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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Blackbaud
BLKB
$3.38B
| $8.53M | 0.01% |
107,196
+15,356
| +17% | +$1.22M |
|
|
GAP
1077
The Gap, Inc.
GAP
$8.45B
| $8.53M | 0.01% |
482,559
-1,164,742
| -71% | -$20.6M |
|
1078
PTC Therapeutics
PTCT
$4.9B
| $8.53M | 0.01% |
177,499
+53,790
| +43% | +$2.58M |
|
|
CLGX
1079
DELISTED
Corelogic, Inc.
CLGX
| $8.47M | 0.01% |
193,868
+13,384
| +7% | +$585K |
|
1080
Tandem Diabetes Care
TNDM
$828M
| $8.47M | 0.01% |
142,140
+7,823
| +6% | +$466K |
|
1081
Pure Storage
PSTG
$27.1B
| $8.47M | 0.01% |
495,000
+60,600
| +14% | +$1.04M |
|
1082
Taylor Morrison
TMHC
$6.93B
| $8.46M | 0.01% |
387,013
+157,195
| +68% | +$3.44M |
|
1083
CONMED
CNMD
$1.65B
| $8.45M | 0.01% |
75,565
+9,255
| +14% | +$1.03M |
|
1084
Carpenter Technology
CRS
$12B
| $8.44M | 0.01% |
169,535
+62,017
| +58% | +$3.09M |
|
|
BPMC
1085
DELISTED
Blueprint Medicines
BPMC
| $8.41M | 0.01% |
105,000
+13,000
| +14% | +$1.04M |
|
1086
Brown-Forman Class A
BF.A
$13.1B
| $8.4M | 0.01% |
133,741
-18,307
| -12% | -$1.15M |
|
|
AIMC
1087
DELISTED
Altra Industrial Motion Corp.
AIMC
| $8.39M | 0.01% |
231,708
+19,991
| +9% | +$724K |
|
1088
Carlyle Group
CG
$24.2B
| $8.35M | 0.01% |
260,413
+21,009
| +9% | +$674K |
|
1089
World Kinect Corp
WKC
$1.42B
| $8.35M | 0.01% |
192,351
+48,911
| +34% | +$2.12M |
|
1090
Globant
GLOB
$2.5B
| $8.33M | 0.01% |
78,580
+1,325
| +2% | +$141K |
|
1091
Sanmina
SANM
$6.27B
| $8.32M | 0.01% |
243,014
+25,163
| +12% | +$862K |
|
|
WRI
1092
DELISTED
Weingarten Realty Investors
WRI
| $8.31M | 0.01% |
265,957
+13,190
| +5% | +$412K |
|
1093
Viavi Solutions
VIAV
$2.67B
| $8.31M | 0.01% |
553,732
-40,814
| -7% | -$612K |
|
|
JBTM
1094
JBT Marel Corporation
JBTM
$7.2B
| $8.3M | 0.01% |
73,710
+578
| +0.8% | +$65.1K |
|
1095
Hyatt Hotels
H
$13.7B
| $8.3M | 0.01% |
92,515
-15,642
| -14% | -$1.4M |
|
1096
Macerich
MAC
$4.59B
| $8.29M | 0.01% |
307,758
-40,633
| -12% | -$1.09M |
|
1097
Interactive Brokers
IBKR
$28.6B
| $8.28M | 0.01% |
710,140
-155,200
| -18% | -$1.81M |
|
1098
PBF Energy
PBF
$3.22B
| $8.26M | 0.01% |
263,171
+33,529
| +15% | +$1.05M |
|
1099
Evertec
EVTC
$2.14B
| $8.25M | 0.01% |
242,264
+56,365
| +30% | +$1.92M |
|
1100
Progress Software
PRGS
$1.82B
| $8.24M | 0.01% |
198,375
+69,981
| +55% | +$2.91M |
|