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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Comfort Systems
FIX
$24.8B
| $4.52M | ﹤0.01% |
+30,996
| New | +$4.52M |
|
1102
ScottsMiracle-Gro
SMG
$3.53B
| $4.52M | ﹤0.01% |
64,791
-13,441
| -17% | -$937K |
|
|
AMED
1103
DELISTED
Amedisys
AMED
| $4.49M | ﹤0.01% |
61,088
-11,892
| -16% | -$875K |
|
1104
Mercury Systems
MRCY
$4.05B
| $4.48M | ﹤0.01% |
87,595
-32,415
| -27% | -$1.66M |
|
1105
Strategy Inc Common Stock Class A
MSTR
$94.8B
| $4.46M | ﹤0.01% |
15,258
-2,017
| -12% | -$590K |
|
1106
Glaukos
GKOS
$5.5B
| $4.43M | ﹤0.01% |
88,462
-13,237
| -13% | -$663K |
|
1107
Ambarella
AMBA
$3.5B
| $4.42M | ﹤0.01% |
57,093
-10,468
| -15% | -$810K |
|
1108
Sonos
SONO
$1.68B
| $4.41M | ﹤0.01% |
224,576
-25,047
| -10% | -$491K |
|
|
DISH
1109
DELISTED
DISH Network Corp.
DISH
| $4.35M | ﹤0.01% |
466,740
-89,515
| -16% | -$835K |
|
1110
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.86B
| $4.32M | ﹤0.01% |
222,716
-65,553
| -23% | -$1.27M |
|
|
BPMC
1111
DELISTED
Blueprint Medicines
BPMC
| $4.31M | ﹤0.01% |
95,835
-10,846
| -10% | -$488K |
|
1112
Procore
PCOR
$10.4B
| $4.29M | ﹤0.01% |
68,473
+9,389
| +16% | +$588K |
|
1113
Varonis Systems
VRNS
$6.61B
| $4.28M | ﹤0.01% |
164,683
-44,897
| -21% | -$1.17M |
|
1114
Douglas Emmett
DEI
$2.71B
| $4.26M | ﹤0.01% |
345,863
-60,017
| -15% | -$740K |
|
1115
Fabrinet
FN
$11.8B
| $4.24M | ﹤0.01% |
35,693
+7,572
| +27% | +$899K |
|
1116
Spectrum Brands
SPB
$1.38B
| $4.14M | ﹤0.01% |
62,558
-33,000
| -35% | -$2.19M |
|
1117
Azenta
AZTA
$1.4B
| $4.13M | ﹤0.01% |
92,552
-46,846
| -34% | -$2.09M |
|
1118
Rapid7
RPD
$1.34B
| $4.12M | ﹤0.01% |
89,799
-40,959
| -31% | -$1.88M |
|
1119
Innovative Industrial Properties
IIPR
$1.59B
| $4.08M | ﹤0.01% |
53,715
-5,411
| -9% | -$411K |
|
1120
Denali Therapeutics
DNLI
$2.23B
| $4.06M | ﹤0.01% |
176,131
-17,430
| -9% | -$402K |
|
1121
ZIM Integrated Shipping Services
ZIM
$1.64B
| $4.03M | ﹤0.01% |
171,072
+1,202
| +0.7% | +$28.3K |
|
|
RXDX
1122
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $4.01M | ﹤0.01% |
+37,339
| New | +$4.01M |
|
1123
Wayfair
W
$9.67B
| $4M | ﹤0.01% |
116,505
-25,922
| -18% | -$890K |
|
1124
RXO
RXO
$2.68B
| $3.98M | ﹤0.01% |
202,808
-34,996
| -15% | -$687K |
|
1125
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $3.94M | ﹤0.01% |
137,649
-20,261
| -13% | -$579K |
|