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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Community Bank
CBU
$3.11B
| $9.05M | 0.01% |
119,564
-3,174
| -3% | -$240K |
|
|
JWN
1077
DELISTED
Nordstrom
JWN
| $9.01M | 0.01% |
246,291
-13,820
| -5% | -$505K |
|
1078
Cerence
CRNC
$450M
| $8.99M | 0.01% |
84,238
-8,767
| -9% | -$936K |
|
1079
Cardlytics
CDLX
$59.6M
| $8.96M | 0.01% |
70,607
-1,485
| -2% | -$188K |
|
1080
Shake Shack
SHAK
$4.06B
| $8.95M | 0.01% |
83,627
+6,038
| +8% | +$646K |
|
1081
Sabre
SABR
$738M
| $8.93M | 0.01% |
715,761
+41,363
| +6% | +$516K |
|
|
GRA
1082
DELISTED
W.R. Grace & Co.
GRA
| $8.93M | 0.01% |
129,160
-10,036
| -7% | -$694K |
|
1083
Alarm.com
ALRM
$2.78B
| $8.9M | 0.01% |
105,117
-4,390
| -4% | -$372K |
|
1084
TripAdvisor
TRIP
$2.06B
| $8.9M | 0.01% |
220,923
+1,764
| +0.8% | +$71.1K |
|
|
JBGS
1085
JBG SMITH
JBGS
$1.45B
| $8.88M | 0.01% |
281,884
+3,925
| +1% | +$124K |
|
1086
CureVac
CVAC
$1.2B
| $8.88M | 0.01% |
120,808
-96,886
| -45% | -$7.12M |
|
1087
CONMED
CNMD
$1.64B
| $8.87M | 0.01% |
64,551
-32,391
| -33% | -$4.45M |
|
1088
Stitch Fix
SFIX
$714M
| $8.84M | 0.01% |
146,537
-1,728
| -1% | -$104K |
|
|
DOC
1089
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $8.82M | 0.01% |
477,469
-224,044
| -32% | -$4.14M |
|
1090
AXIS Capital
AXS
$7.75B
| $8.79M | 0.01% |
179,350
-22,281
| -11% | -$1.09M |
|
1091
ONE Gas
OGS
$4.55B
| $8.78M | 0.01% |
118,506
-8,247
| -7% | -$611K |
|
1092
Adaptive Biotechnologies
ADPT
$1.92B
| $8.76M | 0.01% |
214,394
+44,767
| +26% | +$1.83M |
|
1093
Brighthouse Financial
BHF
$2.8B
| $8.74M | 0.01% |
191,931
-17,164
| -8% | -$782K |
|
1094
Southwest Gas
SWX
$5.65B
| $8.62M | 0.01% |
130,152
-7,221
| -5% | -$478K |
|
1095
Glaukos
GKOS
$4.75B
| $8.59M | 0.01% |
101,242
-5,336
| -5% | -$453K |
|
1096
Autohome
ATHM
$3.48B
| $8.55M | 0.01% |
133,680
+5,452
| +4% | +$349K |
|
1097
KB Home
KBH
$4.48B
| $8.54M | 0.01% |
209,635
-13,236
| -6% | -$539K |
|
1098
Home BancShares
HOMB
$5.89B
| $8.53M | 0.01% |
345,801
-9,867
| -3% | -$244K |
|
|
MBT
1099
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $8.52M | 0.01% |
919,973
-57,905
| -6% | -$536K |
|
1100
Editas Medicine
EDIT
$242M
| $8.51M | 0.01% |
150,245
-83,916
| -36% | -$4.75M |
|