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 | |
|---|---|---|---|---|---|---|
1026
BlackLine
BL
$3.32B
| $7.93M | 0.01% |
108,347
-11,089
| -9% | -$812K |
|
1027
TriNet
TNET
$3.43B
| $7.93M | 0.01% |
80,633
-9,013
| -10% | -$887K |
|
|
DISCA
1028
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7.93M | 0.01% |
318,169
-17,071
| -5% | -$425K |
|
|
BPMC
1029
DELISTED
Blueprint Medicines
BPMC
| $7.92M | 0.01% |
124,024
-5,998
| -5% | -$383K |
|
1030
MSC Industrial Direct
MSM
$5.14B
| $7.9M | 0.01% |
92,659
-10,453
| -10% | -$891K |
|
1031
Ambarella
AMBA
$3.54B
| $7.88M | 0.01% |
75,103
+597
| +0.8% | +$62.6K |
|
1032
National Storage Affiliates Trust
NSA
$2.56B
| $7.86M | 0.01% |
125,177
+659
| +0.5% | +$41.4K |
|
1033
Allete
ALE
$3.69B
| $7.86M | 0.01% |
117,270
+731
| +0.6% | +$49K |
|
1034
Papa John's
PZZA
$1.58B
| $7.83M | 0.01% |
74,400
+2,076
| +3% | +$219K |
|
1035
Maravai LifeSciences
MRVI
$363M
| $7.79M | 0.01% |
220,942
+5,106
| +2% | +$180K |
|
1036
Kemper
KMPR
$3.39B
| $7.78M | 0.01% |
137,658
-664
| -0.5% | -$37.5K |
|
|
DOC
1037
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $7.78M | 0.01% |
443,744
+22,554
| +5% | +$396K |
|
1038
TechnipFMC
FTI
$16B
| $7.75M | 0.01% |
+1,000,416
| New | +$7.75M |
|
1039
Hillenbrand
HI
$1.85B
| $7.75M | 0.01% |
175,363
| – | – |
|
1040
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $7.71M | 0.01% |
162,602
-8,677
| -5% | -$412K |
|
1041
Advanced Energy
AEIS
$5.8B
| $7.63M | 0.01% |
88,627
| – | – |
|
1042
Vipshop
VIPS
$8.45B
| $7.63M | 0.01% |
847,437
-54,956
| -6% | -$495K |
|
|
JBGS
1043
JBG SMITH
JBGS
$1.4B
| $7.6M | 0.01% |
259,948
-3,791
| -1% | -$111K |
|
1044
Mercury Systems
MRCY
$4.13B
| $7.53M | 0.01% |
116,898
+5,006
| +4% | +$323K |
|
1045
Viavi Solutions
VIAV
$2.6B
| $7.5M | 0.01% |
466,454
-12,926
| -3% | -$208K |
|
1046
Bank of Hawaii
BOH
$2.72B
| $7.48M | 0.01% |
89,171
+122
| +0.1% | +$10.2K |
|
1047
ACI Worldwide
ACIW
$5.19B
| $7.37M | 0.01% |
234,019
-12,304
| -5% | -$387K |
|
1048
Nomad Foods
NOMD
$2.21B
| $7.35M | 0.01% |
325,589
+4,415
| +1% | +$99.7K |
|
1049
Wingstop
WING
$8.65B
| $7.35M | 0.01% |
62,613
-2,661
| -4% | -$312K |
|
1050
Sprout Social
SPT
$891M
| $7.35M | 0.01% |
91,703
+1,309
| +1% | +$105K |
|