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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
B
1051
DELISTED
Barnes Group Inc.
B
| $8.76M | 0.01% |
141,449
+22,884
| +19% | +$1.42M |
|
1052
Under Armour
UAA
$2.08B
| $8.76M | 0.01% |
405,700
+15,303
| +4% | +$331K |
|
|
SVC
1053
Service Properties Trust
SVC
$484M
| $8.75M | 0.01% |
359,768
-68,218
| -16% | -$1.66M |
|
1054
Outfront Media
OUT
$3.13B
| $8.74M | 0.01% |
331,176
-35,631
| -10% | -$941K |
|
1055
Southern Copper
SCCO
$86.2B
| $8.72M | 0.01% |
215,669
+3,457
| +2% | +$140K |
|
1056
UMB Financial
UMBF
$9.16B
| $8.72M | 0.01% |
127,093
+6,135
| +5% | +$421K |
|
1057
Avista
AVA
$2.96B
| $8.71M | 0.01% |
181,124
+40,054
| +28% | +$1.93M |
|
1058
Federated Hermes
FHI
$4.17B
| $8.7M | 0.01% |
266,958
+20,355
| +8% | +$663K |
|
1059
Thor Industries
THO
$5.68B
| $8.68M | 0.01% |
116,774
+9,682
| +9% | +$719K |
|
1060
Iovance Biotherapeutics
IOVA
$858M
| $8.67M | 0.01% |
313,284
+8,761
| +3% | +$243K |
|
1061
ASGN Inc
ASGN
$2.28B
| $8.67M | 0.01% |
122,174
-9,254
| -7% | -$657K |
|
1062
Avient
AVNT
$3.35B
| $8.67M | 0.01% |
235,667
+25,253
| +12% | +$929K |
|
1063
nVent Electric
NVT
$15.3B
| $8.67M | 0.01% |
338,910
+49,000
| +17% | +$1.25M |
|
1064
Carvana
CVNA
$49.2B
| $8.67M | 0.01% |
94,170
+7,550
| +9% | +$695K |
|
|
SIX
1065
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.66M | 0.01% |
192,023
-6,345
| -3% | -$286K |
|
1066
Moderna
MRNA
$9.88B
| $8.65M | 0.01% |
442,100
+54,200
| +14% | +$1.06M |
|
1067
NorthWestern Energy
NWE
$3.51B
| $8.63M | 0.01% |
120,428
+842
| +0.7% | +$60.3K |
|
1068
Associated Banc-Corp
ASB
$4.34B
| $8.63M | 0.01% |
391,399
-49,380
| -11% | -$1.09M |
|
1069
Strategic Education
STRA
$1.99B
| $8.6M | 0.01% |
54,092
+3,944
| +8% | +$627K |
|
1070
Coherent
COHR
$16B
| $8.59M | 0.01% |
255,178
+61,345
| +32% | +$2.07M |
|
|
CATM
1071
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.57M | 0.01% |
191,959
+120,667
| +169% | +$5.39M |
|
1072
Simpson Manufacturing
SSD
$7.9B
| $8.56M | 0.01% |
106,651
+1,278
| +1% | +$103K |
|
1073
Lattice Semiconductor
LSCC
$9.01B
| $8.55M | 0.01% |
446,719
+142,833
| +47% | +$2.73M |
|
1074
Community Bank
CBU
$3.1B
| $8.54M | 0.01% |
120,336
+17
| +0% | +$1.21K |
|
1075
Treehouse Foods
THS
$883M
| $8.54M | 0.01% |
175,970
+70,084
| +66% | +$3.4M |
|