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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Avista
AVA
$2.92B
| $5.34M | ﹤0.01% |
156,447
+5,760
| +4% | +$197K |
|
1202
Stepan Co
SCL
$1.11B
| $5.32M | ﹤0.01% |
48,799
+1,113
| +2% | +$121K |
|
1203
Home BancShares
HOMB
$5.74B
| $5.3M | ﹤0.01% |
349,441
+5,897
| +2% | +$89.4K |
|
|
TWOU
1204
DELISTED
2U, Inc.
TWOU
| $5.29M | ﹤0.01% |
5,206
+996
| +24% | +$1.01M |
|
1205
FNB Corp
FNB
$5.84B
| $5.27M | ﹤0.01% |
777,080
+35,314
| +5% | +$239K |
|
|
GRA
1206
DELISTED
W.R. Grace & Co.
GRA
| $5.26M | ﹤0.01% |
130,550
+4,020
| +3% | +$162K |
|
1207
Fabrinet
FN
$12.8B
| $5.24M | ﹤0.01% |
83,122
+1,441
| +2% | +$90.8K |
|
1208
WESCO International
WCC
$10.4B
| $5.23M | ﹤0.01% |
118,848
+7,968
| +7% | +$351K |
|
1209
Treehouse Foods
THS
$863M
| $5.2M | ﹤0.01% |
128,309
+3,153
| +3% | +$128K |
|
1210
Element Solutions
ESI
$6.37B
| $5.2M | ﹤0.01% |
494,297
-8,897
| -2% | -$93.5K |
|
1211
American Eagle Outfitters
AEO
$3.44B
| $5.19M | ﹤0.01% |
350,177
+10,607
| +3% | +$157K |
|
1212
Palomar
PLMR
$3.08B
| $5.18M | ﹤0.01% |
49,677
+3,460
| +7% | +$361K |
|
|
JOBS
1213
DELISTED
51job, Inc.
JOBS
| $5.18M | ﹤0.01% |
66,369
+1,154
| +2% | +$90K |
|
1214
EXL Service
EXLS
$6.88B
| $5.17M | ﹤0.01% |
392,080
+13,475
| +4% | +$178K |
|
1215
MGE Energy Inc
MGEE
$3.05B
| $5.17M | ﹤0.01% |
82,523
+5,223
| +7% | +$327K |
|
1216
Alcoa
AA
$8.51B
| $5.16M | ﹤0.01% |
443,347
+16,327
| +4% | +$190K |
|
|
MOMO
1217
Hello Group
MOMO
$1.23B
| $5.13M | ﹤0.01% |
372,863
+8,680
| +2% | +$119K |
|
1218
Howard Hughes
HHH
$4.88B
| $5.12M | ﹤0.01% |
93,251
+2,203
| +2% | +$121K |
|
1219
Denali Therapeutics
DNLI
$1.91B
| $5.12M | ﹤0.01% |
142,772
+3,600
| +3% | +$129K |
|
|
CLDR
1220
DELISTED
Cloudera, Inc.
CLDR
| $5.09M | ﹤0.01% |
466,982
+11,300
| +2% | +$123K |
|
1221
LendingTree
TREE
$1.03B
| $5.06M | ﹤0.01% |
16,500
+400
| +2% | +$123K |
|
1222
Ryder
R
$7.53B
| $5.06M | ﹤0.01% |
119,788
+1,901
| +2% | +$80.3K |
|
|
ADSW
1223
DELISTED
Advanced Disposal Services, Inc.
ADSW
| $5.06M | ﹤0.01% |
167,358
+2,958
| +2% | +$89.4K |
|
1224
Clearway Energy Class C
CWEN
$3.29B
| $5.06M | ﹤0.01% |
187,629
+6,800
| +4% | +$183K |
|
1225
Ovintiv
OVV
$10.8B
| $5.06M | ﹤0.01% |
619,702
+22,936
| +4% | +$187K |
|