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 | |
|---|---|---|---|---|---|---|
1101
Louisiana-Pacific
LPX
$6.76B
| $8.22M | 0.01% |
277,181
-36,483
| -12% | -$1.08M |
|
1102
American States Water
AWR
$2.82B
| $8.22M | 0.01% |
94,867
+7,257
| +8% | +$629K |
|
1103
uniQure
QURE
$918M
| $8.22M | 0.01% |
114,693
+33,646
| +42% | +$2.41M |
|
|
MRTX
1104
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $8.21M | 0.01% |
63,702
-7,895
| -11% | -$1.02M |
|
1105
Beyond Meat
BYND
$199M
| $8.2M | 0.01% |
108,444
+86,963
| +405% | +$6.57M |
|
1106
Rapid7
RPD
$1.28B
| $8.2M | 0.01% |
146,296
+31,119
| +27% | +$1.74M |
|
1107
Ubiquiti
UI
$36.4B
| $8.2M | 0.01% |
43,364
-16,724
| -28% | -$3.16M |
|
1108
SiteOne Landscape Supply
SITE
$6.27B
| $8.19M | 0.01% |
90,367
+19,891
| +28% | +$1.8M |
|
|
AEL
1109
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.19M | 0.01% |
273,633
+27,589
| +11% | +$826K |
|
|
MFA
1110
MFA Financial
MFA
$1.04B
| $8.16M | 0.01% |
266,725
+23,621
| +10% | +$723K |
|
1111
Texas Capital Bancshares
TCBI
$4B
| $8.12M | 0.01% |
143,047
+25,220
| +21% | +$1.43M |
|
|
EVBG
1112
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $8.12M | 0.01% |
103,947
+23,756
| +30% | +$1.85M |
|
1113
Cinemark Holdings
CNK
$3.23B
| $8.11M | 0.01% |
239,517
-21,827
| -8% | -$739K |
|
|
SAGE
1114
DELISTED
Sage Therapeutics
SAGE
| $8.11M | 0.01% |
112,304
+18,516
| +20% | +$1.34M |
|
|
LM
1115
DELISTED
Legg Mason, Inc.
LM
| $8.1M | 0.01% |
225,633
-6,224
| -3% | -$223K |
|
1116
HDFC Bank
HDB
$179B
| $8.1M | 0.01% |
+127,800
| New | +$8.1M |
|
1117
Copa Holdings
CPA
$4.84B
| $8.07M | 0.01% |
74,679
+5,938
| +9% | +$642K |
|
1118
Emergent Biosolutions
EBS
$440M
| $8.07M | 0.01% |
149,549
+48,863
| +49% | +$2.64M |
|
|
INFN
1119
DELISTED
Infinera Corporation Common Stock
INFN
| $8.07M | 0.01% |
1,015,712
+750,287
| +283% | +$5.96M |
|
1120
Itron
ITRI
$5.47B
| $8.05M | 0.01% |
95,838
+26,200
| +38% | +$2.2M |
|
1121
Visteon
VC
$3.45B
| $8.04M | 0.01% |
92,898
+29,089
| +46% | +$2.52M |
|
|
STAY
1122
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $8.04M | 0.01% |
540,986
+20,525
| +4% | +$305K |
|
1123
National Health Investors
NHI
$3.76B
| $8.01M | 0.01% |
98,253
+1,361
| +1% | +$111K |
|
1124
Cleveland-Cliffs
CLF
$5.81B
| $8M | 0.01% |
952,692
-139,839
| -13% | -$1.17M |
|
1125
GATX Corp
GATX
$6.13B
| $7.99M | 0.01% |
96,448
+9,919
| +11% | +$822K |
|