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 | |
|---|---|---|---|---|---|---|
1026
Howard Hughes
HHH
$4.69B
| $6.25M | 0.01% |
96,393
| – | – |
|
1027
Workiva
WK
$4.48B
| $6.23M | 0.01% |
94,466
+445
| +0.5% | +$29.4K |
|
1028
Intellia Therapeutics
NTLA
$1.29B
| $6.21M | 0.01% |
119,935
-28,766
| -19% | -$1.49M |
|
1029
Brink's
BCO
$4.78B
| $6.19M | 0.01% |
101,944
| – | – |
|
1030
Blackbaud
BLKB
$3.23B
| $6.09M | 0.01% |
104,875
-5,286
| -5% | -$307K |
|
1031
Taylor Morrison
TMHC
$7.1B
| $6.04M | 0.01% |
258,582
-379
| -0.1% | -$8.85K |
|
1032
STAAR Surgical
STAA
$1.38B
| $6M | 0.01% |
84,627
-15,592
| -16% | -$1.11M |
|
1033
Denali Therapeutics
DNLI
$2.26B
| $5.95M | 0.01% |
202,177
| – | – |
|
1034
TriNet
TNET
$3.43B
| $5.95M | 0.01% |
76,642
-3,991
| -5% | -$310K |
|
1035
WIX.com
WIX
$8.52B
| $5.91M | 0.01% |
90,105
-8,806
| -9% | -$577K |
|
1036
Visteon
VC
$3.41B
| $5.9M | 0.01% |
56,940
+98
| +0.2% | +$10.2K |
|
1037
Papa John's
PZZA
$1.58B
| $5.89M | 0.01% |
70,457
-3,943
| -5% | -$329K |
|
1038
ACI Worldwide
ACIW
$5.19B
| $5.84M | 0.01% |
225,404
-8,615
| -4% | -$223K |
|
1039
Innovative Industrial Properties
IIPR
$1.61B
| $5.82M | 0.01% |
52,947
-2,318
| -4% | -$255K |
|
1040
LCI Industries
LCII
$2.57B
| $5.78M | 0.01% |
51,701
-3,291
| -6% | -$368K |
|
1041
CONMED
CNMD
$1.7B
| $5.78M | 0.01% |
60,313
+97
| +0.2% | +$9.29K |
|
1042
Unifirst Corp
UNF
$3.3B
| $5.78M | 0.01% |
33,544
| – | – |
|
1043
Haemonetics
HAE
$2.62B
| $5.74M | 0.01% |
88,048
-5,716
| -6% | -$373K |
|
1044
Varonis Systems
VRNS
$6.28B
| $5.71M | 0.01% |
194,778
-16,763
| -8% | -$492K |
|
1045
Madison Square Garden
MSGS
$4.71B
| $5.71M | 0.01% |
37,815
-1,938
| -5% | -$293K |
|
1046
Resideo Technologies
REZI
$5.32B
| $5.7M | 0.01% |
293,671
-12,675
| -4% | -$246K |
|
1047
EnerSys
ENS
$3.89B
| $5.68M | 0.01% |
96,281
| – | – |
|
1048
Wayfair
W
$11.6B
| $5.67M | 0.01% |
130,216
-6,969
| -5% | -$304K |
|
1049
Tencent Music
TME
$37.7B
| $5.67M | 0.01% |
1,128,676
-6,638
| -0.6% | -$33.3K |
|
|
BPMC
1050
DELISTED
Blueprint Medicines
BPMC
| $5.65M | 0.01% |
111,946
-12,078
| -10% | -$610K |
|