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 | |
|---|---|---|---|---|---|---|
1601
AeroVironment
AVAV
$12.5B
| $2.94M | ﹤0.01% |
49,021
+1,200
| +3% | +$72K |
|
1602
Heron Therapeutics
HRTX
$190M
| $2.94M | ﹤0.01% |
198,542
+4,700
| +2% | +$69.6K |
|
|
FMBI
1603
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $2.94M | ﹤0.01% |
272,950
+18,058
| +7% | +$195K |
|
|
CORE
1604
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.94M | ﹤0.01% |
101,614
+2,900
| +3% | +$83.9K |
|
1605
Piper Sandler
PIPR
$6.19B
| $2.94M | ﹤0.01% |
40,231
+752
| +2% | +$54.9K |
|
|
DOYU
1606
DouYu International Holdings
DOYU
$232M
| $2.93M | ﹤0.01% |
22,168
+854
| +4% | +$113K |
|
1607
Verra Mobility
VRRM
$3.89B
| $2.93M | ﹤0.01% |
303,128
+4,076
| +1% | +$39.4K |
|
|
PDCE
1608
DELISTED
PDC Energy, Inc.
PDCE
| $2.92M | ﹤0.01% |
235,842
+8,413
| +4% | +$104K |
|
1609
Adtalem Global Education
ATGE
$4.87B
| $2.92M | ﹤0.01% |
118,851
+2,455
| +2% | +$60.3K |
|
1610
Sphere Entertainment
SPHR
$2.17B
| $2.91M | ﹤0.01% |
42,427
+1,000
| +2% | +$68.5K |
|
1611
Encore Capital Group
ECPG
$1.03B
| $2.91M | ﹤0.01% |
75,270
+3,441
| +5% | +$133K |
|
|
AZEK
1612
DELISTED
The AZEK Co
AZEK
| $2.9M | ﹤0.01% |
+83,248
| New | +$2.9M |
|
|
BRMK
1613
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $2.89M | ﹤0.01% |
292,858
+8,200
| +3% | +$80.9K |
|
1614
Kadant
KAI
$3.7B
| $2.88M | ﹤0.01% |
26,296
+803
| +3% | +$88K |
|
|
MFA
1615
MFA Financial
MFA
$1.04B
| $2.87M | ﹤0.01% |
267,506
+8,872
| +3% | +$95.1K |
|
1616
Pediatrix Medical
MD
$1.44B
| $2.87M | ﹤0.01% |
176,034
-15,586
| -8% | -$254K |
|
1617
First Merchants
FRME
$2.29B
| $2.86M | ﹤0.01% |
123,462
+3,993
| +3% | +$92.5K |
|
|
VVNT
1618
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $2.85M | ﹤0.01% |
166,793
+12,415
| +8% | +$212K |
|
|
CXP
1619
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $2.85M | ﹤0.01% |
260,863
+7,300
| +3% | +$79.6K |
|
1620
Renasant Corp
RNST
$3.64B
| $2.83M | ﹤0.01% |
124,341
+2,370
| +2% | +$53.8K |
|
|
SWCH
1621
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $2.82M | ﹤0.01% |
180,902
+4,100
| +2% | +$64K |
|
1622
Gray Television
GTN
$570M
| $2.82M | ﹤0.01% |
204,931
+1,322
| +0.6% | +$18.2K |
|
1623
Immunovant
IMVT
$2.71B
| $2.82M | ﹤0.01% |
80,178
+37,857
| +89% | +$1.33M |
|
1624
Fluor
FLR
$6.71B
| $2.81M | ﹤0.01% |
319,410
+7,700
| +2% | +$67.8K |
|
1625
First Financial Bancorp
FFBC
$2.42B
| $2.81M | ﹤0.01% |
234,087
+9,207
| +4% | +$111K |
|