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 | |
|---|---|---|---|---|---|---|
501
Gartner
IT
$18.6B
| $36.5M | 0.03% |
199,785
-8,782
| -4% | -$1.6M |
|
502
Advance Auto Parts
AAP
$3.63B
| $35.9M | 0.03% |
195,673
-4,260
| -2% | -$782K |
|
503
Masco
MAS
$15.9B
| $35.7M | 0.03% |
595,396
-34,621
| -5% | -$2.07M |
|
504
Bilibili
BILI
$9.25B
| $35.6M | 0.03% |
332,809
+2,581
| +0.8% | +$276K |
|
505
Albemarle
ALB
$9.6B
| $35.6M | 0.03% |
243,671
+9,348
| +4% | +$1.37M |
|
506
Arch Capital
ACGL
$34.1B
| $35.4M | 0.03% |
921,362
-21,499
| -2% | -$825K |
|
507
Avery Dennison
AVY
$13.1B
| $35.3M | 0.03% |
192,276
-9,421
| -5% | -$1.73M |
|
508
Pultegroup
PHM
$27.7B
| $35.2M | 0.03% |
670,283
-16,893
| -2% | -$886K |
|
509
Eastman Chemical
EMN
$7.93B
| $35M | 0.03% |
317,938
-30,755
| -9% | -$3.39M |
|
510
Plug Power
PLUG
$1.69B
| $34.9M | 0.03% |
973,850
+146,377
| +18% | +$5.25M |
|
511
Raymond James Financial
RJF
$33B
| $34.8M | 0.03% |
426,255
-21,338
| -5% | -$1.74M |
|
512
Bath & Body Works
BBWI
$6.06B
| $34.8M | 0.03% |
695,485
-22,042
| -3% | -$1.1M |
|
513
Entegris
ENTG
$12.4B
| $34.7M | 0.03% |
310,274
-14,434
| -4% | -$1.61M |
|
514
Carvana
CVNA
$50.9B
| $34.6M | 0.03% |
131,951
-1,604
| -1% | -$421K |
|
515
VICI Properties
VICI
$35.8B
| $34.5M | 0.03% |
1,220,176
-57,205
| -4% | -$1.62M |
|
516
Bio-Techne
TECH
$8.46B
| $34.4M | 0.03% |
360,656
-9,012
| -2% | -$860K |
|
517
Williams-Sonoma
WSM
$24.7B
| $34.3M | 0.03% |
382,556
-8,690
| -2% | -$779K |
|
518
Teledyne Technologies
TDY
$25.7B
| $34.2M | 0.03% |
82,710
-4,657
| -5% | -$1.93M |
|
519
Lumen
LUMN
$4.87B
| $34.1M | 0.03% |
2,552,405
-277,235
| -10% | -$3.7M |
|
520
Revvity
RVTY
$10.1B
| $34M | 0.03% |
264,798
-5,822
| -2% | -$747K |
|
521
Charles River Laboratories
CRL
$8.07B
| $33.9M | 0.03% |
116,824
-2,204
| -2% | -$639K |
|
|
ABMD
522
DELISTED
Abiomed Inc
ABMD
| $33.7M | 0.03% |
105,602
-1,564
| -1% | -$499K |
|
523
Wabtec
WAB
$33B
| $33.6M | 0.03% |
424,472
-11,818
| -3% | -$936K |
|
524
PTC
PTC
$25.6B
| $33.6M | 0.03% |
243,907
-7,890
| -3% | -$1.09M |
|
525
FMC
FMC
$4.72B
| $33.4M | 0.03% |
302,273
-9,124
| -3% | -$1.01M |
|