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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Bank of Hawaii
BOH
$2.71B
| $3.1M | ﹤0.01% |
75,143
-15,537
| -17% | -$641K |
|
|
GAP
1152
The Gap, Inc.
GAP
$8.21B
| $3.09M | ﹤0.01% |
345,958
+57,395
| +20% | +$513K |
|
|
DISH
1153
DELISTED
DISH Network Corp.
DISH
| $3.08M | ﹤0.01% |
466,740
| – | – |
|
1154
Semtech
SMTC
$5.04B
| $3.04M | ﹤0.01% |
119,432
| – | – |
|
1155
Mercury Systems
MRCY
$4.05B
| $3.03M | ﹤0.01% |
87,595
| – | – |
|
1156
American Eagle Outfitters
AEO
$2.24B
| $2.96M | ﹤0.01% |
250,555
+21,574
| +9% | +$255K |
|
1157
QuantumScape
QS
$4.49B
| $2.89M | ﹤0.01% |
361,445
| – | – |
|
1158
nCino
NCNO
$3.72B
| $2.88M | ﹤0.01% |
95,580
| – | – |
|
1159
TripAdvisor
TRIP
$2.02B
| $2.84M | ﹤0.01% |
172,456
-15,610
| -8% | -$257K |
|
1160
Q2 Holdings
QTWO
$4.92B
| $2.82M | ﹤0.01% |
91,165
-6,623
| -7% | -$205K |
|
1161
Merit Medical Systems
MMSI
$5.36B
| $2.81M | ﹤0.01% |
33,589
+15,555
| +86% | +$1.3M |
|
1162
Herbalife
HLF
$1.01B
| $2.8M | ﹤0.01% |
211,251
-832
| -0.4% | -$11K |
|
1163
Walker & Dunlop
WD
$2.9B
| $2.73M | ﹤0.01% |
34,550
+557
| +2% | +$44.1K |
|
1164
MINISO
MNSO
$7.59B
| $2.73M | ﹤0.01% |
160,478
-4,105
| -2% | -$69.7K |
|
1165
Victoria's Secret
VSCO
$1.84B
| $2.72M | ﹤0.01% |
155,793
-2,658
| -2% | -$46.3K |
|
1166
Phillips Edison & Co
PECO
$4.42B
| $2.69M | ﹤0.01% |
79,050
+5,208
| +7% | +$177K |
|
1167
Hanesbrands
HBI
$2.23B
| $2.63M | ﹤0.01% |
578,697
-18,204
| -3% | -$82.6K |
|
1168
Herc Holdings
HRI
$4.35B
| $2.59M | ﹤0.01% |
18,929
+5,832
| +45% | +$798K |
|
1169
Independent Bank
INDB
$3.57B
| $2.54M | ﹤0.01% |
57,041
-930
| -2% | -$41.4K |
|
1170
Embecta
EMBC
$847M
| $2.53M | ﹤0.01% |
117,133
| – | – |
|
1171
Sonos
SONO
$1.68B
| $2.53M | ﹤0.01% |
154,797
-69,779
| -31% | -$1.14M |
|
|
MRTX
1172
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $2.51M | ﹤0.01% |
69,454
| – | – |
|
|
MOMO
1173
Hello Group
MOMO
$1.33B
| $2.47M | ﹤0.01% |
256,988
-16,606
| -6% | -$160K |
|
|
SAVE
1174
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.37M | ﹤0.01% |
138,094
-19,582
| -12% | -$336K |
|
1175
Tandem Diabetes Care
TNDM
$845M
| $2.24M | ﹤0.01% |
91,206
| – | – |
|