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 | |
|---|---|---|---|---|---|---|
1076
Verint Systems
VRNT
$1.23B
| $6.87M | 0.01% |
132,900
-7,851
| -6% | -$406K |
|
1077
PagSeguro Digital
PAGS
$2.8B
| $6.83M | 0.01% |
340,499
-50,238
| -13% | -$1.01M |
|
1078
Herbalife
HLF
$1.02B
| $6.68M | 0.01% |
220,019
-21,985
| -9% | -$667K |
|
1079
Lazard
LAZ
$5.32B
| $6.67M | 0.01% |
193,284
-21,402
| -10% | -$738K |
|
1080
Blackbaud
BLKB
$3.23B
| $6.6M | 0.01% |
110,161
+660
| +0.6% | +$39.5K |
|
1081
Matador Resources
MTDR
$6.01B
| $6.59M | 0.01% |
+124,398
| New | +$6.59M |
|
1082
Natera
NTRA
$23.1B
| $6.59M | 0.01% |
161,891
-2,036
| -1% | -$82.8K |
|
1083
Under Armour Class C
UA
$2.13B
| $6.54M | 0.01% |
419,970
-7,200
| -2% | -$112K |
|
|
MRTX
1084
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $6.53M | 0.01% |
79,430
-4,444
| -5% | -$365K |
|
1085
Denali Therapeutics
DNLI
$2.26B
| $6.5M | 0.01% |
202,177
| – | – |
|
|
LSXMA
1086
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $6.49M | 0.01% |
193,092
-32,351
| -14% | -$1.09M |
|
1087
Sabre
SABR
$675M
| $6.42M | 0.01% |
561,432
+556
| +0.1% | +$6.36K |
|
1088
Q2 Holdings
QTWO
$4.92B
| $6.38M | 0.01% |
103,459
-6,412
| -6% | -$395K |
|
1089
Viasat
VSAT
$3.98B
| $6.27M | ﹤0.01% |
128,544
-14,899
| -10% | -$727K |
|
1090
Hain Celestial
HAIN
$164M
| $6.26M | ﹤0.01% |
182,017
+4,392
| +2% | +$151K |
|
1091
Tilray
TLRY
$1.31B
| $6.25M | ﹤0.01% |
803,868
-24,112
| -3% | -$187K |
|
|
MZTI
1092
The Marzetti Company Common Stock
MZTI
$5.08B
| $6.21M | ﹤0.01% |
41,620
| – | – |
|
1093
Visteon
VC
$3.41B
| $6.2M | ﹤0.01% |
56,842
-3,323
| -6% | -$363K |
|
1094
Unifirst Corp
UNF
$3.3B
| $6.18M | ﹤0.01% |
33,544
| – | – |
|
|
EQC
1095
DELISTED
Equity Commonwealth
EQC
| $6.11M | ﹤0.01% |
216,680
-2,103
| -1% | -$59.3K |
|
1096
Texas Capital Bancshares
TCBI
$3.96B
| $6.08M | ﹤0.01% |
106,151
| – | – |
|
1097
Asana
ASAN
$3.18B
| $6.08M | ﹤0.01% |
152,068
-12,889
| -8% | -$515K |
|
1098
Kyndryl
KD
$7.57B
| $6.07M | ﹤0.01% |
462,799
+4,297
| +0.9% | +$56.4K |
|
|
AJRD
1099
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $6.05M | ﹤0.01% |
153,816
-6,436
| -4% | -$253K |
|
1100
Lufax Holding
LU
$2.61B
| $6.03M | ﹤0.01% |
270,793
-17,483
| -6% | -$390K |
|