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 |
Netflix
NFLX
|
$376M |
| 2 |
Charter Communications
CHTR
|
$360M |
| 3 |
Costco
COST
|
$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$185M |
| 5 |
Microsoft
MSFT
|
$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$174M |
| 3 |
Labcorp
LH
|
$151M |
| 4 |
Stryker
SYK
|
$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
KC
1176
Kingsoft Cloud Holdings
KC
$3.78B
| $5.71M | ﹤0.01% |
201,569
+24,001
| +14% | +$680K |
|
1177
eXp World Holdings
EXPI
$1.76B
| $5.68M | ﹤0.01% |
142,844
+1,232
| +0.9% | +$49K |
|
|
RETA
1178
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $5.68M | ﹤0.01% |
56,455
| – | – |
|
1179
8x8 Inc
EGHT
$282M
| $5.62M | ﹤0.01% |
240,117
+499
| +0.2% | +$11.7K |
|
1180
Kratos Defense & Security Solutions
KTOS
$10.9B
| $5.57M | ﹤0.01% |
249,474
+3,904
| +2% | +$87.1K |
|
1181
Stitch Fix
SFIX
$737M
| $5.56M | ﹤0.01% |
139,150
-7,387
| -5% | -$295K |
|
1182
Cardlytics
CDLX
$49.6M
| $5.46M | ﹤0.01% |
64,986
-5,621
| -8% | -$472K |
|
|
DIDI
1183
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $5.38M | ﹤0.01% |
+691,041
| New | +$5.38M |
|
1184
Sleep Number
SNBR
$220M
| $5.36M | ﹤0.01% |
57,347
-1,219
| -2% | -$114K |
|
1185
Mercury Systems
MRCY
$4.13B
| $5.36M | ﹤0.01% |
113,017
+1,858
| +2% | +$88.1K |
|
1186
Maravai LifeSciences
MRVI
$363M
| $5.34M | ﹤0.01% |
+108,705
| New | +$5.34M |
|
1187
National Storage Affiliates Trust
NSA
$2.56B
| $5.32M | ﹤0.01% |
+100,726
| New | +$5.32M |
|
|
SAGE
1188
DELISTED
Sage Therapeutics
SAGE
| $5.3M | ﹤0.01% |
119,702
-3,081
| -3% | -$137K |
|
1189
iQIYI
IQ
$2.61B
| $5.28M | ﹤0.01% |
657,882
+20,053
| +3% | +$161K |
|
1190
Vir Biotechnology
VIR
$732M
| $5.28M | ﹤0.01% |
121,222
-11,334
| -9% | -$493K |
|
1191
PTC Therapeutics
PTCT
$4.55B
| $5.23M | ﹤0.01% |
140,654
+5,148
| +4% | +$192K |
|
1192
Vroom, Inc. Common Stock
VRM
$140M
| $5.2M | ﹤0.01% |
2,946
-262
| -8% | -$463K |
|
|
SAVE
1193
DELISTED
Spirit Airlines, Inc.
SAVE
| $5.16M | ﹤0.01% |
198,748
| – | – |
|
|
REGI
1194
DELISTED
Renewable Energy Group, Inc.
REGI
| $5.07M | ﹤0.01% |
100,921
-4,502
| -4% | -$226K |
|
1195
iRobot
IRBT
$102M
| $5.06M | ﹤0.01% |
64,512
+299
| +0.5% | +$23.5K |
|
|
TWOU
1196
DELISTED
2U, Inc.
TWOU
| $4.9M | ﹤0.01% |
4,861
+134
| +3% | +$135K |
|
|
NSTG
1197
DELISTED
NanoString Technologies, Inc.
NSTG
| $4.88M | ﹤0.01% |
101,594
+1,883
| +2% | +$90.4K |
|
|
ONEM
1198
DELISTED
1Life Healthcare, Inc. Common Stock
ONEM
| $4.8M | ﹤0.01% |
236,963
-18,423
| -7% | -$373K |
|
1199
TAL Education Group
TAL
$6.17B
| $4.66M | ﹤0.01% |
962,220
+18,591
| +2% | +$90K |
|
1200
Glaukos
GKOS
$5.39B
| $4.44M | ﹤0.01% |
92,160
-9,082
| -9% | -$437K |
|