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 | |
|---|---|---|---|---|---|---|
|
HR
1026
DELISTED
Healthcare Realty Trust Incorporated
HR
| $9.15M | 0.01% |
274,159
+13,234
| +5% | +$442K |
|
1027
Goodyear
GT
$2.45B
| $9.13M | 0.01% |
586,901
+20,850
| +4% | +$324K |
|
|
AVLR
1028
DELISTED
Avalara, Inc.
AVLR
| $9.12M | 0.01% |
124,434
+36,554
| +42% | +$2.68M |
|
1029
United Therapeutics
UTHR
$18.3B
| $9.11M | 0.01% |
103,455
-12,551
| -11% | -$1.11M |
|
1030
Bath & Body Works
BBWI
$5.75B
| $9.11M | 0.01% |
621,794
+89,577
| +17% | +$1.31M |
|
1031
Zillow
ZG
$20B
| $9.11M | 0.01% |
199,100
+15,600
| +9% | +$714K |
|
1032
First Hawaiian
FHB
$3.19B
| $9.1M | 0.01% |
315,339
+34,538
| +12% | +$996K |
|
1033
Renasant Corp
RNST
$3.67B
| $9.08M | 0.01% |
256,441
+105,291
| +70% | +$3.73M |
|
|
UNVR
1034
DELISTED
Univar Solutions Inc.
UNVR
| $9.03M | 0.01% |
372,421
-11,444
| -3% | -$277K |
|
1035
Old National Bancorp
ONB
$8.81B
| $9.01M | 0.01% |
492,513
+52,425
| +12% | +$959K |
|
1036
Tenet Healthcare
THC
$16.9B
| $9M | 0.01% |
236,653
+43,310
| +22% | +$1.65M |
|
1037
Eagle Materials
EXP
$7.49B
| $8.99M | 0.01% |
99,183
-16,240
| -14% | -$1.47M |
|
1038
Texas Roadhouse
TXRH
$11B
| $8.99M | 0.01% |
159,535
-5,520
| -3% | -$311K |
|
1039
RBC Bearings
RBC
$11.9B
| $8.97M | 0.01% |
56,656
+4,101
| +8% | +$649K |
|
1040
H.B. Fuller
FUL
$3.33B
| $8.94M | 0.01% |
173,357
+51,454
| +42% | +$2.65M |
|
1041
Alcoa
AA
$8.36B
| $8.94M | 0.01% |
415,435
+64,788
| +18% | +$1.39M |
|
1042
Dropbox
DBX
$8.29B
| $8.92M | 0.01% |
497,897
+96,097
| +24% | +$1.72M |
|
1043
Bank OZK
OZK
$5.89B
| $8.91M | 0.01% |
292,211
+15,365
| +6% | +$469K |
|
1044
Western Midstream Partners
WES
$14.6B
| $8.91M | 0.01% |
452,392
+86,116
| +24% | +$1.7M |
|
|
COR
1045
DELISTED
Coresite Realty Corporation
COR
| $8.83M | 0.01% |
78,790
+8,465
| +12% | +$949K |
|
|
SAFM
1046
DELISTED
Sanderson Farms Inc
SAFM
| $8.83M | 0.01% |
50,082
+4,867
| +11% | +$858K |
|
1047
United Bankshares
UBSI
$5.36B
| $8.82M | 0.01% |
228,253
+23,094
| +11% | +$893K |
|
|
MTOR
1048
DELISTED
MERITOR, Inc.
MTOR
| $8.82M | 0.01% |
336,939
+153,447
| +84% | +$4.02M |
|
1049
Transocean
RIG
$3.07B
| $8.78M | 0.01% |
1,276,804
+306,604
| +32% | +$2.11M |
|
1050
Boston Beer
SAM
$2.39B
| $8.77M | 0.01% |
23,218
-133
| -0.6% | -$50.3K |
|