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 | |
|---|---|---|---|---|---|---|
1426
Invesco Mortgage Capital
IVR
$502M
| $5.21M | ﹤0.01% |
31,276
+2,750
| +10% | +$458K |
|
|
CXP
1427
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $5.21M | ﹤0.01% |
248,963
+25,177
| +11% | +$526K |
|
|
ZGNX
1428
DELISTED
Zogenix, Inc.
ZGNX
| $5.21M | ﹤0.01% |
99,868
+19,368
| +24% | +$1.01M |
|
1429
LendingTree
TREE
$978M
| $5.2M | ﹤0.01% |
17,141
+771
| +5% | +$234K |
|
1430
Coca-Cola Consolidated
COKE
$10.6B
| $5.19M | ﹤0.01% |
182,670
+61,680
| +51% | +$1.75M |
|
1431
BlackLine
BL
$3.36B
| $5.18M | ﹤0.01% |
100,391
+11,570
| +13% | +$597K |
|
1432
Urban Edge Properties
UE
$2.66B
| $5.17M | ﹤0.01% |
269,629
+31,627
| +13% | +$607K |
|
|
NXGN
1433
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $5.16M | ﹤0.01% |
321,044
+176,924
| +123% | +$2.84M |
|
1434
Envista
NVST
$3.49B
| $5.15M | ﹤0.01% |
+173,687
| New | +$5.15M |
|
1435
DigitalBridge
DBRG
$2.2B
| $5.13M | ﹤0.01% |
270,123
+44,480
| +20% | +$845K |
|
|
DOOR
1436
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $5.12M | ﹤0.01% |
70,910
+22,104
| +45% | +$1.6M |
|
1437
Laureate Education
LAUR
$4.33B
| $5.11M | ﹤0.01% |
290,248
+110,450
| +61% | +$1.94M |
|
|
TWNK
1438
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $5.08M | ﹤0.01% |
349,506
+144,328
| +70% | +$2.1M |
|
1439
Avis
CAR
$5.47B
| $5.07M | ﹤0.01% |
157,151
+600
| +0.4% | +$19.3K |
|
1440
OSI Systems
OSIS
$3.95B
| $5.07M | ﹤0.01% |
50,275
+10,679
| +27% | +$1.08M |
|
1441
Axsome Therapeutics
AXSM
$5.91B
| $5.06M | ﹤0.01% |
48,942
+21,808
| +80% | +$2.25M |
|
1442
Northwest Natural Holdings
NWN
$1.73B
| $5.06M | ﹤0.01% |
68,577
+6,272
| +10% | +$462K |
|
1443
Varonis Systems
VRNS
$6.3B
| $5.05M | ﹤0.01% |
195,006
+20,166
| +12% | +$522K |
|
|
BMY.RT
1444
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $5.05M | ﹤0.01% |
+1,677,044
| New | +$5.05M |
|
1445
NETSCOUT
NTCT
$1.8B
| $5.04M | ﹤0.01% |
209,416
-6,300
| -3% | -$152K |
|
1446
Astec Industries
ASTE
$1.06B
| $5.04M | ﹤0.01% |
119,928
-41,955
| -26% | -$1.76M |
|
1447
AZZ Inc
AZZ
$3.52B
| $5.03M | ﹤0.01% |
109,474
+37,932
| +53% | +$1.74M |
|
1448
LivePerson
LPSN
$86M
| $5.03M | ﹤0.01% |
135,860
+1,388
| +1% | +$51.4K |
|
1449
Interparfums
IPAR
$3.43B
| $5.02M | ﹤0.01% |
69,038
+30,109
| +77% | +$2.19M |
|
1450
Kadant
KAI
$3.69B
| $5.02M | ﹤0.01% |
47,636
+23,689
| +99% | +$2.5M |
|