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
|
$894M |
| 2 |
UnitedHealth
UNH
|
$430M |
| 3 |
Intel
INTC
|
$409M |
| 4 |
Amazon
AMZN
|
$352M |
| 5 |
Broadcom
AVGO
|
$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$415M |
| 2 |
Microsoft
MSFT
|
$275M |
| 3 |
VMW
VMware, Inc
VMW
|
$221M |
| 4 |
JPMorgan Chase
JPM
|
$146M |
| 5 |
Verizon
VZ
|
$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Envista
NVST
$3.54B
| $6M | ﹤0.01% |
249,195
-11,967
| -5% | -$288K |
|
1052
Azenta
AZTA
$1.39B
| $5.99M | ﹤0.01% |
91,976
| – | – |
|
1053
Howard Hughes
HHH
$4.69B
| $5.98M | ﹤0.01% |
73,367
-9,545
| -12% | -$778K |
|
1054
Rapid7
RPD
$1.32B
| $5.97M | ﹤0.01% |
104,628
-4,606
| -4% | -$263K |
|
1055
Crane NXT
CXT
$3.51B
| $5.95M | ﹤0.01% |
104,650
| – | – |
|
1056
Adient
ADNT
$2B
| $5.94M | ﹤0.01% |
163,382
-21,557
| -12% | -$784K |
|
1057
Insmed
INSM
$30.7B
| $5.93M | ﹤0.01% |
191,305
-1,672
| -0.9% | -$51.8K |
|
1058
Ryan Specialty Holdings
RYAN
$6.96B
| $5.88M | ﹤0.01% |
136,653
+32,497
| +31% | +$1.4M |
|
1059
Kemper
KMPR
$3.39B
| $5.87M | ﹤0.01% |
120,667
| – | – |
|
1060
CNO Financial Group
CNO
$3.85B
| $5.84M | ﹤0.01% |
209,174
-5,147
| -2% | -$144K |
|
1061
Sunrun
RUN
$4.19B
| $5.8M | ﹤0.01% |
295,549
-25,931
| -8% | -$509K |
|
1062
Advance Auto Parts
AAP
$3.63B
| $5.8M | ﹤0.01% |
94,985
-17,345
| -15% | -$1.06M |
|
1063
Doximity
DOCS
$13B
| $5.79M | ﹤0.01% |
206,578
+2,415
| +1% | +$67.7K |
|
1064
Fox Factory Holding Corp
FOXF
$1.22B
| $5.78M | ﹤0.01% |
85,587
-3,403
| -4% | -$230K |
|
1065
Spectrum Brands
SPB
$1.38B
| $5.76M | ﹤0.01% |
72,242
-88
| -0.1% | -$7.02K |
|
1066
Valaris
VAL
$3.64B
| $5.72M | ﹤0.01% |
83,382
| – | – |
|
1067
CONMED
CNMD
$1.7B
| $5.68M | ﹤0.01% |
51,911
+2,846
| +6% | +$312K |
|
1068
Kohl's
KSS
$1.86B
| $5.67M | ﹤0.01% |
197,860
+4,750
| +2% | +$136K |
|
1069
Innovative Industrial Properties
IIPR
$1.61B
| $5.66M | ﹤0.01% |
56,091
+1,090
| +2% | +$110K |
|
1070
Fox Class B
FOX
$24.9B
| $5.65M | ﹤0.01% |
204,508
-30,951
| -13% | -$856K |
|
1071
LivaNova
LIVN
$3.17B
| $5.65M | ﹤0.01% |
109,125
| – | – |
|
1072
Hilton Grand Vacations
HGV
$4.15B
| $5.64M | ﹤0.01% |
140,374
-12,984
| -8% | -$522K |
|
1073
First Hawaiian
FHB
$3.21B
| $5.62M | ﹤0.01% |
246,014
-35,458
| -13% | -$811K |
|
1074
Fortrea Holdings
FTRE
$1.06B
| $5.62M | ﹤0.01% |
161,070
| – | – |
|
1075
Freshpet
FRPT
$2.7B
| $5.61M | ﹤0.01% |
64,718
-10,659
| -14% | -$925K |
|