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 |
Meta Platforms (Facebook)
META
|
$234M |
| 2 |
NVIDIA
NVDA
|
$197M |
| 3 |
Costco
COST
|
$174M |
| 4 |
Home Depot
HD
|
$157M |
| 5 |
Airbnb
ABNB
|
$137M |
Top Sells
| 1 |
Amazon
AMZN
|
$432M |
| 2 |
Microsoft
MSFT
|
$271M |
| 3 |
Merck
MRK
|
$261M |
| 4 |
Walt Disney
DIS
|
$232M |
| 5 |
Texas Instruments
TXN
|
$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Canadian Solar
CSIQ
$748M
| $1.7M | ﹤0.01% |
86,239
-2,657
| -3% | -$52.5K |
|
|
JOYY
1152
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $1.62M | ﹤0.01% |
52,735
-7,316
| -12% | -$225K |
|
|
MOMO
1153
Hello Group
MOMO
$1.37B
| $1.57M | ﹤0.01% |
253,496
-9,145
| -3% | -$56.8K |
|
|
EH
1154
EHang Holdings
EH
$1.16B
| $1.48M | ﹤0.01% |
72,144
-2,809
| -4% | -$57.8K |
|
|
FINV
1155
FinVolution Group
FINV
$2B
| $1.37M | ﹤0.01% |
272,492
| – | – |
|
1156
Lufax Holding
LU
$2.61B
| $1.22M | ﹤0.01% |
289,155
-9,517
| -3% | -$40.2K |
|
1157
Weibo
WB
$2.87B
| $1.04M | ﹤0.01% |
114,747
-7,986
| -7% | -$72.6K |
|
|
TUYA
1158
Tuya Inc
TUYA
$1.53B
| $786K | ﹤0.01% |
449,017
-10,725
| -2% | -$18.8K |
|
|
ZH
1159
Zhihu
ZH
$428M
| $579K | ﹤0.01% |
141,167
| – | – |
|
|
SOHU
1160
Sohu.com
SOHU
$467M
| $464K | ﹤0.01% |
43,932
| – | – |
|
|
CAN
1161
Canaan Creative
CAN
$346M
| $379K | ﹤0.01% |
249,096
+33,113
| +15% | +$50.3K |
|
|
VNET
1162
VNET Group
VNET
$2.13B
| $332K | ﹤0.01% |
213,972
| – | – |
|
|
DDL
1163
Dingdong
DDL
$470M
| $279K | ﹤0.01% |
228,602
| – | – |
|
|
DADA
1164
DELISTED
Dada Nexus
DADA
| $275K | ﹤0.01% |
134,095
+16,671
| +14% | +$34.2K |
|
|
HUYA
1165
Huya Inc
HUYA
$796M
| $267K | ﹤0.01% |
58,621
| – | – |
|
|
DAO
1166
Youdao
DAO
$1.04B
| $232K | ﹤0.01% |
57,603
| – | – |
|
|
NBIS
1167
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15.6B
| $61 | ﹤0.01% |
608,396
| – | – |
|
1168
Agilon Health
AGL
$497M
| – | – |
-402,879
| Closed | -$5.06M |
|
1169
Ambarella
AMBA
$3.54B
| – | – |
-64,751
| Closed | -$3.97M |
|
1170
AMC Entertainment Holdings
AMC
$1.41B
| – | – |
-263,623
| Closed | -$1.61M |
|
1171
Appian
APPN
$2.26B
| – | – |
-68,091
| Closed | -$2.56M |
|
1172
BCE
BCE
$23.1B
| – | – |
0
| – | – |
|
1173
Bloom Energy
BE
$13.4B
| – | – |
-263,224
| Closed | -$3.9M |
|
1174
Bread Financial
BFH
$3.09B
| – | – |
-108,003
| Closed | -$3.56M |
|
1175
Bankunited
BKU
$2.93B
| – | – |
-140,676
| Closed | -$4.56M |
|