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 |
NVIDIA
NVDA
|
$894M |
| 2 |
UnitedHealth
UNH
|
$430M |
| 3 |
Intel
INTC
|
$409M |
| 4 |
Amazon
AMZN
|
$352M |
| 5 |
Broadcom
AVGO
|
$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$415M |
| 2 |
Microsoft
MSFT
|
$275M |
| 3 |
VMW
VMware, Inc
VMW
|
$221M |
| 4 |
JPMorgan Chase
JPM
|
$146M |
| 5 |
Verizon
VZ
|
$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Spirit AeroSystems
SPR
$4.8B
| $4.77M | ﹤0.01% |
150,082
| – | – |
|
1102
Papa John's
PZZA
$1.58B
| $4.75M | ﹤0.01% |
62,320
+1,896
| +3% | +$145K |
|
1103
Sensient Technologies
SXT
$4.79B
| $4.72M | ﹤0.01% |
71,503
-5,362
| -7% | -$354K |
|
1104
Arrowhead Research
ARWR
$4.02B
| $4.71M | ﹤0.01% |
154,059
| – | – |
|
1105
Newell Brands
NWL
$2.68B
| $4.71M | ﹤0.01% |
542,605
| – | – |
|
1106
Madrigal Pharmaceuticals
MDGL
$9.65B
| $4.67M | ﹤0.01% |
20,190
-4,668
| -19% | -$1.08M |
|
1107
Viasat
VSAT
$3.98B
| $4.6M | ﹤0.01% |
164,682
+15,236
| +10% | +$426K |
|
1108
Bankunited
BKU
$2.93B
| $4.56M | ﹤0.01% |
140,676
-22,528
| -14% | -$731K |
|
1109
Viavi Solutions
VIAV
$2.6B
| $4.54M | ﹤0.01% |
451,179
| – | – |
|
1110
Vestis
VSTS
$601M
| $4.52M | ﹤0.01% |
+213,937
| New | +$4.52M |
|
|
LTHM
1111
DELISTED
Livent Corporation
LTHM
| $4.51M | ﹤0.01% |
250,975
-8,923
| -3% | -$160K |
|
1112
Guardant Health
GH
$7.5B
| $4.5M | ﹤0.01% |
166,476
| – | – |
|
1113
Antero Midstream
AM
$8.73B
| $4.49M | ﹤0.01% |
358,534
+176,286
| +97% | +$2.21M |
|
1114
Lucid Motors
LCID
$5.66B
| $4.44M | ﹤0.01% |
105,527
-7,109
| -6% | -$299K |
|
1115
RXO
RXO
$2.71B
| $4.41M | ﹤0.01% |
189,432
| – | – |
|
1116
Highwoods Properties
HIW
$3.44B
| $4.36M | ﹤0.01% |
189,885
-19,034
| -9% | -$437K |
|
1117
Foot Locker
FL
$2.29B
| $4.33M | ﹤0.01% |
139,115
-17,265
| -11% | -$538K |
|
1118
Bank of Hawaii
BOH
$2.72B
| $4.33M | ﹤0.01% |
59,736
-1,968
| -3% | -$143K |
|
1119
Badger Meter
BMI
$5.39B
| $4.3M | ﹤0.01% |
27,881
+12,384
| +80% | +$1.91M |
|
1120
Q2 Holdings
QTWO
$4.92B
| $4.3M | ﹤0.01% |
99,061
-6,259
| -6% | -$272K |
|
1121
Sprout Social
SPT
$891M
| $4.21M | ﹤0.01% |
68,549
-5,567
| -8% | -$342K |
|
1122
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $4.14M | ﹤0.01% |
149,985
| – | – |
|
1123
Enovis
ENOV
$1.84B
| $4.11M | ﹤0.01% |
73,434
+796
| +1% | +$44.6K |
|
1124
Independent Bank
INDB
$3.55B
| $3.97M | ﹤0.01% |
60,366
-1,282
| -2% | -$84.4K |
|
1125
Ambarella
AMBA
$3.54B
| $3.97M | ﹤0.01% |
64,751
+1,531
| +2% | +$93.8K |
|