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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Xerox
XRX
$493M
| $6.02M | ﹤0.01% |
298,419
-1,282
| -0.4% | -$25.9K |
|
1102
Haemonetics
HAE
$2.62B
| $5.93M | ﹤0.01% |
93,764
-1,456
| -2% | -$92.1K |
|
1103
Zillow
ZG
$20.5B
| $5.92M | ﹤0.01% |
122,712
+1,923
| +2% | +$92.7K |
|
|
GAP
1104
The Gap, Inc.
GAP
$8.83B
| $5.9M | ﹤0.01% |
419,332
-2,687
| -0.6% | -$37.8K |
|
1105
Bread Financial
BFH
$3.09B
| $5.82M | ﹤0.01% |
103,581
-8,249
| -7% | -$463K |
|
|
GTM
1106
ZoomInfo Technologies
GTM
$3.26B
| $5.75M | ﹤0.01% |
+96,245
| New | +$5.75M |
|
1107
LCI Industries
LCII
$2.57B
| $5.71M | ﹤0.01% |
54,992
| – | – |
|
1108
Under Armour
UAA
$2.2B
| $5.67M | ﹤0.01% |
333,264
-41,107
| -11% | -$700K |
|
1109
Beam Therapeutics
BEAM
$2.11B
| $5.65M | ﹤0.01% |
98,560
-206
| -0.2% | -$11.8K |
|
|
AIMC
1110
DELISTED
Altra Industrial Motion Corp.
AIMC
| $5.6M | ﹤0.01% |
143,739
| – | – |
|
1111
WD-40
WDFC
$2.95B
| $5.58M | ﹤0.01% |
30,472
-43
| -0.1% | -$7.88K |
|
1112
Foot Locker
FL
$2.29B
| $5.58M | ﹤0.01% |
188,150
-6,228
| -3% | -$185K |
|
1113
KE Holdings
BEKE
$22.4B
| $5.57M | ﹤0.01% |
450,519
-32,316
| -7% | -$400K |
|
1114
Tencent Music
TME
$37.7B
| $5.53M | ﹤0.01% |
1,135,314
-2,173,197
| -66% | -$10.6M |
|
1115
LiveRamp
RAMP
$1.86B
| $5.47M | ﹤0.01% |
146,352
| – | – |
|
1116
APi Group
APG
$14.5B
| $5.47M | ﹤0.01% |
390,252
+36,966
| +10% | +$518K |
|
1117
Ollie's Bargain Outlet
OLLI
$8.18B
| $5.41M | ﹤0.01% |
125,847
-19,531
| -13% | -$839K |
|
1118
Fate Therapeutics
FATE
$116M
| $5.36M | ﹤0.01% |
138,348
-22,597
| -14% | -$876K |
|
1119
KB Home
KBH
$4.63B
| $5.35M | ﹤0.01% |
165,159
-3,103
| -2% | -$100K |
|
1120
Itron
ITRI
$5.51B
| $5.25M | ﹤0.01% |
99,718
| – | – |
|
1121
PTC Therapeutics
PTCT
$4.55B
| $5.25M | ﹤0.01% |
140,654
| – | – |
|
1122
Beyond Meat
BYND
$189M
| $5.24M | ﹤0.01% |
108,501
+2,180
| +2% | +$105K |
|
1123
Quaker Houghton
KWR
$2.51B
| $5.24M | ﹤0.01% |
30,330
| – | – |
|
1124
Frontdoor
FTDR
$4.59B
| $5.24M | ﹤0.01% |
175,380
+2,328
| +1% | +$69.5K |
|
1125
American Eagle Outfitters
AEO
$3.26B
| $5.18M | ﹤0.01% |
308,202
-16,344
| -5% | -$275K |
|