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 | |
|---|---|---|---|---|---|---|
751
Targa Resources
TRGP
$34.5B
| $17.4M | 0.01% |
548,800
-44,222
| -7% | -$1.4M |
|
752
Donaldson
DCI
$9.35B
| $17.4M | 0.01% |
298,833
-6,339
| -2% | -$369K |
|
|
SGI
753
Somnigroup International Inc.
SGI
$17.7B
| $17.4M | 0.01% |
475,007
+6,898
| +1% | +$252K |
|
754
Boston Beer
SAM
$2.45B
| $17.3M | 0.01% |
14,348
-5,686
| -28% | -$6.86M |
|
|
IAA
755
DELISTED
IAA, Inc. Common Stock
IAA
| $17.3M | 0.01% |
313,843
-10,133
| -3% | -$559K |
|
756
CubeSmart
CUBE
$9.38B
| $17.3M | 0.01% |
456,108
-12,130
| -3% | -$459K |
|
757
Elastic
ESTC
$9.69B
| $17.2M | 0.01% |
154,883
-2,827
| -2% | -$314K |
|
758
Hanesbrands
HBI
$2.28B
| $17.1M | 0.01% |
870,938
-35,316
| -4% | -$695K |
|
759
PagSeguro Digital
PAGS
$2.78B
| $17.1M | 0.01% |
369,782
-13,025
| -3% | -$603K |
|
760
XP
XP
$9.59B
| $17.1M | 0.01% |
454,185
+121,892
| +37% | +$4.59M |
|
761
AerCap
AER
$21.6B
| $17M | 0.01% |
289,420
-24,663
| -8% | -$1.45M |
|
|
PFPT
762
DELISTED
Proofpoint, Inc.
PFPT
| $16.9M | 0.01% |
134,605
-2,579
| -2% | -$324K |
|
763
Sealed Air
SEE
$4.86B
| $16.9M | 0.01% |
369,438
-11,850
| -3% | -$543K |
|
764
Ares Capital
ARCC
$15.7B
| $16.8M | 0.01% |
899,700
-122,800
| -12% | -$2.3M |
|
765
Royal Gold
RGLD
$12.3B
| $16.8M | 0.01% |
156,251
-4,044
| -3% | -$435K |
|
766
Affiliated Managers Group
AMG
$6.59B
| $16.8M | 0.01% |
112,423
-9,173
| -8% | -$1.37M |
|
|
TCF
767
DELISTED
TCF Financial Corporation Common Stock
TCF
| $16.7M | 0.01% |
359,355
-29,593
| -8% | -$1.37M |
|
768
Marriott Vacations Worldwide
VAC
$2.71B
| $16.6M | 0.01% |
95,206
-3,459
| -4% | -$602K |
|
769
TopBuild
BLD
$12.2B
| $16.6M | 0.01% |
79,044
-2,598
| -3% | -$544K |
|
770
Lincoln Electric
LECO
$13.4B
| $16.5M | 0.01% |
134,565
-4,411
| -3% | -$542K |
|
771
Exelixis
EXEL
$10.3B
| $16.4M | 0.01% |
725,273
-28,916
| -4% | -$653K |
|
772
Coherent
COHR
$15.5B
| $16.3M | 0.01% |
238,905
-2,437
| -1% | -$167K |
|
773
Euronet Worldwide
EEFT
$3.59B
| $16.3M | 0.01% |
117,997
-5,667
| -5% | -$784K |
|
774
Lumentum
LITE
$10.6B
| $16.2M | 0.01% |
177,540
-4,451
| -2% | -$407K |
|
775
Mattel
MAT
$5.96B
| $16.2M | 0.01% |
811,038
-26,720
| -3% | -$532K |
|