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 |
NVIDIA
NVDA
|
$894M |
| 2 |
UnitedHealth
UNH
|
$430M |
| 3 |
Intel
INTC
|
$409M |
| 4 |
Amazon
AMZN
|
$352M |
| 5 |
Broadcom
AVGO
|
$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$415M |
| 2 |
Microsoft
MSFT
|
$275M |
| 3 |
VMW
VMware, Inc
VMW
|
$221M |
| 4 |
JPMorgan Chase
JPM
|
$146M |
| 5 |
Verizon
VZ
|
$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Bloom Energy
BE
$13.4B
| $3.9M | ﹤0.01% |
263,224
-25,532
| -9% | -$378K |
|
1127
iQIYI
IQ
$2.61B
| $3.87M | ﹤0.01% |
792,036
-25,348
| -3% | -$124K |
|
1128
Intellia Therapeutics
NTLA
$1.29B
| $3.86M | ﹤0.01% |
126,624
| – | – |
|
1129
ICU Medical
ICUI
$3.24B
| $3.81M | ﹤0.01% |
38,195
| – | – |
|
1130
Denali Therapeutics
DNLI
$2.26B
| $3.78M | ﹤0.01% |
176,131
| – | – |
|
|
JWN
1131
DELISTED
Nordstrom
JWN
| $3.77M | ﹤0.01% |
204,117
-7,938
| -4% | -$146K |
|
1132
Walker & Dunlop
WD
$2.98B
| $3.77M | ﹤0.01% |
33,923
| – | – |
|
1133
NCR Voyix
VYX
$1.84B
| $3.73M | ﹤0.01% |
220,670
-171,299
| -44% | -$2.9M |
|
1134
Bread Financial
BFH
$3.09B
| $3.56M | ﹤0.01% |
108,003
| – | – |
|
1135
PagerDuty
PD
$1.54B
| $3.55M | ﹤0.01% |
153,514
+2,608
| +2% | +$60.4K |
|
1136
Plug Power
PLUG
$1.69B
| $3.46M | ﹤0.01% |
769,612
| – | – |
|
1137
nCino
NCNO
$3.52B
| $3.3M | ﹤0.01% |
98,181
+2,601
| +3% | +$87.5K |
|
1138
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $3.27M | ﹤0.01% |
206,585
-11,454
| -5% | -$181K |
|
1139
MINISO
MNSO
$7.49B
| $3.2M | ﹤0.01% |
156,866
-4,568
| -3% | -$93.2K |
|
1140
Verint Systems
VRNT
$1.23B
| $3.17M | ﹤0.01% |
117,301
-203,362
| -63% | -$5.5M |
|
1141
Cracker Barrel
CBRL
$1.18B
| $3.14M | ﹤0.01% |
40,768
-138
| -0.3% | -$10.6K |
|
1142
QuantumScape
QS
$4.44B
| $3.1M | ﹤0.01% |
446,427
| – | – |
|
1143
Autohome
ATHM
$3.39B
| $3M | ﹤0.01% |
106,795
-3,260
| -3% | -$91.5K |
|
1144
PTC Therapeutics
PTCT
$4.55B
| $2.98M | ﹤0.01% |
108,222
| – | – |
|
1145
NCR Atleos
NATL
$2.95B
| $2.92M | ﹤0.01% |
+120,235
| New | +$2.92M |
|
1146
GameStop
GME
$10.1B
| $2.9M | ﹤0.01% |
165,615
-14,716
| -8% | -$258K |
|
1147
Mercury Systems
MRCY
$4.13B
| $2.88M | ﹤0.01% |
78,648
| – | – |
|
1148
Omnicell
OMCL
$1.47B
| $2.84M | ﹤0.01% |
75,523
+7,902
| +12% | +$297K |
|
1149
Peloton Interactive
PTON
$3.27B
| $2.81M | ﹤0.01% |
460,759
| – | – |
|
1150
ServisFirst Bancshares
SFBS
$4.78B
| $2.75M | ﹤0.01% |
41,264
-14,260
| -26% | -$950K |
|