% |
454,531
+64,231
| +16% | +$1.22M |
|
|
EGN
1017
DELISTED
Energen
EGN
| $8.62M | 0.01% |
149,700
+5,600
| +4% | +$322K |
|
1018
Huazhu Hotels Group
HTHT
$11.3B
| $8.62M | 0.01% |
238,628
+47,780
| +25% | +$1.73M |
|
1019
Cedar Fair
FUN
$2.2B
| $8.61M | 0.01% |
132,454
+6,208
| +5% | +$403K |
|
|
MIC
1020
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $8.58M | 0.01% |
133,708
-1,504
| -1% | -$96.6K |
|
1021
MKS Inc. Common Stock
MKSI
$7.79B
| $8.58M | 0.01% |
90,791
+4,763
| +6% | +$450K |
|
1022
Ziff Davis
ZD
$1.54B
| $8.58M | 0.01% |
131,432
+913
| +0.7% | +$59.6K |
|
1023
Deluxe
DLX
$889M
| $8.56M | 0.01% |
111,411
+3,920
| +4% | +$301K |
|
|
BRSL
1024
Brightstar Lottery PLC
BRSL
$3.18B
| $8.56M | 0.01% |
322,823
+895
| +0.3% | +$23.7K |
|
|
LSI
1025
DELISTED
Life Storage, Inc.
LSI
| $8.55M | 0.01% |
143,921
+15,393
| +12% | +$914K |
|