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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
iQIYI
IQ
$2.55B
| $1.83M | ﹤0.01% | 640,275 -135,494 | -17% | -$388K |
|
|
JKS
1127
JinkoSolar
JKS
$1.19B
| $1.8M | ﹤0.01% | 66,961 +5,126 | +8% | +$137K |
|
|
DQ
1128
Daqo New Energy
DQ
$1.7B
| $1.67M | ﹤0.01% | 82,055 -10,412 | -11% | -$212K |
|
|
MOMO
1129
Hello Group
MOMO
$1.33B
| $1.54M | ﹤0.01% | 202,020 -5,367 | -3% | -$40.8K |
|
|
JOYY
1130
JOYY Inc. American Depositary Shares
JOYY
$2.78B
| $1.39M | ﹤0.01% | 38,274 -4,429 | -10% | -$161K |
|
1131
Canadian Solar
CSIQ
$655M
| $1.26M | ﹤0.01% | 75,265 -6,599 | -8% | -$111K |
|
1132
Weibo
WB
$2.81B
| $1.03M | ﹤0.01% | 102,600 +854 | +0.8% | +$8.61K |
|
1133
Gaotu Techedu
GOTU
$950M
| $894K | ﹤0.01% | 228,024 -4,893 | -2% | -$19.2K |
|
1134
Lufax Holding
LU
$2.55B
| $854K | ﹤0.01% | 244,581 -158 | -0.1% | -$551 |
|
|
EH
1135
EHang Holdings
EH
$1.14B
| $828K | ﹤0.01% | 58,542 -3,770 | -6% | -$53.3K |
|
|
VNET
1136
VNET Group
VNET
$2.33B
| $749K | ﹤0.01% | 183,528 +7,839 | +4% | +$32K |
|
|
DDL
1137
Dingdong
DDL
$447M
| $664K | ﹤0.01% | 187,167 +1,132 | +0.6% | +$4.02K |
|
|
SOHU
1138
Sohu.com
SOHU
$483M
| $588K | ﹤0.01% | 37,356 +4,331 | +13% | +$68.2K |
|
|
ZH
1139
Zhihu
ZH
$421M
| $324K | ﹤0.01% | 84,223 +104 | +0.1% | +$400 |
|
|
HUYA
1140
Huya Inc
HUYA
$796M
| $283K | ﹤0.01% | 55,561 +525 | +1% | +$2.68K |
|
|
CAN
1141
Canaan Creative
CAN
$365M
| $274K | ﹤0.01% | 270,863 +68,632 | +34% | +$69.3K |
|
|
DADA
1142
DELISTED
Dada Nexus
DADA
| $208K | ﹤0.01% | 109,279 -9,531 | -8% | -$18.1K |
|
|
DAO
1143
Youdao
DAO
$1.07B
| $185K | ﹤0.01% | 44,582 -1,861 | -4% | -$7.72K |
|
|
NBIS
1144
Nebius Group N.V. Class A Ordinary Shares
NBIS
$16.3B
| $61 | ﹤0.01% | 608,396 | – | – |
|
1145
Fox Factory Holding Corp
FOXF
$1.21B
| – | – | -70,172 | Closed | -$3.38M |
|
1146
Fortrea Holdings
FTRE
$894M
| – | – | -151,237 | Closed | -$3.53M |
|
1147
Helen of Troy
HELE
$564M
| – | – | -40,902 | Closed | -$3.79M |
|
1148
Howard Hughes
HHH
$4.53B
| – | – | -54,474 | Closed | -$3.53M |
|
1149
Hillenbrand
HI
$1.79B
| – | – | -115,601 | Closed | -$4.63M |
|
1150
Integra LifeSciences
IART
$1.18B
| – | – | -133,079 | Closed | -$3.88M |
|