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 | |
|---|---|---|---|---|---|---|
1326
Moelis & Co
MC
$5.51B
| $3.06M | ﹤0.01% |
109,012
+1,765
| +2% | +$49.6K |
|
|
KEM
1327
DELISTED
KEMET Corporation
KEM
| $3.06M | ﹤0.01% |
126,726
-98,691
| -44% | -$2.38M |
|
1328
Pacira BioSciences
PCRX
$1.19B
| $3.06M | ﹤0.01% |
91,249
-77,529
| -46% | -$2.6M |
|
1329
Appian
APPN
$2.29B
| $3.05M | ﹤0.01% |
75,804
+6,839
| +10% | +$275K |
|
|
AY
1330
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.05M | ﹤0.01% |
136,776
-69,512
| -34% | -$1.55M |
|
1331
Chesapeake Utilities
CPK
$2.89B
| $3.05M | ﹤0.01% |
35,567
-15,521
| -30% | -$1.33M |
|
1332
Dick's Sporting Goods
DKS
$20B
| $3.05M | ﹤0.01% |
143,381
-61,330
| -30% | -$1.3M |
|
1333
BOK Financial
BOKF
$6.94B
| $3.04M | ﹤0.01% |
71,531
-4,500
| -6% | -$191K |
|
1334
Mueller Industries
MLI
$10.9B
| $3.04M | ﹤0.01% |
254,326
-86,660
| -25% | -$1.04M |
|
1335
Kulicke & Soffa
KLIC
$2.15B
| $3.03M | ﹤0.01% |
145,361
-85,323
| -37% | -$1.78M |
|
1336
Comfort Systems
FIX
$27.4B
| $3.03M | ﹤0.01% |
82,905
-3,892
| -4% | -$142K |
|
1337
RLJ Lodging Trust
RLJ
$1.14B
| $3.03M | ﹤0.01% |
391,980
-181,120
| -32% | -$1.4M |
|
1338
Hilton Grand Vacations
HGV
$4B
| $3.02M | ﹤0.01% |
191,772
-79,432
| -29% | -$1.25M |
|
|
STAY
1339
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $3.02M | ﹤0.01% |
413,343
-127,643
| -24% | -$933K |
|
|
BHVN
1340
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $3.02M | ﹤0.01% |
88,728
-51,265
| -37% | -$1.74M |
|
1341
Silicon Motion
SIMO
$3.07B
| $3.01M | ﹤0.01% |
82,141
+2,213
| +3% | +$81.1K |
|
1342
Skywest
SKYW
$4.2B
| $3.01M | ﹤0.01% |
114,871
-137,594
| -55% | -$3.6M |
|
|
SAGE
1343
DELISTED
Sage Therapeutics
SAGE
| $3.01M | ﹤0.01% |
104,700
-7,604
| -7% | -$218K |
|
1344
Meritage Homes
MTH
$5.43B
| $3.01M | ﹤0.01% |
164,678
-8,112
| -5% | -$148K |
|
1345
Fate Therapeutics
FATE
$109M
| $3M | ﹤0.01% |
135,146
+11,211
| +9% | +$249K |
|
|
VRE
1346
Veris Residential
VRE
$1.44B
| $3M | ﹤0.01% |
197,111
+2,300
| +1% | +$35K |
|
1347
Empire State Realty Trust
ESRT
$1.31B
| $3M | ﹤0.01% |
334,510
-11,700
| -3% | -$105K |
|
|
WWE
1348
DELISTED
World Wrestling Entertainment
WWE
| $2.99M | ﹤0.01% |
88,118
-7,100
| -7% | -$241K |
|
1349
MillerKnoll
MLKN
$1.38B
| $2.99M | ﹤0.01% |
134,648
-34,191
| -20% | -$759K |
|
1350
ProAssurance
PRA
$1.22B
| $2.99M | ﹤0.01% |
119,534
+1,800
| +2% | +$45K |
|