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 | |
|---|---|---|---|---|---|---|
|
OCFT
1676
OneConnect Financial Technology
OCFT
$281M
| $2.58M | ﹤0.01% |
12,087
+4,647
| +62% | +$990K |
|
1677
Coca-Cola Consolidated
COKE
$10.6B
| $2.57M | ﹤0.01% |
106,690
+3,000
| +3% | +$72.2K |
|
1678
Goosehead Insurance
GSHD
$2.05B
| $2.57M | ﹤0.01% |
29,625
+700
| +2% | +$60.6K |
|
1679
Helios Technologies
HLIO
$1.8B
| $2.56M | ﹤0.01% |
70,320
+5,399
| +8% | +$197K |
|
1680
Bank of N.T. Butterfield & Son
NTB
$1.89B
| $2.56M | ﹤0.01% |
114,910
-105
| -0.1% | -$2.34K |
|
1681
Lennar Class B
LEN.B
$34B
| $2.56M | ﹤0.01% |
40,994
+2,056
| +5% | +$128K |
|
1682
Health Catalyst
HCAT
$220M
| $2.56M | ﹤0.01% |
69,800
+4,500
| +7% | +$165K |
|
|
MODV
1683
DELISTED
ModivCare
MODV
| $2.55M | ﹤0.01% |
27,486
+700
| +3% | +$65K |
|
1684
Red Rock Resorts
RRR
$3.65B
| $2.55M | ﹤0.01% |
149,204
+3,600
| +2% | +$61.6K |
|
1685
US Physical Therapy
USPH
$1.22B
| $2.55M | ﹤0.01% |
29,347
+402
| +1% | +$34.9K |
|
1686
Sixth Street Specialty
TSLX
$2.32B
| $2.54M | ﹤0.01% |
147,769
+2,700
| +2% | +$46.5K |
|
1687
ICF International
ICFI
$1.83B
| $2.54M | ﹤0.01% |
41,274
+1,000
| +2% | +$61.5K |
|
1688
Towne Bank
TOWN
$2.83B
| $2.54M | ﹤0.01% |
154,880
+4,100
| +3% | +$67.2K |
|
|
CADE
1689
DELISTED
Cadence Bancorporation
CADE
| $2.54M | ﹤0.01% |
295,669
+18,441
| +7% | +$158K |
|
|
GLUU
1690
DELISTED
Glu Mobile Inc.
GLUU
| $2.54M | ﹤0.01% |
330,803
+41,202
| +14% | +$316K |
|
1691
Cinemark Holdings
CNK
$3.25B
| $2.52M | ﹤0.01% |
252,440
+15,943
| +7% | +$159K |
|
1692
Cal-Maine
CALM
$5.37B
| $2.52M | ﹤0.01% |
65,700
-4,375
| -6% | -$168K |
|
|
DQ
1693
Daqo New Energy
DQ
$1.73B
| $2.52M | ﹤0.01% |
93,000
+3,735
| +4% | +$101K |
|
|
VRE
1694
Veris Residential
VRE
$1.49B
| $2.51M | ﹤0.01% |
198,862
-4,671
| -2% | -$59K |
|
|
HTLF
1695
DELISTED
Heartland Financial USA, Inc.
HTLF
| $2.51M | ﹤0.01% |
83,685
+4,555
| +6% | +$137K |
|
1696
Tennant Co
TNC
$1.5B
| $2.51M | ﹤0.01% |
41,551
+1,100
| +3% | +$66.4K |
|
|
NS
1697
DELISTED
NuStar Energy L.P.
NS
| $2.51M | ﹤0.01% |
235,842
+15,112
| +7% | +$161K |
|
1698
Mesa Laboratories
MLAB
$339M
| $2.5M | ﹤0.01% |
9,800
+690
| +8% | +$176K |
|
1699
AMERISAFE
AMSF
$841M
| $2.49M | ﹤0.01% |
43,446
+1,100
| +3% | +$63.1K |
|
|
SAFE
1700
DELISTED
Safehold Inc.
SAFE
| $2.49M | ﹤0.01% |
40,135
+1,000
| +3% | +$62.1K |
|