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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LTRPA
2526
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $963K | ﹤0.01% |
150,900
-13,664
| -8% | -$87.2K |
|
|
VAPO
2527
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $958K | ﹤0.01% |
4,988
-655
| -12% | -$126K |
|
2528
Nordic American Tanker
NAT
$675M
| $956K | ﹤0.01% |
294,100
-26,789
| -8% | -$87.1K |
|
2529
Vertex
VERX
$3.81B
| $956K | ﹤0.01% |
43,500
-4,633
| -10% | -$102K |
|
|
SPPI
2530
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $956K | ﹤0.01% |
293,300
-27,215
| -8% | -$88.7K |
|
|
ALBO
2531
DELISTED
Albireo Pharma, Inc. Common Stock
ALBO
| $955K | ﹤0.01% |
27,100
-3,196
| -11% | -$113K |
|
2532
Westlake Chemical Partners
WLKP
$765M
| $953K | ﹤0.01% |
39,670
-3,861
| -9% | -$92.8K |
|
|
APTS
2533
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $953K | ﹤0.01% |
96,800
-8,919
| -8% | -$87.8K |
|
2534
WM Technology
MAPS
$131M
| $951K | ﹤0.01% |
51,800
| – | – |
|
|
RTLR
2535
DELISTED
Rattler Midstream LP Common Units
RTLR
| $951K | ﹤0.01% |
89,500
-8,173
| -8% | -$86.8K |
|
2536
AXT Inc
AXTI
$164M
| $947K | ﹤0.01% |
81,200
-10,380
| -11% | -$121K |
|
2537
HCI Group
HCI
$2.36B
| $945K | ﹤0.01% |
12,300
-1,230
| -9% | -$94.5K |
|
2538
Waterstone Financial
WSBF
$274M
| $945K | ﹤0.01% |
46,300
-3,946
| -8% | -$80.5K |
|
|
BFX
2539
DELISTED
BowFlex Inc.
BFX
| $945K | ﹤0.01% |
60,400
-7,985
| -12% | -$125K |
|
2540
Nkarta
NKTX
$141M
| $944K | ﹤0.01% |
28,700
-2,643
| -8% | -$86.9K |
|
|
CMRX
2541
DELISTED
Chimerix, Inc.
CMRX
| $944K | ﹤0.01% |
97,900
| – | – |
|
2542
Forrester Research
FORR
$191M
| $943K | ﹤0.01% |
22,200
-1,967
| -8% | -$83.6K |
|
2543
Corsair Gaming
CRSR
$953M
| $941K | ﹤0.01% |
28,270
-2,633
| -9% | -$87.6K |
|
2544
AnaptysBio
ANAB
$655M
| $940K | ﹤0.01% |
43,600
-3,986
| -8% | -$85.9K |
|
2545
Nexa Resources
NEXA
$649M
| $940K | ﹤0.01% |
91,700
-8,384
| -8% | -$85.9K |
|
2546
Titan International
TWI
$558M
| $938K | ﹤0.01% |
101,100
| – | – |
|
|
SPNE
2547
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $936K | ﹤0.01% |
53,800
| – | – |
|
2548
PennantPark Floating Rate Capital
PFLT
$1.01B
| $935K | ﹤0.01% |
78,700
-7,235
| -8% | -$86K |
|
2549
i3 Verticals
IIIV
$728M
| $934K | ﹤0.01% |
30,000
-3,438
| -10% | -$107K |
|
2550
Movado Group
MOV
$436M
| $933K | ﹤0.01% |
32,800
-5,011
| -13% | -$143K |
|