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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Allete
ALE
$3.69B
| $5.43M | ﹤0.01% |
102,768
-21,254
| -17% | -$1.12M |
|
1052
Integra LifeSciences
IART
$1.25B
| $5.41M | ﹤0.01% |
141,677
+1,335
| +1% | +$51K |
|
1053
Merit Medical Systems
MMSI
$5.51B
| $5.39M | ﹤0.01% |
78,115
+44,526
| +133% | +$3.07M |
|
1054
IAC Inc
IAC
$2.98B
| $5.39M | ﹤0.01% |
130,331
-6,095
| -4% | -$252K |
|
1055
Phillips Edison & Co
PECO
$4.54B
| $5.35M | ﹤0.01% |
159,639
+80,589
| +102% | +$2.7M |
|
1056
FormFactor
FORM
$2.26B
| $5.32M | ﹤0.01% |
152,287
-6,043
| -4% | -$211K |
|
1057
Lyft
LYFT
$6.91B
| $5.32M | ﹤0.01% |
504,807
+68,934
| +16% | +$727K |
|
1058
Vaxcyte
PCVX
$4.29B
| $5.26M | ﹤0.01% |
+103,134
| New | +$5.26M |
|
1059
Glaukos
GKOS
$5.39B
| $5.24M | ﹤0.01% |
69,697
| – | – |
|
1060
Quaker Houghton
KWR
$2.51B
| $5.23M | ﹤0.01% |
32,702
| – | – |
|
1061
Hancock Whitney
HWC
$5.32B
| $5.17M | ﹤0.01% |
139,744
+7,283
| +5% | +$269K |
|
1062
CRISPR Therapeutics
CRSP
$4.99B
| $5.09M | ﹤0.01% |
112,169
+6,207
| +6% | +$282K |
|
1063
CNO Financial Group
CNO
$3.85B
| $5.09M | ﹤0.01% |
214,321
-4,665
| -2% | -$111K |
|
1064
First Hawaiian
FHB
$3.21B
| $5.08M | ﹤0.01% |
281,472
-15,042
| -5% | -$272K |
|
1065
Park Hotels & Resorts
PK
$2.4B
| $5.08M | ﹤0.01% |
412,240
+20,180
| +5% | +$249K |
|
1066
Kemper
KMPR
$3.39B
| $5.07M | ﹤0.01% |
120,667
| – | – |
|
1067
ACI Worldwide
ACIW
$5.12B
| $5.06M | ﹤0.01% |
224,357
| – | – |
|
1068
Ryan Specialty Holdings
RYAN
$6.96B
| $5.04M | ﹤0.01% |
+104,156
| New | +$5.04M |
|
1069
Rapid7
RPD
$1.32B
| $5M | ﹤0.01% |
109,234
+25,246
| +30% | +$1.16M |
|
1070
DoubleVerify
DV
$2.45B
| $4.98M | ﹤0.01% |
+178,245
| New | +$4.98M |
|
|
DNB
1071
DELISTED
Dun & Bradstreet
DNB
| $4.97M | ﹤0.01% |
497,447
+28,683
| +6% | +$287K |
|
1072
Freshpet
FRPT
$2.7B
| $4.97M | ﹤0.01% |
75,377
+6,476
| +9% | +$427K |
|
1073
National Storage Affiliates Trust
NSA
$2.56B
| $4.96M | ﹤0.01% |
156,173
+6,033
| +4% | +$191K |
|
1074
CONMED
CNMD
$1.7B
| $4.95M | ﹤0.01% |
49,065
+6,356
| +15% | +$641K |
|
1075
Guardant Health
GH
$7.5B
| $4.93M | ﹤0.01% |
166,476
+16,440
| +11% | +$487K |
|