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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Q2 Holdings
QTWO
$5.13B
| $7.99M | 0.01% |
98,520
+4,405
| +5% | +$357K |
|
1127
Amkor Technology
AMKR
$6.29B
| $7.97M | 0.01% |
613,265
+129,878
| +27% | +$1.69M |
|
1128
White Mountains Insurance
WTM
$4.54B
| $7.96M | 0.01% |
7,136
+444
| +7% | +$495K |
|
|
NVRO
1129
DELISTED
NEVRO CORP.
NVRO
| $7.96M | 0.01% |
67,686
+12,800
| +23% | +$1.5M |
|
1130
Group 1 Automotive
GPI
$6.03B
| $7.95M | 0.01% |
79,499
+35,548
| +81% | +$3.55M |
|
1131
Urban Outfitters
URBN
$6.07B
| $7.95M | 0.01% |
286,288
+54,266
| +23% | +$1.51M |
|
|
MOMO
1132
Hello Group
MOMO
$1.19B
| $7.94M | 0.01% |
236,994
+41,964
| +22% | +$1.41M |
|
1133
Crocs
CROX
$4.23B
| $7.89M | 0.01% |
188,256
+4,417
| +2% | +$185K |
|
1134
LivaNova
LIVN
$3.07B
| $7.88M | 0.01% |
104,400
+12,900
| +14% | +$973K |
|
1135
Neogen
NEOG
$1.19B
| $7.87M | 0.01% |
241,074
+13,484
| +6% | +$440K |
|
1136
Insperity
NSP
$1.99B
| $7.86M | 0.01% |
91,368
+5,601
| +7% | +$482K |
|
1137
Under Armour Class C
UA
$2.04B
| $7.83M | 0.01% |
408,000
+21,132
| +5% | +$405K |
|
1138
Commercial Metals
CMC
$6.47B
| $7.81M | 0.01% |
350,536
+63,127
| +22% | +$1.41M |
|
|
ENV
1139
DELISTED
ENVESTNET, INC.
ENV
| $7.79M | 0.01% |
111,890
+9,811
| +10% | +$683K |
|
|
PSXP
1140
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $7.78M | 0.01% |
126,251
+7,781
| +7% | +$480K |
|
|
CSOD
1141
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $7.77M | 0.01% |
132,748
+12,427
| +10% | +$728K |
|
1142
Ameris Bancorp
ABCB
$5.1B
| $7.76M | 0.01% |
182,451
+44,975
| +33% | +$1.91M |
|
1143
Sunstone Hotel Investors
SHO
$1.85B
| $7.75M | 0.01% |
557,047
-76,315
| -12% | -$1.06M |
|
1144
Choice Hotels
CHH
$5.22B
| $7.73M | 0.01% |
74,736
+767
| +1% | +$79.3K |
|
1145
Freshpet
FRPT
$2.67B
| $7.73M | 0.01% |
130,770
+48,163
| +58% | +$2.85M |
|
1146
National Storage Affiliates Trust
NSA
$2.45B
| $7.72M | 0.01% |
229,549
+93,405
| +69% | +$3.14M |
|
|
BCPC
1147
Balchem Corporation
BCPC
$5.07B
| $7.7M | 0.01% |
75,781
+1,745
| +2% | +$177K |
|
1148
McGrath RentCorp
MGRC
$3.01B
| $7.7M | 0.01% |
100,602
+46,303
| +85% | +$3.54M |
|
1149
FS KKR Capital
FSK
$4.91B
| $7.69M | 0.01% |
313,787
+10,600
| +3% | +$260K |
|
1150
First Interstate BancSystem
FIBK
$3.43B
| $7.69M | 0.01% |
183,488
+82,947
| +83% | +$3.48M |
|