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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Bank of Hawaii
BOH
$2.65B
| $4.95M | 0.01% |
89,589
-10,700
| -11% | -$591K |
|
1052
LiveRamp
RAMP
$1.73B
| $4.95M | 0.01% |
150,323
+1,000
| +0.7% | +$32.9K |
|
|
HMSY
1053
DELISTED
HMS Holdings Corp.
HMSY
| $4.94M | 0.01% |
195,560
-7,700
| -4% | -$195K |
|
1054
Iridium Communications
IRDM
$1.93B
| $4.93M | 0.01% |
220,613
-289,064
| -57% | -$6.45M |
|
1055
Brady Corp
BRC
$3.8B
| $4.92M | 0.01% |
109,059
-11,300
| -9% | -$510K |
|
1056
WNS Holdings
WNS
$3.25B
| $4.92M | 0.01% |
114,523
-48,843
| -30% | -$2.1M |
|
1057
Franklin Electric
FELE
$4.21B
| $4.91M | 0.01% |
104,156
+1,400
| +1% | +$66K |
|
1058
Azenta
AZTA
$1.37B
| $4.9M | 0.01% |
160,770
-14,100
| -8% | -$430K |
|
|
STMP
1059
DELISTED
Stamps.com, Inc.
STMP
| $4.86M | 0.01% |
37,354
-28,712
| -43% | -$3.73M |
|
1060
Hain Celestial
HAIN
$134M
| $4.86M | 0.01% |
187,036
-25,900
| -12% | -$673K |
|
1061
First Hawaiian
FHB
$3.17B
| $4.85M | 0.01% |
293,639
-21,700
| -7% | -$359K |
|
1062
NIO
NIO
$15.8B
| $4.85M | 0.01% |
1,745,970
+23,786
| +1% | +$66.1K |
|
|
MRTX
1063
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $4.85M | 0.01% |
63,024
-678
| -1% | -$52.1K |
|
1064
Amicus Therapeutics
FOLD
$2.47B
| $4.82M | 0.01% |
521,600
-228,762
| -30% | -$2.11M |
|
|
ARNA
1065
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $4.82M | 0.01% |
114,695
-40,730
| -26% | -$1.71M |
|
|
PACW
1066
DELISTED
PacWest Bancorp
PACW
| $4.81M | 0.01% |
268,556
-16,772
| -6% | -$301K |
|
1067
Sabra Healthcare REIT
SBRA
$4.6B
| $4.81M | 0.01% |
440,538
-31,095
| -7% | -$340K |
|
|
FTSV
1068
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $4.81M | 0.01% |
50,357
+11,300
| +29% | +$1.08M |
|
1069
Rapid7
RPD
$1.26B
| $4.8M | 0.01% |
110,794
-35,502
| -24% | -$1.54M |
|
1070
EnerSys
ENS
$4.04B
| $4.8M | 0.01% |
96,837
-71,549
| -42% | -$3.54M |
|
1071
Independent Bank
INDB
$3.54B
| $4.79M | 0.01% |
74,411
-60,567
| -45% | -$3.9M |
|
|
NEWR
1072
DELISTED
New Relic, Inc.
NEWR
| $4.77M | 0.01% |
103,200
-1,000
| -1% | -$46.2K |
|
|
CHNG
1073
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $4.76M | 0.01% |
476,553
+391,071
| +457% | +$3.91M |
|
1074
Kinsale Capital Group
KNSL
$9.88B
| $4.76M | 0.01% |
45,527
+1,500
| +3% | +$157K |
|
1075
Webster Financial
WBS
$10.1B
| $4.75M | 0.01% |
207,460
-40,874
| -16% | -$936K |
|