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 |
NVIDIA
NVDA
|
$894M |
| 2 |
UnitedHealth
UNH
|
$430M |
| 3 |
Intel
INTC
|
$409M |
| 4 |
Amazon
AMZN
|
$352M |
| 5 |
Broadcom
AVGO
|
$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$415M |
| 2 |
Microsoft
MSFT
|
$275M |
| 3 |
VMW
VMware, Inc
VMW
|
$221M |
| 4 |
JPMorgan Chase
JPM
|
$146M |
| 5 |
Verizon
VZ
|
$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
ACI Worldwide
ACIW
$5.19B
| $6.43M | ﹤0.01% |
210,110
-14,247
| -6% | -$436K |
|
1027
Lazard
LAZ
$5.32B
| $6.41M | ﹤0.01% |
184,326
-1,513
| -0.8% | -$52.7K |
|
1028
BlackLine
BL
$3.32B
| $6.39M | ﹤0.01% |
102,351
| – | – |
|
1029
Alarm.com
ALRM
$2.84B
| $6.32M | ﹤0.01% |
97,749
-2,574
| -3% | -$166K |
|
1030
Teladoc Health
TDOC
$1.38B
| $6.3M | ﹤0.01% |
292,269
-4,108
| -1% | -$88.5K |
|
1031
Sabra Healthcare REIT
SBRA
$4.56B
| $6.29M | ﹤0.01% |
440,596
-41,408
| -9% | -$591K |
|
1032
Allete
ALE
$3.69B
| $6.29M | ﹤0.01% |
102,768
| – | – |
|
1033
Leggett & Platt
LEG
$1.35B
| $6.23M | ﹤0.01% |
238,133
-19,008
| -7% | -$497K |
|
1034
Merit Medical Systems
MMSI
$5.51B
| $6.21M | ﹤0.01% |
81,751
+3,636
| +5% | +$276K |
|
1035
National Storage Affiliates Trust
NSA
$2.56B
| $6.2M | ﹤0.01% |
149,554
-6,619
| -4% | -$274K |
|
1036
IAC Inc
IAC
$2.98B
| $6.18M | ﹤0.01% |
143,874
+13,543
| +10% | +$582K |
|
1037
Lincoln National
LNC
$7.98B
| $6.17M | ﹤0.01% |
228,824
-13,686
| -6% | -$369K |
|
1038
Integra LifeSciences
IART
$1.25B
| $6.17M | ﹤0.01% |
141,677
| – | – |
|
1039
Vaxcyte
PCVX
$4.29B
| $6.16M | ﹤0.01% |
98,135
-4,999
| -5% | -$314K |
|
1040
Helmerich & Payne
HP
$2.01B
| $6.16M | ﹤0.01% |
170,000
-9,550
| -5% | -$346K |
|
1041
Glaukos
GKOS
$5.39B
| $6.11M | ﹤0.01% |
76,804
+7,107
| +10% | +$565K |
|
1042
Frontdoor
FTDR
$4.59B
| $6.1M | ﹤0.01% |
173,132
+12,569
| +8% | +$443K |
|
1043
Herc Holdings
HRI
$4.6B
| $6.08M | ﹤0.01% |
40,858
+2,716
| +7% | +$404K |
|
1044
Park Hotels & Resorts
PK
$2.4B
| $6.05M | ﹤0.01% |
395,369
-16,871
| -4% | -$258K |
|
1045
Aaon
AAON
$6.62B
| $6.05M | ﹤0.01% |
81,856
+28,752
| +54% | +$2.12M |
|
1046
Neogen
NEOG
$1.25B
| $6.05M | ﹤0.01% |
300,675
-19,737
| -6% | -$397K |
|
1047
Independence Realty Trust
IRT
$4.22B
| $6.03M | ﹤0.01% |
394,444
-23,349
| -6% | -$357K |
|
1048
Knife River
KNF
$4.55B
| $6.02M | ﹤0.01% |
90,956
+10,403
| +13% | +$688K |
|
1049
AMN Healthcare
AMN
$799M
| $6.01M | ﹤0.01% |
80,223
+257
| +0.3% | +$19.2K |
|
1050
Texas Capital Bancshares
TCBI
$3.96B
| $6M | ﹤0.01% |
92,800
| – | – |
|