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 | |
|---|---|---|---|---|---|---|
1076
Vertiv
VRT
$47.4B
| $4.71M | ﹤0.01% |
572,571
-102,457
| -15% | -$842K |
|
1077
Wingstop
WING
$8.65B
| $4.67M | ﹤0.01% |
62,418
-195
| -0.3% | -$14.6K |
|
|
JKS
1078
JinkoSolar
JKS
$1.32B
| $4.65M | ﹤0.01% |
67,259
-3,733
| -5% | -$258K |
|
1079
Ambarella
AMBA
$3.54B
| $4.63M | ﹤0.01% |
70,703
-4,400
| -6% | -$288K |
|
1080
Chegg
CHGG
$185M
| $4.61M | ﹤0.01% |
245,606
+3,840
| +2% | +$72.1K |
|
|
AYX
1081
DELISTED
Alteryx, Inc.
AYX
| $4.61M | ﹤0.01% |
95,106
-6,311
| -6% | -$306K |
|
1082
Cracker Barrel
CBRL
$1.18B
| $4.58M | ﹤0.01% |
54,905
-3,106
| -5% | -$259K |
|
1083
Quaker Houghton
KWR
$2.51B
| $4.57M | ﹤0.01% |
30,568
+238
| +0.8% | +$35.6K |
|
1084
Enovis
ENOV
$1.84B
| $4.54M | ﹤0.01% |
82,574
-61,078
| -43% | -$3.36M |
|
|
LSXMA
1085
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $4.52M | ﹤0.01% |
170,669
-22,423
| -12% | -$594K |
|
1086
Meritage Homes
MTH
$5.89B
| $4.51M | ﹤0.01% |
124,276
| – | – |
|
1087
Autohome
ATHM
$3.39B
| $4.49M | ﹤0.01% |
114,271
-4,592
| -4% | -$181K |
|
1088
Foot Locker
FL
$2.29B
| $4.45M | ﹤0.01% |
176,084
-12,066
| -6% | -$305K |
|
1089
Pegasystems
PEGA
$9.5B
| $4.4M | ﹤0.01% |
184,122
+4,764
| +3% | +$114K |
|
1090
Freshpet
FRPT
$2.7B
| $4.39M | ﹤0.01% |
84,644
-2,836
| -3% | -$147K |
|
1091
Victoria's Secret
VSCO
$2.1B
| $4.36M | ﹤0.01% |
155,955
-6,102
| -4% | -$171K |
|
1092
Independence Realty Trust
IRT
$4.22B
| $4.35M | ﹤0.01% |
209,908
+47,043
| +29% | +$975K |
|
1093
Insmed
INSM
$30.7B
| $4.26M | ﹤0.01% |
215,907
| – | – |
|
1094
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $4.26M | ﹤0.01% |
246,035
-18,195
| -7% | -$315K |
|
|
HPP
1095
Hudson Pacific Properties
HPP
$1.16B
| $4.23M | ﹤0.01% |
285,322
-14,141
| -5% | -$210K |
|
1096
National Vision
EYE
$1.86B
| $4.22M | ﹤0.01% |
153,383
-12,973
| -8% | -$357K |
|
1097
Herbalife
HLF
$1.02B
| $4.22M | ﹤0.01% |
206,257
-13,762
| -6% | -$281K |
|
1098
Bentley Systems
BSY
$16.3B
| $4.2M | ﹤0.01% |
126,235
+58,864
| +87% | +$1.96M |
|
1099
KB Home
KBH
$4.63B
| $4.14M | ﹤0.01% |
145,412
-19,747
| -12% | -$562K |
|
1100
Sonos
SONO
$1.78B
| $4.08M | ﹤0.01% |
225,860
-29,260
| -11% | -$528K |
|