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 | |
|---|---|---|---|---|---|---|
1626
Century Communities
CCS
$1.99B
| $2.81M | ﹤0.01% |
66,262
+1,546
| +2% | +$65.4K |
|
1627
Adeia
ADEA
$1.7B
| $2.8M | ﹤0.01% |
921,779
-3,380
| -0.4% | -$10.3K |
|
1628
Astec Industries
ASTE
$1.09B
| $2.8M | ﹤0.01% |
51,590
+1,528
| +3% | +$82.9K |
|
|
AAT
1629
American Assets Trust
AAT
$1.26B
| $2.8M | ﹤0.01% |
116,041
+3,930
| +4% | +$94.7K |
|
1630
Compass Diversified
CODI
$528M
| $2.79M | ﹤0.01% |
146,381
+13,934
| +11% | +$266K |
|
1631
Revolution Medicines
RVMD
$8.64B
| $2.79M | ﹤0.01% |
80,100
+47,655
| +147% | +$1.66M |
|
1632
Capitol Federal Financial
CFFN
$840M
| $2.78M | ﹤0.01% |
300,149
+7,000
| +2% | +$64.9K |
|
|
MODN
1633
DELISTED
MODEL N, INC.
MODN
| $2.78M | ﹤0.01% |
78,821
+1,900
| +2% | +$67K |
|
|
NARI
1634
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $2.78M | ﹤0.01% |
+40,215
| New | +$2.78M |
|
|
ROIC
1635
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.77M | ﹤0.01% |
266,332
+4,292
| +2% | +$44.7K |
|
1636
Sonos
SONO
$1.88B
| $2.77M | ﹤0.01% |
182,396
+6,700
| +4% | +$102K |
|
|
KRTX
1637
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $2.76M | ﹤0.01% |
35,728
+1,400
| +4% | +$108K |
|
1638
Endava
DAVA
$513M
| $2.76M | ﹤0.01% |
43,706
+1,000
| +2% | +$63.1K |
|
1639
Cushman & Wakefield
CWK
$3.85B
| $2.75M | ﹤0.01% |
261,661
+9,687
| +4% | +$102K |
|
|
LTHM
1640
DELISTED
Livent Corporation
LTHM
| $2.74M | ﹤0.01% |
305,700
+8,800
| +3% | +$78.9K |
|
1641
Cheesecake Factory
CAKE
$2.8B
| $2.73M | ﹤0.01% |
98,517
+2,954
| +3% | +$81.9K |
|
1642
EchoStar
SATS
$20.7B
| $2.73M | ﹤0.01% |
109,770
+2,900
| +3% | +$72.2K |
|
1643
Arbor Realty Trust
ABR
$2.24B
| $2.73M | ﹤0.01% |
238,142
+10,000
| +4% | +$115K |
|
1644
Addus HomeCare
ADUS
$2.01B
| $2.72M | ﹤0.01% |
28,800
-2,485
| -8% | -$235K |
|
1645
First Bancorp
FBP
$3.47B
| $2.72M | ﹤0.01% |
520,871
+35,786
| +7% | +$187K |
|
1646
Super Micro Computer
SMCI
$27B
| $2.72M | ﹤0.01% |
1,029,600
+7,130
| +0.7% | +$18.8K |
|
1647
Urban Edge Properties
UE
$2.6B
| $2.72M | ﹤0.01% |
279,610
+13,174
| +5% | +$128K |
|
1648
TTM Technologies
TTMI
$5.1B
| $2.7M | ﹤0.01% |
236,858
+9,094
| +4% | +$104K |
|
1649
Repay Holdings
RPAY
$487M
| $2.69M | ﹤0.01% |
114,402
+33,395
| +41% | +$785K |
|
1650
CBIZ
CBZ
$2.93B
| $2.68M | ﹤0.01% |
117,315
+3,200
| +3% | +$73.2K |
|