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 | |
|---|---|---|---|---|---|---|
|
BECN
1076
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $5.61M | ﹤0.01% |
64,453
+18,271
| +40% | +$1.59M |
|
|
DNB
1077
DELISTED
Dun & Bradstreet
DNB
| $5.59M | ﹤0.01% |
477,975
-19,472
| -4% | -$228K |
|
1078
Medical Properties Trust
MPW
$2.67B
| $5.58M | ﹤0.01% |
1,137,385
-33,782
| -3% | -$166K |
|
|
AMED
1079
DELISTED
Amedisys
AMED
| $5.57M | ﹤0.01% |
58,545
-3,064
| -5% | -$291K |
|
|
UCB
1080
United Community Banks, Inc.
UCB
$4.08B
| $5.46M | ﹤0.01% |
186,517
| – | – |
|
1081
Marriott Vacations Worldwide
VAC
$2.73B
| $5.39M | ﹤0.01% |
63,517
-5,593
| -8% | -$475K |
|
1082
SL Green Realty
SLG
$4.25B
| $5.31M | ﹤0.01% |
117,657
-1,390
| -1% | -$62.8K |
|
1083
Community Bank
CBU
$3.21B
| $5.31M | ﹤0.01% |
101,916
| – | – |
|
1084
Travel + Leisure Co
TNL
$4.12B
| $5.26M | ﹤0.01% |
134,612
+775
| +0.6% | +$30.3K |
|
1085
Belden
BDC
$5.13B
| $5.25M | ﹤0.01% |
67,922
+4,025
| +6% | +$311K |
|
1086
H.B. Fuller
FUL
$3.31B
| $5.19M | ﹤0.01% |
63,805
+10,883
| +21% | +$886K |
|
1087
Carter's
CRI
$1.04B
| $5.17M | ﹤0.01% |
69,052
+667
| +1% | +$50K |
|
1088
Broadstone Net Lease
BNL
$3.5B
| $5.17M | ﹤0.01% |
300,158
+5,153
| +2% | +$88.7K |
|
1089
Lumentum
LITE
$9.92B
| $5.15M | ﹤0.01% |
98,261
-7,780
| -7% | -$408K |
|
1090
RingCentral
RNG
$2.76B
| $5.11M | ﹤0.01% |
150,454
| – | – |
|
1091
Shake Shack
SHAK
$4.1B
| $5.06M | ﹤0.01% |
68,263
+797
| +1% | +$59.1K |
|
1092
Agilon Health
AGL
$501M
| $5.06M | ﹤0.01% |
402,879
-11,108
| -3% | -$139K |
|
1093
Douglas Emmett
DEI
$2.77B
| $5.05M | ﹤0.01% |
348,408
-4,734
| -1% | -$68.6K |
|
1094
Helen of Troy
HELE
$589M
| $5.03M | ﹤0.01% |
41,604
+5,291
| +15% | +$639K |
|
1095
iRhythm Technologies
IRTC
$5.85B
| $5.02M | ﹤0.01% |
46,945
| – | – |
|
|
ENV
1096
DELISTED
ENVESTNET, INC.
ENV
| $4.98M | ﹤0.01% |
100,566
-177,569
| -64% | -$8.79M |
|
1097
Resideo Technologies
REZI
$5.23B
| $4.94M | ﹤0.01% |
262,535
| – | – |
|
1098
Ultragenyx Pharmaceutical
RARE
$3.01B
| $4.86M | ﹤0.01% |
101,672
| – | – |
|
1099
Nomad Foods
NOMD
$2.24B
| $4.84M | ﹤0.01% |
285,586
-18,025
| -6% | -$306K |
|
1100
ScottsMiracle-Gro
SMG
$3.62B
| $4.77M | ﹤0.01% |
74,863
-3,611
| -5% | -$230K |
|