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 | |
|---|---|---|---|---|---|---|
|
XHR
1001
Xenia Hotels & Resorts
XHR
$1.38B
| $9.53M | 0.01% |
441,069
+155,589
| +55% | +$3.36M |
|
1002
Valvoline
VVV
$5B
| $9.53M | 0.01% |
444,915
+22,165
| +5% | +$475K |
|
1003
First Citizens BancShares
FCNCA
$25.4B
| $9.5M | 0.01% |
17,857
-3,104
| -15% | -$1.65M |
|
1004
Home BancShares
HOMB
$5.82B
| $9.48M | 0.01% |
482,325
+57,008
| +13% | +$1.12M |
|
1005
Lazard
LAZ
$5.25B
| $9.48M | 0.01% |
237,314
-49,397
| -17% | -$1.97M |
|
1006
Acadia Healthcare
ACHC
$1.94B
| $9.48M | 0.01% |
285,386
+123,526
| +76% | +$4.1M |
|
|
SGI
1007
Somnigroup International Inc.
SGI
$17.9B
| $9.46M | 0.01% |
434,640
-5,408
| -1% | -$118K |
|
|
PLAN
1008
DELISTED
Anaplan, Inc.
PLAN
| $9.44M | 0.01% |
180,091
+8,276
| +5% | +$434K |
|
1009
Cogent Communications
CCOI
$1.74B
| $9.42M | 0.01% |
143,080
+51,842
| +57% | +$3.41M |
|
|
GRA
1010
DELISTED
W.R. Grace & Co.
GRA
| $9.4M | 0.01% |
134,636
+10,058
| +8% | +$703K |
|
1011
Insight Enterprises
NSIT
$4.07B
| $9.38M | 0.01% |
133,482
+29,087
| +28% | +$2.04M |
|
1012
Mattel
MAT
$5.78B
| $9.38M | 0.01% |
692,300
+116,800
| +20% | +$1.58M |
|
|
TWO
1013
Two Harbors Investment
TWO
$1.05B
| $9.37M | 0.01% |
160,185
+13,613
| +9% | +$796K |
|
|
IPHI
1014
DELISTED
INPHI CORPORATION
IPHI
| $9.36M | 0.01% |
126,512
+22,467
| +22% | +$1.66M |
|
1015
Bankunited
BKU
$2.9B
| $9.33M | 0.01% |
255,193
+13,257
| +5% | +$485K |
|
|
QUOT
1016
DELISTED
Quotient Technology Inc
QUOT
| $9.33M | 0.01% |
946,168
+807,042
| +580% | +$7.96M |
|
1017
Hilton Grand Vacations
HGV
$3.99B
| $9.33M | 0.01% |
271,204
+104,032
| +62% | +$3.58M |
|
1018
Paylocity
PCTY
$9.48B
| $9.32M | 0.01% |
77,116
+3,973
| +5% | +$480K |
|
|
CCMP
1019
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $9.28M | 0.01% |
64,318
+7,445
| +13% | +$1.07M |
|
1020
Axon Enterprise
AXON
$58.7B
| $9.26M | 0.01% |
126,306
+6,100
| +5% | +$447K |
|
1021
Medpace
MEDP
$13.4B
| $9.21M | 0.01% |
109,516
+36,394
| +50% | +$3.06M |
|
1022
WIX.com
WIX
$9.44B
| $9.2M | 0.01% |
75,154
+5,720
| +8% | +$700K |
|
1023
Omnicell
OMCL
$1.53B
| $9.17M | 0.01% |
112,246
+15,057
| +15% | +$1.23M |
|
1024
Arcosa
ACA
$4.72B
| $9.17M | 0.01% |
205,763
+103,762
| +102% | +$4.62M |
|
1025
SLM Corp
SLM
$6.01B
| $9.16M | 0.01% |
1,027,566
+119,522
| +13% | +$1.06M |
|