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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Digital Turbine
APPS
$483M
| $7.32M | 0.01% |
167,007
-2,634
| -2% | -$115K |
|
1052
Resideo Technologies
REZI
$5.32B
| $7.3M | 0.01% |
306,346
-14,082
| -4% | -$336K |
|
1053
Opendoor
OPEN
$4.89B
| $7.29M | 0.01% |
842,946
-51,120
| -6% | -$442K |
|
1054
Ormat Technologies
ORA
$5.51B
| $7.27M | 0.01% |
88,845
+5,518
| +7% | +$452K |
|
|
AYX
1055
DELISTED
Alteryx, Inc.
AYX
| $7.25M | 0.01% |
101,417
-6,465
| -6% | -$462K |
|
1056
National Vision
EYE
$1.86B
| $7.25M | 0.01% |
166,356
-10,463
| -6% | -$456K |
|
1057
Pegasystems
PEGA
$9.5B
| $7.23M | 0.01% |
179,358
+1,230
| +0.7% | +$49.6K |
|
1058
FormFactor
FORM
$2.26B
| $7.23M | 0.01% |
172,019
| – | – |
|
1059
Sonos
SONO
$1.78B
| $7.2M | 0.01% |
255,120
+1,804
| +0.7% | +$50.9K |
|
1060
EnerSys
ENS
$3.89B
| $7.18M | 0.01% |
96,281
+313
| +0.3% | +$23.3K |
|
1061
Home BancShares
HOMB
$5.88B
| $7.16M | 0.01% |
316,887
+2,473
| +0.8% | +$55.9K |
|
1062
White Mountains Insurance
WTM
$4.63B
| $7.15M | 0.01% |
6,292
+100
| +2% | +$114K |
|
|
NEWR
1063
DELISTED
New Relic, Inc.
NEWR
| $7.15M | 0.01% |
106,862
-6,156
| -5% | -$412K |
|
1064
Madison Square Garden
MSGS
$4.71B
| $7.13M | 0.01% |
39,753
+1,182
| +3% | +$212K |
|
1065
Taylor Morrison
TMHC
$7.1B
| $7.05M | 0.01% |
258,961
-443
| -0.2% | -$12.1K |
|
1066
CNO Financial Group
CNO
$3.85B
| $7.04M | 0.01% |
280,447
-10,450
| -4% | -$262K |
|
1067
Full Truck Alliance
YMM
$13.9B
| $7.02M | 0.01% |
+1,052,028
| New | +$7.02M |
|
1068
Sabra Healthcare REIT
SBRA
$4.56B
| $7.01M | 0.01% |
471,005
-24,739
| -5% | -$368K |
|
1069
SM Energy
SM
$3.09B
| $7M | 0.01% |
+179,777
| New | +$7M |
|
1070
Neogen
NEOG
$1.25B
| $6.97M | 0.01% |
226,110
-8,538
| -4% | -$263K |
|
1071
Alarm.com
ALRM
$2.84B
| $6.96M | 0.01% |
104,764
| – | – |
|
1072
Brink's
BCO
$4.78B
| $6.93M | 0.01% |
101,944
-4,284
| -4% | -$291K |
|
1073
Wendy's
WEN
$1.97B
| $6.91M | 0.01% |
314,346
-46,663
| -13% | -$1.03M |
|
|
PDCE
1074
DELISTED
PDC Energy, Inc.
PDCE
| $6.9M | 0.01% |
+94,913
| New | +$6.9M |
|
1075
Cracker Barrel
CBRL
$1.18B
| $6.89M | 0.01% |
58,011
+3,407
| +6% | +$405K |
|