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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1101
LXP Industrial Trust
LXP
$2.69B
| $1.51M | ﹤0.01% |
174,124
-1,260,190
| -88% | -$10.9M |
|
1102
Liberty Global Class C
LBTYK
$4.04B
| $1.5M | ﹤0.01% |
125,665
-918,840
| -88% | -$11M |
|
|
VNET
1103
VNET Group
VNET
$2.07B
| $1.5M | ﹤0.01% |
183,124
+17,097
| +10% | +$140K |
|
1104
iQIYI
IQ
$2.62B
| $1.33M | ﹤0.01% |
588,328
+730
| +0.1% | +$1.65K |
|
|
DQ
1105
Daqo New Energy
DQ
$1.88B
| $1.23M | ﹤0.01% |
68,007
-3,206
| -5% | -$58.1K |
|
|
EH
1106
EHang Holdings
EH
$1.17B
| $1.09M | ﹤0.01% |
52,027
-411
| -0.8% | -$8.59K |
|
|
MOMO
1107
Hello Group
MOMO
$1.3B
| $1.07M | ﹤0.01% |
169,839
-7,993
| -4% | -$50.4K |
|
|
JKS
1108
JinkoSolar
JKS
$1.29B
| $909K | ﹤0.01% |
48,748
+322
| +0.7% | +$6K |
|
|
DDL
1109
Dingdong
DDL
$486M
| $861K | ﹤0.01% |
318,879
+4,392
| +1% | +$11.9K |
|
1110
Lufax Holding
LU
$2.53B
| $725K | ﹤0.01% |
244,073
+7,365
| +3% | +$21.9K |
|
1111
Canadian Solar
CSIQ
$731M
| $599K | ﹤0.01% |
69,262
+948
| +1% | +$8.2K |
|
1112
Gaotu Techedu
GOTU
$877M
| $586K | ﹤0.01% |
180,348
-7,380
| -4% | -$24K |
|
|
SOHU
1113
Sohu.com
SOHU
$483M
| $452K | ﹤0.01% |
34,327
-36
| -0.1% | -$474 |
|
|
ZH
1114
Zhihu
ZH
$442M
| $363K | ﹤0.01% |
84,899
+11,031
| +15% | +$47.1K |
|
|
DAO
1115
Youdao
DAO
$1.04B
| $303K | ﹤0.01% |
39,709
+3,334
| +9% | +$25.4K |
|
|
CAN
1116
Canaan Creative
CAN
$344M
| $236K | ﹤0.01% |
268,377
+28
| +0% | +$25 |
|
|
DADA
1117
DELISTED
Dada Nexus
DADA
| $202K | ﹤0.01% |
109,323
+46
| +0% | +$85 |
|
1118
Signet Jewelers
SIG
$3.81B
| – | – |
-68,224
| Closed | -$5.51M |
|
1119
Spectrum Brands
SPB
$1.34B
| – | – |
-49,679
| Closed | -$4.2M |
|
1120
Teradata
TDC
$2.01B
| – | – |
-164,534
| Closed | -$5.13M |
|
1121
Axcelis
ACLS
$2.57B
| – | – |
-57,261
| Closed | -$4M |
|
1122
American Eagle Outfitters
AEO
$3.17B
| – | – |
-287,223
| Closed | -$4.79M |
|
1123
Arrowhead Research
ARWR
$3.76B
| – | – |
-140,150
| Closed | -$2.63M |
|
1124
Atkore
ATKR
$1.97B
| – | – |
-66,126
| Closed | -$5.52M |
|
1125
Azenta
AZTA
$1.35B
| – | – |
-62,621
| Closed | -$3.13M |
|