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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Cerence
CRNC
$426M
| $8.33M | 0.01% |
93,005
+8,283
| +10% | +$742K |
|
1177
Goodyear
GT
$2.45B
| $8.31M | 0.01% |
472,746
-98,201
| -17% | -$1.73M |
|
1178
LivaNova
LIVN
$3.13B
| $8.28M | 0.01% |
112,319
+7,687
| +7% | +$567K |
|
1179
Beam Therapeutics
BEAM
$2.18B
| $8.26M | 0.01% |
103,223
+11,241
| +12% | +$900K |
|
1180
Insmed
INSM
$30.8B
| $8.23M | 0.01% |
241,647
-10,759
| -4% | -$366K |
|
1181
Itron
ITRI
$5.51B
| $8.21M | 0.01% |
92,617
-9,508
| -9% | -$843K |
|
1182
CNO Financial Group
CNO
$3.8B
| $8.19M | 0.01% |
337,340
-47,417
| -12% | -$1.15M |
|
1183
Workiva
WK
$4.24B
| $8.18M | 0.01% |
92,632
-8,134
| -8% | -$718K |
|
1184
LivePerson
LPSN
$91.8M
| $8.17M | 0.01% |
154,969
+11,294
| +8% | +$596K |
|
1185
Qualys
QLYS
$4.75B
| $8.16M | 0.01% |
77,892
-8,910
| -10% | -$934K |
|
1186
Millicom
TIGO
$7.88B
| $8.16M | 0.01% |
213,578
-42,352
| -17% | -$1.62M |
|
|
MBT
1187
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $8.16M | 0.01% |
977,878
-68,730
| -7% | -$573K |
|
|
ISBC
1188
DELISTED
Investors Bancorp, Inc.
ISBC
| $8.13M | 0.01% |
553,314
-86,966
| -14% | -$1.28M |
|
1189
LiveRamp
RAMP
$1.74B
| $8.09M | 0.01% |
155,881
-2,529
| -2% | -$131K |
|
1190
Applied Industrial Technologies
AIT
$9.95B
| $8.08M | 0.01% |
88,599
-13,689
| -13% | -$1.25M |
|
1191
Credit Acceptance
CACC
$5.8B
| $8.04M | 0.01% |
22,316
-801
| -3% | -$289K |
|
1192
FormFactor
FORM
$2.27B
| $8.04M | 0.01% |
178,212
-21,792
| -11% | -$983K |
|
1193
Ambarella
AMBA
$3.55B
| $8.02M | 0.01% |
79,881
+4,370
| +6% | +$439K |
|
1194
Quaker Houghton
KWR
$2.42B
| $7.99M | 0.01% |
32,759
+4,484
| +16% | +$1.09M |
|
1195
Blackbaud
BLKB
$3.33B
| $7.97M | 0.01% |
112,163
-3,281
| -3% | -$233K |
|
1196
Associated Banc-Corp
ASB
$4.36B
| $7.97M | 0.01% |
373,479
-76,776
| -17% | -$1.64M |
|
1197
Nektar Therapeutics
NKTR
$898M
| $7.96M | 0.01% |
26,520
-3,515
| -12% | -$1.05M |
|
|
AJRD
1198
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $7.95M | 0.01% |
169,188
-19,470
| -10% | -$914K |
|
1199
Cardlytics
CDLX
$61.2M
| $7.91M | 0.01% |
72,092
+10,922
| +18% | +$1.2M |
|
1200
Unifirst Corp
UNF
$3.17B
| $7.9M | 0.01% |
35,321
-3,825
| -10% | -$856K |
|