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 | |
|---|---|---|---|---|---|---|
1151
JetBlue
JBLU
$1.85B
| $2.73M | ﹤0.01% |
491,899
-85,958
| -15% | -$477K |
|
1152
Tandem Diabetes Care
TNDM
$850M
| $2.7M | ﹤0.01% |
91,206
| – | – |
|
|
JKS
1153
JinkoSolar
JKS
$1.32B
| $2.62M | ﹤0.01% |
71,014
-2,820
| -4% | -$104K |
|
1154
Hanesbrands
HBI
$2.27B
| $2.58M | ﹤0.01% |
578,697
| – | – |
|
1155
Appian
APPN
$2.26B
| $2.56M | ﹤0.01% |
68,091
| – | – |
|
|
JOYY
1156
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $2.38M | ﹤0.01% |
60,051
+1,171
| +2% | +$46.5K |
|
1157
Canadian Solar
CSIQ
$748M
| $2.33M | ﹤0.01% |
88,896
-4,583
| -5% | -$120K |
|
|
DQ
1158
Daqo New Energy
DQ
$1.96B
| $2.3M | ﹤0.01% |
86,461
-10,568
| -11% | -$281K |
|
1159
NovoCure
NVCR
$1.37B
| $2.29M | ﹤0.01% |
153,406
| – | – |
|
1160
STAAR Surgical
STAA
$1.38B
| $2.21M | ﹤0.01% |
70,788
| – | – |
|
|
MOMO
1161
Hello Group
MOMO
$1.37B
| $1.83M | ﹤0.01% |
262,641
-9,897
| -4% | -$68.8K |
|
1162
AMC Entertainment Holdings
AMC
$1.41B
| $1.61M | ﹤0.01% |
263,623
+176,337
| +202% | +$1.08M |
|
1163
WK Kellogg Co
KLG
$1.98B
| $1.54M | ﹤0.01% |
+117,454
| New | +$1.54M |
|
1164
Weibo
WB
$2.87B
| $1.34M | ﹤0.01% |
122,733
-4,205
| -3% | -$46K |
|
|
FINV
1165
FinVolution Group
FINV
$2B
| $1.34M | ﹤0.01% |
272,492
-16,483
| -6% | -$80.8K |
|
|
EH
1166
EHang Holdings
EH
$1.16B
| $1.26M | ﹤0.01% |
74,953
-1,107
| -1% | -$18.6K |
|
|
TUYA
1167
Tuya Inc
TUYA
$1.53B
| $1.06M | ﹤0.01% |
459,742
+43,778
| +11% | +$101K |
|
1168
Gaotu Techedu
GOTU
$877M
| $982K | ﹤0.01% |
271,147
-8,343
| -3% | -$30.2K |
|
1169
Lufax Holding
LU
$2.61B
| $917K | ﹤0.01% |
298,672
-11,808
| -4% | -$36.3K |
|
|
NOAH
1170
Noah Holdings
NOAH
$797M
| $911K | ﹤0.01% |
65,981
-1,267
| -2% | -$17.5K |
|
|
ZH
1171
Zhihu
ZH
$428M
| $793K | ﹤0.01% |
141,167
+8,627
| +7% | +$48.5K |
|
|
VNET
1172
VNET Group
VNET
$2.13B
| $614K | ﹤0.01% |
213,972
-11,673
| -5% | -$33.5K |
|
|
CAN
1173
Canaan Creative
CAN
$346M
| $499K | ﹤0.01% |
215,983
-87,701
| -29% | -$203K |
|
|
NLOP
1174
Net Lease Office Properties
NLOP
$435M
| $479K | ﹤0.01% |
+25,894
| New | +$479K |
|
|
SOHU
1175
Sohu.com
SOHU
$467M
| $436K | ﹤0.01% |
43,932
| – | – |
|