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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Louisiana-Pacific
LPX
$6.68B
| $6.51M | 0.01% |
253,854
-3,627
| -1% | -$93K |
|
1052
Saia
SAIA
$8.33B
| $6.51M | 0.01% |
58,557
+207
| +0.4% | +$23K |
|
|
MZTI
1053
The Marzetti Company Common Stock
MZTI
$5.04B
| $6.51M | 0.01% |
41,969
-100
| -0.2% | -$15.5K |
|
1054
Meritage Homes
MTH
$5.61B
| $6.5M | 0.01% |
170,652
+5,974
| +4% | +$227K |
|
1055
nVent Electric
NVT
$15.3B
| $6.48M | 0.01% |
345,772
+6,500
| +2% | +$122K |
|
|
AJRD
1056
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $6.47M | 0.01% |
163,281
-947
| -0.6% | -$37.5K |
|
|
NUVA
1057
DELISTED
NuVasive, Inc.
NUVA
| $6.47M | 0.01% |
116,260
-17
| -0% | -$946 |
|
1058
Eagle Materials
EXP
$7.57B
| $6.47M | 0.01% |
92,122
-4,808
| -5% | -$338K |
|
1059
MGIC Investment
MTG
$6.55B
| $6.45M | 0.01% |
787,491
-18,769
| -2% | -$154K |
|
|
GRA
1060
DELISTED
W.R. Grace & Co.
GRA
| $6.43M | 0.01% |
126,530
-1,406
| -1% | -$71.4K |
|
1061
Allete
ALE
$3.67B
| $6.38M | 0.01% |
116,803
+1,332
| +1% | +$72.7K |
|
1062
COPT Defense Properties
CDP
$3.46B
| $6.38M | 0.01% |
251,686
+250
| +0.1% | +$6.34K |
|
|
MOMO
1063
Hello Group
MOMO
$1.19B
| $6.37M | 0.01% |
364,183
+124,286
| +52% | +$2.17M |
|
1064
LCI Industries
LCII
$2.43B
| $6.37M | 0.01% |
55,361
-809
| -1% | -$93K |
|
1065
Grocery Outlet
GO
$1.74B
| $6.35M | 0.01% |
155,515
+82,266
| +112% | +$3.36M |
|
1066
Xerox
XRX
$463M
| $6.34M | 0.01% |
414,716
+10,845
| +3% | +$166K |
|
1067
Blackbaud
BLKB
$3.38B
| $6.31M | 0.01% |
110,602
+1,806
| +2% | +$103K |
|
|
HMSY
1068
DELISTED
HMS Holdings Corp.
HMSY
| $6.31M | 0.01% |
194,861
-699
| -0.4% | -$22.6K |
|
1069
Avnet
AVT
$4.46B
| $6.31M | 0.01% |
226,167
-2,813
| -1% | -$78.4K |
|
1070
H&R Block
HRB
$6.86B
| $6.28M | 0.01% |
439,624
-10,375
| -2% | -$148K |
|
1071
Brighthouse Financial
BHF
$2.8B
| $6.27M | 0.01% |
225,396
-16,257
| -7% | -$452K |
|
|
UNVR
1072
DELISTED
Univar Solutions Inc.
UNVR
| $6.26M | 0.01% |
371,160
-8,061
| -2% | -$136K |
|
1073
Gaotu Techedu
GOTU
$901M
| $6.26M | 0.01% |
104,264
+5,606
| +6% | +$336K |
|
1074
KB Home
KBH
$4.48B
| $6.24M | 0.01% |
203,509
+3,471
| +2% | +$106K |
|
1075
NorthWestern Energy
NWE
$3.51B
| $6.23M | 0.01% |
114,180
-175
| -0.2% | -$9.54K |
|