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 | |
|---|---|---|---|---|---|---|
|
MOMO
1126
Hello Group
MOMO
$1.33B
| $1.37M | ﹤0.01% |
177,832
-24,188
| -12% | -$186K |
|
|
JKS
1127
JinkoSolar
JKS
$1.19B
| $1.21M | ﹤0.01% |
48,426
-18,535
| -28% | -$462K |
|
1128
iQIYI
IQ
$2.55B
| $1.18M | ﹤0.01% |
587,598
-52,677
| -8% | -$106K |
|
|
DDL
1129
Dingdong
DDL
$447M
| $1.03M | ﹤0.01% |
314,487
+127,320
| +68% | +$418K |
|
1130
Weibo
WB
$2.81B
| $882K | ﹤0.01% |
92,309
-10,291
| -10% | -$98.3K |
|
|
EH
1131
EHang Holdings
EH
$1.14B
| $826K | ﹤0.01% |
52,438
-6,104
| -10% | -$96.1K |
|
|
VNET
1132
VNET Group
VNET
$2.33B
| $787K | ﹤0.01% |
166,027
-17,501
| -10% | -$83K |
|
1133
Canadian Solar
CSIQ
$655M
| $760K | ﹤0.01% |
68,314
-6,951
| -9% | -$77.3K |
|
1134
Lufax Holding
LU
$2.55B
| $566K | ﹤0.01% |
236,708
-7,873
| -3% | -$18.8K |
|
|
CAN
1135
Canaan Creative
CAN
$365M
| $550K | ﹤0.01% |
268,349
-2,514
| -0.9% | -$5.15K |
|
|
SOHU
1136
Sohu.com
SOHU
$483M
| $453K | ﹤0.01% |
34,363
-2,993
| -8% | -$39.4K |
|
1137
Gaotu Techedu
GOTU
$950M
| $411K | ﹤0.01% |
187,728
-40,296
| -18% | -$88.2K |
|
|
DAO
1138
Youdao
DAO
$1.07B
| $269K | ﹤0.01% |
36,375
-8,207
| -18% | -$60.7K |
|
|
ZH
1139
Zhihu
ZH
$421M
| $261K | ﹤0.01% |
73,868
-10,355
| -12% | -$36.7K |
|
|
DADA
1140
DELISTED
Dada Nexus
DADA
| $132K | ﹤0.01% |
109,277
-2
| -0% | -$2 |
|
|
HUYA
1141
Huya Inc
HUYA
$796M
| $107K | ﹤0.01% |
34,981
-20,580
| -37% | -$63.2K |
|
1142
BCE
BCE
$23.3B
| – | – |
0
| – | – |
|
|
CTLT
1143
DELISTED
CATALENT, INC.
CTLT
| – | – |
-303,396
| Closed | -$18.4M |
|
|
MRO
1144
DELISTED
Marathon Oil Corporation
MRO
| – | – |
-1,312,646
| Closed | -$35M |
|
|
SRCL
1145
DELISTED
Stericycle Inc
SRCL
| – | – |
-150,927
| Closed | -$9.21M |
|
|
SWN
1146
DELISTED
Southwestern Energy Company
SWN
| – | – |
-1,948,035
| Closed | -$13.9M |
|
|
SVA
1147
DELISTED
Sinovac Biotech, Ltd
SVA
| – | – |
-68,732
| Closed | – |
|
|
ENV
1148
DELISTED
ENVESTNET, INC.
ENV
| – | – |
-86,069
| Closed | -$5.39M |
|