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 |
Netflix
NFLX
|
$376M |
| 2 |
Charter Communications
CHTR
|
$360M |
| 3 |
Costco
COST
|
$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$185M |
| 5 |
Microsoft
MSFT
|
$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$174M |
| 3 |
Labcorp
LH
|
$151M |
| 4 |
Stryker
SYK
|
$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Iovance Biotherapeutics
IOVA
$901M
| $7.29M | 0.01% |
295,415
-4,405
| -1% | -$109K |
|
1127
Taylor Morrison
TMHC
$7.1B
| $7.28M | 0.01% |
282,366
-13,363
| -5% | -$344K |
|
|
AJRD
1128
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $7.26M | 0.01% |
166,687
+2,312
| +1% | +$101K |
|
1129
Kodiak Sciences
KOD
$556M
| $7.22M | 0.01% |
75,224
+1,430
| +2% | +$137K |
|
1130
Quaker Houghton
KWR
$2.51B
| $7.21M | 0.01% |
30,330
+423
| +1% | +$101K |
|
1131
nCino
NCNO
$3.52B
| $7.2M | 0.01% |
101,304
-2,524
| -2% | -$179K |
|
|
MDLA
1132
DELISTED
Medallia, Inc.
MDLA
| $7.18M | 0.01% |
211,896
+5,759
| +3% | +$195K |
|
1133
GATX Corp
GATX
$5.97B
| $7.17M | 0.01% |
80,103
+1,643
| +2% | +$147K |
|
1134
Madison Square Garden
MSGS
$4.71B
| $7.17M | 0.01% |
38,571
-607
| -2% | -$113K |
|
1135
EnerSys
ENS
$3.89B
| $7.14M | 0.01% |
95,968
+904
| +1% | +$67.3K |
|
1136
Unifirst Corp
UNF
$3.3B
| $7.13M | 0.01% |
33,544
-445
| -1% | -$94.6K |
|
|
DCT
1137
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $7.12M | 0.01% |
160,872
-2,247
| -1% | -$99.4K |
|
1138
CareDx
CDNA
$736M
| $7.1M | 0.01% |
111,991
-1,498
| -1% | -$94.9K |
|
|
MZTI
1139
The Marzetti Company Common Stock
MZTI
$5.08B
| $7.09M | 0.01% |
41,972
+245
| +0.6% | +$41.4K |
|
1140
WD-40
WDFC
$2.95B
| $7.06M | 0.01% |
30,515
+335
| +1% | +$77.6K |
|
1141
Texas Capital Bancshares
TCBI
$3.96B
| $7.04M | 0.01% |
117,354
-1,640
| -1% | -$98.4K |
|
1142
Brink's
BCO
$4.78B
| $6.99M | 0.01% |
110,435
+654
| +0.6% | +$41.4K |
|
1143
Spire
SR
$4.46B
| $6.97M | 0.01% |
113,873
+581
| +0.5% | +$35.5K |
|
1144
Xerox
XRX
$493M
| $6.94M | 0.01% |
344,024
-16,901
| -5% | -$341K |
|
1145
CNO Financial Group
CNO
$3.85B
| $6.93M | 0.01% |
294,501
-10,937
| -4% | -$257K |
|
1146
LiveRamp
RAMP
$1.86B
| $6.91M | 0.01% |
146,352
| – | – |
|
1147
Allete
ALE
$3.69B
| $6.87M | 0.01% |
115,460
-1,746
| -1% | -$104K |
|
1148
3D Systems Corporation
DDD
$272M
| $6.8M | 0.01% |
246,631
-181
| -0.1% | -$4.99K |
|
1149
Verint Systems
VRNT
$1.23B
| $6.78M | 0.01% |
151,455
-4,125
| -3% | -$185K |
|
|
EQC
1150
DELISTED
Equity Commonwealth
EQC
| $6.78M | 0.01% |
261,014
-4,087
| -2% | -$106K |
|