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 | |
|---|---|---|---|---|---|---|
1176
Pebblebrook Hotel Trust
PEB
$1.38B
| $7.43M | 0.01% |
277,057
+32,713
| +13% | +$877K |
|
1177
Vishay Intertechnology
VSH
$2.07B
| $7.4M | 0.01% |
347,611
-70,640
| -17% | -$1.5M |
|
1178
First Bancorp
FBP
$3.49B
| $7.39M | 0.01% |
698,199
-7,282
| -1% | -$77.1K |
|
|
MIC
1179
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.39M | 0.01% |
172,594
+19,733
| +13% | +$845K |
|
1180
Pegasystems
PEGA
$9.93B
| $7.39M | 0.01% |
185,592
+18,808
| +11% | +$749K |
|
1181
Floor & Decor
FND
$9.55B
| $7.38M | 0.01% |
145,300
+5,629
| +4% | +$286K |
|
1182
Silgan Holdings
SLGN
$4.71B
| $7.38M | 0.01% |
237,487
+67,317
| +40% | +$2.09M |
|
1183
Synaptics
SYNA
$2.72B
| $7.37M | 0.01% |
112,017
+24,150
| +27% | +$1.59M |
|
1184
Patterson-UTI
PTEN
$2.13B
| $7.36M | 0.01% |
700,867
+315,908
| +82% | +$3.32M |
|
1185
Lithia Motors
LAD
$8.56B
| $7.35M | 0.01% |
50,020
+3,615
| +8% | +$531K |
|
1186
Azenta
AZTA
$1.36B
| $7.34M | 0.01% |
174,870
+14,534
| +9% | +$610K |
|
|
QVCGA
1187
QVC Group, Inc. Series A Common Stock
QVCGA
$92M
| $7.33M | 0.01% |
17,921
-1,837
| -9% | -$752K |
|
1188
Papa John's
PZZA
$1.65B
| $7.33M | 0.01% |
116,096
+59,317
| +104% | +$3.75M |
|
1189
Stepan Co
SCL
$1.09B
| $7.33M | 0.01% |
71,556
+22,899
| +47% | +$2.35M |
|
1190
Delek US
DK
$1.68B
| $7.33M | 0.01% |
218,548
+42,655
| +24% | +$1.43M |
|
1191
Amicus Therapeutics
FOLD
$2.46B
| $7.31M | 0.01% |
750,362
+312,250
| +71% | +$3.04M |
|
|
SC
1192
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $7.31M | 0.01% |
312,625
-79,888
| -20% | -$1.87M |
|
1193
Healthcare Services Group
HCSG
$1.16B
| $7.3M | 0.01% |
300,306
+112,793
| +60% | +$2.74M |
|
1194
CarGurus
CARG
$3.58B
| $7.29M | 0.01% |
207,224
+53,402
| +35% | +$1.88M |
|
1195
Diodes
DIOD
$2.44B
| $7.29M | 0.01% |
129,263
+9,149
| +8% | +$516K |
|
1196
Ormat Technologies
ORA
$5.53B
| $7.27M | 0.01% |
97,598
-654
| -0.7% | -$48.7K |
|
1197
Cracker Barrel
CBRL
$1.14B
| $7.25M | 0.01% |
47,169
-9,297
| -16% | -$1.43M |
|
1198
International Bancshares
IBOC
$4.39B
| $7.24M | 0.01% |
168,126
+8,751
| +5% | +$377K |
|
1199
National Vision
EYE
$1.82B
| $7.24M | 0.01% |
223,240
+106,940
| +92% | +$3.47M |
|
1200
Fox Factory Holding Corp
FOXF
$1.14B
| $7.21M | 0.01% |
103,671
+22,588
| +28% | +$1.57M |
|