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
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$506M |
| 4 |
Cisco
CSCO
|
$402M |
| 5 |
O'Reilly Automotive
ORLY
|
$178M |
Top Sells
| 1 |
Coca-Cola
KO
|
$247M |
| 2 |
Apple
AAPL
|
$220M |
| 3 |
Medtronic
MDT
|
$192M |
| 4 |
American Tower
AMT
|
$186M |
| 5 |
L3Harris
LHX
|
$157M |
Sector Composition
| 1 | Technology | 23.93% |
| 2 | Healthcare | 13.69% |
| 3 | Financials | 11.26% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Communication Services | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1151
PagerDuty
PD
$1.54B
| $5.45M | ﹤0.01% |
156,846
-5,129
| -3% | -$178K |
|
|
NVRO
1152
DELISTED
NEVRO CORP.
NVRO
| $5.44M | ﹤0.01% |
67,158
-2,304
| -3% | -$187K |
|
1153
Shake Shack
SHAK
$4.03B
| $5.38M | ﹤0.01% |
74,509
| – | – |
|
1154
TripAdvisor
TRIP
$2.05B
| $5.34M | ﹤0.01% |
195,971
-23,930
| -11% | -$652K |
|
1155
Open Lending Corp
LPRO
$267M
| $5.2M | ﹤0.01% |
231,316
+1,623
| +0.7% | +$36.5K |
|
|
EVBG
1156
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $5.13M | ﹤0.01% |
76,223
| – | – |
|
|
SAGE
1157
DELISTED
Sage Therapeutics
SAGE
| $5.09M | ﹤0.01% |
119,702
| – | – |
|
1158
Haemonetics
HAE
$2.62B
| $5.05M | ﹤0.01% |
95,220
-20,780
| -18% | -$1.1M |
|
|
JWN
1159
DELISTED
Nordstrom
JWN
| $5.03M | ﹤0.01% |
222,553
-28,484
| -11% | -$644K |
|
|
JOYY
1160
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $5.01M | ﹤0.01% |
110,325
-4,908
| -4% | -$223K |
|
1161
Appian
APPN
$2.26B
| $4.98M | ﹤0.01% |
76,427
-10,230
| -12% | -$667K |
|
1162
Emergent Biosolutions
EBS
$404M
| $4.89M | ﹤0.01% |
112,498
-1,750
| -2% | -$76.1K |
|
1163
TG Therapeutics
TGTX
$5.11B
| $4.89M | ﹤0.01% |
257,110
-25,708
| -9% | -$488K |
|
1164
Upbound Group
UPBD
$1.47B
| $4.85M | ﹤0.01% |
100,968
+22,347
| +28% | +$1.07M |
|
|
DCT
1165
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $4.84M | ﹤0.01% |
160,872
| – | – |
|
|
TPTX
1166
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $4.83M | ﹤0.01% |
101,340
| – | – |
|
1167
Sabre
SABR
$675M
| $4.82M | ﹤0.01% |
560,876
-146,596
| -21% | -$1.26M |
|
|
DQ
1168
Daqo New Energy
DQ
$1.96B
| $4.81M | ﹤0.01% |
119,349
+2,953
| +3% | +$119K |
|
1169
eXp World Holdings
EXPI
$1.76B
| $4.67M | ﹤0.01% |
138,575
-4,269
| -3% | -$144K |
|
1170
CareDx
CDNA
$736M
| $4.6M | ﹤0.01% |
101,176
-10,815
| -10% | -$492K |
|
1171
LivePerson
LPSN
$89.9M
| $4.6M | ﹤0.01% |
128,635
| – | – |
|
1172
Nektar Therapeutics
NKTR
$764M
| $4.46M | ﹤0.01% |
21,995
-2,216
| -9% | -$449K |
|
1173
Magnite
MGNI
$3.54B
| $4.38M | ﹤0.01% |
250,249
-30,473
| -11% | -$533K |
|
1174
Virgin Galactic
SPCE
$185M
| $4.31M | ﹤0.01% |
16,088
-3,736
| -19% | -$1,000K |
|
1175
Cardlytics
CDLX
$49.6M
| $4.3M | ﹤0.01% |
64,986
| – | – |
|