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 | |
|---|---|---|---|---|---|---|
701
Jabil
JBL
$22.4B
| $19.4M | 0.01% |
371,255
-10,058
| -3% | -$525K |
|
702
Ciena
CIEN
$16.8B
| $19.4M | 0.01% |
353,641
-20,433
| -5% | -$1.12M |
|
703
Huntington Ingalls Industries
HII
$10.6B
| $19.3M | 0.01% |
93,993
-2,261
| -2% | -$465K |
|
704
American Financial Group
AFG
$11.5B
| $19.3M | 0.01% |
169,340
-5,567
| -3% | -$635K |
|
705
Polaris
PII
$3.35B
| $19.3M | 0.01% |
144,707
-5,691
| -4% | -$760K |
|
706
Americold
COLD
$3.85B
| $19.3M | 0.01% |
500,982
+52,170
| +12% | +$2.01M |
|
|
STOR
707
DELISTED
STORE Capital Corporation
STOR
| $19.3M | 0.01% |
574,616
-15,471
| -3% | -$518K |
|
708
Lamar Advertising Co
LAMR
$13B
| $19.2M | 0.01% |
204,784
-6,523
| -3% | -$613K |
|
709
Oshkosh
OSK
$8.9B
| $19.2M | 0.01% |
161,635
-4,070
| -2% | -$483K |
|
710
Cleveland-Cliffs
CLF
$5.45B
| $19.2M | 0.01% |
953,072
+61,783
| +7% | +$1.24M |
|
711
First Solar
FSLR
$21.8B
| $19.2M | 0.01% |
219,482
-5,825
| -3% | -$509K |
|
712
Autoliv
ALV
$9.74B
| $19.2M | 0.01% |
206,376
-4,485
| -2% | -$416K |
|
713
Zillow
ZG
$21B
| $19.1M | 0.01% |
145,573
+9,816
| +7% | +$1.29M |
|
714
Voya Financial
VOYA
$7.3B
| $19.1M | 0.01% |
300,348
-5,005
| -2% | -$319K |
|
715
Penumbra
PEN
$11.1B
| $19.1M | 0.01% |
70,635
-3,477
| -5% | -$941K |
|
716
Encompass Health
EHC
$12.7B
| $19.1M | 0.01% |
293,062
-5,029
| -2% | -$328K |
|
|
CONE
717
DELISTED
CyrusOne Inc Common Stock
CONE
| $19.1M | 0.01% |
281,458
-6,354
| -2% | -$430K |
|
718
Axon Enterprise
AXON
$58.1B
| $19M | 0.01% |
133,393
-16,727
| -11% | -$2.38M |
|
719
Casey's General Stores
CASY
$19.4B
| $19M | 0.01% |
87,707
-2,168
| -2% | -$469K |
|
720
Brunswick
BC
$4.37B
| $18.9M | 0.01% |
198,131
+2,271
| +1% | +$217K |
|
721
United Therapeutics
UTHR
$17.8B
| $18.8M | 0.01% |
112,523
-2,790
| -2% | -$467K |
|
722
Globant
GLOB
$2.71B
| $18.8M | 0.01% |
90,326
-2,254
| -2% | -$468K |
|
723
Apollo Global Management
APO
$76.9B
| $18.7M | 0.01% |
398,717
-11,077
| -3% | -$521K |
|
724
ITT
ITT
$13.5B
| $18.7M | 0.01% |
205,996
-6,120
| -3% | -$556K |
|
725
DXC Technology
DXC
$2.62B
| $18.7M | 0.01% |
597,865
-50,491
| -8% | -$1.58M |
|