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 | |
|---|---|---|---|---|---|---|
1051
Upwork
UPWK
$2.17B
| $10.5M | 0.01% |
234,077
+17,258
| +8% | +$773K |
|
1052
Teradata
TDC
$2.04B
| $10.5M | 0.01% |
271,700
+14,799
| +6% | +$570K |
|
1053
Portland General Electric
POR
$4.65B
| $10.5M | 0.01% |
220,490
-6,111
| -3% | -$290K |
|
1054
National Fuel Gas
NFG
$7.95B
| $10.4M | 0.01% |
208,359
-11,199
| -5% | -$560K |
|
1055
Carlyle Group
CG
$24.4B
| $10.4M | 0.01% |
282,681
+10,440
| +4% | +$384K |
|
1056
Simpson Manufacturing
SSD
$8.07B
| $10.4M | 0.01% |
100,101
-11,549
| -10% | -$1.2M |
|
1057
KB Home
KBH
$4.59B
| $10.4M | 0.01% |
222,871
+7,672
| +4% | +$357K |
|
1058
CyberArk
CYBR
$23.8B
| $10.4M | 0.01% |
80,029
-15,277
| -16% | -$1.98M |
|
1059
Wintrust Financial
WTFC
$9.11B
| $10.3M | 0.01% |
135,883
-6,026
| -4% | -$457K |
|
1060
Nomad Foods
NOMD
$2.14B
| $10.3M | 0.01% |
374,294
-36,068
| -9% | -$990K |
|
1061
H&R Block
HRB
$6.98B
| $10.2M | 0.01% |
469,083
-61,827
| -12% | -$1.35M |
|
1062
WESCO International
WCC
$10.7B
| $10.2M | 0.01% |
118,137
-13,190
| -10% | -$1.14M |
|
1063
Bankunited
BKU
$2.96B
| $10.2M | 0.01% |
232,457
+4,245
| +2% | +$187K |
|
1064
Herbalife
HLF
$964M
| $10.2M | 0.01% |
230,201
-5,850
| -2% | -$260K |
|
1065
Innovative Industrial Properties
IIPR
$1.6B
| $10.2M | 0.01% |
56,380
+6,872
| +14% | +$1.24M |
|
1066
Blackstone Mortgage Trust
BXMT
$3.39B
| $10.1M | 0.01% |
326,914
-31,936
| -9% | -$990K |
|
|
HR
1067
DELISTED
Healthcare Realty Trust Incorporated
HR
| $10.1M | 0.01% |
334,036
-8,719
| -3% | -$264K |
|
1068
MSC Industrial Direct
MSM
$5.14B
| $10.1M | 0.01% |
112,112
-2,623
| -2% | -$237K |
|
1069
FNB Corp
FNB
$5.9B
| $10.1M | 0.01% |
795,211
-119,822
| -13% | -$1.52M |
|
1070
Armstrong World Industries
AWI
$8.61B
| $10M | 0.01% |
111,373
-10,503
| -9% | -$946K |
|
1071
Enovis
ENOV
$1.81B
| $10M | 0.01% |
132,696
-13,710
| -9% | -$1.03M |
|
1072
AXIS Capital
AXS
$7.76B
| $10M | 0.01% |
201,631
-8,413
| -4% | -$417K |
|
1073
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.52B
| $10M | 0.01% |
178,165
-5,302
| -3% | -$297K |
|
1074
Iovance Biotherapeutics
IOVA
$876M
| $9.99M | 0.01% |
315,678
-19,007
| -6% | -$602K |
|
1075
Sabre
SABR
$742M
| $9.99M | 0.01% |
674,398
-141,583
| -17% | -$2.1M |
|