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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Casella Waste Systems
CWST
$6.07B
| $1.16M | ﹤0.01% |
+15,189
| New | +$1.16M |
|
|
NOAH
1202
Noah Holdings
NOAH
$819M
| $1.1M | ﹤0.01% |
82,905
-2,836
| -3% | -$37.5K |
|
1203
MINISO
MNSO
$7.45B
| $1.03M | ﹤0.01% |
188,270
+52,975
| +39% | +$291K |
|
|
SOHU
1204
Sohu.com
SOHU
$468M
| $1.02M | ﹤0.01% |
63,741
+8,707
| +16% | +$140K |
|
|
DADA
1205
DELISTED
Dada Nexus
DADA
| $734K | ﹤0.01% |
155,194
+36,307
| +31% | +$172K |
|
|
YSG
1206
Yatsen Holding
YSG
$825M
| $686K | ﹤0.01% |
+125,916
| New | +$686K |
|
|
LX
1207
LexinFintech Holdings
LX
$1.01B
| $508K | ﹤0.01% |
300,307
+52,867
| +21% | +$89.4K |
|
|
IMAB
1208
I-MAB
IMAB
$355M
| $454K | ﹤0.01% |
113,278
+25,359
| +29% | +$102K |
|
|
KC
1209
Kingsoft Cloud Holdings
KC
$3.67B
| $441K | ﹤0.01% |
221,530
+35,348
| +19% | +$70.4K |
|
|
NIU
1210
Niu Technologies
NIU
$335M
| $439K | ﹤0.01% |
107,129
+20,021
| +23% | +$82K |
|
|
HUYA
1211
Huya Inc
HUYA
$807M
| $435K | ﹤0.01% |
196,075
+35,711
| +22% | +$79.2K |
|
1212
Gaotu Techedu
GOTU
$894M
| $385K | ﹤0.01% |
318,479
+46,398
| +17% | +$56.1K |
|
|
ZH
1213
Zhihu
ZH
$414M
| $354K | ﹤0.01% |
55,594
+18,341
| +49% | +$117K |
|
|
EH
1214
EHang Holdings
EH
$1.16B
| $337K | ﹤0.01% |
79,943
+14,508
| +22% | +$61.2K |
|
|
DOYU
1215
DouYu International Holdings
DOYU
$233M
| $334K | ﹤0.01% |
33,398
+4,443
| +15% | +$44.4K |
|
|
DAO
1216
Youdao
DAO
$998M
| $306K | ﹤0.01% |
77,916
+13,935
| +22% | +$54.7K |
|
|
TUYA
1217
Tuya Inc
TUYA
$1.51B
| $252K | ﹤0.01% |
270,602
+10,432
| +4% | +$9.72K |
|
|
OCFT
1218
OneConnect Financial Technology
OCFT
$277M
| $203K | ﹤0.01% |
28,123
+5,069
| +22% | +$36.6K |
|
1219
Amcor
AMCR
$19.2B
| – | – |
-1,267,688
| Closed | -$15.8M |
|
1220
Asana
ASAN
$3.44B
| – | – |
-116,668
| Closed | -$2.05M |
|
1221
Altice USA
ATUS
$1.09B
| – | – |
-351,603
| Closed | -$3.25M |
|
1222
BCE
BCE
$22.8B
| – | – |
0
| – | – |
|
|
BNR
1223
Burning Rock Biotech
BNR
$91M
| – | – |
-9,376
| Closed | -$273K |
|
1224
Beyond Meat
BYND
$180M
| – | – |
-108,501
| Closed | -$2.6M |
|
1225
CareDx
CDNA
$697M
| – | – |
-101,176
| Closed | -$2.17M |
|