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 | |
|---|---|---|---|---|---|---|
1001
Pure Storage
PSTG
$26.5B
| $11.3M | 0.01% |
524,815
-21,936
| -4% | -$473K |
|
1002
Flowers Foods
FLO
$3.02B
| $11.3M | 0.01% |
474,066
-14,999
| -3% | -$357K |
|
1003
Neogen
NEOG
$1.21B
| $11.3M | 0.01% |
253,812
-7,740
| -3% | -$344K |
|
1004
Morningstar
MORN
$10.6B
| $11.3M | 0.01% |
50,117
-4,282
| -8% | -$964K |
|
|
EQC
1005
DELISTED
Equity Commonwealth
EQC
| $11.3M | 0.01% |
405,090
+132,077
| +48% | +$3.67M |
|
1006
Boyd Gaming
BYD
$6.84B
| $11.3M | 0.01% |
190,994
-17,341
| -8% | -$1.02M |
|
|
STL
1007
DELISTED
Sterling Bancorp
STL
| $11.3M | 0.01% |
489,025
+8,366
| +2% | +$193K |
|
1008
Crane NXT
CXT
$3.49B
| $11.2M | 0.01% |
343,493
-15,985
| -4% | -$521K |
|
1009
Allison Transmission
ALSN
$7.57B
| $11.2M | 0.01% |
274,289
-9,971
| -4% | -$407K |
|
1010
Magnite
MGNI
$3.4B
| $11.2M | 0.01% |
268,963
+33,469
| +14% | +$1.39M |
|
1011
Clarivate
CLVT
$2.85B
| $11.2M | 0.01% |
423,662
-17,421
| -4% | -$460K |
|
1012
Kratos Defense & Security Solutions
KTOS
$11.1B
| $11.2M | 0.01% |
408,847
+131,375
| +47% | +$3.58M |
|
1013
Kornit Digital
KRNT
$662M
| $11.1M | 0.01% |
112,477
+6,510
| +6% | +$645K |
|
|
JOYY
1014
JOYY Inc. American Depositary Shares
JOYY
$3.23B
| $11.1M | 0.01% |
118,882
-5,273
| -4% | -$494K |
|
|
NEWR
1015
DELISTED
New Relic, Inc.
NEWR
| $11.1M | 0.01% |
180,592
+61,330
| +51% | +$3.77M |
|
1016
Synaptics
SYNA
$2.67B
| $11.1M | 0.01% |
81,852
-1,531
| -2% | -$207K |
|
|
QVCGA
1017
QVC Group, Inc. Series A Common Stock
QVCGA
$83.7M
| $11.1M | 0.01% |
18,816
-1,275
| -6% | -$750K |
|
1018
Frontdoor
FTDR
$4.62B
| $11.1M | 0.01% |
205,757
-7,413
| -3% | -$398K |
|
1019
Liberty Global Class A
LBTYA
$3.93B
| $11M | 0.01% |
430,117
-38,124
| -8% | -$978K |
|
1020
FuelCell Energy
FCEL
$209M
| $11M | 0.01% |
25,511
+3,879
| +18% | +$1.68M |
|
1021
WillScot Mobile Mini Holdings
WSC
$4.17B
| $11M | 0.01% |
397,416
-9,954
| -2% | -$276K |
|
1022
ASGN Inc
ASGN
$2.23B
| $11M | 0.01% |
115,097
-12,057
| -9% | -$1.15M |
|
1023
United Bankshares
UBSI
$5.36B
| $11M | 0.01% |
284,648
-31,813
| -10% | -$1.23M |
|
1024
Hanover Insurance
THG
$6.37B
| $11M | 0.01% |
84,816
-9,368
| -10% | -$1.21M |
|
1025
3D Systems Corporation
DDD
$272M
| $11M | 0.01% |
400,080
+137,232
| +52% | +$3.77M |
|