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 | |
|---|---|---|---|---|---|---|
676
Carlisle Companies
CSL
$16.3B
| $20.5M | 0.02% |
124,837
-3,677
| -3% | -$605K |
|
677
Gentex
GNTX
$6.19B
| $20.5M | 0.02% |
575,096
-11,179
| -2% | -$399K |
|
678
Service Corp International
SCI
$11.1B
| $20.5M | 0.02% |
400,718
-9,129
| -2% | -$466K |
|
|
MMP
679
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $20.4M | 0.02% |
471,256
-87,114
| -16% | -$3.78M |
|
680
Airbnb
ABNB
$75.8B
| $20.4M | 0.02% |
+108,600
| New | +$20.4M |
|
681
Churchill Downs
CHDN
$6.85B
| $20.4M | 0.02% |
179,172
-5,344
| -3% | -$608K |
|
682
Liberty Media Series C
FWONK
$25.4B
| $20.3M | 0.02% |
485,982
+19,475
| +4% | +$815K |
|
|
IPHI
683
DELISTED
INPHI CORPORATION
IPHI
| $20.3M | 0.02% |
113,976
-2,297
| -2% | -$410K |
|
684
FIVE9
FIVN
$2.04B
| $20.3M | 0.02% |
129,813
-21,030
| -14% | -$3.29M |
|
685
Aramark
ARMK
$10.1B
| $20.3M | 0.02% |
742,863
-29,009
| -4% | -$791K |
|
686
Guidewire Software
GWRE
$21.6B
| $20.2M | 0.02% |
198,858
+12,772
| +7% | +$1.3M |
|
|
BERY
687
DELISTED
Berry Global Group, Inc.
BERY
| $20.2M | 0.02% |
358,383
-10,068
| -3% | -$568K |
|
688
Zai Lab
ZLAB
$3.5B
| $20.1M | 0.02% |
150,884
-7,021
| -4% | -$937K |
|
689
DaVita
DVA
$9.77B
| $20.1M | 0.02% |
186,557
-7,382
| -4% | -$796K |
|
|
MRO
690
DELISTED
Marathon Oil Corporation
MRO
| $20.1M | 0.02% |
1,881,108
-155,674
| -8% | -$1.66M |
|
691
Franklin Resources
BEN
$12.8B
| $20.1M | 0.02% |
678,467
-16,483
| -2% | -$488K |
|
692
Watsco
WSO
$16.3B
| $20.1M | 0.02% |
76,997
-2,073
| -3% | -$541K |
|
693
Alaska Air
ALK
$7.18B
| $20M | 0.02% |
288,478
-9,034
| -3% | -$625K |
|
694
CureVac
CVAC
$1.21B
| $19.9M | 0.02% |
217,694
+186,936
| +608% | +$17.1M |
|
695
Genpact
G
$7.61B
| $19.9M | 0.02% |
463,972
+8,253
| +2% | +$353K |
|
696
US Foods
USFD
$17.6B
| $19.8M | 0.02% |
518,374
-20,625
| -4% | -$786K |
|
697
GDS Holdings
GDS
$6.56B
| $19.7M | 0.02% |
242,749
-11,427
| -4% | -$927K |
|
698
Omega Healthcare
OHI
$12.6B
| $19.7M | 0.02% |
537,003
-13,909
| -3% | -$509K |
|
|
VER
699
DELISTED
VEREIT, Inc.
VER
| $19.6M | 0.01% |
508,239
+29,579
| +6% | +$1.14M |
|
700
New York Times
NYT
$9.48B
| $19.6M | 0.01% |
387,448
-10,784
| -3% | -$546K |
|