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 | |
|---|---|---|---|---|---|---|
1076
Advanced Energy
AEIS
$5.93B
| $9.96M | 0.01% |
91,246
-4,797
| -5% | -$524K |
|
1077
RLI Corp
RLI
$6.08B
| $9.96M | 0.01% |
178,542
-20,108
| -10% | -$1.12M |
|
1078
Avnet
AVT
$4.52B
| $9.96M | 0.01% |
239,890
-26,864
| -10% | -$1.12M |
|
1079
Premier
PINC
$2.21B
| $9.95M | 0.01% |
293,801
-7,134
| -2% | -$241K |
|
1080
ICU Medical
ICUI
$3.3B
| $9.92M | 0.01% |
48,275
-977
| -2% | -$201K |
|
1081
nVent Electric
NVT
$15.3B
| $9.9M | 0.01% |
354,710
-39,120
| -10% | -$1.09M |
|
1082
Avient
AVNT
$3.34B
| $9.89M | 0.01% |
209,182
-22,113
| -10% | -$1.05M |
|
1083
Vroom, Inc. Common Stock
VRM
$131M
| $9.89M | 0.01% |
3,169
+2,547
| +409% | +$7.95M |
|
1084
Carter's
CRI
$1.04B
| $9.88M | 0.01% |
111,081
-2,631
| -2% | -$234K |
|
|
JWN
1085
DELISTED
Nordstrom
JWN
| $9.85M | 0.01% |
260,111
+11,441
| +5% | +$433K |
|
|
ARNA
1086
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $9.85M | 0.01% |
141,934
-4,028
| -3% | -$280K |
|
1087
Agree Realty
ADC
$7.96B
| $9.85M | 0.01% |
146,282
+9,330
| +7% | +$628K |
|
1088
Editas Medicine
EDIT
$244M
| $9.84M | 0.01% |
234,161
+80,810
| +53% | +$3.39M |
|
1089
Sleep Number
SNBR
$211M
| $9.82M | 0.01% |
68,461
+6,214
| +10% | +$892K |
|
1090
Pegasystems
PEGA
$9.66B
| $9.78M | 0.01% |
171,114
-23,190
| -12% | -$1.33M |
|
|
SWAV
1091
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $9.77M | 0.01% |
75,012
+8,048
| +12% | +$1.05M |
|
1092
Selective Insurance
SIGI
$4.75B
| $9.76M | 0.01% |
134,591
-13,807
| -9% | -$1M |
|
1093
Rayonier
RYN
$4.04B
| $9.76M | 0.01% |
318,076
-30,105
| -9% | -$924K |
|
1094
Blue Owl Capital
OBDC
$7.23B
| $9.76M | 0.01% |
708,699
-144,345
| -17% | -$1.99M |
|
1095
ONE Gas
OGS
$4.5B
| $9.75M | 0.01% |
126,753
-3,661
| -3% | -$282K |
|
|
TXNM
1096
TXNM Energy, Inc.
TXNM
$5.99B
| $9.75M | 0.01% |
198,693
-5,261
| -3% | -$258K |
|
|
PRSP
1097
DELISTED
Perspecta Inc. Common Stock
PRSP
| $9.73M | 0.01% |
334,863
-37,345
| -10% | -$1.08M |
|
1098
Ryder
R
$7.61B
| $9.7M | 0.01% |
128,278
-14,687
| -10% | -$1.11M |
|
1099
Xerox
XRX
$466M
| $9.69M | 0.01% |
399,313
-41,636
| -9% | -$1.01M |
|
|
XIFR
1100
XPLR Infrastructure, LP
XIFR
$949M
| $9.68M | 0.01% |
132,828
-28,730
| -18% | -$2.09M |
|