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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Popular Inc
BPOP
$8.46B
| $7.28M | 0.01% |
200,624
-2,311
| -1% | -$83.8K |
|
1027
Air Lease Corp
AL
$7.1B
| $7.25M | 0.01% |
246,513
+5,250
| +2% | +$154K |
|
1028
Ziff Davis
ZD
$1.57B
| $7.21M | 0.01% |
119,850
-108
| -0.1% | -$6.5K |
|
|
BCPC
1029
Balchem Corporation
BCPC
$4.95B
| $7.2M | 0.01% |
73,701
+1,944
| +3% | +$190K |
|
1030
Enovis
ENOV
$1.84B
| $7.17M | 0.01% |
132,834
+3,312
| +3% | +$179K |
|
1031
Western Alliance Bancorporation
WAL
$9.81B
| $7.16M | 0.01% |
226,492
+1,058
| +0.5% | +$33.5K |
|
1032
Brown-Forman Class A
BF.A
$13.2B
| $7.13M | 0.01% |
103,877
+1,096
| +1% | +$75.3K |
|
|
EQC
1033
DELISTED
Equity Commonwealth
EQC
| $7.1M | 0.01% |
266,631
+3,118
| +1% | +$83K |
|
|
GAP
1034
The Gap, Inc.
GAP
$8.46B
| $7.08M | 0.01% |
415,932
+6,179
| +2% | +$105K |
|
|
BHVN
1035
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $7.08M | 0.01% |
108,892
+13,024
| +14% | +$847K |
|
|
BBBY
1036
Bed Bath & Beyond, Inc.
BBBY
$563M
| $7.08M | 0.01% |
97,417
+16,017
| +20% | +$1.16M |
|
1037
Medpace
MEDP
$14B
| $7.06M | 0.01% |
63,175
+1,500
| +2% | +$168K |
|
1038
Azenta
AZTA
$1.4B
| $7.04M | 0.01% |
152,271
-8,513
| -5% | -$394K |
|
1039
HF Sinclair
DINO
$9.85B
| $7.04M | 0.01% |
357,152
+12,443
| +4% | +$245K |
|
1040
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.49B
| $7.03M | 0.01% |
166,296
+8,560
| +5% | +$362K |
|
1041
SLM Corp
SLM
$5.86B
| $7.02M | 0.01% |
867,572
-2,310
| -0.3% | -$18.7K |
|
1042
Fox Factory Holding Corp
FOXF
$1.09B
| $7.01M | 0.01% |
94,307
+9,038
| +11% | +$672K |
|
1043
Glacier Bancorp
GBCI
$5.72B
| $7M | 0.01% |
218,325
+6,361
| +3% | +$204K |
|
1044
National Vision
EYE
$1.97B
| $6.97M | 0.01% |
182,338
+4,400
| +2% | +$168K |
|
1045
Blackstone Mortgage Trust
BXMT
$3.32B
| $6.97M | 0.01% |
317,072
+27,317
| +9% | +$600K |
|
1046
Kohl's
KSS
$1.93B
| $6.96M | 0.01% |
375,821
+30,023
| +9% | +$556K |
|
1047
Selective Insurance
SIGI
$4.71B
| $6.96M | 0.01% |
135,229
+4,313
| +3% | +$222K |
|
1048
Iridium Communications
IRDM
$1.95B
| $6.93M | 0.01% |
270,791
+7,852
| +3% | +$201K |
|
1049
Houlihan Lokey
HLI
$14.4B
| $6.91M | 0.01% |
117,012
+17,681
| +18% | +$1.04M |
|
1050
Choice Hotels
CHH
$5.14B
| $6.88M | 0.01% |
80,043
+2,366
| +3% | +$203K |
|