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 | |
|---|---|---|---|---|---|---|
926
Maximus
MMS
$5.05B
| $12.5M | 0.01% |
140,304
-11,890
| -8% | -$1.06M |
|
927
Timken Company
TKR
$5.47B
| $12.5M | 0.01% |
153,753
-3,607
| -2% | -$293K |
|
928
MasTec
MTZ
$15B
| $12.5M | 0.01% |
133,133
-12,442
| -9% | -$1.17M |
|
929
New Jersey Resources
NJR
$4.74B
| $12.5M | 0.01% |
312,762
+69,012
| +28% | +$2.75M |
|
930
Air Lease Corp
AL
$7.1B
| $12.4M | 0.01% |
254,020
-13,372
| -5% | -$655K |
|
931
Sabra Healthcare REIT
SBRA
$4.55B
| $12.4M | 0.01% |
716,010
+165,192
| +30% | +$2.87M |
|
932
Evercore
EVR
$13.2B
| $12.4M | 0.01% |
94,186
-7,847
| -8% | -$1.03M |
|
|
DOC
933
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $12.4M | 0.01% |
701,513
+175,095
| +33% | +$3.09M |
|
934
Macy's
M
$4.66B
| $12.4M | 0.01% |
764,692
+20,734
| +3% | +$336K |
|
935
SouthState Bank Corporation
SSB
$10.3B
| $12.3M | 0.01% |
157,092
-15,049
| -9% | -$1.18M |
|
936
Graphic Packaging
GPK
$6.21B
| $12.3M | 0.01% |
676,221
+11,346
| +2% | +$206K |
|
937
NCR Voyix
VYX
$1.79B
| $12.3M | 0.01% |
526,748
-21,758
| -4% | -$507K |
|
938
Grand Canyon Education
LOPE
$5.84B
| $12.3M | 0.01% |
114,449
-1,998
| -2% | -$214K |
|
939
Dick's Sporting Goods
DKS
$20.7B
| $12.3M | 0.01% |
160,862
+5,903
| +4% | +$450K |
|
940
NOV
NOV
$4.92B
| $12.2M | 0.01% |
+892,343
| New | +$12.2M |
|
941
STAG Industrial
STAG
$6.79B
| $12.2M | 0.01% |
363,501
-5,408
| -1% | -$182K |
|
942
Skechers
SKX
$9.52B
| $12.2M | 0.01% |
292,748
-14,551
| -5% | -$607K |
|
943
STAAR Surgical
STAA
$1.39B
| $12.2M | 0.01% |
115,798
+10,146
| +10% | +$1.07M |
|
944
TD Synnex
SNX
$12.6B
| $12.2M | 0.01% |
106,271
+3,079
| +3% | +$354K |
|
945
Idacorp
IDA
$6.78B
| $12.2M | 0.01% |
121,923
-2,996
| -2% | -$300K |
|
946
Varonis Systems
VRNS
$6.38B
| $12.2M | 0.01% |
236,851
+2,608
| +1% | +$134K |
|
947
Cirrus Logic
CRUS
$5.9B
| $12.2M | 0.01% |
143,363
-2,263
| -2% | -$192K |
|
948
Fox Factory Holding Corp
FOXF
$1.2B
| $12.1M | 0.01% |
95,149
-8,423
| -8% | -$1.07M |
|
949
Integra LifeSciences
IART
$1.2B
| $12.1M | 0.01% |
174,861
-4,469
| -2% | -$309K |
|
950
Exponent
EXPO
$3.55B
| $12.1M | 0.01% |
123,906
-3,581
| -3% | -$349K |
|