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 | |
|---|---|---|---|---|---|---|
2876
Lands' End
LE
$465M
| – | – |
-23,600
| Closed | -$586K |
|
2877
Lee Enterprises
LEE
$27.6M
| – | – |
-10,965
| Closed | -$282K |
|
2878
Legend Biotech
LEGN
$6.28B
| – | – |
-43,600
| Closed | -$1.27M |
|
2879
Lennar Class B
LEN.B
$34.7B
| – | – |
-33,769
| Closed | -$2.64M |
|
2880
Leslie's
LESL
$62.2M
| – | – |
-79,370
| Closed | -$1.94M |
|
2881
Centrus Energy
LEU
$4.23B
| – | – |
-9,983
| Closed | -$237K |
|
2882
Levi Strauss
LEVI
$8.7B
| – | – |
-87,300
| Closed | -$2.09M |
|
2883
Lifecore Biomedical
LFCR
$271M
| – | – |
-53,486
| Closed | -$567K |
|
|
LFT
2884
Lument Finance Trust
LFT
$123M
| – | – |
-25,029
| Closed | -$88K |
|
2885
LifeVantage
LFVN
$144M
| – | – |
-28,500
| Closed | -$266K |
|
2886
Farmers & Merchants Bancorp
FMAO
$357M
| – | – |
-17,935
| Closed | -$451K |
|
2887
Funko
FNKO
$183M
| – | – |
-50,600
| Closed | -$996K |
|
2888
First Bancorp
FNLC
$304M
| – | – |
-19,750
| Closed | -$577K |
|
2889
Amicus Therapeutics
FOLD
$2.44B
| – | – |
-551,478
| Closed | -$5.45M |
|
2890
Forestar Group
FOR
$1.44B
| – | – |
-34,094
| Closed | -$794K |
|
2891
Fonar
FONR
$100M
| – | – |
-13,079
| Closed | -$237K |
|
2892
Fossil Group
FOSL
$161M
| – | – |
-96,400
| Closed | -$1.2M |
|
2893
Shift4
FOUR
$5.96B
| – | – |
-54,396
| Closed | -$4.46M |
|
|
FPI
2894
Farmland Partners
FPI
$477M
| – | – |
-54,400
| Closed | -$610K |
|
2895
First Bank
FRBA
$417M
| – | – |
-11,900
| Closed | -$145K |
|
2896
Freedom Holding
FRHC
$9.96B
| – | – |
-32,000
| Closed | -$1.71M |
|
2897
JFrog
FROG
$5.84B
| – | – |
-24,342
| Closed | -$1.08M |
|
2898
FRP Holdings
FRPH
$483M
| – | – |
-25,966
| Closed | -$639K |
|
2899
FS Bancorp
FSBW
$317M
| – | – |
-15,200
| Closed | -$511K |
|
2900
Foster
FSTR
$290M
| – | – |
-21,000
| Closed | -$376K |
|