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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ENV
1051
DELISTED
ENVESTNET, INC.
ENV
| $5.64M | 0.01% |
106,815
-10,432
| -9% | -$551K |
|
1052
PTC Therapeutics
PTCT
$4.55B
| $5.64M | 0.01% |
140,654
| – | – |
|
1053
Texas Capital Bancshares
TCBI
$3.96B
| $5.59M | 0.01% |
106,151
| – | – |
|
1054
Murphy Oil
MUR
$3.56B
| $5.57M | 0.01% |
184,631
+58,298
| +46% | +$1.76M |
|
|
JBGS
1055
JBG SMITH
JBGS
$1.4B
| $5.52M | 0.01% |
233,344
-26,604
| -10% | -$629K |
|
1056
Adient
ADNT
$2B
| $5.51M | 0.01% |
185,825
-20,020
| -10% | -$593K |
|
1057
Neogen
NEOG
$1.25B
| $5.49M | 0.01% |
227,888
+1,778
| +0.8% | +$42.8K |
|
1058
Natera
NTRA
$23.1B
| $5.45M | 0.01% |
153,703
-8,188
| -5% | -$290K |
|
1059
ScottsMiracle-Gro
SMG
$3.64B
| $5.42M | 0.01% |
68,590
-12,103
| -15% | -$956K |
|
|
ITCI
1060
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $5.36M | 0.01% |
93,919
+34,413
| +58% | +$1.96M |
|
1061
Spirit AeroSystems
SPR
$4.8B
| $5.29M | 0.01% |
180,682
-18,137
| -9% | -$531K |
|
1062
Wendy's
WEN
$1.97B
| $5.29M | ﹤0.01% |
280,024
-34,322
| -11% | -$648K |
|
1063
Crocs
CROX
$4.72B
| $5.24M | ﹤0.01% |
107,711
-10,774
| -9% | -$524K |
|
1064
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $5.19M | ﹤0.01% |
137,112
-25,490
| -16% | -$965K |
|
1065
New Oriental
EDU
$7.98B
| $5.13M | ﹤0.01% |
251,997
-19,883
| -7% | -$405K |
|
1066
JetBlue
JBLU
$1.85B
| $5.12M | ﹤0.01% |
611,091
-31,068
| -5% | -$260K |
|
1067
Viavi Solutions
VIAV
$2.6B
| $5.1M | ﹤0.01% |
385,077
-81,377
| -17% | -$1.08M |
|
|
NEWR
1068
DELISTED
New Relic, Inc.
NEWR
| $5.07M | ﹤0.01% |
101,250
-5,612
| -5% | -$281K |
|
|
AIMC
1069
DELISTED
Altra Industrial Motion Corp.
AIMC
| $5.07M | ﹤0.01% |
143,739
| – | – |
|
1070
Affirm
AFRM
$28.4B
| $5.01M | ﹤0.01% |
277,456
+3,925
| +1% | +$70.9K |
|
|
MRTX
1071
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $4.96M | ﹤0.01% |
73,925
-5,505
| -7% | -$370K |
|
1072
Itron
ITRI
$5.51B
| $4.94M | ﹤0.01% |
99,923
+205
| +0.2% | +$10.1K |
|
1073
Sprout Social
SPT
$891M
| $4.89M | ﹤0.01% |
84,209
-7,494
| -8% | -$435K |
|
1074
Peloton Interactive
PTON
$3.27B
| $4.89M | ﹤0.01% |
532,089
| – | – |
|
1075
CNO Financial Group
CNO
$3.85B
| $4.76M | ﹤0.01% |
262,970
-17,477
| -6% | -$316K |
|