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 | |
|---|---|---|---|---|---|---|
|
DCP
1451
DELISTED
DCP Midstream, LP
DCP
| $5M | ﹤0.01% |
204,224
-18,659
| -8% | -$457K |
|
1452
Axos Financial
AX
$5.17B
| $5M | ﹤0.01% |
165,032
+14,190
| +9% | +$430K |
|
|
MAXR
1453
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $4.99M | ﹤0.01% |
318,542
+307,493
| +2,783% | +$4.82M |
|
1454
Jack in the Box
JACK
$350M
| $4.99M | ﹤0.01% |
63,965
-1,587
| -2% | -$124K |
|
1455
Aaon
AAON
$6.7B
| $4.99M | ﹤0.01% |
151,464
-5,705
| -4% | -$188K |
|
1456
Trustmark
TRMK
$2.43B
| $4.99M | ﹤0.01% |
144,576
-17,695
| -11% | -$611K |
|
|
WDR
1457
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $4.99M | ﹤0.01% |
298,260
+86,380
| +41% | +$1.44M |
|
|
MDRX
1458
DELISTED
Veradigm Inc. Common Stock
MDRX
| $4.98M | ﹤0.01% |
507,622
+186,124
| +58% | +$1.83M |
|
1459
Materion
MTRN
$2.31B
| $4.98M | ﹤0.01% |
83,774
+35,406
| +73% | +$2.1M |
|
1460
Nu Skin
NUS
$596M
| $4.97M | ﹤0.01% |
121,169
+16,495
| +16% | +$676K |
|
1461
Gibraltar Industries
ROCK
$1.78B
| $4.96M | ﹤0.01% |
98,304
+18,126
| +23% | +$914K |
|
1462
Stoneridge
SRI
$228M
| $4.96M | ﹤0.01% |
169,070
+75,589
| +81% | +$2.22M |
|
1463
Cushman & Wakefield
CWK
$3.85B
| $4.95M | ﹤0.01% |
242,117
+30,181
| +14% | +$617K |
|
1464
Casella Waste Systems
CWST
$5.79B
| $4.94M | ﹤0.01% |
107,322
-33,228
| -24% | -$1.53M |
|
1465
DiamondRock Hospitality
DRH
$1.71B
| $4.93M | ﹤0.01% |
445,259
-65,104
| -13% | -$721K |
|
1466
Myriad Genetics
MYGN
$674M
| $4.93M | ﹤0.01% |
181,146
+10,561
| +6% | +$288K |
|
1467
HUB Group
HUBG
$2.2B
| $4.9M | ﹤0.01% |
191,160
+31,970
| +20% | +$820K |
|
1468
Chesapeake Utilities
CPK
$2.95B
| $4.9M | ﹤0.01% |
51,088
+16,446
| +47% | +$1.58M |
|
1469
United Parks & Resorts
PRKS
$2.79B
| $4.89M | ﹤0.01% |
154,340
+33,988
| +28% | +$1.08M |
|
1470
Genworth Financial
GNW
$3.61B
| $4.88M | ﹤0.01% |
1,109,936
+172,123
| +18% | +$757K |
|
1471
Sally Beauty Holdings
SBH
$1.48B
| $4.88M | ﹤0.01% |
267,587
+10,678
| +4% | +$195K |
|
1472
EchoStar
SATS
$21.5B
| $4.87M | ﹤0.01% |
112,451
+11,389
| +11% | +$493K |
|
|
LMNX
1473
DELISTED
Luminex Corp
LMNX
| $4.87M | ﹤0.01% |
210,132
+132,358
| +170% | +$3.07M |
|
1474
Liberty Latin America Class C
LILAK
$1.53B
| $4.86M | ﹤0.01% |
265,416
+41,477
| +19% | +$760K |
|
1475
Preferred Bank
PFBC
$1.16B
| $4.85M | ﹤0.01% |
80,762
+42,583
| +112% | +$2.56M |
|