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 | |
|---|---|---|---|---|---|---|
|
ONEM
1201
DELISTED
1Life Healthcare, Inc. Common Stock
ONEM
| $7.87M | 0.01% |
201,364
+19,155
| +11% | +$749K |
|
|
DNB
1202
DELISTED
Dun & Bradstreet
DNB
| $7.84M | 0.01% |
329,067
+137,648
| +72% | +$3.28M |
|
|
DCT
1203
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $7.8M | 0.01% |
172,678
+121,234
| +236% | +$5.47M |
|
1204
Relay Therapeutics
RLAY
$691M
| $7.79M | 0.01% |
225,208
+178,835
| +386% | +$6.18M |
|
1205
Cathay General Bancorp
CATY
$3.39B
| $7.76M | 0.01% |
190,157
-37,821
| -17% | -$1.54M |
|
1206
AllianceBernstein
AB
$4.26B
| $7.73M | 0.01% |
193,410
-29,763
| -13% | -$1.19M |
|
1207
QuantumScape
QS
$5.09B
| $7.72M | 0.01% |
172,481
-6,804
| -4% | -$304K |
|
1208
Open Lending Corp
LPRO
$254M
| $7.71M | 0.01% |
217,739
+87,227
| +67% | +$3.09M |
|
1209
Under Armour Class C
UA
$2.06B
| $7.7M | 0.01% |
417,338
-73,387
| -15% | -$1.35M |
|
1210
Sensient Technologies
SXT
$4.49B
| $7.69M | 0.01% |
98,599
-12,735
| -11% | -$993K |
|
1211
Madison Square Garden
MSGS
$5.08B
| $7.66M | 0.01% |
42,664
-2,028
| -5% | -$364K |
|
1212
NorthWestern Energy
NWE
$3.51B
| $7.65M | 0.01% |
117,382
-17,737
| -13% | -$1.16M |
|
1213
H.B. Fuller
FUL
$3.35B
| $7.61M | 0.01% |
121,025
-16,654
| -12% | -$1.05M |
|
1214
Avis
CAR
$5.48B
| $7.61M | 0.01% |
104,918
-15,816
| -13% | -$1.15M |
|
1215
WNS Holdings
WNS
$3.25B
| $7.61M | 0.01% |
105,014
-24,512
| -19% | -$1.78M |
|
1216
Asbury Automotive
ABG
$4.86B
| $7.57M | 0.01% |
38,545
-8,723
| -18% | -$1.71M |
|
1217
Lemonade
LMND
$3.81B
| $7.56M | 0.01% |
81,212
+56,562
| +229% | +$5.27M |
|
1218
LCI Industries
LCII
$2.47B
| $7.56M | 0.01% |
57,150
-7,027
| -11% | -$930K |
|
1219
Papa John's
PZZA
$1.64B
| $7.55M | 0.01% |
85,157
+7,509
| +10% | +$666K |
|
|
FSKR
1220
DELISTED
FS KKR Capital Corp. II
FSKR
| $7.54M | 0.01% |
386,263
-50,689
| -12% | -$990K |
|
1221
Verint Systems
VRNT
$1.23B
| $7.54M | 0.01% |
165,824
-156,883
| -49% | -$7.14M |
|
|
NSTG
1222
DELISTED
NanoString Technologies, Inc.
NSTG
| $7.54M | 0.01% |
114,741
+11,590
| +11% | +$762K |
|
|
MZTI
1223
The Marzetti Company Common Stock
MZTI
$5.06B
| $7.54M | 0.01% |
42,974
-5,485
| -11% | -$962K |
|
1224
Avista
AVA
$2.96B
| $7.53M | 0.01% |
157,776
-22,645
| -13% | -$1.08M |
|
1225
Western Midstream Partners
WES
$14.8B
| $7.53M | 0.01% |
405,044
-61,549
| -13% | -$1.14M |
|