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 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1201
MINISO
MNSO
$7.49B
| $1.08M | ﹤0.01% |
138,889
-6,080
| -4% | -$47.4K |
|
1202
ServisFirst Bancshares
SFBS
$4.78B
| $1.03M | ﹤0.01% |
+10,782
| New | +$1.03M |
|
|
UCB
1203
United Community Banks, Inc.
UCB
$4.04B
| $1.01M | ﹤0.01% |
+29,076
| New | +$1.01M |
|
1204
ZimVie
ZIMV
$532M
| $986K | ﹤0.01% |
+43,168
| New | +$986K |
|
1205
Assured Guaranty
AGO
$3.91B
| $981K | ﹤0.01% |
+15,416
| New | +$981K |
|
1206
MaxLinear
MXL
$1.36B
| $977K | ﹤0.01% |
+16,751
| New | +$977K |
|
|
SOHU
1207
Sohu.com
SOHU
$467M
| $975K | ﹤0.01% |
57,961
-3,953
| -6% | -$66.5K |
|
1208
Champion Homes, Inc.
SKY
$4.43B
| $904K | ﹤0.01% |
+16,479
| New | +$904K |
|
|
IMAB
1209
I-MAB
IMAB
$358M
| $861K | ﹤0.01% |
53,015
-99,887
| -65% | -$1.62M |
|
1210
Onto Innovation
ONTO
$5.1B
| $803K | ﹤0.01% |
+9,247
| New | +$803K |
|
|
NIU
1211
Niu Technologies
NIU
$338M
| $772K | ﹤0.01% |
79,961
-5,444
| -6% | -$52.6K |
|
1212
Cabot Corp
CBT
$4.31B
| $770K | ﹤0.01% |
+11,252
| New | +$770K |
|
|
EH
1213
EHang Holdings
EH
$1.16B
| $737K | ﹤0.01% |
61,467
-4,119
| -6% | -$49.4K |
|
|
HUYA
1214
Huya Inc
HUYA
$796M
| $719K | ﹤0.01% |
160,831
-11,161
| -6% | -$49.9K |
|
1215
Walker & Dunlop
WD
$2.98B
| $671K | ﹤0.01% |
+5,185
| New | +$671K |
|
|
DOYU
1216
DouYu International Holdings
DOYU
$234M
| $621K | ﹤0.01% |
29,850
-1,995
| -6% | -$41.5K |
|
|
LX
1217
LexinFintech Holdings
LX
$1.02B
| $584K | ﹤0.01% |
222,814
-15,279
| -6% | -$40K |
|
1218
Independent Bank
INDB
$3.55B
| $546K | ﹤0.01% |
+6,679
| New | +$546K |
|
|
BNR
1219
Burning Rock Biotech
BNR
$89.4M
| $543K | ﹤0.01% |
5,845
-372
| -6% | -$34.6K |
|
1220
Gaotu Techedu
GOTU
$877M
| $483K | ﹤0.01% |
280,989
-11,056
| -4% | -$19K |
|
|
DAO
1221
Youdao
DAO
$1.04B
| $469K | ﹤0.01% |
66,013
-4,285
| -6% | -$30.4K |
|
|
OCFT
1222
OneConnect Financial Technology
OCFT
$281M
| $346K | ﹤0.01% |
24,572
-910
| -4% | -$12.8K |
|
|
ZH
1223
Zhihu
ZH
$428M
| $250K | ﹤0.01% |
17,232
-1,901
| -10% | -$27.6K |
|
|
GTH
1224
DELISTED
Genetron Holdings Limited ADS
GTH
| $204K | ﹤0.01% |
31,067
-2,440
| -7% | -$16K |
|
1225
Adaptive Biotechnologies
ADPT
$1.96B
| – | – |
-236,456
| Closed | -$6.64M |
|