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 | |
|---|---|---|---|---|---|---|
1026
Nutanix
NTNX
$21.7B
| $11M | 0.01% |
413,329
-16,018
| -4% | -$425K |
|
|
SAIL
1027
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $11M | 0.01% |
216,658
-2,169
| -1% | -$110K |
|
1028
GameStop
GME
$11.1B
| $11M | 0.01% |
230,800
-308,852
| -57% | -$14.7M |
|
1029
Hilton Grand Vacations
HGV
$4.07B
| $10.9M | 0.01% |
291,265
+63,813
| +28% | +$2.39M |
|
1030
Medpace
MEDP
$14B
| $10.9M | 0.01% |
66,558
-3,379
| -5% | -$554K |
|
1031
Rithm Capital
RITM
$6.65B
| $10.9M | 0.01% |
969,869
-103,379
| -10% | -$1.16M |
|
1032
Valvoline
VVV
$5.15B
| $10.9M | 0.01% |
418,398
-43,090
| -9% | -$1.12M |
|
1033
Novanta
NOVT
$4.24B
| $10.9M | 0.01% |
82,650
-2,199
| -3% | -$290K |
|
1034
American Eagle Outfitters
AEO
$3.4B
| $10.9M | 0.01% |
372,399
+19,363
| +5% | +$566K |
|
1035
Lazard
LAZ
$5.35B
| $10.9M | 0.01% |
250,128
-10,207
| -4% | -$444K |
|
1036
8x8 Inc
EGHT
$303M
| $10.9M | 0.01% |
335,139
+119,693
| +56% | +$3.88M |
|
1037
TEGNA Inc
TGNA
$3.38B
| $10.8M | 0.01% |
575,254
+8,794
| +2% | +$166K |
|
|
PACW
1038
DELISTED
PacWest Bancorp
PACW
| $10.8M | 0.01% |
283,112
+3,835
| +1% | +$146K |
|
|
NVRO
1039
DELISTED
NEVRO CORP.
NVRO
| $10.8M | 0.01% |
77,316
+1,716
| +2% | +$239K |
|
1040
Vontier
VNT
$6.34B
| $10.8M | 0.01% |
356,299
+56,214
| +19% | +$1.7M |
|
1041
Highwoods Properties
HIW
$3.49B
| $10.8M | 0.01% |
251,013
-24,832
| -9% | -$1.07M |
|
1042
Sonos
SONO
$1.83B
| $10.8M | 0.01% |
287,116
+112,627
| +65% | +$4.22M |
|
1043
Spirit AeroSystems
SPR
$4.61B
| $10.7M | 0.01% |
220,712
-43,877
| -17% | -$2.13M |
|
1044
Q2 Holdings
QTWO
$5.17B
| $10.7M | 0.01% |
107,059
-4,548
| -4% | -$456K |
|
1045
Semtech
SMTC
$5.29B
| $10.7M | 0.01% |
155,384
-4,404
| -3% | -$304K |
|
1046
ACI Worldwide
ACIW
$5.22B
| $10.7M | 0.01% |
281,453
-5,192
| -2% | -$198K |
|
1047
Emergent Biosolutions
EBS
$439M
| $10.6M | 0.01% |
114,011
+1,208
| +1% | +$112K |
|
1048
Clean Harbors
CLH
$12.8B
| $10.6M | 0.01% |
125,683
-5,253
| -4% | -$442K |
|
|
MNDT
1049
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $10.6M | 0.01% |
539,742
+19,671
| +4% | +$385K |
|
1050
UFP Industries
UFPI
$6B
| $10.6M | 0.01% |
139,226
-14,469
| -9% | -$1.1M |
|