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 | |
|---|---|---|---|---|---|---|
626
Coca-Cola Europacific Partners
CCEP
$41.6B
| $23.6M | 0.02% |
452,310
-28,119
| -6% | -$1.47M |
|
627
CF Industries
CF
$13.7B
| $23.6M | 0.02% |
519,811
-32,931
| -6% | -$1.49M |
|
628
Hubbell
HUBB
$23.2B
| $23.3M | 0.02% |
124,542
-7,053
| -5% | -$1.32M |
|
629
Kohl's
KSS
$1.86B
| $23.2M | 0.02% |
388,825
-12,739
| -3% | -$759K |
|
|
PRAH
630
DELISTED
PRA Health Sciences, Inc.
PRAH
| $23.1M | 0.02% |
150,734
-3,437
| -2% | -$527K |
|
631
Huazhu Hotels Group
HTHT
$11.4B
| $23.1M | 0.02% |
420,435
-19,830
| -5% | -$1.09M |
|
632
Norwegian Cruise Line
NCLH
$11.5B
| $22.9M | 0.02% |
830,484
+135,410
| +19% | +$3.74M |
|
|
AZPN
633
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $22.9M | 0.02% |
158,691
-3,500
| -2% | -$505K |
|
634
Deckers Outdoor
DECK
$17.1B
| $22.9M | 0.02% |
415,194
+10,674
| +3% | +$588K |
|
635
Trex
TREX
$6.43B
| $22.8M | 0.02% |
249,428
-30,867
| -11% | -$2.83M |
|
636
WEX
WEX
$5.92B
| $22.7M | 0.02% |
108,706
+843
| +0.8% | +$176K |
|
637
Sunrun
RUN
$3.7B
| $22.7M | 0.02% |
374,714
+14,796
| +4% | +$895K |
|
638
NRG Energy
NRG
$29.5B
| $22.6M | 0.02% |
599,980
-21,191
| -3% | -$800K |
|
639
Molson Coors Class B
TAP
$9.78B
| $22.4M | 0.02% |
438,830
+6,094
| +1% | +$312K |
|
640
Jazz Pharmaceuticals
JAZZ
$7.8B
| $22.4M | 0.02% |
136,241
-2,053
| -1% | -$337K |
|
641
Jones Lang LaSalle
JLL
$14.5B
| $22.4M | 0.02% |
125,011
-7,507
| -6% | -$1.34M |
|
642
Aecom
ACM
$16.5B
| $22.3M | 0.02% |
347,913
-27,084
| -7% | -$1.74M |
|
643
Regency Centers
REG
$13.1B
| $22.2M | 0.02% |
391,801
-25,751
| -6% | -$1.46M |
|
644
First Horizon
FHN
$11.6B
| $22.2M | 0.02% |
1,312,175
-36,868
| -3% | -$623K |
|
645
Bright Horizons
BFAM
$6.56B
| $22.2M | 0.02% |
129,204
-6,068
| -4% | -$1.04M |
|
646
RH
RH
$4.36B
| $22.1M | 0.02% |
36,991
-702
| -2% | -$419K |
|
647
Gaming and Leisure Properties
GLPI
$13.6B
| $22M | 0.02% |
518,191
-14,323
| -3% | -$608K |
|
648
Liberty Global Class C
LBTYK
$4B
| $22M | 0.02% |
860,737
-49,039
| -5% | -$1.25M |
|
649
Flex
FLEX
$21B
| $21.8M | 0.02% |
1,581,937
-33,944
| -2% | -$468K |
|
650
Invesco
IVZ
$9.91B
| $21.8M | 0.02% |
864,137
-65,116
| -7% | -$1.64M |
|