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 | |
|---|---|---|---|---|---|---|
601
LPL Financial
LPLA
$27.2B
| $25.8M | 0.02% |
181,711
-10,705
| -6% | -$1.52M |
|
602
Lamb Weston
LW
$8.02B
| $25.8M | 0.02% |
332,746
-20,653
| -6% | -$1.6M |
|
603
Toro Company
TTC
$7.96B
| $25.5M | 0.02% |
247,437
-4,474
| -2% | -$461K |
|
604
Essential Utilities
WTRG
$10.8B
| $25.4M | 0.02% |
568,256
-14,692
| -3% | -$657K |
|
605
Newell Brands
NWL
$2.65B
| $25.4M | 0.02% |
947,009
-33,729
| -3% | -$903K |
|
606
Repligen
RGEN
$6.79B
| $25.3M | 0.02% |
130,233
+2,762
| +2% | +$537K |
|
607
Lennox International
LII
$20.4B
| $25.3M | 0.02% |
81,085
-2,307
| -3% | -$719K |
|
608
BILL Holdings
BILL
$5.1B
| $25.1M | 0.02% |
172,814
-2,929
| -2% | -$426K |
|
|
LSXMA
609
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $25M | 0.02% |
772,342
-43,786
| -5% | -$1.42M |
|
610
10x Genomics
TXG
$1.73B
| $24.9M | 0.02% |
137,766
-2,376
| -2% | -$430K |
|
611
Icon
ICLR
$13.8B
| $24.8M | 0.02% |
126,430
+1,067
| +0.9% | +$210K |
|
612
Erie Indemnity
ERIE
$17.6B
| $24.7M | 0.02% |
111,907
-94,498
| -46% | -$20.9M |
|
613
Owens Corning
OC
$13B
| $24.6M | 0.02% |
267,424
-6,804
| -2% | -$627K |
|
614
Five Below
FIVE
$8.34B
| $24.6M | 0.02% |
129,048
+6,902
| +6% | +$1.32M |
|
615
Steel Dynamics
STLD
$19.8B
| $24.6M | 0.02% |
484,591
-28,905
| -6% | -$1.47M |
|
616
Pentair
PNR
$18.1B
| $24.5M | 0.02% |
393,551
-5,077
| -1% | -$316K |
|
617
Comerica
CMA
$8.83B
| $24.2M | 0.02% |
337,022
-23,514
| -7% | -$1.69M |
|
618
MKS Inc. Common Stock
MKSI
$7.32B
| $24.1M | 0.02% |
130,094
-3,589
| -3% | -$665K |
|
619
East-West Bancorp
EWBC
$15.1B
| $24.1M | 0.02% |
326,607
-20,462
| -6% | -$1.51M |
|
620
Universal Display
OLED
$6.91B
| $24M | 0.02% |
101,427
-1,528
| -1% | -$362K |
|
621
Li Auto
LI
$24.1B
| $23.9M | 0.02% |
957,349
+736,648
| +334% | +$18.4M |
|
622
Lithia Motors
LAD
$8.71B
| $23.9M | 0.02% |
61,164
-1,750
| -3% | -$683K |
|
623
Reliance Steel & Aluminium
RS
$15.7B
| $23.7M | 0.02% |
155,768
-10,242
| -6% | -$1.56M |
|
624
ScottsMiracle-Gro
SMG
$3.64B
| $23.6M | 0.02% |
96,532
-1,790
| -2% | -$438K |
|
625
News Corp Class A
NWSA
$16.9B
| $23.6M | 0.02% |
927,820
-37,314
| -4% | -$949K |
|