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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Sabre
SABR
$675M
| $3.68M | ﹤0.01% |
596,262
-99,160
| -14% | -$613K |
|
1152
Fabrinet
FN
$12B
| $3.61M | ﹤0.01% |
28,121
+12,978
| +86% | +$1.66M |
|
1153
iQIYI
IQ
$2.55B
| $3.58M | ﹤0.01% |
676,101
-14,168
| -2% | -$75.1K |
|
1154
U-Haul Holding Co
UHAL
$10.7B
| $3.57M | ﹤0.01% |
59,281
-15,258
| -20% | -$918K |
|
|
JKS
1155
JinkoSolar
JKS
$1.24B
| $3.55M | ﹤0.01% |
86,763
+6,388
| +8% | +$261K |
|
1156
Maravai LifeSciences
MRVI
$340M
| $3.53M | ﹤0.01% |
246,995
-9,118
| -4% | -$130K |
|
1157
Affirm
AFRM
$27B
| $3.5M | ﹤0.01% |
361,444
-9,639
| -3% | -$93.2K |
|
1158
Herbalife
HLF
$1.03B
| $3.49M | ﹤0.01% |
234,273
-11,357
| -5% | -$169K |
|
1159
Canadian Solar
CSIQ
$664M
| $3.48M | ﹤0.01% |
112,717
-735
| -0.6% | -$22.7K |
|
1160
American Eagle Outfitters
AEO
$2.34B
| $3.47M | ﹤0.01% |
248,431
-66,291
| -21% | -$925K |
|
|
HPP
1161
Hudson Pacific Properties
HPP
$1.07B
| $3.28M | ﹤0.01% |
337,469
-1,858
| -0.5% | -$18.1K |
|
1162
ServisFirst Bancshares
SFBS
$4.76B
| $3.27M | ﹤0.01% |
47,402
+8,221
| +21% | +$567K |
|
1163
Embecta
EMBC
$834M
| $3.24M | ﹤0.01% |
128,005
+372
| +0.3% | +$9.41K |
|
1164
Mueller Industries
MLI
$10.6B
| $3.14M | ﹤0.01% |
53,276
+23,889
| +81% | +$1.41M |
|
|
JOYY
1165
JOYY Inc. American Depositary Shares
JOYY
$3.06B
| $3.11M | ﹤0.01% |
98,330
-2,104
| -2% | -$66.5K |
|
1166
Shake Shack
SHAK
$4.27B
| $3.07M | ﹤0.01% |
73,988
-10,923
| -13% | -$454K |
|
1167
Weibo
WB
$2.77B
| $2.94M | ﹤0.01% |
153,983
-4,016
| -3% | -$76.8K |
|
|
MOMO
1168
Hello Group
MOMO
$1.32B
| $2.92M | ﹤0.01% |
325,376
+14,213
| +5% | +$128K |
|
1169
ZIM Integrated Shipping Services
ZIM
$1.63B
| $2.92M | ﹤0.01% |
169,870
+2,515
| +2% | +$43.2K |
|
1170
nCino
NCNO
$3.54B
| $2.91M | ﹤0.01% |
110,068
-9,575
| -8% | -$253K |
|
1171
Lufax Holding
LU
$2.71B
| $2.89M | ﹤0.01% |
1,488,907
-27,557
| -2% | -$53.5K |
|
1172
Procore
PCOR
$10.2B
| $2.79M | ﹤0.01% |
59,084
-280
| -0.5% | -$13.2K |
|
1173
QuantumScape
QS
$4.53B
| $2.72M | ﹤0.01% |
480,068
-71,445
| -13% | -$405K |
|
1174
Tilray
TLRY
$1.31B
| $2.68M | ﹤0.01% |
997,617
-38,538
| -4% | -$104K |
|
1175
Q2 Holdings
QTWO
$4.78B
| $2.68M | ﹤0.01% |
99,871
-8,677
| -8% | -$233K |
|