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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Highwoods Properties
HIW
$3.41B
| $5M | ﹤0.01% |
208,919
-2,787
| -1% | -$66.6K |
|
1077
Carter's
CRI
$1.04B
| $4.96M | ﹤0.01% |
68,385
-5,972
| -8% | -$434K |
|
1078
Glaukos
GKOS
$5.5B
| $4.96M | ﹤0.01% |
69,697
-18,765
| -21% | -$1.34M |
|
1079
Rogers Corp
ROG
$1.42B
| $4.96M | ﹤0.01% |
30,610
-34,564
| -53% | -$5.6M |
|
1080
Newell Brands
NWL
$2.48B
| $4.93M | ﹤0.01% |
566,302
-191,346
| -25% | -$1.66M |
|
1081
iRhythm Technologies
IRTC
$5.46B
| $4.9M | ﹤0.01% |
46,945
-2,148
| -4% | -$224K |
|
1082
Magnolia Oil & Gas
MGY
$4.61B
| $4.83M | ﹤0.01% |
231,187
+13,795
| +6% | +$288K |
|
1083
Zurn Elkay Water Solutions
ZWS
$7.6B
| $4.77M | ﹤0.01% |
177,520
-42,872
| -19% | -$1.15M |
|
1084
Varonis Systems
VRNS
$6.61B
| $4.77M | ﹤0.01% |
179,081
+14,398
| +9% | +$384K |
|
1085
Fabrinet
FN
$11.8B
| $4.71M | ﹤0.01% |
36,283
+590
| +2% | +$76.6K |
|
1086
TAL Education Group
TAL
$6.46B
| $4.71M | ﹤0.01% |
789,770
-37,580
| -5% | -$224K |
|
1087
Affirm
AFRM
$28.8B
| $4.69M | ﹤0.01% |
306,154
-19,380
| -6% | -$297K |
|
1088
Ultragenyx Pharmaceutical
RARE
$2.89B
| $4.69M | ﹤0.01% |
101,672
-12,165
| -11% | -$561K |
|
|
UCB
1089
United Community Banks, Inc.
UCB
$4.06B
| $4.66M | ﹤0.01% |
186,517
| – | – |
|
1090
Resideo Technologies
REZI
$5.07B
| $4.64M | ﹤0.01% |
262,535
| – | – |
|
1091
Jackson Financial
JXN
$6.88B
| $4.59M | ﹤0.01% |
149,953
-6,581
| -4% | -$201K |
|
1092
Shake Shack
SHAK
$4.27B
| $4.57M | ﹤0.01% |
58,851
+2,041
| +4% | +$159K |
|
1093
Madrigal Pharmaceuticals
MDGL
$9.76B
| $4.54M | ﹤0.01% |
19,637
+6,699
| +52% | +$1.55M |
|
1094
Freshpet
FRPT
$2.72B
| $4.53M | ﹤0.01% |
68,901
| – | – |
|
1095
Kohl's
KSS
$1.69B
| $4.5M | ﹤0.01% |
195,331
-15,470
| -7% | -$357K |
|
1096
Ambarella
AMBA
$3.5B
| $4.47M | ﹤0.01% |
53,400
-3,693
| -6% | -$309K |
|
1097
Papa John's
PZZA
$1.6B
| $4.46M | ﹤0.01% |
60,424
-4,715
| -7% | -$348K |
|
1098
Terex
TEX
$3.28B
| $4.46M | ﹤0.01% |
74,546
+17,789
| +31% | +$1.06M |
|
1099
Viasat
VSAT
$4.34B
| $4.45M | ﹤0.01% |
107,790
-7,448
| -6% | -$307K |
|
1100
Lumen
LUMN
$5.1B
| $4.43M | ﹤0.01% |
1,959,598
-190,964
| -9% | -$432K |
|