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 |
Netflix
NFLX
|
$376M |
| 2 |
Charter Communications
CHTR
|
$360M |
| 3 |
Costco
COST
|
$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$185M |
| 5 |
Microsoft
MSFT
|
$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$174M |
| 3 |
Labcorp
LH
|
$151M |
| 4 |
Stryker
SYK
|
$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Resideo Technologies
REZI
$5.32B
| $7.94M | 0.01% |
320,428
+470
| +0.1% | +$11.7K |
|
1102
Under Armour Class C
UA
$2.13B
| $7.92M | 0.01% |
451,992
+8,180
| +2% | +$143K |
|
1103
Home BancShares
HOMB
$5.88B
| $7.88M | 0.01% |
334,781
-11,020
| -3% | -$259K |
|
1104
Magnite
MGNI
$3.54B
| $7.86M | 0.01% |
280,722
+36,747
| +15% | +$1.03M |
|
1105
Viasat
VSAT
$3.98B
| $7.85M | 0.01% |
142,534
+8,838
| +7% | +$487K |
|
1106
Advanced Energy
AEIS
$5.8B
| $7.78M | 0.01% |
88,627
+1,173
| +1% | +$103K |
|
1107
Alkermes
ALKS
$4.94B
| $7.77M | 0.01% |
+252,015
| New | +$7.77M |
|
1108
Kinsale Capital Group
KNSL
$10.6B
| $7.73M | 0.01% |
47,782
+64
| +0.1% | +$10.3K |
|
1109
Rogers Corp
ROG
$1.43B
| $7.72M | 0.01% |
41,374
-486
| -1% | -$90.6K |
|
1110
Blackbaud
BLKB
$3.23B
| $7.7M | 0.01% |
109,501
+723
| +0.7% | +$50.9K |
|
1111
KB Home
KBH
$4.63B
| $7.69M | 0.01% |
197,556
-12,079
| -6% | -$470K |
|
1112
Cracker Barrel
CBRL
$1.18B
| $7.64M | 0.01% |
54,604
+349
| +0.6% | +$48.8K |
|
1113
LivePerson
LPSN
$89.9M
| $7.58M | 0.01% |
128,635
+1,281
| +1% | +$75.5K |
|
1114
Hillenbrand
HI
$1.85B
| $7.55M | 0.01% |
176,987
+1,013
| +0.6% | +$43.2K |
|
1115
Itron
ITRI
$5.51B
| $7.54M | 0.01% |
99,718
+1,785
| +2% | +$135K |
|
1116
New Jersey Resources
NJR
$4.72B
| $7.54M | 0.01% |
216,522
+1,922
| +0.9% | +$66.9K |
|
|
ARNA
1117
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $7.5M | 0.01% |
125,900
-12,475
| -9% | -$743K |
|
1118
Adaptive Biotechnologies
ADPT
$1.96B
| $7.45M | 0.01% |
219,269
+4,875
| +2% | +$166K |
|
1119
TripAdvisor
TRIP
$2.05B
| $7.44M | 0.01% |
219,901
-1,022
| -0.5% | -$34.6K |
|
1120
Texas Pacific Land
TPL
$20.4B
| $7.42M | 0.01% |
+18,411
| New | +$7.42M |
|
1121
LCI Industries
LCII
$2.57B
| $7.41M | 0.01% |
55,054
+674
| +1% | +$90.7K |
|
1122
ONE Gas
OGS
$4.56B
| $7.38M | 0.01% |
116,494
-2,012
| -2% | -$127K |
|
1123
White Mountains Insurance
WTM
$4.63B
| $7.37M | 0.01% |
6,893
| – | – |
|
1124
Sabra Healthcare REIT
SBRA
$4.56B
| $7.34M | 0.01% |
498,640
-16,488
| -3% | -$243K |
|
1125
Bank of Hawaii
BOH
$2.72B
| $7.32M | 0.01% |
89,049
-216
| -0.2% | -$17.7K |
|