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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
IPG Photonics
IPGP
$3.56B
| $8.52M | 0.01% |
77,614
+940
| +1% | +$103K |
|
1002
Grand Canyon Education
LOPE
$5.74B
| $8.52M | 0.01% |
87,699
-7,755
| -8% | -$753K |
|
1003
Adient
ADNT
$2B
| $8.39M | 0.01% |
205,845
-8,309
| -4% | -$339K |
|
1004
Community Bank
CBU
$3.17B
| $8.38M | 0.01% |
119,449
+880
| +0.7% | +$61.7K |
|
|
SAIL
1005
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $8.37M | 0.01% |
163,465
-18,420
| -10% | -$943K |
|
1006
Kornit Digital
KRNT
$687M
| $8.36M | 0.01% |
101,107
+914
| +0.9% | +$75.6K |
|
1007
Victoria's Secret
VSCO
$2.1B
| $8.32M | 0.01% |
162,057
+1,030
| +0.6% | +$52.9K |
|
1008
PotlatchDeltic
PCH
$3.31B
| $8.32M | 0.01% |
157,750
| – | – |
|
1009
QuidelOrtho
QDEL
$1.95B
| $8.31M | 0.01% |
73,920
-3,609
| -5% | -$406K |
|
|
HPP
1010
Hudson Pacific Properties
HPP
$1.16B
| $8.31M | 0.01% |
299,463
-33,522
| -10% | -$930K |
|
1011
Vontier
VNT
$6.37B
| $8.31M | 0.01% |
327,125
-26,067
| -7% | -$662K |
|
|
JBTM
1012
JBT Marel Corporation
JBTM
$7.35B
| $8.28M | 0.01% |
69,863
+116
| +0.2% | +$13.7K |
|
1013
Radian Group
RDN
$4.79B
| $8.27M | 0.01% |
372,193
-23,026
| -6% | -$511K |
|
1014
Timken Company
TKR
$5.42B
| $8.26M | 0.01% |
136,003
| – | – |
|
1015
Bankunited
BKU
$2.93B
| $8.25M | 0.01% |
187,571
-9,457
| -5% | -$416K |
|
1016
First Hawaiian
FHB
$3.21B
| $8.19M | 0.01% |
293,718
| – | – |
|
1017
Spire
SR
$4.46B
| $8.18M | 0.01% |
114,051
+291
| +0.3% | +$20.9K |
|
1018
Strategy Inc Common Stock Class A
MSTR
$95.2B
| $8.17M | 0.01% |
167,940
-22,630
| -12% | -$1.1M |
|
1019
Alkermes
ALKS
$4.94B
| $8.08M | 0.01% |
307,008
+2,026
| +0.7% | +$53.3K |
|
|
UMPQ
1020
DELISTED
Umpqua Holdings Corp
UMPQ
| $8.06M | 0.01% |
427,191
-36,941
| -8% | -$697K |
|
1021
Spectrum Brands
SPB
$1.38B
| $8.04M | 0.01% |
90,611
+595
| +0.7% | +$52.8K |
|
|
TXNM
1022
TXNM Energy, Inc.
TXNM
$5.99B
| $8.02M | 0.01% |
168,314
-9,240
| -5% | -$440K |
|
1023
STAAR Surgical
STAA
$1.38B
| $8.01M | 0.01% |
100,219
-4,956
| -5% | -$396K |
|
1024
Sensient Technologies
SXT
$4.79B
| $8.01M | 0.01% |
95,371
+394
| +0.4% | +$33.1K |
|
1025
Avnet
AVT
$4.49B
| $7.96M | 0.01% |
195,990
-19,180
| -9% | -$778K |
|