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 | |
|---|---|---|---|---|---|---|
801
Harley-Davidson
HOG
$3.65B
| $15.4M | 0.01% |
385,073
-12,577
| -3% | -$504K |
|
802
Dropbox
DBX
$8.29B
| $15.4M | 0.01% |
577,823
-19,036
| -3% | -$508K |
|
803
CACI
CACI
$10.7B
| $15.4M | 0.01% |
62,380
+1,762
| +3% | +$435K |
|
804
Beyond Meat
BYND
$191M
| $15.3M | 0.01% |
117,882
-4,334
| -4% | -$564K |
|
805
BJs Wholesale Club
BJ
$12.8B
| $15.3M | 0.01% |
341,383
+6,340
| +2% | +$284K |
|
806
Louisiana-Pacific
LPX
$6.64B
| $15.3M | 0.01% |
275,983
+4,026
| +1% | +$223K |
|
807
Wyndham Hotels & Resorts
WH
$6.43B
| $15.3M | 0.01% |
218,810
-7,231
| -3% | -$505K |
|
|
PLAN
808
DELISTED
Anaplan, Inc.
PLAN
| $15.3M | 0.01% |
283,412
-11,026
| -4% | -$594K |
|
|
XLRN
809
DELISTED
Acceleron Pharma Inc.
XLRN
| $15.2M | 0.01% |
111,995
-6,058
| -5% | -$822K |
|
|
SMAR
810
DELISTED
Smartsheet Inc.
SMAR
| $15.2M | 0.01% |
237,512
-8,590
| -3% | -$549K |
|
|
TMX
811
DELISTED
Terminix Global Holdings, Inc.
TMX
| $15.1M | 0.01% |
317,655
-10,452
| -3% | -$498K |
|
812
Texas Roadhouse
TXRH
$11B
| $15.1M | 0.01% |
157,571
-4,800
| -3% | -$461K |
|
813
Littelfuse
LFUS
$6.54B
| $15M | 0.01% |
56,729
-1,724
| -3% | -$456K |
|
814
Dolby
DLB
$6.8B
| $15M | 0.01% |
151,855
-3,374
| -2% | -$333K |
|
815
Post Holdings
POST
$5.69B
| $15M | 0.01% |
216,136
-26,217
| -11% | -$1.81M |
|
|
SYNH
816
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $14.9M | 0.01% |
196,618
+10,998
| +6% | +$834K |
|
|
LSI
817
DELISTED
Life Storage, Inc.
LSI
| $14.9M | 0.01% |
173,392
-5,287
| -3% | -$454K |
|
818
Axalta
AXTA
$6.7B
| $14.9M | 0.01% |
503,735
-16,593
| -3% | -$491K |
|
819
Fate Therapeutics
FATE
$115M
| $14.9M | 0.01% |
180,677
+7,790
| +5% | +$642K |
|
820
Arrowhead Research
ARWR
$3.99B
| $14.9M | 0.01% |
224,542
+1,416
| +0.6% | +$93.9K |
|
|
AIRC
821
DELISTED
Apartment Income REIT Corp.
AIRC
| $14.8M | 0.01% |
346,725
+925
| +0.3% | +$39.6K |
|
822
BWX Technologies
BWXT
$15.2B
| $14.8M | 0.01% |
224,285
-6,514
| -3% | -$430K |
|
823
Nexstar Media Group
NXST
$5.98B
| $14.8M | 0.01% |
105,279
-9,798
| -9% | -$1.38M |
|
|
FL
824
DELISTED
Foot Locker
FL
| $14.8M | 0.01% |
262,558
-12,697
| -5% | -$714K |
|
825
Silicon Laboratories
SLAB
$4.34B
| $14.8M | 0.01% |
104,696
-1,449
| -1% | -$204K |
|