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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
JWN
1126
DELISTED
Nordstrom
JWN
| $5.11M | ﹤0.01% |
188,374
-34,179
| -15% | -$927K |
|
1127
Murphy Oil
MUR
$3.56B
| $5.1M | ﹤0.01% |
+126,333
| New | +$5.1M |
|
1128
Glaukos
GKOS
$5.39B
| $5.09M | ﹤0.01% |
88,002
| – | – |
|
1129
Zai Lab
ZLAB
$3.42B
| $5.09M | ﹤0.01% |
115,616
-6,265
| -5% | -$276K |
|
1130
Insmed
INSM
$30.7B
| $5.07M | ﹤0.01% |
215,907
-25,174
| -10% | -$592K |
|
1131
Kite Realty
KRG
$5.11B
| $4.97M | ﹤0.01% |
+218,162
| New | +$4.97M |
|
|
DNB
1132
DELISTED
Dun & Bradstreet
DNB
| $4.95M | ﹤0.01% |
282,588
-41,691
| -13% | -$730K |
|
1133
PagerDuty
PD
$1.54B
| $4.93M | ﹤0.01% |
144,248
-12,598
| -8% | -$431K |
|
1134
Meritage Homes
MTH
$5.89B
| $4.92M | ﹤0.01% |
124,276
+8,442
| +7% | +$334K |
|
1135
UiPath
PATH
$6.15B
| $4.89M | ﹤0.01% |
+226,386
| New | +$4.89M |
|
|
NVRO
1136
DELISTED
NEVRO CORP.
NVRO
| $4.86M | ﹤0.01% |
67,158
| – | – |
|
1137
Iovance Biotherapeutics
IOVA
$901M
| $4.85M | ﹤0.01% |
291,119
-4,296
| -1% | -$71.5K |
|
1138
TripAdvisor
TRIP
$2.05B
| $4.77M | ﹤0.01% |
175,872
-20,099
| -10% | -$545K |
|
1139
Twist Bioscience
TWST
$1.55B
| $4.76M | ﹤0.01% |
96,361
+1,618
| +2% | +$79.9K |
|
1140
Altice USA
ATUS
$1.05B
| $4.75M | ﹤0.01% |
380,445
-62,704
| -14% | -$783K |
|
1141
nCino
NCNO
$3.52B
| $4.74M | ﹤0.01% |
115,768
+7,466
| +7% | +$306K |
|
|
AZEK
1142
DELISTED
The AZEK Co
AZEK
| $4.73M | ﹤0.01% |
190,332
-15,638
| -8% | -$388K |
|
1143
Upwork
UPWK
$2.15B
| $4.7M | ﹤0.01% |
202,044
-41,697
| -17% | -$969K |
|
|
DQ
1144
Daqo New Energy
DQ
$1.96B
| $4.62M | ﹤0.01% |
111,745
-7,604
| -6% | -$314K |
|
1145
Fiverr
FVRR
$875M
| $4.58M | ﹤0.01% |
60,222
| – | – |
|
1146
Jackson Financial
JXN
$6.65B
| $4.56M | ﹤0.01% |
102,999
+12,305
| +14% | +$544K |
|
1147
3D Systems Corporation
DDD
$272M
| $4.42M | ﹤0.01% |
264,974
+1,689
| +0.6% | +$28.2K |
|
1148
Kratos Defense & Security Solutions
KTOS
$10.9B
| $4.38M | ﹤0.01% |
214,031
| – | – |
|
1149
StoneCo
STNE
$4.63B
| $4.34M | ﹤0.01% |
370,767
-36,146
| -9% | -$423K |
|
1150
Independence Realty Trust
IRT
$4.22B
| $4.31M | ﹤0.01% |
+162,865
| New | +$4.31M |
|