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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
MaxLinear
MXL
$1.37B
| $4.42M | ﹤0.01% |
140,170
+3,365
| +2% | +$106K |
|
1102
GameStop
GME
$10B
| $4.42M | ﹤0.01% |
182,190
-25,000
| -12% | -$606K |
|
1103
Spirit AeroSystems
SPR
$4.88B
| $4.4M | ﹤0.01% |
150,725
-9,805
| -6% | -$286K |
|
1104
Douglas Emmett
DEI
$2.71B
| $4.35M | ﹤0.01% |
345,863
| – | – |
|
|
JWN
1105
DELISTED
Nordstrom
JWN
| $4.34M | ﹤0.01% |
212,055
-5,043
| -2% | -$103K |
|
1106
Doximity
DOCS
$12.7B
| $4.31M | ﹤0.01% |
126,707
+13,742
| +12% | +$468K |
|
1107
RXO
RXO
$2.68B
| $4.29M | ﹤0.01% |
189,432
-13,376
| -7% | -$303K |
|
1108
Spectrum Brands
SPB
$1.38B
| $4.26M | ﹤0.01% |
54,577
-7,981
| -13% | -$623K |
|
1109
Foot Locker
FL
$2.36B
| $4.24M | ﹤0.01% |
156,380
-5,923
| -4% | -$161K |
|
1110
iQIYI
IQ
$2.55B
| $4.22M | ﹤0.01% |
790,058
-31,788
| -4% | -$170K |
|
1111
Sprout Social
SPT
$929M
| $4.2M | ﹤0.01% |
91,014
+1,056
| +1% | +$48.7K |
|
1112
Lyft
LYFT
$6.73B
| $4.18M | ﹤0.01% |
435,873
-65,746
| -13% | -$631K |
|
1113
Cytokinetics
CYTK
$4.23B
| $4.16M | ﹤0.01% |
127,401
-8,216
| -6% | -$268K |
|
1114
Penske Automotive Group
PAG
$12.2B
| $4.14M | ﹤0.01% |
24,828
+4,038
| +19% | +$673K |
|
1115
Bloom Energy
BE
$12.4B
| $4.11M | ﹤0.01% |
251,195
-20,298
| -7% | -$332K |
|
1116
ScottsMiracle-Gro
SMG
$3.53B
| $4.11M | ﹤0.01% |
65,505
+714
| +1% | +$44.8K |
|
1117
RingCentral
RNG
$2.76B
| $4.05M | ﹤0.01% |
123,681
| – | – |
|
1118
Insmed
INSM
$28.8B
| $4.04M | ﹤0.01% |
191,254
-38,344
| -17% | -$809K |
|
|
DQ
1119
Daqo New Energy
DQ
$1.7B
| $3.98M | ﹤0.01% |
100,193
-6,739
| -6% | -$268K |
|
1120
JetBlue
JBLU
$1.95B
| $3.95M | ﹤0.01% |
445,453
-43,228
| -9% | -$383K |
|
1121
Azenta
AZTA
$1.4B
| $3.93M | ﹤0.01% |
84,161
-8,391
| -9% | -$392K |
|
1122
Helen of Troy
HELE
$564M
| $3.92M | ﹤0.01% |
36,313
| – | – |
|
1123
Innovative Industrial Properties
IIPR
$1.59B
| $3.92M | ﹤0.01% |
53,715
| – | – |
|
1124
Broadstone Net Lease
BNL
$3.52B
| $3.89M | ﹤0.01% |
252,101
-34,885
| -12% | -$539K |
|
1125
Westlake Corp
WLK
$11.3B
| $3.89M | ﹤0.01% |
32,544
+12,080
| +59% | +$1.44M |
|