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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MOMO
1026
Hello Group
MOMO
$1.22B
| $5.2M | 0.01% |
239,897
+2,903
| +1% | +$63K |
|
1027
Kohl's
KSS
$1.87B
| $5.19M | 0.01% |
355,758
-19,672
| -5% | -$287K |
|
|
BLUE
1028
DELISTED
bluebird bio
BLUE
| $5.19M | 0.01% |
8,716
-479
| -5% | -$285K |
|
|
SJI
1029
DELISTED
South Jersey Industries, Inc.
SJI
| $5.16M | 0.01% |
206,182
-97,881
| -32% | -$2.45M |
|
1030
Morningstar
MORN
$10.4B
| $5.15M | 0.01% |
44,337
-2,400
| -5% | -$279K |
|
1031
UFP Industries
UFPI
$5.82B
| $5.15M | 0.01% |
138,494
-10,018
| -7% | -$373K |
|
1032
Carvana
CVNA
$50.3B
| $5.13M | 0.01% |
93,171
-999
| -1% | -$55K |
|
1033
Silgan Holdings
SLGN
$4.63B
| $5.13M | 0.01% |
176,727
-60,760
| -26% | -$1.76M |
|
1034
MGIC Investment
MTG
$6.43B
| $5.12M | 0.01% |
806,260
-224,935
| -22% | -$1.43M |
|
1035
MGE Energy Inc
MGEE
$3.04B
| $5.12M | 0.01% |
78,130
+3,400
| +5% | +$223K |
|
1036
Valmont Industries
VMI
$7.46B
| $5.12M | 0.01% |
48,266
-2,535
| -5% | -$269K |
|
1037
Lattice Semiconductor
LSCC
$8.82B
| $5.09M | 0.01% |
285,769
-160,950
| -36% | -$2.87M |
|
1038
Alkermes
ALKS
$4.38B
| $5.08M | 0.01% |
352,127
-17,800
| -5% | -$257K |
|
1039
BlackLine
BL
$3.36B
| $5.07M | 0.01% |
96,291
-4,100
| -4% | -$216K |
|
1040
Old National Bancorp
ONB
$8.54B
| $5.05M | 0.01% |
382,750
-109,763
| -22% | -$1.45M |
|
1041
Houlihan Lokey
HLI
$14.3B
| $5.03M | 0.01% |
96,458
+5,728
| +6% | +$299K |
|
1042
United Bankshares
UBSI
$5.26B
| $5.02M | 0.01% |
217,353
-10,900
| -5% | -$252K |
|
1043
Ollie's Bargain Outlet
OLLI
$8.35B
| $5M | 0.01% |
107,900
-6,100
| -5% | -$283K |
|
1044
Thor Industries
THO
$5.54B
| $5M | 0.01% |
118,474
+1,700
| +1% | +$71.7K |
|
1045
Freshpet
FRPT
$2.64B
| $4.99M | 0.01% |
78,146
-52,624
| -40% | -$3.36M |
|
|
PDM
1046
Piedmont Realty Trust, Inc.
PDM
$1.1B
| $4.99M | 0.01% |
282,358
-174,972
| -38% | -$3.09M |
|
1047
Ares Management
ARES
$39.5B
| $4.98M | 0.01% |
161,070
+4,800
| +3% | +$148K |
|
1048
Sprouts Farmers Market
SFM
$12.3B
| $4.97M | 0.01% |
267,140
-9,637
| -3% | -$179K |
|
1049
Timken Company
TKR
$5.39B
| $4.96M | 0.01% |
153,339
-23,000
| -13% | -$744K |
|
1050
GATX Corp
GATX
$6.05B
| $4.95M | 0.01% |
79,148
-17,300
| -18% | -$1.08M |
|