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 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
PagerDuty
PD
$1.52B
| $3.57M | ﹤0.01% |
144,248
| – | – |
|
1127
Carvana
CVNA
$51.2B
| $3.47M | ﹤0.01% |
153,651
+13,630
| +10% | +$308K |
|
|
GAP
1128
The Gap, Inc.
GAP
$8.81B
| $3.46M | ﹤0.01% |
419,332
| – | – |
|
1129
Beam Therapeutics
BEAM
$1.87B
| $3.43M | ﹤0.01% |
88,557
-10,003
| -10% | -$387K |
|
1130
Fate Therapeutics
FATE
$113M
| $3.43M | ﹤0.01% |
138,348
| – | – |
|
1131
nCino
NCNO
$3.53B
| $3.38M | ﹤0.01% |
109,294
-6,474
| -6% | -$200K |
|
1132
Asbury Automotive
ABG
$5.08B
| $3.35M | ﹤0.01% |
19,762
+2,315
| +13% | +$392K |
|
1133
Cannae Holdings
CNNE
$1.09B
| $3.35M | ﹤0.01% |
172,948
+510
| +0.3% | +$9.86K |
|
1134
Signet Jewelers
SIG
$3.72B
| $3.27M | ﹤0.01% |
61,103
+9,670
| +19% | +$517K |
|
1135
Altice USA
ATUS
$1.1B
| $3.25M | ﹤0.01% |
351,603
-28,842
| -8% | -$267K |
|
1136
PagSeguro Digital
PAGS
$2.71B
| $3.23M | ﹤0.01% |
315,868
-24,631
| -7% | -$252K |
|
1137
Goodyear
GT
$2.4B
| $3.14M | ﹤0.01% |
293,192
+7,180
| +3% | +$76.9K |
|
1138
American Eagle Outfitters
AEO
$3.2B
| $3.13M | ﹤0.01% |
280,292
-27,910
| -9% | -$312K |
|
1139
Atkore
ATKR
$1.93B
| $3.11M | ﹤0.01% |
37,420
+10,084
| +37% | +$837K |
|
1140
Matsons
MATX
$3.31B
| $3.08M | ﹤0.01% |
42,287
+8,046
| +23% | +$586K |
|
1141
Old National Bancorp
ONB
$9.01B
| $3.07M | ﹤0.01% |
207,600
+8,641
| +4% | +$128K |
|
1142
Jackson Financial
JXN
$6.84B
| $3.07M | ﹤0.01% |
114,585
+11,586
| +11% | +$310K |
|
1143
Broadstone Net Lease
BNL
$3.48B
| $3.04M | ﹤0.01% |
148,416
-6,196
| -4% | -$127K |
|
1144
Twist Bioscience
TWST
$1.55B
| $3.04M | ﹤0.01% |
87,008
-9,353
| -10% | -$327K |
|
1145
Iovance Biotherapeutics
IOVA
$792M
| $3M | ﹤0.01% |
271,534
-19,585
| -7% | -$216K |
|
1146
Canadian Solar
CSIQ
$650M
| $2.98M | ﹤0.01% |
95,777
+3,272
| +4% | +$102K |
|
1147
Kratos Defense & Security Solutions
KTOS
$10.6B
| $2.97M | ﹤0.01% |
214,031
| – | – |
|
1148
StoneCo
STNE
$4.44B
| $2.96M | ﹤0.01% |
383,836
+13,069
| +4% | +$101K |
|
1149
Appian
APPN
$2.21B
| $2.93M | ﹤0.01% |
61,898
-7,341
| -11% | -$348K |
|
1150
Weibo
WB
$2.82B
| $2.92M | ﹤0.01% |
126,037
+5,451
| +5% | +$126K |
|