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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Arista Networks
ANET
|
$158M |
| 5 |
Lam Research
LRCX
|
$138M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Brighthouse Financial
BHF
$2.7B
| $3.63M | ﹤0.01% |
75,551
-6,151
| -8% | -$295K |
|
|
FLG
1102
Flagstar Financial, Inc.
FLG
$5.33B
| $3.61M | ﹤0.01% |
387,320
+68,610
| +22% | +$640K |
|
1103
PENN Entertainment
PENN
$2.95B
| $3.59M | ﹤0.01% |
181,337
-22,469
| -11% | -$445K |
|
1104
Autohome
ATHM
$3.42B
| $3.57M | ﹤0.01% |
137,442
+55,243
| +67% | +$1.43M |
|
1105
Clarivate
CLVT
$2.92B
| $3.51M | ﹤0.01% |
690,832
-1
| -0% | -$5 |
|
1106
Concentrix
CNXC
$3.33B
| $3.47M | ﹤0.01% |
80,228
-6,798
| -8% | -$294K |
|
1107
DoubleVerify
DV
$2.66B
| $3.46M | ﹤0.01% |
180,060
-6,825
| -4% | -$131K |
|
1108
Innovative Industrial Properties
IIPR
$1.59B
| $3.44M | ﹤0.01% |
51,613
-6,484
| -11% | -$432K |
|
1109
Valaris
VAL
$3.54B
| $3.37M | ﹤0.01% |
76,270
-6
| -0% | -$265 |
|
1110
Transocean
RIG
$2.86B
| $3.29M | ﹤0.01% |
876,510
-76
| -0% | -$285 |
|
1111
Azenta
AZTA
$1.4B
| $3.13M | ﹤0.01% |
62,621
-6,345
| -9% | -$317K |
|
1112
Neogen
NEOG
$1.25B
| $3.13M | ﹤0.01% |
257,624
-24,701
| -9% | -$300K |
|
1113
StoneCo
STNE
$4.41B
| $3.12M | ﹤0.01% |
391,469
-48,561
| -11% | -$387K |
|
1114
QuidelOrtho
QDEL
$1.95B
| $3.02M | ﹤0.01% |
67,766
-1
| -0% | -$45 |
|
1115
Medical Properties Trust
MPW
$2.7B
| $3M | ﹤0.01% |
759,148
-326,620
| -30% | -$1.29M |
|
1116
Chemours
CC
$2.31B
| $2.93M | ﹤0.01% |
173,282
-15,758
| -8% | -$266K |
|
1117
Foot Locker
FL
$2.36B
| $2.91M | ﹤0.01% |
133,652
-30,948
| -19% | -$673K |
|
1118
Enovis
ENOV
$1.77B
| $2.89M | ﹤0.01% |
65,842
-9
| -0% | -$395 |
|
1119
Arrowhead Research
ARWR
$3.05B
| $2.63M | ﹤0.01% |
140,150
-13,731
| -9% | -$258K |
|
1120
Transmedics
TMDX
$3.92B
| $2.51M | ﹤0.01% |
40,302
-14,145
| -26% | -$882K |
|
1121
Sunrun
RUN
$3.68B
| $2.44M | ﹤0.01% |
263,607
-108,021
| -29% | -$999K |
|
1122
10x Genomics
TXG
$1.74B
| $2.12M | ﹤0.01% |
147,311
+774
| +0.5% | +$11.1K |
|
|
FINV
1123
FinVolution Group
FINV
$2.09B
| $1.95M | ﹤0.01% |
286,554
-27,318
| -9% | -$185K |
|
|
JOYY
1124
JOYY Inc. American Depositary Shares
JOYY
$2.78B
| $1.5M | ﹤0.01% |
35,785
-2,489
| -7% | -$104K |
|
|
DQ
1125
Daqo New Energy
DQ
$1.7B
| $1.38M | ﹤0.01% |
71,213
-10,842
| -13% | -$211K |
|