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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2626
Photronics
PLAB
$1.3B
| – | – |
-128,500
| Closed | -$1.65M |
|
2627
Dave & Buster's
PLAY
$796M
| – | – |
-89,800
| Closed | -$4.3M |
|
2628
LGI Homes
LGIH
$1.41B
| – | – |
-41,882
| Closed | -$6.25M |
|
2629
Ligand Pharmaceuticals
LGND
$3.24B
| – | – |
-47,128
| Closed | -$4.48M |
|
2630
Liberty Latin America Class A
LILA
$1.51B
| – | – |
-93,900
| Closed | -$1.21M |
|
2631
Lincoln Educational Services
LINC
$601M
| – | – |
-49,200
| Closed | -$315K |
|
2632
LiqTech
LIQT
$23.2M
| – | – |
-4,902
| Closed | -$317K |
|
2633
LeMaitre Vascular
LMAT
$2.13B
| – | – |
-33,800
| Closed | -$1.65M |
|
2634
Limoneira
LMNR
$269M
| – | – |
-33,600
| Closed | -$588K |
|
2635
Lindsay Corp
LNN
$1.5B
| – | – |
-22,000
| Closed | -$3.67M |
|
2636
LENSAR
LNSR
$145M
| – | – |
-17,603
| Closed | -$128K |
|
2637
Lantheus
LNTH
$3.57B
| – | – |
-135,277
| Closed | -$2.89M |
|
2638
Light & Wonder
LNW
$7.42B
| – | – |
-106,890
| Closed | -$4.12M |
|
2639
Live Oak Bancshares
LOB
$1.68B
| – | – |
-57,000
| Closed | -$3.9M |
|
2640
El Pollo Loco
LOCO
$303M
| – | – |
-37,300
| Closed | -$601K |
|
2641
Comstock
LODE
$138M
| – | – |
-1,266
| Closed | -$58K |
|
2642
Loop Industries
LOOP
$87.3M
| – | – |
-43,800
| Closed | -$351K |
|
2643
Lipocine
LPCN
$16.3M
| – | – |
-2,706
| Closed | -$69K |
|
2644
LoveSac
LOVE
$302M
| – | – |
-20,000
| Closed | -$1.13M |
|
2645
Dorian LPG
LPG
$1.35B
| – | – |
-76,700
| Closed | -$1.01M |
|
2646
Liquidia Corp
LQDA
$2.32B
| – | – |
-41,200
| Closed | -$111K |
|
2647
Liquidity Services
LQDT
$845M
| – | – |
-56,500
| Closed | -$1.05M |
|
2648
Larimar Therapeutics
LRMR
$357M
| – | – |
-19,451
| Closed | -$284K |
|
2649
Stride
LRN
$6.89B
| – | – |
-81,200
| Closed | -$2.45M |
|
2650
Lesaka Technologies
LSAK
$384M
| – | – |
-92,900
| Closed | -$520K |
|