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 | |
|---|---|---|---|---|---|---|
1001
Sabra Healthcare REIT
SBRA
$4.56B
| $6.64M | 0.01% |
475,201
+4,196
| +0.9% | +$58.6K |
|
1002
LivaNova
LIVN
$3.17B
| $6.59M | 0.01% |
105,528
-3,567
| -3% | -$223K |
|
1003
Nomad Foods
NOMD
$2.21B
| $6.56M | 0.01% |
328,296
+2,707
| +0.8% | +$54.1K |
|
1004
Kemper
KMPR
$3.39B
| $6.51M | 0.01% |
135,968
-1,690
| -1% | -$81K |
|
1005
Zurn Elkay Water Solutions
ZWS
$7.71B
| $6.5M | 0.01% |
238,611
-23,235
| -9% | -$633K |
|
1006
IPG Photonics
IPGP
$3.56B
| $6.49M | 0.01% |
68,920
-8,694
| -11% | -$818K |
|
1007
Guardant Health
GH
$7.5B
| $6.49M | 0.01% |
160,778
-9,215
| -5% | -$372K |
|
1008
Nutanix
NTNX
$18.7B
| $6.47M | 0.01% |
442,209
+7,185
| +2% | +$105K |
|
1009
Advanced Energy
AEIS
$5.8B
| $6.47M | 0.01% |
88,627
| – | – |
|
|
AQUA
1010
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $6.46M | 0.01% |
198,844
+213
| +0.1% | +$6.92K |
|
1011
Hilton Grand Vacations
HGV
$4.15B
| $6.45M | 0.01% |
180,526
-8,394
| -4% | -$300K |
|
1012
National Storage Affiliates Trust
NSA
$2.56B
| $6.45M | 0.01% |
128,785
+3,608
| +3% | +$181K |
|
1013
Radian Group
RDN
$4.79B
| $6.43M | 0.01% |
327,109
-45,084
| -12% | -$886K |
|
1014
Hanesbrands
HBI
$2.27B
| $6.42M | 0.01% |
623,681
-51,954
| -8% | -$535K |
|
1015
Lyft
LYFT
$6.91B
| $6.37M | 0.01% |
479,885
-28,990
| -6% | -$385K |
|
1016
Park Hotels & Resorts
PK
$2.4B
| $6.37M | 0.01% |
469,142
-11,174
| -2% | -$152K |
|
1017
Bankunited
BKU
$2.93B
| $6.36M | 0.01% |
178,924
-8,647
| -5% | -$308K |
|
1018
MSC Industrial Direct
MSM
$5.14B
| $6.35M | 0.01% |
84,567
-8,092
| -9% | -$608K |
|
1019
Carter's
CRI
$1.05B
| $6.35M | 0.01% |
90,099
-6,567
| -7% | -$463K |
|
1020
Diodes
DIOD
$2.46B
| $6.35M | 0.01% |
98,298
| – | – |
|
1021
TechnipFMC
FTI
$16B
| $6.32M | 0.01% |
939,454
-60,962
| -6% | -$410K |
|
1022
Maravai LifeSciences
MRVI
$363M
| $6.32M | 0.01% |
222,492
+1,550
| +0.7% | +$44K |
|
1023
Home BancShares
HOMB
$5.88B
| $6.31M | 0.01% |
303,891
-12,996
| -4% | -$270K |
|
1024
Bank of Hawaii
BOH
$2.72B
| $6.3M | 0.01% |
84,620
-4,551
| -5% | -$339K |
|
1025
Lazard
LAZ
$5.32B
| $6.26M | 0.01% |
193,284
| – | – |
|