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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Onto Innovation
ONTO
$5.93B
| $3.18M | ﹤0.01% |
107,206
-2,447
| -2% | -$72.6K |
|
1302
Alarm.com
ALRM
$2.77B
| $3.18M | ﹤0.01% |
81,738
-30,853
| -27% | -$1.2M |
|
1303
InterDigital
IDCC
$8.32B
| $3.17M | ﹤0.01% |
71,014
+500
| +0.7% | +$22.3K |
|
|
TRTN
1304
DELISTED
Triton International Limited
TRTN
| $3.17M | ﹤0.01% |
122,355
-9,914
| -7% | -$256K |
|
1305
CarGurus
CARG
$3.6B
| $3.16M | ﹤0.01% |
166,917
-40,307
| -19% | -$763K |
|
1306
Pebblebrook Hotel Trust
PEB
$1.36B
| $3.15M | ﹤0.01% |
289,657
+12,600
| +5% | +$137K |
|
1307
Belden
BDC
$5.13B
| $3.15M | ﹤0.01% |
87,342
-18,952
| -18% | -$684K |
|
1308
Xencor
XNCR
$619M
| $3.15M | ﹤0.01% |
105,437
-5,116
| -5% | -$153K |
|
1309
Clarivate
CLVT
$2.83B
| $3.15M | ﹤0.01% |
151,775
+18,600
| +14% | +$386K |
|
1310
StoneCo
STNE
$5.04B
| $3.15M | ﹤0.01% |
144,500
-8,500
| -6% | -$185K |
|
1311
Clearway Energy Class C
CWEN
$3.32B
| $3.14M | ﹤0.01% |
167,219
+6,000
| +4% | +$113K |
|
1312
PENN Entertainment
PENN
$2.76B
| $3.14M | ﹤0.01% |
248,442
-243,601
| -50% | -$3.08M |
|
|
CZZ
1313
DELISTED
Cosan Limited
CZZ
| $3.14M | ﹤0.01% |
255,535
-28,573
| -10% | -$351K |
|
1314
CareTrust REIT
CTRE
$7.61B
| $3.14M | ﹤0.01% |
212,442
-11,400
| -5% | -$169K |
|
1315
ServisFirst Bancshares
SFBS
$4.54B
| $3.14M | ﹤0.01% |
107,130
-5,200
| -5% | -$152K |
|
1316
NBT Bancorp
NBTB
$2.22B
| $3.13M | ﹤0.01% |
96,706
-4,641
| -5% | -$150K |
|
1317
Evertec
EVTC
$2.14B
| $3.11M | ﹤0.01% |
136,930
-105,334
| -43% | -$2.39M |
|
1318
Insperity
NSP
$1.96B
| $3.11M | ﹤0.01% |
83,368
-8,000
| -9% | -$298K |
|
1319
Gibraltar Industries
ROCK
$1.77B
| $3.11M | ﹤0.01% |
72,459
-25,845
| -26% | -$1.11M |
|
1320
Goodyear
GT
$2.45B
| $3.08M | ﹤0.01% |
529,201
-57,700
| -10% | -$336K |
|
1321
Ryder
R
$7.66B
| $3.08M | ﹤0.01% |
116,488
+1,800
| +2% | +$47.6K |
|
1322
Zymeworks
ZYME
$1.21B
| $3.08M | ﹤0.01% |
86,806
+10,700
| +14% | +$380K |
|
1323
Korn Ferry
KFY
$3.82B
| $3.08M | ﹤0.01% |
126,562
-13,025
| -9% | -$317K |
|
|
RDFN
1324
DELISTED
Redfin
RDFN
| $3.07M | ﹤0.01% |
199,360
-4,400
| -2% | -$67.8K |
|
1325
Westlake Corp
WLK
$11.2B
| $3.07M | ﹤0.01% |
80,541
-9,200
| -10% | -$351K |
|