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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
ACI Worldwide
ACIW
$5.2B
| $6.63M | 0.01% |
313,700
-9,400
| -3% | -$199K |
|
|
SINA
1077
DELISTED
Sina Corp
SINA
| $6.62M | 0.01% |
165,000
+8,400
| +5% | +$337K |
|
|
INVX
1078
Innovex International, Inc.
INVX
$1.16B
| $6.59M | 0.01% |
113,100
-800
| -0.7% | -$46.6K |
|
1079
Enovis
ENOV
$1.86B
| $6.58M | 0.01% |
127,878
-4,241
| -3% | -$218K |
|
1080
Grand Canyon Education
LOPE
$5.87B
| $6.57M | 0.01% |
172,997
-7,000
| -4% | -$266K |
|
|
PNY
1081
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $6.57M | 0.01% |
164,000
+10,000
| +6% | +$401K |
|
|
UNIT
1082
Uniti Group
UNIT
$1.71B
| $6.57M | 0.01% |
366,943
-31,000
| -8% | -$555K |
|
1083
Deluxe
DLX
$882M
| $6.57M | 0.01% |
117,800
+500
| +0.4% | +$27.9K |
|
|
DBD
1084
DELISTED
Diebold Nixdorf Incorporated
DBD
| $6.55M | 0.01% |
220,100
-9,400
| -4% | -$280K |
|
|
MDRX
1085
DELISTED
Veradigm Inc. Common Stock
MDRX
| $6.54M | 0.01% |
527,500
+103,600
| +24% | +$1.28M |
|
|
NBIS
1086
Nebius Group N.V. Class A Ordinary Shares
NBIS
$20.8B
| $6.51M | 0.01% |
606,500
-20,600
| -3% | -$221K |
|
1087
Gaming and Leisure Properties
GLPI
$13.5B
| $6.5M | 0.01% |
219,000
-144
| -0.1% | -$4.28K |
|
1088
Lincoln Electric
LECO
$13.3B
| $6.5M | 0.01% |
124,000
-800
| -0.6% | -$41.9K |
|
1089
DiamondRock Hospitality
DRH
$1.71B
| $6.5M | 0.01% |
588,078
-51,400
| -8% | -$568K |
|
1090
Mercado Libre
MELI
$118B
| $6.48M | 0.01% |
71,200
-10,300
| -13% | -$938K |
|
|
AVP
1091
DELISTED
Avon Products, Inc.
AVP
| $6.48M | 0.01% |
1,992,628
+201,800
| +11% | +$656K |
|
1092
Apple Hospitality REIT
APLE
$2.97B
| $6.46M | 0.01% |
+347,700
| New | +$6.46M |
|
1093
Valley National Bancorp
VLY
$6.11B
| $6.45M | 0.01% |
655,439
-5,739
| -0.9% | -$56.5K |
|
1094
Cheesecake Factory
CAKE
$2.82B
| $6.44M | 0.01% |
119,300
+1,900
| +2% | +$103K |
|
|
NTUS
1095
DELISTED
Natus Medical Inc
NTUS
| $6.44M | 0.01% |
163,145
-6,200
| -4% | -$245K |
|
|
CBM
1096
DELISTED
Cambrex Corporation
CBM
| $6.42M | 0.01% |
161,900
-3,100
| -2% | -$123K |
|
1097
TD Synnex
SNX
$12.5B
| $6.39M | 0.01% |
150,200
-200
| -0.1% | -$8.51K |
|
1098
Acadia Pharmaceuticals
ACAD
$3.97B
| $6.39M | 0.01% |
193,100
| – | – |
|
1099
CommScope
COMM
$3.6B
| $6.38M | 0.01% |
212,400
-6,500
| -3% | -$195K |
|
1100
National Health Investors
NHI
$3.76B
| $6.34M | 0.01% |
110,200
| – | – |
|