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 | |
|---|---|---|---|---|---|---|
|
SUM
1151
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $7.68M | 0.01% |
326,927
+90,979
| +39% | +$2.14M |
|
1152
ICU Medical
ICUI
$3.22B
| $7.66M | 0.01% |
40,932
+2,023
| +5% | +$379K |
|
1153
Teradata
TDC
$2B
| $7.66M | 0.01% |
286,060
-47,260
| -14% | -$1.27M |
|
1154
Pacira BioSciences
PCRX
$1.22B
| $7.65M | 0.01% |
168,778
+84,873
| +101% | +$3.84M |
|
1155
Guardant Health
GH
$6.85B
| $7.64M | 0.01% |
97,703
+19,128
| +24% | +$1.49M |
|
|
WORK
1156
DELISTED
Slack Technologies, Inc.
WORK
| $7.63M | 0.01% |
339,189
+92,176
| +37% | +$2.07M |
|
|
BHVN
1157
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $7.62M | 0.01% |
139,993
+76,265
| +120% | +$4.15M |
|
1158
Apple Hospitality REIT
APLE
$2.98B
| $7.62M | 0.01% |
468,841
-72,355
| -13% | -$1.18M |
|
1159
Valmont Industries
VMI
$7.37B
| $7.61M | 0.01% |
50,801
-1,935
| -4% | -$290K |
|
1160
WESCO International
WCC
$10.4B
| $7.59M | 0.01% |
127,837
+11,568
| +10% | +$687K |
|
1161
Nektar Therapeutics
NKTR
$926M
| $7.59M | 0.01% |
23,427
+4,667
| +25% | +$1.51M |
|
1162
TripAdvisor
TRIP
$2.06B
| $7.58M | 0.01% |
249,474
+24,396
| +11% | +$741K |
|
1163
FibroGen
FGEN
$48.6M
| $7.57M | 0.01% |
7,056
+1,300
| +23% | +$1.39M |
|
1164
KB Home
KBH
$4.48B
| $7.55M | 0.01% |
220,263
+9,233
| +4% | +$316K |
|
1165
Alkermes
ALKS
$4.45B
| $7.55M | 0.01% |
369,927
+28,756
| +8% | +$587K |
|
|
FMBI
1166
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $7.55M | 0.01% |
327,293
+43,390
| +15% | +$1M |
|
1167
Photronics
PLAB
$1.33B
| $7.53M | 0.01% |
477,859
-59,934
| -11% | -$945K |
|
1168
eHealth
EHTH
$122M
| $7.52M | 0.01% |
78,222
+21,127
| +37% | +$2.03M |
|
|
UCB
1169
United Community Banks, Inc.
UCB
$3.94B
| $7.52M | 0.01% |
243,400
+25,405
| +12% | +$784K |
|
1170
Ascendis Pharma
ASND
$11.8B
| $7.49M | 0.01% |
53,800
+10,700
| +25% | +$1.49M |
|
1171
Unifirst Corp
UNF
$3.18B
| $7.47M | 0.01% |
36,993
-5,098
| -12% | -$1.03M |
|
1172
Horace Mann Educators
HMN
$1.94B
| $7.45M | 0.01% |
170,695
+65,566
| +62% | +$2.86M |
|
1173
Ollie's Bargain Outlet
OLLI
$8.06B
| $7.45M | 0.01% |
114,000
+14,000
| +14% | +$914K |
|
1174
Deluxe
DLX
$881M
| $7.44M | 0.01% |
149,101
+25,346
| +20% | +$1.27M |
|
1175
Enovis
ENOV
$1.81B
| $7.44M | 0.01% |
118,872
+15,695
| +15% | +$983K |
|